@vbuterin Does the Ethereum Foundation provide grants to a project, even if it’s so innovative it does not fit into the Ethereum ecosystem in its infancy? Because not only is it harder to get ecosystem grants if you aren’t adding on to that ecosystem directly, it’s also harder for startups to get VC backing because they want to see ecosystem partnerships. This feels like forced inclusion to me. This is a prime example of centralization in a decentralized setting. I’m assuming the answer is no. Do you see how this is a bit of an issue? I think you can have centralization still in a decentralized design. We still haven’t accomplished much in the sense of democracy and centralization of wealth. We can do better if we remove private boardrooms and personal agendas from the equation completely. I propose you establish another foundation which isn’t network specific. I think we all trust you enough that no conflicts of interest would arise. Maybe I’m wrong, and you would anger some bagholders; I don’t know. Considering your role with Dogecoin, you may find interest in this proposal for DOGE as an interoperable payments coin across chains. More details on this in the link below. The idea is simple though: wDOGE for payment but disable staking for it. Native governance tokens are used for operational and staking economics. By using DOGE as the heterogeneous payment token, it would likely start to stabilize, providing a safer mechanism than a USD-pegged “stablecoin.” We add a confirmation delay to the DAO token to help holistically enforce niche behaviors that are token design specific this way. Similar to street lights at intersections. Similar to how when you pick up a fork and a knife, you instinctively cut your food with the knife and not the fork. By programming small quirks into the underlying programming of the tokens on a case-by-case basis, fine-tuning certain attributes like confirmation time delay on governance tokens, we can make things more intuitive, which can help with UX and adoption in a real-world setting.
Would love to hear your thoughts, as well as anyone else’s! Here is the link to the DOGE for CCPs proposal: Gov tokens, Memecoins: A dual token system for enhanced blockchain efficiency, stability, and adoption