# My Values vvander.eth ###### tags: `values` --- ## Security We live in a dark forest in crypto. We can't just be harder to hack than the next guy. We have to be perfect or else everything we're building will be gone tomorrow. Usually, this means that we have to move more slowly than we're used to in the digital age. ## Compromise The best compromise is one where no one is really happy. Losing a relationship usually isn't worth winning a negotiation. Life isn't zero-sum. When ## Rationality is Hard There is always a right answer, but it's more obvious sometimes. In technical realms, it's often easier to identify, but otherwise, there's usually not enough data to predict outcomes effectively. Confident bayesian reasoning is difficult when you don't precisely know the numbers involved. My biggest mistakes usually stem from assuming rationality in others, but everyone has a different view of what is rational.
Last changed by  
 
VVander
181

Read more

Notes on RPL Tokenomics Discussions

knoshua’s proposal

8/10/2023
Valuing Digital Assets

Mike Leach (vvander.eth) 2022-11-05

7/15/2023
RP Layer 2

Written by Xer0 Tldr: centralized SaaS provider build on Rocket Pool The goal for this idea is to help define a higher APR for ETH while still utilizing the Rocket Pool network. I’ve compared a few APRs below Solo-staking = 5% Lido-liquid staking = 4.6% (10% commission) Rocket Pool rETH = 4.3%

11/5/2022
Identity and Governance

vvander.eth - 2022-08-18 Recently, the Rocket Pool community has been working hard to formalize the DAO and get several initiatives off the ground. This is a great achievement and it's something I'm very proud participate in. Generally, this has taken the form of Rocket Pool Improvement Proposals, but it also includes a vote on the Incentives Management Committee initial member list, which includes several anonymous members. This is the subject of my writing today. Identity and its relationship to trust in the crypto realm is a touchy subject, as evidenced by the recent Tornado Cash + OFAC debacle. Privacy is a core crypto value. Nevertheless, all participants are responsible for the safekeeping of public goods, so we have to form an opinion on identity and trust in governance. Namely, is identity a useful input in deciding who we trust? Trust is a difficult problem. BrightID and similar projects aim to provide Proof of Humanity (PoH) without publicizing identifying information, but they are still nascent and easy to fool. PoH protocols might help prevent large-scale sybil attacks, but it isn't a solution for preventing smaller, more targeted sybil attacks like the ones to which a multi-sig is vulnerable. As any infosec professional will corroborate, security planning is all about the expected threat vectors. If you want to defend against a nation-state attack on your trillion-dollar blockchain, you're going to take different precautions than if you're just worried about your smartphone in a sketchy part of town. In Rocket Pool's case, its governance resources are already a decently high value target, so when designing governance structures, the DAO must account for actors willing to put in an enormous amount of time and effort into an attack -- e.g. paying several people to create the appearance of multiple active and engaged anonymous accounts with the explicit goal of campaigning for governance powers. This is especially worth thinking about when it comes to the more powerful protocol-level responsibilities like the pDAO guardian and the oDAO, but it's true for anyone given governance powers. The blessing and curse of crypto is that we can't rely on any authority to provide deterrence against such attacks, so we're on our own to design resilient systems.

11/5/2022
Read more from VVander
Published on HackMD