Ethereum’s Savior or Just a Bunch of Hippies?

Ethereum‘s Savior or Just a Bunch of Hippies?”

Ethereum’s Savior or Just a Bunch of Hippies?

🌳 In a bizarre turn of events, the Ethereum Foundation (EF) has conjured up a mystical entity known as the Silviculture Society, a 15-member advisory council tasked with the sacred duty of defending the project’s core values. Because, you know, the fate of the world depends on it. 🌎

Vitalik Buterin, the messianic founder of Ethereum, claims this Society is an experimental effort to promote community governance. But let’s be real, it’s just a fancy way of saying “we’re trying to fix our leadership issues without actually fixing our leadership issues.” 🤦‍♂️

Can The Silviculture Society Save Ethereum from Itself?

As the Ethereum community continues to grapple with leadership turmoil, Aya Miyaguchi has been appointed as the Foundation’s next President. But don’t worry, she’s been practicing her “I’m in charge” face in the mirror for years. 💁‍♀️

Today, the EF announced its new advisory organ: the Silviculture Society. Because what every successful project needs is another committee. 🙄

“The EF Silviculture Society: a loose collection of individuals from outside the Foundation who provide informal counsel to the EF … to make sure we sustain the core values of open source, privacy, security and censorship resistance. Ethereum’s success depends on having talented and committed developers building with these values in mind,” it claimed. 🙏

The Silviculture Society consists of 15 members from a very diverse range of backgrounds. Some have fairly conventional public-facing careers, like Matthew Green, a cryptography professor at Johns Hopkins University, or Lefteris Karapetsas, founder of Rotki, a privacy protector. But let’s be real, the majority of them are just a bunch of pseudonymous hipsters who think they’re above the law. 😎

However, as one member noted, the Silviculture Society is not a governance council. Rather, it gives the EF “arm’s length feedback from the PoV of ecosystem participants.” Which is just a fancy way of saying “we’re going to tell you what you want to hear, but not actually do anything about it.” 🙅‍♂️

Ethereum Price in Free Fall, Fueling Criticism

While the EF has been embroiled in its leadership crisis, the price of Ethereum has been in dire straits. But hey, who needs a stable cryptocurrency when you can have a bunch of pseudonymous hipsters telling you what’s good for you? 🤷‍♂️

Ultimately, however, it doesn’t really matter if some of the community attacked EF leadership over price frustrations. Because let’s be real, the Silviculture Society is just a bunch of hippies trying to save the world one committee at a time. 🌈

Vitalik Buterin, founder of Ethereum, has already been actively defending the Silviculture Society from social media criticism. He called it “an experimental effort to create more channels for builders and other community voices to influence the EF,” and this initiative is focused on defending core values. But let’s be real, it’s just a bunch of marketing fluff. 📣

Read More

2025-02-28 21:33