High Signal - The Daily Gwei #498
Where you get your information from matters.
There is so much bad information about Ethereum that gets both spread and gobbled up by the masses and it infuriates me to no end. There are mainstream narratives like “The Merge lowers gas fees” and “all staked ETH unlocks at The Merge” that have somehow formed even though no knowledgable person has ever said this. That really leaves only one source for that information - clickbait “influencers” who don’t care about being accurate at all - all they care about is how many eyeballs they can get on their content so that they can make more money.
Crypto is one of the few industries where you have close access to many of the most “important” people in the industry. As I said in my tweet above, if you want up to date and accurate information on Ethereum core protocol development then you can get that straight from the core devs themselves - there’s not much reason to get it from an untrusted source. You can do this by following along with the core dev twitter accounts, core dev calls, the core dev Discord channel and many other places. Yes, it takes a little extra work than reading some tabloid piece, but it gives you much more reliable information.
Though it’s not just the core devs themselves that you can get information from - there are plenty of reliable and well known educators out there who strive to give accurate information whenever possible. These include Bankless, the Ethereum.org website, a few very high signal twitter accounts, The Daily Gwei (naturally) and others. I truly believe that if you follow these news sources you’ll get the most reliable and most up-to-date information possible about Ethereum.
Lastly, some people may bring up that following only a certain group of people will put you in an echo chamber but I think this is orthogonal to my point here. Yes, echo chambers exist and yes they can be dangerous, but I don’t think prioritizing signal over noise falls into creating an echo chamber for yourself. Very often groups like the core devs will disagree with eachother and do it quite transparently - it’s not just all “yes men” who follow some dear leader - it’s a decentralized group of people all working to make Ethereum the best it can be.
Obviously all of the above can apply to any industry, but the key difference is that most industries aren’t transparent. Could you imagine being able to sit in the Slack channel of senior Apple engineers as they discuss the next big Apple product? That’s basically what you’re doing when following Ethereum core dev work - and it’s an absolutely magical thing.
Have a great weekend everyone,
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All information presented above is for educational purposes only and should not be taken as investment advice.