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Cryptocurrency News Articles
Vitalik Buterin Proposes Metrics to Measure How ‘Aligned’ Projects Are With Ethereum Values
Sep 30, 2024 at 10:00 am
Buterin said there are already several “starting points,” such as how open-source a project is. He explained that open source means code can be inspected for security purposes
Ethereum co-founder Vitalik Buterin has proposed putting together a set of metrics to measure how “aligned” projects are with the protocol's core values.
In his latest blog post on Sept. 28, Buterin said achieving “Ethereum alignment” remains one of the most important social challenges in the Ethereum ecosystem.
But he acknowledged it’s a tough task given the vast array of client teams, application developers, researchers, and local communities, each trying to contribute to Ethereum in their own unique way.
“The challenge here is that there are many different dimensions to Ethereum alignment, and each can be expressed in multiple ways,” Buterin wrote.
Buterin said there are already several “starting points,” such as how open-source a project is.
He explained that open source means code can be inspected for security purposes, but it also reduces the risk of proprietary lock-in and allows third parties to make improvements.
“This is a multidimensional property, since there are several different aspects of a project that can (or cannot) be open-sourced,” Buterin noted.
Then, there's how interoperable a project is, with Buterin suggesting that applications and wallets could be rated by which ERCs they are compatible with.
“This is also a multidimensional property; an application can be ERC-20, ERC-721 and ERC-1155 compatible at the same time,” he explained.
Buterin also suggested that applications could be judged on their user experience, such as how easy it is to use a wallet or application, and whether it provides clear instructions for users.
Meanwhile, decentralization and security could also be measured by the “walkaway” and “insider attack” tests:
“If your team itself tries to attack the system, how much will break, and how much harm could you do,” he explained.
A project could also be judged on how positive it is for the Ethereum community or humanity — for example, improving financial inclusion and enabling new public funding mechanisms, he continued.
“This is also a multidimensional property; a project can be good for the community in several different ways at once,” Buterin remarked.
Buterin stressed how important it is for Ethereum to remain credibly neutral:
“The goal is not to create a system where there is one clear winner that gets all the attention and everyone else fails; it is to create a system where everyone can succeed in their own way, and where the overall ecosystem is strengthened by the diversity of its participants.”
In July, Ethereum community member Ryan Berckmans stressed to Cointelegraph how important it is for Ethereum builders to limit marketing — as it could create an environment where winners and losers emerge.
Related: Ethereum blob count is ‘uncomfortably close to a ceiling’ — Vitalik Buterin
Buterin is himself a highly influential voice in the Ethereum ecosystem. In a recent interview with Cointelegraph, Charles Hoskinson, founder of Cardano, remarked that Ethereum could be relying too heavily on Buterin for direction.
“Everybody looks to him for the roadmap. Everybody looks to him for inspiration, and he's also the only person who has enough power to rally people,” Hoskinson told Cointelegraph.
Magazine: Proposed change could save Ethereum from L2 ‘roadmap to hell’
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