Navigating Advisor Shares and the Post-Merge Era of Ethereum

Kazuki Nakayashiki

Hatched by Kazuki Nakayashiki

Sep 10, 2023

4 min read

0

Navigating Advisor Shares and the Post-Merge Era of Ethereum

Introduction:
In today's article, we will explore two distinct topics that have captured the attention of entrepreneurs and cryptocurrency enthusiasts alike. First, we will delve into the world of advisor shares and discuss the importance of creating a structured vesting schedule for advisors. Then, we will shift gears and explore the aftermath of the long-awaited Merge in Ethereum, examining the Surge, the Verge, the Purge, and the potential Splurge that awaits us. Join us as we navigate these fascinating subjects and uncover valuable insights along the way.

  1. Advisor Shares: Choosing the Right Advisors and Crafting Agreements
    When it comes to advisor shares, it is crucial to approach this process with careful consideration. Just as you would select a co-founder, choosing the right advisors is vital for your company's success. While an advisor can provide invaluable support, a wrong choice can lead to distractions and wasted time. Therefore, it is essential to pick advisors who can compensate for your weaknesses and align with your vision.

Consider asking potential advisors if they would be willing to invest directly in your company instead of accepting equity. This investment not only demonstrates their commitment but also sends a positive signal to future investors. Once you've identified the ideal advisor, it's crucial to establish a formal relationship with a signed agreement. Clearly outline the advisor's domain of expertise, the areas they will assist you with, and the agreed-upon compensation, whether it be equity or another form.

Actionable Advice:

  • Choose advisors who complement your weaknesses and align with your vision.
  • Consider asking potential advisors to invest directly in your company.
  • Document the advisor agreement in collaboration with a lawyer for clarity and protection.
  1. The Merge is Done! Now What? Understanding Ethereum's Post-Merge Era
    The Merge, Ethereum's transition from Proof of Work to Proof of Stake, has been successfully implemented, resulting in significant improvements. Ethereum now operates on 99.5% less energy and boasts a 90% lower inflation rate. However, the journey doesn't end here. Let's explore what lies ahead in Ethereum's post-Merge era.

The Surge: Scaling Out with Sharding
To enhance Ethereum's computing power without overwhelming stakers, the concept of sharding has been introduced. Sharding involves horizontally splitting the Ethereum database into multiple shards, each processed by separate machines. This scaling-out approach aims to maintain security and composability while increasing computational capacity. Ongoing debates and future Ethereum Improvement Proposals (EIPs) like EIP-4844 will shape the strategies for successful sharding implementation.

The Verge: Moving towards Stateless Network Validation
One challenge Ethereum faces is maintaining the historical record, or state, of the chain on every validator. With the full implementation of sharding, the state could grow exponentially, making it expensive to store on all validators. The solution lies in transitioning towards stateless network validation. Here, Verkle Trees step in, compressing the data required for validating blocks based on historical data. Verkle Trees drastically reduce the size of proofs, making stateless clients viable.

The Purge: Reducing Historical Data Burden
To address the issue of maintaining historical data, Ethereum plans to reduce the length of data that execution clients need to store. Shifting from the full history to storing only one year's worth of historical data will lighten the burden on validators and improve overall efficiency.

The Splurge: Accelerating Innovation in Ethereum
As Ethereum continues to evolve, advancements like Optimistic Rollups and ZK-Rollups are expected to improve performance while introducing new tools and applications. These technical developments may not be immediately noticeable to the network's users but will undoubtedly enhance Ethereum's capabilities and open doors for exciting possibilities.

Actionable Advice:

  • Stay updated on developments in Ethereum's post-Merge era, especially regarding sharding and stateless network validation.
  • Consider the potential benefits of implementing Optimistic Rollups and ZK-Rollups in your projects.
  • Explore new tools and apps emerging in the Ethereum ecosystem to leverage their improved performance and functionality.

Conclusion:
In this article, we explored two distinct yet interconnected topics. We discovered the importance of creating structured vesting schedules for advisors and the significance of choosing the right advisors to support your company's growth. Additionally, we delved into the post-Merge era of Ethereum, uncovering the Surge, Verge, Purge, and the potential Splurge that awaits us. By implementing the actionable advice provided, you can navigate these realms with confidence and maximize the benefits they offer.

Sources

← Back to Library

Hatch New Ideas with Glasp AI 🐣

Glasp AI allows you to hatch new ideas based on your curated content. Let's curate and create with Glasp AI :)

Start Hatching 🐣