A long article but I wanted to emphasize an important point.

Ethereum became trapped and centralized because of the success of stablecoins on their network. The bankers behind the stablecoins were able to dictate the software of the chain.

This is another example of unanticipated consequences. Did those devs realize that tokens on ethereum might end up controlling the network?

Even when a protocol change is technically safe, it can still have side effects that can undermine the decentralization of the network. nostr:note1ulyal0skyneukusrj9kzhsyatx0l7lr8qu6jcdhq6ehezcpwz7cqj4lzqj

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