### Vitalik on Open Source Incentives#

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Ethereum co-founder Vitalik Buterin recently emphasized the importance of creating a funding structure that sustainably incentivizes open-source, open standards, and security when responding to a community user. He believes that such a structure can curb closed-mindedness and extractive behavior, promoting positive-sum participation in a broader ecosystem. He argues that the tech world underestimates the importance of efficient capital formation for building the future, and establishing effective funding structures is key to addressing this.

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Ethereum co-founder Vitalik Buterin recently emphasized the importance of creating a sustainable incentive structure for open-source, open standards, and security in response to a community user. He believes this is crucial to curb closed-mindedness and extractive practices, fostering positive-sum participation in a broader ecosystem. He pointed out that the tech world generally underestimates the importance of efficient capital formation in building the future. Vitalik believes that by establishing the right funding structure, developers can be continuously incentivized to participate in open-source projects, drive the development of open standards, and enhance security, thereby avoiding the drawbacks of closed ecosystems and promoting the collective growth of the entire ecosystem. He highlighted the importance of this incentive mechanism in building a more open, secure, and prosperous future.

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It is crucial to create sustainable incentives for open source, open standards, and secure financing structures.

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Suppressing closed-mindedness and extractive practices, and promoting positive-sum participation in a broader ecosystem.

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Efficient capital formation is essential for building the future.

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Open source incentives are a key driver of technological progress.

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