Now imagine being in this space for over a decade and still refusing to bet on that kind of once-in-a-generation researcher/builder/founder.
IMO, Vitalik's greatest contribution to this industry is the the kind of people he attracted to the early and now present-day Ethereum builder community.
It doesn't always work out this way either, plenty of others who are remarkable people have burned out or their mission failed for whatever reason but jfc with all that we know now, how in the world can anyone still choose to not bet on Ethereum?
The founder is Vitalik.
The blockchain is Ethereum.
The ticker is $ETH.
There’s so much gold in going back and rereading Vitalik’s older essays.
He’s arguably one of the most valuable R&D resources for founders over the past decade. I’m not saying every crypto primitive came directly from his research, there were many researchers exploring similar ideas but Vitalik documented them early and often years before they were built.
Most of these concepts were written about as early as 2014, and it’s crazy how many have since become foundational to crypto. There are still a bunch more ideas that haven’t been fully explored or built out.
Here’s a quick list with associated articles:
Ideas That Worked:
1. 2014 – “An Introduction to Futarchy” -> Prediction Markets
2. 2014 – “The Search for a Stable Cryptocurrency”
3. 2014 – “DAOs Are Not Corporations” → DAOs with Humans
4. 2016 – “Let’s Run On-Chain Decentralized Exchanges”
5. 2014 – Identity and Reputation Systems
6. 2021 – “An Approximate Introduction to How zk-SNARKs Are Possible” → Privacy
7. 2021 – “Social Recovery Wallets” → Account Abstraction / Smart Wallets
Ideas That Somewhat Worked or Haven’t Yet Gone Mainstream:
1. 2013 – “DAOs, DACs, DAs and More: An Incomplete Terminology Guide” → DAOs with Bots (Fully Autonomous Governance)
2. 2014 – “An Introduction to Futarchy” → Prediction Market Governance (Still Experimental)
3. 2018 – “On Radical Markets” → Token-Curated Registries & Partial Common Ownership (Limited Adoption)
4. 2018 – “Quadratic Funding / Public Goods Finance” → Adopted but Not Yet Mainstream
4. 2018 – “Harberger Taxes: A New Way to Own Everything” → Partial Common Ownership Models (Still Unexplored)
What are some others that are missing?
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