Profile of ALLIn in Optimism

Posts by ALLIn

• App Approval, Onboarding, Interim Review, and Removal Process by ALLIn - No Role
  Posted on: Aug. 9, 2022, 1:32 a.m.
  Content: Assumptions: There are no procedures, standards, or criteria for approving, onboarding, or removal of Applications to the OP Ecosystem. I have searched without finding any details outlining the process or requirements. If the preceding assumptions are correct, I propose the OP Collective consider the following high-level requirements: General Rules [Draft] Operating Manual - Add final procedures Listing requirements - approved by the OP Collective and published to application pages. App Approval - up/down vote by the OP Collective prior to listing. App Modifications - Notification by the App of changes, Github review, and technical approval before code is committed. Removal - publish to application pages the removal criteria, procedure, and appeal process for Apps deemed to provided “bad actor” services. App Removal - OP Collective up/down vote to remove an App deemed to have delivered “bad actor” services?
  Likes: 1 Replies: 0
  Likers: axel_t
  No replies yet.
• App Approval, Onboarding, Interim Review, and Removal Process by ALLIn - No Role
  Posted on: Aug. 8, 2022, 9:32 p.m.
  Content: Assumptions: There are no procedures, standards, or criteria for approving, onboarding, or removal of Applications to the OP Ecosystem. I have searched without finding any details outlining the process or requirements. If the preceding assumptions are correct, I propose the OP Collective consider the following high-level requirements: General Rules [Draft] Operating Manual - Add final procedures Listing requirements - approved by the OP Collective and published to application pages. App Approval - up/down vote by the OP Collective prior to listing. App Modifications - Notification by the App of changes, Github review, and technical approval before code is committed. Removal - publish to application pages the removal criteria, procedure, and appeal process for Apps deemed to provided “bad actor” services. App Removal - OP Collective up/down vote to remove an App deemed to have delivered “bad actor” services?
  Likes: 1 Replies: 0
  Likers: Axel_T
  No replies yet.
• L2 Security - OP Leadership and Governance by ALLIn - No Role
  Posted on: Aug. 6, 2022, 7:36 p.m.
  Content: Personally, I feel like we sometimes forget that Ethereum provides rewards (ETH) and penalties (Slash) to penalize or remove systemic threats. L 2 ’s, in their own way, need the same (better) methods to mimic the rules governing those who earn the privilege of being part of the OP Echosystem. What might the OP Collective do? Many in this community are far more capable than this writer to devise best practices; however, here are a few discussion points to provoke thought in a collaborative forum: How can and how should the Collective reward those who benefit from meeting/exceeding OP requirements What do we have that might be tooled as a “slash?” Proof of Reserves - zero-knowledge proofs Self Regulation - if we don’t “they” will, but “theirs” will be quite different than ours Audits - Structure, requirements, verification, rewards, penalties These represent perhaps the obvious ways we can tighten up the system. Even if we can’t help those who have lost their fortune by way of scams, legit errors, greed, and ignorance we can improve the financial and emotional experience of users who admire and respect the OP Collective leadership. All of the issues discussed here are great, but governance implies more. Without rules and consequences (good and bad) the OP Collective will have missed an opportunity while inviting failure.
  Likes: 0 Replies: 0
  No likes yet.
  No replies yet.
• L2 Security - OP Leadership and Governance by ALLIn - No Role
  Posted on: Aug. 6, 2022, 4:52 p.m.
  Content: I am trying my best to stay “Optomistic” but my needle has moved from “concerned” to “worried.” Opportunity: I don’t see alarms going off in the OP and L 2 communities concerning the number and severity of hacks that collectively have destroyed (by some estimates) over 1 Billion of liquidy. I know of no quantitative data to map the exponential Crypto growth against the number and value of hacks; however, I know the numbers are growing and the Headlines will increasingly be a subject in mainstream media and to their advantage all corners of politics. *** OP Action:** It’s time that OP show L 2 leadership by addressing security issues in apps that call OP home. I fear in retrospect, to do nothing will represent failure. To our credit, the industry has survived with bailouts sourced from within; however, the frequency and magnitude represent a problem not to be ignored. Most importantly I believe ignoring the issue would be a violation of key parts of the proposed OP Constitution. Allocate treasury assets to fund public goods, incentivize participants in the Optimism ecosystem, or otherwise further its (and the Collective’s) purpose; Take other actions that are conducive to its stewardship role. The primary function of the Collective is to minimize the discrepancy between collective impact and individual profit. Conclusion: Hacks have exploited every component of the broad Crypto Echosystem including OP (Wintermute, Quixotic). Long-term, headlines will shift public opinion and unchecked jeopardize retail and institutional confidence. The OP Collective must lead an effort to recognize, publicize, and develop measures to minimize further industry damage in the OP Echosystem and beyond.
  Likes: 2 Replies: 0
  Likers: prometheus, blufish
  No replies yet.
• L2 Security - OP Leadership and Governance by ALLIn - No Role
  Posted on: Aug. 6, 2022, 3:36 p.m.
