Ethereum isn’t chasing 5.3% yield, Vitalik says – but the outage risk is over 5× bigger than regulation shocks
Ethereum was not created to make finance efficient or apps convenient. It was designed to set people free. That line from the Trustless Manifesto drew criticism when it was published, and Vitalik Buterin repeated it on Jan. 5. The argument: Ethereum’s mission differs fundamentally from the efficiency game DeFi protocols compete in. The goal is...
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