drnick.eth
@DrNickA
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PhD in Physics. Learning Theorist. Governance Designer. CEO. Building Emerging Technology at Factory Labs. Join 👉 @FactDAO. All tweets are just my opinion.
The Cryptospace
Joined September 2010
I wouldn’t say it was 10X different, sequencer revenue is closer to miner revenue I would say. They’re providing a passive (automated) validation service to enable a network extension, the EF advances the core roadmap which makes things like L2s possible. I would say the latter is a more valuable spend if anything.
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@deomaius @aztecnetwork Yes, I highly suspect they’re not gonna launch the network from the U.K. whether the devs have to leave to escape persecution is another matter.
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@BryceWeiner yeah i've avoided making the transition because I'm mid project, but it's gonna have to happen. if their economics weren't such of a rug i wouldn't care, but this is ridiculous.
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@WasabiNetwork we're gonna have super geniuses in their teens. I honestly can't even fathom what I could have leared by the time I was 18 if I had AI. They're still going to be clueless about life though, the most important lessons are hard earned and it takes time.
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yeah very much not easy, certainly not in the current designs since no revoke delegation functions exist and things have spiralled into councils with their local budgets that could be hard to claw back. I think it would need a fairly high threshold vote for a RESET that built legitimacy amongst the token holders and then a mandata given to a trusted party (such as a foundation) to review and reform everything.
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@freddienew I think that was the point of it tbh, that and trying to install the apparatus for systemic thoughtcrime.
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