The Interim Executive Director of the Etherwood Foundation said: What is our mission

Submitted by: Aerugo, Director ad interim of Joint Implementation

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Introduction

Vitalik recently wrote about the direction of the Ether Fountain Foundation (EF); Aya added a note explaining how we got to this point and why. I will write an article on the implementation process。

Now we are sufficiently clear on the question of “What is the use of the Etherwood Foundation?” to see it no longer as an open question. Our mission is clear: the Ethera Foundation exists to ensure that the Ethera is, and will be, a truly unlicensed infrastructure that guarantees autonomy: It can resist censorship (and data theft), be free and secure, and it can support the coordination of the preservation of sovereignty on a scale that has been indispensable in the past。

The following are some of the points I have derived from that mandate and some of the ideas that we have translated into action. But first of all, a brief review..

 

2. EF NON-APPLICABILITY

WE ARE NOT HERE TO PURSUE THE IMPORTANCE OF EF, CORPORATE/POLITICAL ATTRACTION OR THE POPULARITY OF ECOSYSTEMS. NOR ARE WE HERE TO PLEASE SHORT-TERM SPECULATORS, TO SUPPORT NEW SYSTEMS-CRITICAL FINANCIAL INSTITUTIONS THAT ARE “TOO BIG TO FAIL”, TO PROMOTE EVERY APPLICATION IN THE ETHER HOUSE, TO HELP ANYONE LOOK GLAMOROUS IN FRONT OF THEIR FRIENDS IN THE ENCRYPTED CURRENCY OR INVESTMENT COMMUNITY, OR TO PROVIDE ON-DEMAND ENTERTAINMENT SERVICES FOR DINNERS AND PRIVATE GATHERINGS。

 

3. ROLE OF EF: ADDRESSING WEAKNESSES

We are here to strengthen our defence against the places where the ETA has or may become extractive, comprehensive, or vulnerable to cartels or State control, or influenced by surveillance or instruments of coercion by authoritarian regimes。

We will take action on the basis of a comprehensive examination of the status and potential of the ETA at the protocol level (the functional “Ether Workshop”), at the visiting level (the part used by users to interact with the protocol), at the user level (the need and end users who will need it) and at the institutional level (the intermediate path for expanding autonomous use)。

THE EF IS INTENDED TO REINFORCE THE VARIOUS DIMENSIONS OF THE EF, INCLUDING THOSE THAT DO NOT REQUIRE PERMISSION IN THE FORM OF THE EF, BUT MAY ACTUALLY BE CONTROLLED. SOME OBVIOUS DIMENSIONS INCLUDE TRADING PIPELINES, PLEDGE AND NETWORK SECURITY, ACCESS-LEVEL STANDARDS AND INTERFACES, AUTONOMY NORMS, PRIVACY EXPECTATIONS, INSTITUTIONAL ADOPTION MODELS AND SOCIAL-LEVEL GOVERNANCE PROCESSES. THE MAIN PROBLEMS AT THESE LEVELS ARE ESSENTIALLY THE SAME: CAN THE STATUS QUO AND ITS FUTURE DIRECTION MINIMIZE TRUST DEPENDENCY, MINIMIZE AVAILABLE LOOPHOLES AND CONTROL CHANNELS, SET USER PRIVACY AS A DEFAULT OPTION, RETAIN EXIT MECHANISMS AND MAKE TRUST ASSUMPTIONS CLEAR AND UNDERSTANDABLE

THIS WORK BEGAN WITH THE ETHERDORF FOUNDATION ITSELF. WE ARE SHIFTING OUR REMUNERATION AND MAJOR FINANCIAL RELATIONS TO THE ETH AND THE REQUIRED UTENSILS, UNLESS EXCEPTIONS ARE REQUIRED BY LAW OR UNAVOIDABLE OPERATIONAL RESTRICTIONS. IT IS NOT A MERE RITUAL OR A PERSONAL RISK OF BEING UNREGULATED, BUT RATHER ROBUST, CONSISTENT AND PRODUCT PRESSURES。

