fix typo & grammar

posts/cypherpunk.md

@@ -19,7 +19,7 @@ A similar memory from two months earlier was PorcFest (that's "porc" as in "porc
 
 The reason why I bring these memories up is that they remind me of a deeper vision underlying crypto: we are not here to just create isolated tools and games, but rather build holistically toward a more free and open society and economy, where the different parts - technological, social and economic - fit into each other.
 
-The early vision of "web3" was also a vision of this type, going in a similarly idealistic but somewhat different direction. The term "web3" was originally coined by Ethereum cofounder Gavin Wood, and it refers to a different way of thinking about what Ethereum is: rather than seeing it, as I initially did, as "Bitcoin plus smart contracts", Gavin thought about it more broadly as one of a set of technologies that could together form the base layer of a _more open internet stack_.
+The early vision of "web3" was also a vision of this type, going in a similarly idealistic but somewhat different direction. The term "web3" was originally coined by Ethereum co founder Gavin Wood, and it refers to a different way of thinking about what Ethereum is: rather than seeing it, as I initially did, as "Bitcoin plus smart contracts", Gavin thought about it more broadly as one of a set of technologies that could together form the base layer of a _more open internet stack_.
 
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@@ -157,7 +157,7 @@ It's easy to say "these people doing X are a corrupting influence and bad, these
 
 The advantage of the Ethereum community, in principle, is that we take incentives seriously. PGP wanted to put cryptographic keys into everyone's hands so we can actually do signed and encrypted email for decades, it largely failed, but then we got cryptocurrency and suddenly millions of people have keys publicly associated to them, and we can start using those keys for other purposes - including going full circle back to encrypted email and messaging. Non-blockchain decentralization projects are often chronically underfunded, blockchain-based projects get a 50-million dollar series B round. It is not from the benevolence of the staker that we get people to put in their ETH to protect the Ethereum network, but rather from their regard to their own self-interest - and we get [$20 billion in economic security](https://time.com/6212184/justin-drake-ethereum-merge/) as a result.
 
-At the same time, incentives are not enough. Defi projects often start humble, cooperative and maximally open source, but sometimes begin to abandon these ideals as they grow in size. We can incentivize stakers to come and participate with very high uptime, but is much more difficult to incentivize stakers to be decentralized. It may not be doable using purely in-protocol means at all. Lots of critical pieces of the "decentralized stack" described above do not have viable business models. The Ethereum protocol's governance itself is notably non-financialized - and this has made it much more robust than [other ecosystems whose governance _is_ more financialized](../../../2018/03/28/plutocracy.html). This is why it's valuable for Ethereum to have a strong social layer, which vigorously enforces its values in those places where pure incentives can't - but without creating a notion of "Ethereum alignment" that turns into a new form of political correctness.
+At the same time, incentives are not enough. Defi projects often start as humble, cooperative and maximally open source, but sometimes begin to abandon these ideals as they grow in size. We can incentivize stakers to come and participate with very high uptime, but it is much more difficult to incentivize stakers to be decentralized. It may not be doable using purely in-protocol means at all. Lots of critical pieces of the "decentralized stack" described above do not have viable business models. The Ethereum protocol's governance itself is notably non-financialized - and this has made it much more robust than [other ecosystems whose governance _is_ more financialized](../../../2018/03/28/plutocracy.html). This is why it's valuable for Ethereum to have a strong social layer, which vigorously enforces its values in those places where pure incentives can't - but without creating a notion of "Ethereum alignment" that turns into a new form of political correctness.
 
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@@ -169,4 +169,4 @@ There is a balance between these two sides to be made, though the right term is
 
 How do we actually make this integration happen? This is the key question, and I suspect the answer lies not in one magic bullet, but in a collection of techniques that will be arrived at iteratively. The Ethereum ecosystem is already more successful than most in encouraging a cooperative mentality between layer 2 projects purely through social means. Large-scale public goods funding, especially [Gitcoin Grants](https://grants.gitcoin.co/) and [Optimism's RetroPGF rounds](https://community.optimism.io/docs/governance/retropgf-3/), is also extremely helpful, because it creates an alternative revenue channel for developers that don't see any conventional business models that do not require [sacrificing on their values](../../../2022/10/28/revenue_evil.html). But even these tools are still in their infancy, and there is a long way to go to both improve these particular tools, and to identify and grow _other_ tools that might be a better fit for specific problems.
 
-This is where I see the unique value proposition of Ethereum's social layer. There is a unique [halfway-house mix](../../../2020/11/08/concave.html) of valuing incentives, but also not getting consumed by them. There is a unqiue mix of valuing a warm and cohesive community, but at the same time remembering that what feels "warm and cohesive" from the inside can easily feel "oppressive and exclusive" from the outside, and valuing hard norms of neutrality, open source and censorship resistance as a way of guarding against the risks of going too far in being community-driven. If this mix can be made to work well, it will in turn be in the best possible position to realize its vision on the economic and technical level.
+This is where I see the unique value proposition of Ethereum's social layer. There is a unique [halfway-house mix](../../../2020/11/08/concave.html) of valuing incentives, but also not getting consumed by them. There is a unique mix of valuing a warm and cohesive community, but at the same time remembering that what feels "warm and cohesive" from the inside can easily feel "oppressive and exclusive" from the outside, and valuing hard norms of neutrality, open source and censorship resistance as a way of guarding against the risks of going too far in being community-driven. If this mix can be made to work well, it will in turn be in the best possible position to realize its vision on the economic and technical level.