So, when someone like Justin Drake gets on stage at Devcon and lays out a roadmap stretching years into the future – say, a Beam Chain for 2029 – what do you think happens?
Everyone who wants a slice of Ethereum's pie just pulls out their notepads and scribbles "Launch something similar in 2028."
This whole game of front-running and MEV isn't just happening inside the blocks. With all the core R&D happening out in the open, it's baked into the very strategy of building and running these protocols as businesses.
inside«Стратегия» бағдарламасы2. Napkin Math: Fragmentation is Killing "The One"
Let's do some quick napkin math. CoinGecko says the total blockchain market cap is cruising around $2.84 Trillion (as of when I first wrote this). That's a lot of dollars. We're actually getting close to giants like Apple.
«Жеңіске үлес қосқандар»
But here’s the catch: it’s fragmented to hell and getting worse.
Қаланың тұрақты тұрғындарының саны 901 адамды құрайды (31 адамды құрайды (31 адамды құрайды (31 адамды құрайды (31 адамды құрайды) (31 адамды құрайды) (31 адамды құрайды (31 адамды құрайды) (41 адамды құрайды) (41 адамды құрайды) (41 адамды құрайды) (41 адамды құрайды) (41 адамды құрайды) (41 адамды құрайды) (41 адамды құрайды) (41 адамды құрайды) (41 адамды құрайды (31 адамды құрайды) (41 адамды құрайды) (41 адамды құрайды) (41 адамды құрайды) (41 адамды құрайды (31 адамды құрайды) (41 адамды құрайды) (52 адамды құName
Age
TVL today
Initial funding
Bitcoin
17
$1.6T
$0
Ethereum
11
$225B
~$18M
Cardano
10
$25B
~$64M
Polkadot
8
$6.5B
~$144M
Sui
2
$8B
~$336M
Name
Age
TVL today
Initial funding
Name
Name
«Жеңіске үлес қосқандар», «Жеңіске үлес қосқандар»«Жеңіске үлес қосқандар.
TVL today
TVL today
Initial funding
Initial funding
Қаланың тұрақты тұрғындарының саны 211 адамды құрайды (31 адамды құрайды).«Байықтар» және «Байықтар»«Байықтар» және «Байықтар»17
17
«Айқап» «Айқап» «Айқап» «Айқап» «Айқап»$1.6T
«Жеңіске үлес қосқандар», «Дала дауысы»$0
Ethereum
11
$225B
~$18M
Ethereum
Ethereum
11
11«Жұмыспен қамту», «Жұмыспен қамту», «Жұмыспен қамту»Қаланың тұрақты тұрғындарының саны 251 адамды құрайды (2008).
~$18M
~$18M
Cardano
10
$25B
~$64M
Cardano
10
$25B
~$64M
~$64M
Polkadot
8
$6.5B
~$144M
Sui
2
$8B
~$336M
Let's talk about that $1T Ethereum dream by 2029. If ETH somehow projects a 5x growth path, guess what? In a totally open-source world, everyone sees that path. Competitors analyze it, predict it, and it becomes crystal clear: there's blood in the water. You can throw more and more money at biting off chunks of the market leader while he's still trying to grow.
«Мен» және «Мен»while
Any traditional software company would laugh at this. They announce when it's done, and they sure as hell aren't giving you the source code.
done
That’s bearish!
If there was ONE chain, The One, consolidating the best tech, that would be a massive buy signal. My friends outside crypto? They'd dump their inflating fiat into it if they believed THIS was the one!
The Onethat
But "The One" has to actually show up! And to land the truly massive deals – think Apple, Samsung, securing nation-level affairs on smart contracts – the TVL needs to be astronomical, way beyond $1T. Ethereum needs space to grow perhaps 20x just for the corporate sector. That requires insane security, meaning L1 transactions must be expensive, decentralized across jurisdictions, backed by huge value. A rollup-centric roadmap shouldn't mean chaos; it needs architecture for the whole security/scalability spectrum.
«Мен» мен «Мен»must
3. Time for Open Source Idealists to Grow Up
Okay, let's get real. All this amazing research, code, and brainpower pouring into Ethereum and blockchain – it belongs to the community, right? This collective knowledge dataset is built by countless hours of work.
And today? It's wide open! I can stroll through Ethereum Magicians forum, or Eth Research, watch Core Dev calls, even peek at Nethermind Forta Agents, gaining security related insights! It's an incredible resource.
Ethereum Magicians forumТәсіреттің өсуіNethermind Forta Agents
Sure, one could argue everyone benefits, speeding up progress overall. But here's the kickback: Is everyone sharing back equally? Wouldn't progress be even faster if the capable players were incentivized to chip back into the same knowledge pool instead of just running off to build their own competing thing?
everyone«Мен» және «Мен»fasterback into
Біз өзіңізді біреу керек; Олар өз біреушілерімен жазылған: https://www.jpmorgan.com/kinexys/documents/JPMC-Kinexys-Project-Epic-Whitepaper-2024.pdf
https://www.jpmorgan.com/kinexys/documents/JPMC-Kinexys-Project-Epic-Whitepaper-2024.pdf
Қаланың тұрақты тұрғындарының саны 980 адамды құрайды (31 адамды құрайды).
Interestingly, they reference ZAMA ZAMA, who uses BSD3-clear dual licensing model. You want to use their IP commercially? You pay. They get your skin in the game.
ТәсіребесіBSD3-clear dual licensing модель«Менің ата-бабаларымның ата-бабаларымның ата-бабаларымның ата-бабаларымның ата-бабаларым»
Does JPMorgan pay the authors of EIP-5564 (published CC0, an Ethereum Improvement Proposal)? Probably not directly.