If the goal of the Taifeng Foundation is to enable the Taifeng to serve as an infrastructure for self-sovereign sovereignty, each and every member of the Foundation will increasingly be bound by the systems that the Foundation aims to improve: wallet user experience, volatility, accounting, privacy loopholes, payment friction, stable currency trust assumptions, recovery, reliance on risk, etc. If we cannot use these tools ourselves, we cannot expect others to use them. The Ether Workshop has matured; those who do not rely on a user-oriented low-level technology warehouse have no right at any level to attempt to shape its future。

NEXT IS THE TRADE PROCESS. PREVENTING HARMFUL MEV CAPTURE IS A CORE WORK OF THE TAICHA, NOT A SECONDARY MARKET STRUCTURE PROBLEM. THE SUPPLY, SEQUENCING, INCLUSION, BLOCK CONSTRUCTION, DISSEMINATION AND SETTLEMENT OF TRANSACTIONS ARE ALL PART OF THE NEUTRAL BOUNDARY OF THE TAIFANG. SOME MEVS MAY PERSIST AS CONFRONTATIONAL PHENOMENA INCLUDED IN THE AGREEMENT, BUT MUST BE MINIMIZED. TO ACHIEVE THAT, WE MUST GUARD AGAINST UNDUE INFLUENCE ON ITS BENEFICIARIES。

IF CREDIBLE AND NEUTRAL ENFORCEMENT OF PRIVILEGED ORDER STREAMS, MONOPOLY BUILDERS, CREDIBLE RELAYS, NON-TRANSPARENT ROUTES OR THE OUTSOURCING OF A NARROW SUPPLY CHAIN BY A CERTIFIER ARE DESTROYED, THE SURFACE OF THE TAIFAH DOES NOT APPEAR TO REQUIRE A PERMIT, BUT USERS FEEL LIKE INTERMEDIARIES WHEN VALUE FLOWS. ACCORDINGLY, THE EF AGREEMENT WILL FOCUS ON LOWERING THE THRESHOLD FOR THE CONSTRUCTION AND VALIDATION OF BLOCKS, STRENGTHENING THE COVERAGE OF BLOCKS, REDUCING THE LACK OF TRANSPARENCY IN EXTRACTION, BUILDING COMPETITIVE TRADING CHANNELS, IMPROVING USER UNDERSTANDING OF TRUST ASSUMPTIONS AND MORE ACTIVE EXPLORATION OF OPEN ORDER STREAM SOLUTIONS。

It's not easy. Effective solutions in one place may exacerbate problems elsewhere. FOCIL facilitates censorship, but it may introduce more MEVs across blocks. While ePBS addresses the issue of repeater trust, we must ensure that its implementation does not inadvertently hinder long-term solutions to larger problems. For example, it would be unacceptable for ePBS to strengthen the builder ' s economy to eventually make it more difficult to reduce reliance on private order flows that have depleted public memory pools. Encrypted memory pools may not only reduce pre-implementation transparency and the visibility of pending order flows, but may also shift competitive advantages to new privileged participants, including professional hardware operators in some designs, while increasing the complexity of the agreement。

In order to avoid wasting time playing the game, we must commit ourselves to addressing resource plundering at the systemic level. This requires creativity, courage and an unacceptable awareness of the failure to address the problem. If we fail, we will not only leave unnecessary obstacles to the adoption of institutions, but, more importantly, we will also give up the core commitment to replace predatory intermediaries with unlicensed, credible and neutral infrastructure and competitive markets. That must not happen。

MEV IS LIKELY TO BE THE NEXT MAJOR BATTLEFIELD IN THE CODE PUNK WAR. WE MUST BE FULLY PREPARED TO SUCCEED HERE。

Privacy is essential. A public account without strict privacy defaults is in fact a monitoring platform with security of settlement. This is by no means the end state of the world's computers. It will provide unconditional privacy protection on the basis of which it can be programmed for selective disclosure, certification, auditing, compliance logic, reputation, governance, identity and other constraints selected by users and their communities. Timing is essential: unconditional privacy must exist first, and the opt-in constraint will arise later。

