Gitcoin

The **GG24 Privacy domain** functions as Ethereum's immune system, providing critical protection against censorship, surveillance, and coercion. **Key Features:** - Community-funded initiative supporting network resilience - Protects against external threats to Ethereum's decentralization - Maintains network integrity through privacy-focused development This domain represents a **community-driven approach** to strengthening Ethereum's core values of resistance and decentralization. The initiative demonstrates how grassroots funding can support essential infrastructure that keeps the network robust against various forms of control and monitoring.

**Schelling Point** is just **5 days away** in Buenos Aires on November 20th. Builders are flying in from around the world, creating anticipation for meaningful connections and conversations that could reshape how attendees think about Ethereum's biggest challenges. - The conference focuses on bringing together **builders, thinkers, and dreamers** - Taking place during **@EFDevcon** week - Emphasis on **hallway conversations** and networking opportunities This isn't just another conference - it's designed to be the kind of event where you meet people who fundamentally change your perspective on web3 and Ethereum development. [Register here](https://schellingpoint.gitcoin.co/)

**The Decentralization Dilemma** For ten years, crypto has built decentralized applications on centralized cloud infrastructure - a fundamental contradiction that undermines true decentralization. **The Current Reality:** - 65% of Ethereum nodes run in centralized data centers - AWS hosts over 50% of hosted Ethereum nodes - 3 major cloud providers control 69% of all hosted blockchain nodes **The Solution: Physical Ownership** @ethereumJoseph argues that crypto must now take control of its physical foundations through DAO-driven infrastructure ownership: - **Energy** - Power generation and distribution - **Chips** - Semiconductor manufacturing - **Water** - Cooling and operational resources - **Land** - Physical locations for infrastructure **Market Growth** The blockchain infrastructure market is expanding rapidly from $1.5B in 2024 to a projected $10.8B by 2033. **The Path Forward** True web3 requires decentralization at every layer - not just consensus mechanisms, but the entire physical infrastructure stack. DAOs represent the organizational structure needed to collectively own and operate these critical resources. This shift from renting centralized services to owning decentralized infrastructure could define the next decade of crypto development.

**Gitcoin hints at significant developments** coming to the platform, with cryptic messaging pointing to next week's Schelling Point event. The community funding platform shared a brief but intriguing update suggesting that **"Gitcoin's next chapter is almost here."** The announcement encourages followers to pay attention to Schelling Point, indicating this may be the venue for a major reveal. - Timeline points to announcements during Schelling Point event - Platform suggests some community members have already figured out what's coming - Details remain deliberately vague with promise of "more soon" The timing and tone suggest **strategic positioning** for whatever Gitcoin plans to unveil, leveraging the Schelling Point gathering as a launch pad for their next phase.

**Privacy isn't about hiding - it's about dignity.** This core message is gaining traction as Gitcoin Grants Round 24 (GG24) demonstrates significant community backing for privacy-focused projects. The funding round, which opened applications for privacy-preserving tools, protocols, and infrastructure, is proving its value through strong community participation and support. **Key highlights:** - GG24 Privacy Domain funding round showing positive results - Community rallying around privacy as a fundamental right - Focus on dignity rather than secrecy in privacy discourse This represents a shift in how the web3 community frames privacy - moving beyond the narrative of hiding activities to emphasizing human dignity and fundamental rights.

**Devcon week** is drawing the entire Ethereum ecosystem into a coordination-focused orbit. Every project discussion, networking conversation, and partnership handshake during the conference week is **gravitating toward coordination challenges** and solutions. **Schelling Point** - the coordination-focused gathering - sits at the epicenter of this convergence, positioning itself as the central hub where builders, thinkers, and dreamers address coordination problems across all layers of Ethereum. The event creates a natural focal point during Devcon week, where the community's most pressing coordination challenges take center stage.

**GG24 demonstrates successful coordination at scale** The latest Gitcoin Grants round showed that plural funding mechanisms can grow without compromising legitimacy. Key achievements include: - **Funder alignment** across different stakeholders - **Domain coordination** between various sectors - **Strong community participation** throughout the process The round featured quadratic funding experiments on Giveth and emerging domain governance structures. This marks a significant evolution from a single platform model to a broader ecosystem approach. **What this means:** The web3 funding landscape is maturing, with multiple funders, domains, and mechanisms working together effectively. This coordination model could become the standard for decentralized grant distribution.

**Live Twitter Spaces event** featuring Ethereum Foundation's enterprise expert discussing current corporate blockchain usage. **Key Focus Areas:** - How enterprises are actually implementing Ethereum today - Separating genuine adoption from market speculation - Future enterprise blockchain developments **Event Details:** - **When:** Today at 2:30pm UTC - **Format:** Live audio discussion - **Guest:** Ethereum Foundation enterprise specialist [Join the live conversation](https://x.com/i/spaces/1lPJqvRLlQQxb) Perfect for developers, business leaders, and anyone curious about real-world blockchain implementation beyond the headlines.

The digital world is shifting from traditional software to **"Trustware"** - a new paradigm where transparency becomes economic value. **Key Development:** - Ethereum is being positioned as the world's first **trust commodity** - This represents a fundamental shift from software-based systems to trust-based infrastructure - Transparency is now being converted into actual economic fuel The concept suggests that as software became "toxic" through various issues, blockchain technology like Ethereum offers a solution by making trust itself a tradeable and valuable resource. This evolution could reshape how we think about digital infrastructure, moving beyond mere functionality to **verifiable trust** as the core value proposition.

**Gitcoin cofounder @owocki returns to Schelling Point** with multiple talks promising valuable insights. **@mathildawrites will bookend the main stage** - opening and closing alongside owocki in what organizers call a "full circle moment." - Owocki described as Gitcoin's "resident chaos magician" - Multiple presentations planned from the cofounder - Main stage programming features coordinated opening/closing The return marks a significant presence for one of the ecosystem's founding figures at the coordination-focused event.