  Content: Personally, I feel like we sometimes forget that Ethereum provides rewards (ETH) and penalties (Slash) to penalize or remove systemic threats. L 2 ’s, in their own way, need the same (better) methods to mimic the rules governing those who earn the privilege of being part of the OP Echosystem. What might the OP Collective do? Many in this community are far more capable than this writer to devise best practices; however, here are a few discussion points to provoke thought in a collaborative forum: How can and how should the Collective reward those who benefit from meeting/exceeding OP requirements What do we have that might be tooled as a “slash?” Proof of Reserves - zero-knowledge proofs Self Regulation - if we don’t “they” will, but “theirs” will be quite different than ours Audits - Structure, requirements, verification, rewards, penalties These represent perhaps the obvious ways we can tighten up the system. Even if we can’t help those who have lost their fortune by way of scams, legit errors, greed, and ignorance we can improve the financial and emotional experience of users who admire and respect the OP Collective leadership. All of the issues discussed here are great, but governance implies more. Without rules and consequences (good and bad) the OP Collective will have missed an opportunity while inviting failure.
  Likes: 0 Replies: 0
  No likes yet.
  No replies yet.
• L2 Security - OP Leadership and Governance by ALLIn - No Role
  Posted on: Aug. 6, 2022, 12:52 p.m.
  Content: I am trying my best to stay “Optomistic” but my needle has moved from “concerned” to “worried.” Opportunity: I don’t see alarms going off in the OP and L 2 communities concerning the number and severity of hacks that collectively have destroyed (by some estimates) over 1 Billion of liquidy. I know of no quantitative data to map the exponential Crypto growth against the number and value of hacks; however, I know the numbers are growing and the Headlines will increasingly be a subject in mainstream media and to their advantage all corners of politics. *** OP Action:** It’s time that OP show L 2 leadership by addressing security issues in apps that call OP home. I fear in retrospect, to do nothing will represent failure. To our credit, the industry has survived with bailouts sourced from within; however, the frequency and magnitude represent a problem not to be ignored. Most importantly I believe ignoring the issue would be a violation of key parts of the proposed OP Constitution. Allocate treasury assets to fund public goods, incentivize participants in the Optimism ecosystem, or otherwise further its (and the Collective’s) purpose; Take other actions that are conducive to its stewardship role. The primary function of the Collective is to minimize the discrepancy between collective impact and individual profit. Conclusion: Hacks have exploited every component of the broad Crypto Echosystem including OP (Wintermute, Quixotic). Long-term, headlines will shift public opinion and unchecked jeopardize retail and institutional confidence. The OP Collective must lead an effort to recognize, publicize, and develop measures to minimize further industry damage in the OP Echosystem and beyond.
  Likes: 1 Replies: 0
  Likers: Prometheus
  No replies yet.
• Consider helping Quixotic cover some of the refund amound for users impacted by the marketplace exploit by ALLIn - No Role
  Posted on: Aug. 6, 2022, 12:34 a.m.
  Content: I agree, at some point, the industry must suffer - bailouts will never work. That said, I agree and suggest we all put our thinking caps on to find a way to help support the Collective culture while avoiding what looks like something very different. I agree, more thought is essential to address a large and growing problem for the entire crypto community. This one is bigger than OP or Quixotic.
  Likes: 0 Replies: 0
  No likes yet.
  No replies yet.
• Organizing the forum by ALLIn - No Role
  Posted on: Aug. 6, 2022, 12:28 a.m.
  Content: Dhannte, I’m not adding to the conversation and I hate to fight city hall but I simply hate the concept of Airdrop. By implication, to most, it implies - free tokens. Maybe that’s not bad when as we try to grow usage, but I think the name must change. If anyone agrees with me could we start a discussion to explore the ideas of others? To me, earndrop or benefitdrop or drops-with-benefits or … If there is enough interest, someone will come up with a better name and process. Thanks, John BTW, I agree with the idea.
  Likes: 2 Replies: 0
  Likers: maintainer.eth, fractalvisions
  No replies yet.
• Economic sustainability ideas for $OP by ALLIn - No Role
  Posted on: Aug. 6, 2022, 12:18 a.m.
  Content: I have already replied that I do not think the use of OP for expenses is a good idea. We are after the masses and paying with ETH reduces friction to make the onboard process easier. Using OP to build value for token holders may be beneficial for those with a short-term perspective but at this early stage we need to optimize and future-proof the ecosystem.
  Likes: 1 Replies: 0
  Likers: davidphan1997
  No replies yet.
• Decentralize the Governance Discussion by ALLIn - No Role
  Posted on: Aug. 6, 2022, 12:09 a.m.
  Content: Yea, the idea (similar to single sign-on) is great but like you, I don’t know of an app to accomplish all things necessary for GOV. Nothing is wrong with the existing, but trying to improve on the GOV model - admirable as it is, perhaps at the time there are more important issues/projects to pursue.
  Likes: 0 Replies: 0
  No likes yet.
  No replies yet.