IT IS ALSO IMPORTANT TO AVOID FORCING USERS TO CREATE A VULNERABLE COMBINATION OF SPECIAL WALLETS, RPCS, BRIDGE CONNECTORS, APPLICATIONS, COMPLIANCE PROVIDERS AND OPERATING HABITS IN ORDER TO ACHIEVE PRIVACY. DEEP PRIVACY MUST BE SAFER THAN THAT. PRIVACY IS A SINE QUA NON FOR THE SURVIVAL OF THE TAICHA AS A HARMONIOUS INFRASTRUCTURE THAT RESPECTS FREEDOM AND MUST THEREFORE BE STRONG ENOUGH。

The pledge must be regarded as an agreed infrastructure risk. A pledge is not just a product of proceeds, but a pledge of a fluid nature is not just an application-level market. If pledge, liquidity, access to the certifier, DeFi collateral and governance influence are concentrated in the hands of a small number of issuers or operators, the safe layer of the Etherfrog will be vulnerable because the economic layer surrounding it will be controlled. EF will support research, regulation and design to ensure that the pledge is not subject to licensing, is as private and diversified as possible and prevents intermediaries from becoming permanent control points。

ACCESS INTERFACES ARE PLACES WHERE USERS HAVE ACCESS TO PROTOCOLS DIRECTLY OR VIA INTERMEDIATE DEFAULT INTERFACES. THE MAIN PROBLEM THAT NEEDS TO BE ADDRESSED HERE IS NOT HOW TO GET THE ETA DIRECTLY INTO MORE AREAS, BUT HOW TO MAKE ITS USERS (INCLUDING END USERS AND INSTITUTIONS) MORE AUTONOMOUS AND LESS VULNERABLE TO COERCION AND TO AVOID THE NORMALIZATION OF SOFT COERCION IN ORDER TO EXPAND COVERAGE. EF WILL NOT INCREASE ITS ACCEPTANCE BY WEAKENING ITS UNIQUE VALUE. IT DOES NOT NEED TO BE ANOTHER LICENSED BACKEND WITH A BETTER BRAND IMAGE. IT NEEDS TO DEMONSTRATE IN THE PRODUCTION ENVIRONMENT THAT LARGE-SCALE AUTONOMOUS COORDINATION IS FEASIBLE。

IN THE AREA OF ETHERWOOD, EF ' S DEFENCE EFFORTS ARE DESIGNED TO ENSURE THAT THE ETHERAK INFRASTRUCTURE REMAINS ACCESSIBLE TO USERS IN SITUATIONS OF COUNTERPARTIES DEFAULT, PLATFORM REVIEWS, EXCESSIVE GOVERNMENT INTERVENTION, MISAPPROPRIATION OF FUNDS BY INTERMEDIARIES AND DIFFICULTIES IN DEALING WITH COORDINATION ISSUES. AT ITS CORE IS ENSURING THAT THE INFRASTRUCTURE IS SAFE AND SECURE AT EVERY LEVEL AGAINST ANY POSSIBLE ATTACK。

 

4. ANOTHER USE OF EF: SEIZING OPPORTUNITIES

The foundations are not enough. The potential of the Taifei has not been fully realized, but that does not mean that the road ahead will be smooth. Opportunities must be seized at the right time. Currently, a number of opportunities have emerged, including:

:: Ethera will be the first global infrastructure to withstand quantum attacks. ETA researchers will lead the migration of post-quanal encryption before the threat of quantum is imminent, rather than wait until it turns into a governance crisis. This means strengthening the encryption base of the Taifeng while there is still time to elaborate it. This applies equally to other long-term risks, and waiting for market demand means missing the best opportunity for principled design。

