Sarah Drinkwater
@sarahdrinkwater
Knowledge beachcomber interested in the ownership economy, flourishing communities, ecosystem building, magic, and knowledge as an end to itself.
Sarah Drinkwater
Why does it matter? Everything is falling apart. Terra collapsed largely thanks to its token design. Projects that attracted millions or billions of dollars with the promise of absurd APYs are learning the truth of the old adage, “Easy come, easy go.” The regulators are coming. Tokens that were worth a lot of fiat a couple weeks ago are worth a lot... See more
Packy McCormick • Designing Token Economies
The innovators in this report say yes, not just possible, but necessary. They speak to millennials asfriends, offering positive and practical advice through clean and personable websites. They encouragean ethos of care for self and others and a mindset of abundance. They argue, explicitly or implicitly, thateach person is a change maker with the... See more
Casper ter Kuile • How we gather
Cypherpunks Write Code
youtube.com
The first and largest “user” of a Web3 platform — defined as a software service running on an open blockchain (and often called a “protocol” in Web3 parlance) — is usually the product team that built the underlying platform. Web3 teams building these platforms are wise to build the first product on top and give it away for “free,” as a commodity,... See more
Jesse Walden • Product vs. Protocol: Finding a Balance in Web3 – Variant
How to run a small social network site for your friends
runyourown.social
ReFi seems hippie, but it isn’t anti-growth or anti-progress. It’s for a new financial model that includes and regenerates people as individuals with unique talents, communities as economic hubs, and the health and biodiversity of global ecosystems. Its participants want to accelerate the development of new, planet-positive technologies through... See more
Packy McCormick • Celo: Building a Regenerative Economy
Open Source Software and Collective ownership, Coops, and User Owned Platforms
I would argue that this is roughly the state of "open source" today. It is the modern software developer’s marmelade, with the OSI as our Konfitürenverordnung, continuing to aggressively enforce a phrase that has since evolved in the popular vernacular.
"open source" is not the logical negation of "closed source"
Open source is a development methodology; free software is a social movement.
Now that Open Source is heavily depended on by nearly every commercial company, we’re running into sustainability and maintainability problems. These are problems that really didn’t exist at scale before. A very famous recent example of this is the XZ Utils backdoor exploit, where an open source maintainer accepted a subtle but significant compromise from a bad actor, partially due to burnout and harassment of the maintainer.
However, I see this in nearly every maintainer that I talk to. It’s almost impossible to make money by writing and maintaining Open Source software, due to several factors. Everyone wants and expects free shit, and nobody feels that they need to support the people making this all possible.
The strange new truth is that most open source developers and maintainers are now patronized by large corporations.
What would be more ideal is to have not one company paying each developer, which is subject to the whims of corporate KPIs and management changes, but instead to have thousands of companies pay a very small amount to professional maintainers.
The main problem is that there is no good way to do this currently. There is little to no incentive for companies to do this and there are few ways to aggregate and disperse such funding.
The second growing problem in the Open Source ecosystem is the problem of the new generation of Commercial Open Source.
Developers have now been growing up for decades loving Open Source and open communities, and when they start companies and projects, by default they want them to be open. However, there are corporate sustainability issues with Open Source, just as there are with individual maintainer. Somewhat ironically, The Man is now using Open Source licenses to stick it to the developer!