This is a Special Intro for our dear Publish Ox readers, because we ripped this premise right out of an article here. THAT'S RIGHT Stole it and published it with our holier than thou comments about it, trolled throughout and  mercilessly intertwined within it. And the undiluted pity of it is; WE KNOW ABSOLUTELY NOTHING ABOUT CRYPTO. But we think we understand the nature of things well enough to lecture the likes of you. But perhaps like the rest of the marks out there, we are only capable of holding crypto, and hopefully developing an educated opinion on it over time, at our expense.

But You People Are The Experts, aren't cha

So tell us about God's special place for fools like us, who dare to step out of line, if you think we should go back to sweeping floors. Or say worse things if you've a mind for vengeance without regard to human dignity. Or, if by some chance we nailed it, then we expect to be rewarded, far beyond our wildest dreams.

The voice of the people is the voice of God. The voice of Publish Ox is the voice of Crypto.

The Article

We were sitting around, wondering what to do with our crypto Ethereum last week, and discussing the best way to leverage it going forward. We found this article today on Publish Ox. Many of the questions we raised in private are addressed. Here is how it begins.

Will the Unannounced Ethereum Fork Kill the Bull Market?

I continue to say that it is a shame that Ethereum continues to dominate the mindshare of crypto traders. The unannounced hard fork that took out the majority of Ethereum defi showcased many of the network's weaknesses, among them:

• a lack of decentralization
• a lack of transparency
• a lack of funding
• a lack of philosophical cohesion about what Ethereum is supposed to be.

Aside from the technical risk that users of seminal dapps like Compound, Uniswap, Metamask and MakerDAO now face, the way that the fork was handled creates a much more serious problem to me. Certain developers took it upon themselves to control news of the bug that caused the fork. The quote was that fixing the bug "silently reduced disruption."

Some Points The Article Addresses

First let's look at the points above.

• a lack of decentralization
• a lack of transparency

These two things in our opinion are essentially good and teach an obvious lessen in nature. The conflict arises from the fact that what is actually good is perceived as a failure by the creators. But the creators are learning that; It is impossible for one entity to decentralize from itself. Each entity in nature, contains the mechanism for transparency within itself.

Ethereum On the Farm and In the Mine

Ethereum began as an attempt to create the known universe of decentralization. But one thing can only compartmentalize within itself. To decentralize you need to obscure one part from another in a way that can invite lack of internal coordination, and in the case of Ether, potential instruments of fraud. The brilliance of Ethereum is not that it can decentralize from itself.  Ether realized a multifaceted, decentralized smart contract, Proof Of Work, and Proof Of Stake environment as tools for decentralization.

What this allows, if Ethereum can do so, is for Ethereum to be a  clearinghouse and marketplace for a multitude of blockchain smart contract solutions, totally out of the control of Ethereum, but which can connect to the Ethereum Smart Protocols for verification of honest history and provable means of trade, within the marketplace of Ethereum. This would allow for a multitude of independent transactions for development and sale, within, and connection to a larger market. 

Blockchain is like a mining operation or a farm. The farmers and miners need a marketplace or a grange, with tools to negotiate a range of contracts. They need an environment with the pedigree and facilities to do so. If you add a creative loft space on an infinite number of acre's to your grange and marketplace, you have an analogy of the current crypto environment potentially on Ethereum. This lack of a centralized Ethereum vision, as being a potential multifaceted marketplace development solution and structure for greater use of decentralized currency has lead to;

• a lack of funding
• a lack of philosophical cohesion about what Ethereum is supposed to be.

MORE FROM THE ARTICLE

A GREAT ARTICLE, HERE ARE A COUPLE OF EXCERPTS FOR A BETTER TASTE

The Attitude of an Oligarch

The entire purpose of crypto is to move humanity away from the arrogant attitude that a few people should control the dissemination of news when problems occur. The idea that stakeholders in a system would automatically panic is no different from the attitude of overbearing politicians and spaced out financial elites who...

The Backlash

We have yet to see the full effect of what the Ethereum fork will produce in the market. Large exchanges froze ether trading after news of what Szilagyi had done came to light. The panic that comes from the network going down will likely cause...

READ IT ALL: Will the Unannounced Ethereum Fork Kill the Bull Market?

We think Etereum can become a data manager for any currently imaginable decentralization solution, but not the managing controller of the information coming in.

Developing Crypto Mining and Farming in the Great Blockhain Wilderness 

As to the farmer or minor in a traditional sense, any misrepresentation of the product, goes back to the producer, not the market. This holds true as long as the market was internally correct in it's conduct of the means for the transaction. In a grange, or precious metals, gemstones market, the offending member loses membership and contacts. Ethereum might work similarly with nothing but gas fees and coded computer handshakes needed for initial membership entry.

In computing, Ethereum should provide the ability to take random crypto currencies, and their data, with their smart contract variations, and turn this into usable blocks of retrievable, data that can be coordinated and developed in the environment, according to subject, crypto purposes and values, then negotiated within Ethereum.

A minor in the hills, will take his product to market where it will be made into jewelry and tools for industry. Crypto mining is similar.