:: FROM THE BEGINNING TO THE END, WHETHER LOCALLY OR REMOTELY, FULLY AUTONOMOUS AND VERIFIABLE COMPTOIRS, WITH NO GAPS IN REVIEW OR DATA EXTRACTION: BROWSERS, WALLETS, INTENT, BROADCASTING, ORDER FLOW, INCLUSION, BLOCK CONSTRUCTION, PROPOSALS, CERTIFICATION, EXIT AND RESTORATION. MINIMISES THE MEV (MAXIMUM PERMISSIBLE VALUE) AND THERE IS NO HARMFUL MEV EMBEDDED EITHER WITHIN OR AROUND THE PROTOCOL. THERE IS NO EXECUTIVE LAYER THAT FORMALLY DOES NOT NEED PERMISSION BUT IS EFFECTIVELY CONTROLLED BY A PRIVILEGED SUPPLY CHAIN. THERE ARE OTHER OPTIONS TO MAINTAIN THE OPERATION OF THE AGREEMENT IF CHANNELS TO THE EXTRACTION PRIVATE CHANNEL EXIST. OUR GOAL IS NOT ONLY TO PREVENT DATA EXTRACTION OR CAPTURE, BUT ALSO TO MAKE CREDIBLE NEUTRAL IMPLEMENTATION COMPETITIVE ENOUGH TO ATTRACT SERIOUS USERS。

:: Digital cash will be made common in the Taifeng: a private, respectful, anti-depreciation, anti-surveillance trading and value storage medium, as well as a natural asset of human beings and their agents for private calculations and privacy coordination. It will release enormous value if it allows for private economic life and private institutional life without the need for users to relive the frictions and potential abuses brought about by the hosting institutions, monitoring licensed books with a softer profile of suppliers or brands, and providing a platform for a secure and competitive machine economy。

:: USERS MAY OWN AND OPERATE INDIVIDUAL WALLETS ON THEIR OWN PERSONAL COMPUTERS, WHICH CONTAIN USER-SPECIFIC AI AGENTS. KEYS DON'T BELONG TO YOU, TOKENS DON'T BELONG TO YOU; MODELS DON'T BELONG TO YOU, YOUR MIND DOESN'T BELONG TO YOU. AS AGENTS BECOME INTERFACES FOR MORE ECONOMIC AND SOCIAL ACTIVITIES, THE QUESTION OF WHO HAS WALLETS, MODELS, MEMORY, STRATEGY AND SIGNATURE PRIVILEGES IS NO LONGER A USER EXPERIENCE DETAIL, BUT A FUNDAMENTAL QUESTION OF SOVEREIGNTY -- - WE ARE ALL USERS FIRST, AND OTHERS, AND EVERYONE IN THE EF REMEMBERS THAT。

:: In the context of institutional and business applications, the advantage of the Taifung is that it will not disappear at the back end of the invisible, will not be held hostage by intermediaries, will not provide bad user experience, and will not be reduced to a compliance technology platform under the banner of Web3. Instead, we will win by proving that a credible, neutral infrastructure can handle de-intermediated coordination in a highly competitive manner, forcing trusted intermediaries to accept the ETA clause。

:: SECURITY EXTENSION. THE L2 LAYER AND RELATED INFRASTRUCTURE CAN MEET INSTITUTIONAL-LEVEL NEEDS WHILE AVOIDING RELIANCE ON A BOARD OF UPGRADING THAT CLOSES DOWN OPERATORS, UNTRANSPARENT PROCESSES, HOSTING USER EXPERIENCE OR WHERE USERS CANNOT TRULY EXIT. EXPANSION DOES NOT MEAN SIMPLY THROUGHPUT, BUT RATHER ENSURING THE AVAILABILITY OF AUTONOMY UNDER THE ACTUAL LOAD。

