4 min read
|
Saved February 14, 2026
|
Copied!
Do you care about this?
This article highlights various projects built on Ethereum, including Aave and Fileverse, showcasing their significance in the DeFi and decentralized storage spaces. It also touches on community discussions about blockchain utility, governance, and the importance of understanding innovations beyond surface-level critiques.
If you do, here's more
The Twitter thread highlights various projects built on Ethereum, emphasizing their significance in the decentralized finance (DeFi) space. Aave, launched by Stani Kulechov, is noted as the largest permissionless lending protocol, boasting $20 billion in assets. The thread also celebrates Aave's fifth anniversary and recognizes its contributions to the Ethereum ecosystem. Another project mentioned is Fileverse, which serves as a decentralized alternative to traditional tools like Google Drive and Slack. It features collaborative document editing and file sharing, with data stored on IPFS and managed through smart contracts, ensuring both security and open-source transparency.
The thread also touches on the Ethereum Foundation's spending, revealing insights from an upcoming report covering 2022 and 2023. It breaks down spending into internal and external categories, with internal expenses making up about 38% and external at 62%. This data reflects the foundation's commitment to supporting both its internal teams and external developers.
In a broader discussion, the thread critiques Western perspectives on crypto, noting that many who critique blockchain technology are often those who need it the least. It argues for a deeper understanding of blockchain as an alternative to traditional institutions, particularly for the 78% of people in less affluent regions. The thread concludes with a metaphor about "Suitcase Handle Words," illustrating how phrases like "Trust the Process" can oversimplify complex ideas, leaving behind the richer context of experience and wisdom.
Questions about this article
No questions yet.