It is Wednesday, May the 20th. This is The Breakdown. I'm your host David Canellis, as always.

Today, we're going to jump into some stories to get you ready for the midweek ahead.

We're looking at about half a dozen exits from the Ethereum Foundation.

What's going on with that? Why is everybody leaving the EF?

What does it have to do with the new mandate? We're going to find out. We're also

looking at a Wall Street Journal article about Polymarket. I brought up the Uma Oracle and decision

making processes around disputes last week. And then lo and behold, we have some reporting from

the Wall Street Journal about how that operates and who exactly

is making these dispute decisions. We're also going to be looking at Open AI, opening up a stream

to guarantee compute for between one and three year commits. Sam Altman says it is because

customers are increasingly asking for certainty on capacity. And Sam

Altman expects that the world will be capacity constrained for some time. We're going to be looking

at how that works and why. So, without further ado, this is the breakdown. Let's get to it.

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Host and guests may hold positions in the company's funds or projects discussed.

Okay. First we're going to launch into this Ethereum Foundation stuff because, yeah, I just said it was half a dozen. It's actually eight Ethereum Foundation researchers have quit so

far this year. And this is a piece from Femex. I apologize if some of this has been lifted

from other articles without citation and so on.

And there's been a few different write-ups as well.

But what I liked about this particular write-up is we have a nice table here

that breaks down each of the levers and their roles within the Ethereum Foundation.

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