Trent Van Epps argues Ethereum should be viewed as a sovereign protocol polity rather than open-source software, requiring aggressive founding-period investment in shared infrastructure

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$30M a year for core protocol work is 8 bps of DeFiLlama's $37.4B Ethereum mainnet TVL. A donor base dominated by L2s, CEXs, and stablecoin issuers buys capacity but imports sponsor-politics into core dev, the thing Protocol Guild has been trying to route around while distributing nearly $40M over roughly four years.

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Trent Van Epps argues Ethereum should be viewed as a sovereign protocol polity rather than open-source software, requiring aggressive founding-period investment in shared infrastructure

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Trent Van Epps argues Ethereum should be viewed as a sovereign protocol polity rather than open-source software, requiring aggressive founding-period investment in shared infrastructure

Explore the topic

More on Infrastructure

Wintermute Ventures says prediction markets have outgrown existing infrastructure, backing Pascal's $9M Series A to build a faster, lower-fee trading platform for professionals

Anton Bukov, co-founder of 1inch, reflects on building the first DEX aggregator and Dutch-auction system, now launches new infrastructure startup Second Tier

iAltA launches Interro to fix a $30 trillion infrastructure gap in private market money movement

JPMorgan completes tokenized equity conversion using Invesco's QQQ Trust with DTCC infrastructure, showcasing real-world tokenization within traditional capital markets

Chainlink highlights partnerships with governments and central banks worldwide, powering tokenized assets, CBDCs and onchain financial infrastructure across major markets

Boundless expands its 4,000-GPU decentralized network from zero-knowledge proving to AI inference, repurposing crypto infrastructure for distributed compute

Wintermute Ventures says prediction markets have outgrown existing infrastructure, backing Pascal's $9M Series A to build a faster, lower-fee trading platform for professionals

Anton Bukov, co-founder of 1inch, reflects on building the first DEX aggregator and Dutch-auction system, now launches new infrastructure startup Second Tier

iAltA launches Interro to fix a $30 trillion infrastructure gap in private market money movement

JPMorgan completes tokenized equity conversion using Invesco's QQQ Trust with DTCC infrastructure, showcasing real-world tokenization within traditional capital markets

Chainlink highlights partnerships with governments and central banks worldwide, powering tokenized assets, CBDCs and onchain financial infrastructure across major markets

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