#Vitalik on Funding Structures#
Hot Topic Overview
Overview
Ethereum co-founder Vitalik Buterin recently expressed his views on funding structures on social media, arguing that it is crucial to create structures that can incentivize open source, open standards, and security for the long term. He stressed that such structures should discourage closed-mindedness and excessive extraction, promoting positive-sum participation in the broader ecosystem. Vitalik believes that the tech world generally underestimates the importance of efficient capital formation for future development, and the funding structures he advocates for are designed to address this issue, providing sustained momentum for open source, open standards, and security.
Ace Hot Topic Analysis
Analysis
In response to a community member's point about the importance of "efficient capital formation for building the future," Ethereum co-founder Vitalik Buterin stressed the importance of creating funding structures that can incentivize open-source, open standards, and security in the long term. He believes such structures can curb closed-minded and excessively predatory behavior, and promote becoming positive-sum participants in a broader ecosystem. Vitalik argues that the tech world generally underestimates the significance of efficient capital formation for building the future, and creating funding structures that can sustainably incentivize open-source, open standards, and security is key to curbing walled garden mentality and extractive behavior, and fostering a positive-sum participation across the board. He hopes such funding structures will better drive the ongoing development of blockchain technologies like Ethereum and bring more benefits to the entire ecosystem.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
It is crucial to create a funding structure that can incentivize open source, open standards, and security for the long term.
This funding structure should discourage closed-mindedness and excessive extraction.
The funding structure should promote becoming positive-sum participants in a broader ecosystem.
Efficient capital formation is essential to building the future.