• MoneroMaster
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    7 months ago

    Going through this book at the moment, it is very insightful. Don’t steal it though, support people who are contributing to defi and wanting to build crypto economies!

    A quote from the book that made me see the importance of the CCS and crowdfunding in general for Monero:

    For most cryptocurrency projects, not just Bitcoin, developers call the shots. And notably, software developers don’t finance themselves. They have to get paid somehow. Therefore, the real power dynamics within a cryptocurrency projects are determined by how its software developers make decisions and get paid. The history of BTC is a cautionary tale of what happens when the incentives of developers become misaligned with the rest of the network.