Who will control crypto?
By Saffron Huang & Josh StarkThe rise of statechainsImagine that Ethereum succeeds. Blockchains become widely used for global commerce and coordination. Anyone with an internet connection and a phone can plug directly into a global network for money, value and identity. Every day, billions interact with an ecosystem of L2 chains secured by Ethereum. Security practices have improved at every level of the stack and major hacks are essentially nonexistent. It is commonplace for businesses and in...
Who will control crypto?
By Saffron Huang & Josh StarkThe rise of statechainsImagine that Ethereum succeeds. Blockchains become widely used for global commerce and coordination. Anyone with an internet connection and a phone can plug directly into a global network for money, value and identity. Every day, billions interact with an ecosystem of L2 chains secured by Ethereum. Security practices have improved at every level of the stack and major hacks are essentially nonexistent. It is commonplace for businesses and in...
Turing-Complete Governance
From decentralized governance to composable, arbitrarily programmable governance. Decentralized governance has been dreamed of and experimented with for a long time. From self-managed market socialism in Yugoslavia to revolutionary anarchists in Spain to the IETF’s use of rough consensus, plenty of people have sought new and better ways to make bottom-up decisions. But doing so at scale has never been easy. It is fiendishly difficult to get lots of people to make decisions and work together b...
Turing-Complete Governance
From decentralized governance to composable, arbitrarily programmable governance. Decentralized governance has been dreamed of and experimented with for a long time. From self-managed market socialism in Yugoslavia to revolutionary anarchists in Spain to the IETF’s use of rough consensus, plenty of people have sought new and better ways to make bottom-up decisions. But doing so at scale has never been easy. It is fiendishly difficult to get lots of people to make decisions and work together b...
