Vitalik Buterin insists that Ethereum developers should prioritize good social philosophy. He argues that social good is more crucial at the application layer than on the base layer, as applications should be designed to reflect positive societal values.
He references Railgun, Farcaster, Signal, and Polymarket as models of good social philosophy, contrasting them with FTX, Terra/Luna, and Pump.fun, which he deems as negative examples. Buterin stresses the developers’ intent shapes the essence of each application.
The Ethereum community appears divided on prioritizing cypherpunk values amidst declining ETH prices and performance issues, with current trading at 1,600 USD, down 52% year-to-date. Analysts suggest potential price recovery if key resistance levels are maintained.
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