Post

The thing I don't like most about cutting issuance discource is lack of positive vision for Ethereum validator set. Original design was not prescient enough, but has clear design goals: hundreds of thousands of individual stakers, running Ethereum all across the world. Status quo proponents also have a version of positive vision - e.g. Lido has built community staking, is decentralizing and geographically distributing validator set. We're successfully making a staking protocol that can bring Ethereum closer to original goals via opinionated, non-neutral decisions that base protocol can't adopt. Cutting is just "do it or it's going to get worse", no clear vision of good validator set we're solving for. They're given up on original vision, but don't want to clearly admit it and offer a new one.#EarningsRealityCheck #SpaceXBeatEstimates #AMDBeatsButDrops