Vitalik's new ETH 2.0 Roadmap includes a weird thing where the ETH foundation will auction off blocks. Why? Validators, he says, should not have to worry about the blocks, security, and other apparently too difficult to manage concepts that are above the validator's skill level.
Yes, you know who else auctioned off "blocks" of future revenue for the chain??? The Roman Empire.
Vitalik has lost it. This is Modern Day, Digital, 2.0, ETH Imperalist nonsense... otherwise known as Tax Farming of 2022 created the boy-wonder himself. A man who -- after receiving billions of dollars from fees that go to the ETH treasury has produced what??? Where has all of this money gone Vitalik? WHERE!?
Anyway... a block means that data represents transactions and those transactions represent, at least, partially, fees paid. He knows that right?
And tell me tell you what Tax Farming is. Roman Emperors were trying to figure out what had happened in the past 3-4 years they would do a census (like calling the chain) and then figure out what each area of their Empire had probably done in terms of total revenue (like estimating transactions).
After that, tax farmers (who were experts at collecting taxes on behalf of the Roman state and could use the Roman Army as backup to get the taxes from the people) would bid on a province. Whoever offered the most in taxes to the State received a particular province; kind of like a block being auctioned and designated to a group of validators.
Anyhow, all hail Emperor Vitalik.
So Emperor Vitalik, how is your scheme any different from what the Romans did? Give blocks to the highest bidder? Please, Ser Vitalik -- "give me your block ser"...
And yet, this ridiculous idea of Vitalik who is so sore about being unable to produce ETH 2.0 that he's coming up with more and more hair-brained ideas (essentially, they're excuses about why ETH 2.0 will be delayed until 2023) is destroying ETH.
Why auction off blocks Vitalik? Why not simply let validators stake and then allocate blocks instead?
And why did you come up with this idea of a purge?
Vitalik even wants to "purge" the chain off historical transactions. Apparently the chain is getting too big in terms of data (are you serious? Most people with a 5G or LAN connection can download ETH's chain in 24 hours or so)
Instead, Vitalik wants other chains to do the work for ETH. Vitalik wants those layer 2 chains to hold the historical transactions for ETH. Apparently layer 2 which actually works is not necessary for doing transactions on ETH, but they're good enough to basically have the most important information that ETH offers.
Let's face the facts. Years have been spent making layers 2 -- many of whom are fantastic. And somehow Vitalik's ETH 2.0 competitive advantage is Roman-style Tax Farming + letting Layer 2s = historic records for ETH chains???
Give me a break.