2026-04-17 Sexta

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Setting a 'Suicidal' Rule for Themselves: What Is the Ethereum Foundation Aiming For?

The Ethereum Foundation (EF) has released a new mission statement, "EF Mandate," outlining its core philosophy and operational principles. Its ultimate goal is to pass the "walkaway test"—ensuring the Ethereum network would continue to function perfectly even if the EF were to dissolve. The foundation defines its role as a guardian, not a ruler, and commits to a "subtraction philosophy," focusing only on essential tasks like core protocol development and long-term research that others in the ecosystem cannot or will not do. It explicitly states what it will not do: act as a kingmaker, rating agency, marketing firm, or encourage Ethereum's use as a "casino." A key framework is CROPS, an indivisible set of non-negotiable principles for all development: Censorship Resistance, Open Source, Privacy, and Security. The vision is to create a "digital sanctuary" for the next 1,000 years, protecting users from coercion by governments, corporations, or AI, and enabling self-sovereignty over data, identity, and assets. The document serves as a decision-making algorithm, prioritizing long-term, decentralized solutions over short-term convenience and user autonomy over paternalistic protection. However, it faces real-world challenges, including budget dependency on ETH's price and potential trade-offs between its idealistic CROPS principles and user demands for speed and low cost. Community reaction is mixed, with critics calling it ideologically rigid and out of touch with practical applications like stablecoins and RWA, while supporters see it as a necessary commitment to Ethereum's foundational values. Vitalik Buterin clarified that the mandate represents a direction the EF has been moving toward for months.

marsbit03/16 04:43

Setting a 'Suicidal' Rule for Themselves: What Is the Ethereum Foundation Aiming For?

marsbit03/16 04:43

Ethereum's "New Cypherpunk" Manifesto: A Return to the Narrative of Privacy

Ethereum's "New Cypherpunk" Manifesto: A Return to Privacy-Centric Narratives In recent years, the crypto industry has been largely dominated by financialization, with narratives centered on asset prices, liquidity, and institutional capital inflows. However, Ethereum's recent emphasis on a "privacy renaissance" and the "new cypherpunk" ethos signals a return to core values. The movement traces back to the 1990s cypherpunk culture, which advocated using cryptography to protect individual privacy, freedom, and censorship resistance in the digital realm. Bitcoin and Ethereum emerged from this ideology, but over time, financial speculation overshadowed these foundational principles. Ethereum’s "new cypherpunk" framework modernizes this ethos with the CROPS principles: Censorship Resistance, Open Source, Privacy, and Security. It also emphasizes permissionless access, trust minimization, and decentralized collaboration. Several factors make this shift timely: advances in zero-knowledge proofs (ZK) and Layer-2 networks enable practical privacy solutions; public blockchain transparency has raised concerns about data exposure; and the rise of on-chain identities necessitates privacy-preserving systems. Ethereum’s call reflects a broader potential shift in industry narrative—from financialization to privacy, digital sovereignty, and user-controlled data. This could redefine Web3 as a infrastructure that balances transparency with selective privacy, fulfilling the cypherpunk vision of a freer, more secure digital future.

marsbit03/16 04:26

Ethereum's "New Cypherpunk" Manifesto: A Return to the Narrative of Privacy

marsbit03/16 04:26

Daniil and David Liberman: AI is Not Just a Battle of Models, But a Battle of Computing Infrastructure

In the article "Daniil and David Liberman: AI Is Not Just a Battle of Models, but a Battle of Compute Infrastructure," the authors argue that the core of AI development is not just about algorithmic advances but control over computational resources. They emphasize that AI is not a neutral technology—who owns and governs the compute infrastructure ultimately determines who benefits from AI. Currently, advanced AI compute is highly concentrated among a few cloud providers and specific nations, creating a growing "compute divide." This centralization leads to high costs, limited access, and geographic imbalance. Decentralized alternatives, meanwhile, often waste resources on consensus mechanisms rather than meaningful computation. The authors propose a practical alternative: an infrastructure where most compute is used for actual AI work, governance is based on verified computational effort (not capital), and global GPU access is permissionless. They stress that infrastructure choices made today will have long-term economic and geopolitical consequences. For businesses, early reliance on centralized AI infrastructure creates lock-in effects that reduce strategic flexibility over time. The authors warn that waiting too long to explore decentralized options may make transition prohibitively difficult. They conclude that future generations must recognize that AI architecture is a deliberate design choice—not an inevitability—and that open, decentralized infrastructure is essential to preserving fairness, innovation, and freedom in the AI era.

marsbit03/16 03:19

Daniil and David Liberman: AI is Not Just a Battle of Models, But a Battle of Computing Infrastructure

marsbit03/16 03:19

U.S. Tax Collection Reaches Wallet Exchanges from 6 Years Ago? Four-Layer Breakdown of the IRS's New Form

The U.S. IRS has introduced a new audit form requiring taxpayers to disclose all digital asset platforms, wallets, and services used, including exchanges like Coinbase, Binance, and defunct entities like FTX, as well as self-custody wallets such as MetaMask and Ledger. This form, part of a broader tax enforcement strategy, mandates detailed account information and transaction history, with penalties for false declarations under perjury laws. This move is not sudden but results from years of regulatory evolution, starting with the 2017 John Doe subpoena to Coinbase, which compelled the exchange to share user data. The 2021 Infrastructure Investment and Jobs Act further classified crypto exchanges as "brokers," requiring them to report user data via Form 1099-DA starting in 2025. The IRS employs a four-layer data approach: exchange reports, traditional financial records, blockchain analysis, and audit questionnaires. While centralized exchanges remain key data sources due to KYC requirements, the focus may shift to on-chain protocols like Hyperliquid, where transactions are transparent but identity linkage is weaker. The IRS typically audits up to three years prior, extendable to six for significant underreporting. High-risk groups include those who reported minimal crypto activity despite acknowledging it, discrepancies in 1099-DA forms, and high-frequency traders during the 2017-2021 bull market. Tax professionals advise consulting experts before responding to audits. Globally, tax authorities like the UK's HMRC and Australia's ATO are also tightening crypto tax reporting, signaling a broader regulatory trend.

Odaily星球日报03/16 02:52

U.S. Tax Collection Reaches Wallet Exchanges from 6 Years Ago? Four-Layer Breakdown of the IRS's New Form

Odaily星球日报03/16 02:52

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