Ethereum co-founder Vitalik Buterin has just announced a radical proposal to develop a set of metrics that can quantify projects in terms of their alignment with Ethereum’s core values. This goes all the way to working out the balance of decentralization and cooperation within the ecosystem.
In a blog post published Sept. 30, Buterin underscores that the multitude of projects across the Ethereum ecosystem into a consolidated vision. He said there is a need to create metrics that can measure “Ethereum alignment” objectively across different dimensions. These dimensions could include values, technology, or economics.
Buterin’s claim tends to make the concept of alignment less vague and more concrete by explicitly articulating a set of criteria. He pointed out those critical areas of consideration coming from open-source development. It is to show how important it was that the code was kept transparent and non-threatening.
Buterin also emphasized the adherence to open standards that guarantee interoperability, creating an environment of collaboration across the ecosystem. He accentuated decentralization for security, trying to reduce vulnerabilities in one central point and eliminate points of trust.
Above all, he wanted positive-sum contributions responsible for adding value to creators and projects and providing value to the greater community within and outside Ethereum.
Independent entities to track Ethereum alignment metrics
The Ethereum co-founder explained that those metrics could be provided by independent entities. It would be somewhat similar to the already existing platforms like L2beat. In such a way, the whole ecosystem would be more meritocratic. Projects would naturally compete by being better in accordance with clear and understandable criteria instead of social connections.
Buterin’s proposal is important for the ever-evolving Ethereum ecosystem that continues to grow. On a better concretization of the alignment score, the initiative could help at least guide further development and foster better cohesion in its community.
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