Bankless Vitalik Buterin - Green Pill #1
Feb 17, 2022
Vitalik Buterin, the visionary founder of Ethereum, discusses key topics in crypto economics and community values. He delves into quadratic funding, emphasizing its role in supporting public goods and the challenges Gitcoin faces. The episode explores the impact of civil resistance on governance, and how innovative funding mechanisms, including NFTs, can enhance inclusivity. Vitalik shares his insights on fostering a decentralized community that values contributions while navigating complex public goods solutions. A compelling take on the future of crypto!
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Quadratic Funding's Emergence
- Quadratic funding adapts quadratic voting to public goods, letting anyone create or contribute to a project.
- This emergent system bypasses fixed issues, empowering broader participation.
Quadratic Funding Evolution
- Pairwise bounded quadratic funding improves resistance to collusion and attacker influence.
- Future iterations might refine diverse support identification and negative voting mechanisms.
Vitalik's Green Pill Moment
- Vitalik Buterin's interest in public goods stems from observing underfunding in crypto and the rise of centralized substitutes for open-source software.
- This led him to explore DAOs and decentralized governance, recognizing public goods funding as a key governance challenge.