We are ensuring that the ETA remains the strongest foundation for local and global settlement; not only is it a civilized book and implementation platform that can stand the test of time. When future civilizations speak of the infrastructure they inherited from the ancient information age, the ETA should be their first example。

The Ether House will live longer than all of us. This is clear to many who are concerned. Many may not believe it, but it is. If you don't believe or don't understand, we don't have time to try to convince you. I'm sorry。

 

5. Processing separations

 

BEFORE AND AFTER THE ISSUANCE OF THE NEW RULES, THERE WERE NUMEROUS ONLINE SPECULATIONS ABOUT STAFF SEPARATIONS. SOME RESIGNED AND OTHERS WERE DISMISSED. THE REASONS FOR SEPARATION WERE EITHER STRATEGIC OR INCONSISTENT WITH JOB MATCHING OR NORMAL INSTITUTIONAL ADJUSTMENTS, WHILE OTHERS SIMPLY FELT THAT THEY WERE BETTER SUITED TO CONTRIBUTE TO THE HAWKS ELSEWHERE. WE WILL NOT DISCUSS PERSONAL MATTERS ON TWITTER. IT'S OUR DEFAULT, BECAUSE IT'S GOOD FOR EF, FOR THE PEOPLE INVOLVED, FOR THE ETHER HOUSE ITSELF. ALL THOSE WHO CONTRIBUTED TO THE EF SHOULD BE RESPECTED WHEN THEY LEFT. THEY SHOULD NOT ALLOW THEIR WORK EXPERIENCE TO BECOME A SOURCE OF FACTIONAL STRIFE。

WHERE CONDITIONS PERMIT, WE ALLOW STAFF TO DESCRIBE THE REASONS FOR SEPARATION IN THEIR OWN LANGUAGE, OUT OF COURTESY RATHER THAN COMPROMISE. IF PUBLIC STATEMENTS SERIOUSLY MISLEAD PUBLIC UNDERSTANDING OF THE EF ' S DIRECTION, DECISION-MAKING OR RESPONSIBILITIES, WE MAY MAKE CORRECTIONS AT THE POLICY, PROCESS AND INSTITUTIONAL LEVELS. BUT WE WILL NEVER MAKE THE PERSONAL FILES PUBLIC。

The Ether is not required. One can hold different opinions, criticize, compete, split and develop elsewhere. We are committed to maintaining a decent exit from the project and hope that others will do so. We sincerely thank all the contributors for what they have created; we will continue to carry forward the work required for the Ether Workshop。

 

6. ADDRESSING EF DERIVATIVES

IN THE COMING MONTHS, PART OF THE WORK WILL NO LONGER BE DONE BY EF. IT IS OUR HOPE AND EXPECTATION THAT THIS PROCESS WILL LEAD TO SOME PRODUCTIVE WORK THAT WILL EXPAND THE REACH OF SELF-LEARNING. BUT WE MUST ALSO BE CAREFUL NOT TO EVOLVE INTO AN ABERRATION OF RESPONSIBILITY OR AN EXCUSE FOR WANTON WASTE. SOME OF THE WORK IS NOT CONSISTENT WITH THE AIMS OF THE FOUNDATION AND SHOULD NOT CONTINUE WITH THE USE OR APPROVAL OF EF FUNDS, EITHER WITHIN OR OUTSIDE THE FOUNDATION。

THE WORK DONE BY DERIVATIVE COMPANIES WILL VARY GREATLY. SOME COMPANIES LEFT EF BECAUSE OTHER INSTITUTIONS WERE BETTER SUITED TO THEM; OTHERS LEFT BECAUSE THE MARKET SHOULD DETERMINE THEIR VALUE; SOME LEFT BECAUSE THEY WERE NOT IN LINE WITH THE DIRECTION SET OUT IN THEIR STATUTES; AND OTHERS LEFT BECAUSE THEY WERE USEFUL BUT NOT SUITABLE FOR EF WORK。

