The author have not purchased or sold any token for which the authors had material non-public information while researching or drafting this report. These statements are made consistent with Delphi’s commitment to transparency and should not be misconstrued as a recommendation to purchase or sell any token, or to use any protocol. The content of this report reflects the opinions of its authors and is presented for informational purposes only. This is not and should not be construed to be investment advice.
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Introduction
“What the tools we rely on the most heavily have in common is that they’re all simple, durable, and ours.” – Lane Rettig, Ethereum Core Developer
We have become cattle. The data of our online lives is constantly siphoned from us by a conglomerate of Web2 companies that sit at the center of the modern client-server network stack. When you go online, you first connect to a large Web2 company. These companies connect us to a larger world than our forebearers could ever grasp. But, these entities have used this central position to censor information and build an entire industry around surveillance capitalism. This existing client-server paradigm gives inordinate power to those who control the servers and have created the perverse incentives that have given rise to this problem. Unfortunately, there is little evidence to show that this trend is slowing, an
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