Vitalik Buterin emphasized the need for good social philosophy at Ethereum's application layer in a Warpcast post, citing Polymarket and Railgun as positive examples and Pump.Fun as a negative one

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In a recent Warpcast post, Ethereum co-founder Vitalik Buterin emphasized the importance of embedding strong social philosophy within Ethereum's application layer.

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Apr 13, 2025 - 12:00am

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To make his point, he listed four apps as examples of “good social philosophy” — Railgun, Farcaster, Polymarket, and Signal — and others as “bad,” including Pump.Fun, Terra/Luna, and FTX. His message is that apps reflect intent as much as they reflect code. And when that intent is misaligned, it can lead to extractive behaviour, misplaced priorities, or systems that serve narrow interests over broader public good.
Buterin praised a handful of decentralized applications that align with Ethereum’s long-term vision. These include Railgun, Farcaster, Polymarket, and the messaging app Signal. On the flip side, he criticized platforms such as Pump.fun, Terra/Luna, and the collapsed FTX exchange, describing them as harmful examples of what not to build.

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Week 15 of 2025
04/13/2025

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