JUST AS DERIVATIVE COMPANIES WOULD NOT NECESSARILY BE BETTER OFF BY REDUCING THE NUMBER OF EF EMPLOYEES, THEY WOULD NOT BE ENTITLED TO EF SUPPORT. IN DECIDING WHETHER TO FUND, THE QUESTION IS NOT “IS THIS MONEY COMING FROM EF?” BUT SHOULD ALL EXTERNAL FUNDING:

“IS THIS ESSENTIAL? IF THE ETA FOUNDATION HAD SUFFICIENT ORGANIZATIONAL AND FINANCIAL RESOURCES, WOULD IT DO SO ON ITS OWN? IS THERE A MORE APPROPRIATE ALTERNATIVE? CAN EXTERNAL INSTITUTIONS DO THIS WITHOUT INCREASING THE RISK OF CAPTURE, PRIVATIZATION GAINS, OPACITY OR DEPENDENCE? WILL SUPPORTING THIS WORK GRADUALLY REDUCE THE RELIANCE ON THE ETA ON THE ETA FOUNDATION WITHOUT A PREMATURE TRANSFER OF RESOURCES AND LEGITIMACY TO THE NEW ORGANIZATION, THEREBY AVOIDING OPERATIONAL FAILURE OR MISSION DEVIATION?”

EF MAY BE APPROPRIATE TO FINANCE EXTERNAL WORK WHEN IT IS A CAPACITY SOLUTION FOR MANDATED WORK — WORK THAT EF SHOULD BE RESPONSIBLE FOR; WORK TO PROTECT CROPS; WORK TO ADVANCE AND EXPAND OWNERSHIP; IMPORTANT WORK THAT NO ACTOR CAN OR DOES NOT WISH TO DO RELIABLY WITHOUT EF FUNDS; AND WORK TO DEFINE SCOPE, REVIEW AND ACCOUNTABILITY WITHOUT CREATING PERMANENT DEPENDENCY。

Such funds would not be appropriate if they were intended to continue the project in an ostensible manner, to maintain friendship, to preserve reputation, to avoid difficult decisions, or to support work that was incompatible with the objectives of the project。

EF HAS LIMITED FUNDS, LEGITIMACY AND MISSION. WE WILL TAKE THOSE THREE SERIOUSLY AND ENSURE THAT THEY PLAY THEIR RIGHTFUL ROLE. WHEN WE SAY “EF IS ONE OF THE MANY NODES”, WE MEAN THAT WE ARE COMMITTED TO BECOMING ONE OF THE MANY NODES THAT TOGETHER PRESERVE AUTONOMY AND ITS EXPANSION AND WORK TO ENSURE THAT CROPS IS AN INDISPENSABLE PRIORITY IN THE NETWORK. THIS DOES NOT MEAN THAT WE WILL SUPPORT ORGANIZATIONS OR PROJECTS WITH DIFFERENT PRIORITIES. DIVERSITY THAT ENHANCES ECOSYSTEM RESILIENCE, RATIONALLY CONTROLS COORDINATION COSTS AND PROMOTES BETTER DECISION-MAKING IS GOOD, BUT IT DOES NOT LEAD TO MISSION DEVIATION FROM DIVERSITY。

WE ARE NOT NEUTRAL IN THE DIRECTION OF THE DEVELOPMENT OF THE TAICHA. THE CROP IS NOT JUST SOMETHING THAT WE “BELIEVE”, BUT IT IS ALSO SOMETHING THAT WE KNOW MUST BE CAREFULLY CONSIDERED AND PRIORITIZED AT EVERY SPLIT IN THE ETA, SO THAT IT CAN REACH ITS FULL POTENTIAL. WE ARE COMMITTED TO BUILDING AN EXCEPTIONALLY NEUTRAL SYSTEM THAT WILL FUNDAMENTALLY RESHAPE THE WORLD IN WHICH WE LIVE; WE WANT TO WORK WITH ALL THOSE WHO ARE COMMITTED TO THAT COMMON GOAL。