Consensus is pushed back in the new sovereignty platform with control ‘turning on the gas’
Joseph Lubin, founder of Ethereum software solutions provider Consensus, has announced the launch of a new project called Network State, where people can declare their “personal sovereignty”.
“We are in the midst of a paradigm shift that will be heard around the world,” Ethereum's co-founder said in a post on X Nov. 14 announcing the new platform.
According to Lubin, Consensys is “on a mission to expand the network empire in the emerging decentralized Web3 and AI global economy.”
He added that for years the crypto industry has been “living in fear” and unable to engage in activities that “should be natural” for Web 3 companies.
“We've been operating in a deregulated climate, with gaslighting and carpet bombing from the SEC hampering our progress.”
“We've been living in a gaslight world for a long time and we're being generously gassed by the SEC,” Lubin told Cointelegraph at the Ethereum DevCon event in Bangkok, Thailand.
It's hard to navigate the tech ecosystem in an uncertain, overcrowded, controlled state at worst and in what looks like a systematic and coordinated attempt to kill or co-opt our industry's growth.
Source: Joe Lubin
The new project, sovs.xyz, was launched on Linea, a Consensys-developed layer-2 zero-knowledge Ethereum Virtual Machine (zkEVM) package.
It allows users to witness the different forms of sovereignty that matter to them in an effort to create stronger, more sustainable and just societies.
“This is the beginning of collaboration with the community to build the network that we all want to be,” said Lubin. “We are all in the early stages of figuring out what self-sovereignty means for ourselves and our communities,” he said before adding.
We live much of our lives in chains, as our finances, identities, relationships, art, and entertainment are mediated by open networks and decentralized protocols.
Related: Consensys Decentralized Infura Launches as EigenLayer AVS
The platform appears to be built on Ethereum founder Vitalik Buterin's experimentation with pop-up cities and the concept of networks – movements where online communities come together to form physical communities and seek political autonomy.
On November 13, Consensys Linea decentralized a new Swiss non-profit association dedicated to advancing the development and management of the platform.
Magazine: FBI Tokens, AI Tokens and Crypto Laundering Transactions: Crypto Lawyers Weigh In
