While I believe that community, governance, grants, reinvention, monoliths are important, but for sustainability, growth, health, there are other more important factors that needs attention. Is it possible to:
- Can they create value beyond the current practices
I’ll assert that while the things on the right are important, those on the left are more important.
Value before Community
Coordination Games over Governance
Self-sustainability over Grants
Renovation over Reinvention
Modules over Monoliths
Looking forward to your views.
Arbitrum is a type of technology known as an optimistic rollup. (CoinMarketCap)
Optimistic rollups are layer 2 (L2) protocols designed to extend the throughput of Ethereum’s base layer. They reduce computation on the main Ethereum chain by processing transactions “off-chain”, offering significant improvements in processing speeds. Unlike other scaling solutions, such as sidechains, optimistic rollups derive security from Mainnet by publishing transaction results “on-chain”, or plasma chains, which also verify transactions on Ethereum with fraud proofs, but store transaction data elsewhere. (ethereum.org)
So it sounds like a Decentralized CBDC, or a DBDC (Decentralized Bank Digital Currency). Is that where your interest are?
decentralized centralization meaning the people have the power not one anything