we've boosted this bounty with another $25 from our @farcaster_xyz CEF activation grant ⚡️ what's good for Ethereum is good for Farcaster 🤝

Danny Ryan on why Wall Street cares about Ethereum's decentralization Etherealize co-founder and a key architect behind Ethereum’s transition to proof-of-stake is asked if Wall Street institutions care about “decentralization.” “That’s not the right word,” Danny replies. “They care about counterparty risk.” He explains: “They care about — in a transaction or a particular market — who can screw me over? And if the infrastructure is decentralized, nobody can turn it off, and their transactions will execute as intended . . . [that’s an] elimination of counterparty risk. That’s the operative lens of how they view the world, and if you explain how these systems work to them — and the difference between Ethereum and alternatives — they’re like, ‘Oh yeah, we do love decentralization because we have risk models and this helps us on our risk model.’” Danny jokes: “I’ve been looking for a customer of decentralization other than the cypherpunks I hung out with for the past 8 years, and I found it on Wall Street.” As long as you speak the right language and frame it the right way, Ethereum’s decentralization is deeply important to Wall Street institutions.

We're proud to join the new Encrypt the Mempool Coalition! Alongside industry leaders, we're pushing to integrate an EIP to encrypt the mempool in Ethereum's I* Hardfork - to stop toxic MEV & real-time censorship in a decentralized & credibly neutral way. Join the coalition 👇

Ethereum should not require users to expose their intent before execution. The Interfold is joining the Encrypt the Mempool Coalition to support private, credibly neutral transaction infrastructure.