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Vitalik Buterin Values Open Source Over Public Goods Concept

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by Giorgi Kostiuk

2 days ago


Vitalik Buterin, one of Ethereum's founders, emphasizes the importance of open source over public goods in his new essay. He critiques the use of public goods concepts for marketing and highlights the stability and usefulness of open source.

Overview of Vitalik Buterin's New Article

In his new article, Vitalik Buterin addresses the allocation of resources between public goods and open-source projects. He notes that the concept of public goods is often used for marketing rather than creating something truly beneficial.

We should talk less about public goods funding and more about open source funding

Issues with Public Goods and Their Alternatives

Buterin argues that there is a risk of funding things that sound good rather than being truly beneficial. Open source, on the other hand, has a clear definition and often provides real benefits. He mentions that concepts like clean air and street lighting have much in common with open source.

The Long Road to Open Source in Web3 and Beyond

Buterin notes that open-source involvement in global R&D has contributed to environmental improvements. He cites an example from the AI boom when he advocated for open brain-computer interface development to prevent centralization.

Vitalik Buterin reiterates the importance of open source for society and its role in the future. He believes this direction should be prioritized in the development of technologies and Web3.

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