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But if they really tried to abuse their technical ability in this fashion, what would occur is evident to anyone: they would be ostracized from the group, the remaining ENS group members would make a brand new ENS contract that restores the original area owners, and each Ethereum utility that makes use of ENS would repoint their UI to make use of the brand new one. But at the more and more rich application layer where new protocols are continuously being created, we now have quite a bit extra flexibility in the place that funding may go. If the conception of legitimacy for NFTs will be pulled in a superb path, there is an opportunity to determine a strong channel of funding to artists, charities and others. They can broadcast messages to steer folks, whether or not for good or dangerous, to either buy or invest in a certain product or even change the public’s opinion on a topic. The easiest strategy to agree on what counts as enough support is to agree on how much - for instance, 5% of a mission's spending going to help the broader ecosystem and one other 1% going to public goods that go beyond the blockchain house - and rely on good faith to decide on the place that funding would go.



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