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Introduction

I'm Ademola, and I'll be joining the EPF in a permissionless manner. This document will outline my thought process and research made since I first found out about the fellowship and decided to participate a few days ago.

Ethereum Research

I knew I first had to learn specifics about the Ethereum protocol, and so I examined a few resources gotten from a combination of the kick-off call, the fellowship github repository, and some google searches. Those resources include:

I also took note of some other resources for use as references in solving whatever problem I pick up during the course of this program:

The search for a suitable project

I think the biggest impact I can make in this program is one that's related to networking; Therefore, most of my search has been biased towards that. I hope to go into my current options in more technical detail in my next update, specifying why I chose them, but for now here's a list of the projects I'm seriously considering and the reasons for their appeal.

  • Reth stands out to me because of its neat codebase structure and interesting networking code. A potential blocker is whether or not it has problems on a large enough scope to qualify as an EPF project submission. That's an area of research I'm yet to cover.

  • The REST wrapper over JSON-RPC was an interesting one. However it remains to be seen if that's a viable one because of my late resumption, as that seems to be sorted out according to this thread.

  • The lighthouse project which was intimidating at first because it covers areas I know next to nothing about, but seems to have a lot of interesting issues I can work towards solving.

  • The suggested projects by @RalexStokes also seem appealing because they seemingly have a lot of scope for improvements.

While the above were pretty vague, I hope to do more research to help narrow down which of the above is a suitable fit, or find another area of interest from which I can contribute to the Ethereum ecosystem.

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FUTARCHY IN ACTION

The failings of the current standard methods of governance in the world's political and corporate institutions are well known in the blockchain world, and have resulted in the advent of the DAO(decentralized autonomous organization). It is widely believed that the governance structures of today's society are failing to solve the problems of the commons, and remain outdated despite rapid advancements in information technology that are well-suited to enhance organizational governance.However, while the concept of DAOs was introduced with the intention of radicalizing governance methods, it has proven prone to its own failings, some of which bear a close resemblance to that of the forms of governance it seeks to make obsolete. Despite holding >40B USD in value, it has largely failed to create advanced decision-making systems. It's chosen form of decision-making - token-based democratic voting - appears to be faulty.

Feb 29, 2024
EPF Cohort 4 Updates: Week 3

It’s been almost exactly two weeks since my last update. In this period, I’ve taken more steps to understanding the ethereum networking layer, and found an unexpected candidate for a project I’d love to work on. Let’s dive in!

Aug 4, 2023
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