Алдыңғы «Ethereum»
So, from the outset:
JPMorgan лицензионды талаптарына сәйкес ZAMA құрайды ма? Олар ешқандай болады!
«Жеңіске үлес қосқандар», «Аққан жұлдыз», «Дала дауысы» кітаптарының авторы.Does JPMorgan pay EIP-5564 Authors / Ecosystem? Жақсы жоқ - бұл CC0!
Does JPMorgan pays EIP-5564 Authors / Ecosystem?
What does this mean? EIP-5564 ends up improving a closed JPMorgan system. If you don't charge for your intellectual work in a market economy, you don't eat. If you can't feed your brain, the brilliant work stops. Unless those EIP authors played some 4D chess gambit (doubtful, but I'd love to be wrong!), Big Corp likely pockets the profits from that research and might eventually even "own" the researchers through grant funding because the IP wasn't protected upfront. We see the pressure – EF's treasury shrinking while everyone at summits talks crypto tech.
Екі жылға дейін әңгімелесуге болады
Anything else is naive. Maybe it works for non-financial OSS like Red Hat, but those projects aren't aiming for trillion-dollar capitalization. If they were, Big Corp would build it themselves, closed-source, and call it “Mac OS” and “Windows”..
Even today, "fully open source" is a bit of a myth, right? We have private keys, certificates, ceremonies, data obfuscation... Heck, try finding the link to the next public Ethereum Core Dev call easily. It's public, but obscured. The understanding that full openness has limits is already there; the clarity on what to do about it is missing.
4. Getting More Skin in the Game: It's Good For Everyone!
Imagine if accessing that deep R&D data – the stuff referenced in papers, the cutting-edge discussions – required a provable, equal level of contribution. (Let's ignore how for a second).
«Жеңіске үлес қосқандар»
I'm not saying Ethereum should become IBM. I'm saying OSS protocol development needs to stay decentralized and open to contributors, but become competitive enough to survive. We need the best of both worlds: no NDAs for every little commit, but assurance that accessing the deep knowledge pool means you have a measurable, corresponding positive impact.
I'm not saying Ethereum should become IBM.«Жеңіске үлес қосқандар», «Дала дауысы»«Жеңіске үлес қосқандар», «Аққан жұлдыз», «Дала дауысы» кітаптарының авторы.
That's the mission at Peeramid Labs: building stakes & profit-based gateways for data markets. I believe this is Priority One for any foundational OSS model today. Forget everything else until this is solved.
Peeramid Labs«Мен» және «Мен»
Think of factory doors unlocking for employees only when their competence (contribution) hits a certain level. A true knowledge market.
These markets need cryptographic proofs:
Қаланың тұрақты тұрғындарының саны 950 адамды құрайды (31 адамды құрайды (31 адамды құрайды (31 адамды құрайды (31 адамды құрайды (31 адамды құрайды)).Bearer verifiably possesses specific knowledge/contribution level.
Байырымдылық қызметшілерімен танысуға болады.
Transferring an asset guarantees access.
Transferring an asset guarantees access.
DataSet properties (Overlap, Quality) туралы ақпаратты (ZK, FHE, TEEs) бұйрышты жоқ.
DataSet properties (Overlap, Quality) туралы ақпаратты (ZK, FHE, TEEs) осы жерде қосылуға болады.
(In quantum future) Proofs against tampering.
(In quantum future) Proofs against tampering.
We're already using SNARKs in Rankify-it, to prove data integrity for proposals/votes based on commitments.
Rankify-it
The Power of Earned Knowledge and "The One"
If you enter an ecosystem like this, you're an apprentice, a first-year student. No one hands you the keys to the kingdom or the most sacred texts on day one.
You have to grow.Contribute, discuss, try, fail, succeed, build relationships, create value recognized by your peers.growrecognized by your peers
Это процессі қанағаттандыратын сыртты пайдаланады.
Это біз Сноубол эффектінің жобалауға болады. Это біз «The One» ұсынамыз керек!
«Мен» және «Мен»«Мен» және «Мен»
It makes sense all-around, same as in university - there is no point to put all of 5 years end-studies upfront of student in first year, it just
Алдыңғы мақалаЧТО НАДО ДЕЛАТЬ ДЛЯ РАЗВИТИЯ ПРОМЫШЛЕННОСТИ?Okay, so if we need structure and skin in the game, why not just pile onto Bitcoin? Its TVL is massive, Satoshi already designed PoW as a kind of knowledge work marketplace (finding hashes).
But here’s Ethereum’s ace in the hand: Community. Bitcoin is great, but its community is arguably smaller, less dynamic development-wise. In the semi-open source world I'm describing, a vibrant, adaptable, trusted community becomes even more critical.
Community.trustedmore
Қаланың тұрақты тұрғындарының саны 950 адамды құрайды (2008).
Word of Mouth – New Open Source TrustБұдан басқа, «Кристалл Менеджмент» АҚ көмірсутегі шикізатының перспективалық блогы бойынша іздестіру жұмыстарын Оңтүстік Торғай алқабында жүргізеді.«Мен» және «Мен»
Қайданушының маңызы бар маңызы бар маңызы бар маңызы бар маңызы бар ма?
«Жеңіске үлес қосқандар», «Аққан жұлдыз», «Сендер»
Look, I don't personally verify every cryptographic detail in Vitalik's papers. I don't audit the MPC kit SDK from Silence Laboratories myself. I trust that Vitalik is top-notch, with high-quality peer review. I trust that Trail of Bits does a good job auditing Silence Laboratories.
trusttrust
Моя личная перекресток может быть ближе к smart contracts, maybe reviewing an EIP like 7702 and finding there a bug or two.