Ethereum co-founder Vitalik Buterin delivers a powerful talk on why decentralization alone isn’t enough. Drawing on lessons from Web2, governance failures, and flawed crypto design, Vitalik challenges builders to focus on freedom, resilience, and real user empowerment.
0:00 1:06 The Early Internet’s Broken Promises 4:48 Crypto’s Risk of Repeating Web2 9:34 Shift from Tech Obsession to User Freedom 18:21 The “Walkaway Test” for True Decentralization 21:15 Insider Attacks & Hidden Centralization Risks 22:09 Measuring What You’re Really Trusting 23:03 Protocols That Encourage Centralization 25:05 What Crypto Can Learn from Android & Linux 27:23 Making Ethereum Worthy of Success 29:18 Social Incentives Can Destroy Decentralization 31:04 Build Systems That Make Users Free 33:11 Outro
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