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ROLLUP: Genesis Bankruptcy | SEC Crypto Crackdown | Kevin Rose NFTs Hacked | Aptos Token | BAYC Sewer Pass

Bankless

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Navigating Ungovernance in Blockchain

This chapter delves into the challenges and implications of governance in the blockchain space, particularly emphasizing the Rye team's struggles with rigid structures. It explores the risks of centralized sponsorships and the evolving narrative around Ethereum's role in securing the internet ecosystem, introducing concepts like 'omni-dimensional staking' and 'proof of innocence.' The discussion also reflects on the importance of accountability within the crypto community and the potential for an industrial revolution driven by efficient resource management.

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