Hot Off the Chain | Bankless Publishing Recap
Top-shelf Educational Web3 Content Shipped Directly to Your Inbox
Dear Bankless Nation 🏴
Welcome to the first issue of the Bankless Publishing Recap! Bankless Publishing collaborates with authors and protocols to provide you with some of the most relevant content in Web3. From basic 101 articles to complex tokenomics analyses, Bankless Publishing ships a wide range of educational Web3 content on BanklessPublishing.com and through our other channels.
Bankless Publishing is driven by a mission to ennoble its writers and showcase their content to a broad audience of crypto-interested readers. We also work with crypto’s leading protocols to help them get their message out to our audience. Whether you’re a writer or protocol team, we’re interested in talking with you.
This newsletter is replete with short summaries, tweet threads, and warm links, conveniently pinged to your inbox every two weeks. We hope you enjoy this recap of our content, and we welcome your feedback.
✍️ Article Summaries
Author: Frank America
Exploring the nature of currency itself, its watery origins, and how this language permeates finance, read Frank's first in a collection of essays about cryptocurrency. This article offers a primer on Bitcoin and Ethereum, and prepares the reader for the essays that follow.
Giving you the fundamental tools and tactics for coordinating people in a decentralized manner, this article touches on the thesis that governance is an iterative process and focuses specifically on BanklessDAO, walking the reader through the evolution of how decisions are made. From soft consensus, hard consensus, to Snapshot, EthHunter demonstrates how voting fatigue is real, but that we need to work those muscles to grow.
Author Zero Mass
Offering a rebuttal to a piece of legislation that was designed as a "warning signal" about cryptocurrency, this article argues that while no one believes that cryptocurrency isn't risky, the proposal ignores the fundamental benefits of blockchain technology and instead resorts to scare tactics and poorly researched claims, hence the title. Dig in to learn more about this piece of American History.
Looking at the role of identity in Web3, this article explores the values, pros and cons, and utility of the way identity works in a decentralized world. The article highlights Lens Protocol, which aims to enable users to take their data with them as they plug into a myriad of decentralized applications. The role of digital identity and the utility of reputation accrual are covered in depth.
Author: Samantha Marin
Sure Web3 is cool, because we get to own our own stuff, but as this article points out, we’re still dealing with major UX/UI issues and these are huge barriers to entry. We went from dial-up modem and waiting for jpegs to load to instant and seamless social access to a global network on a single feed. Web3 has made the internet hard again, and the author shows us why, and what we can do about it if we want the masses to join us.
Author: Zero Mass
Unpacking the manner in which the MakerDAO ecosystem is looking to create greater security around the usage of its collateral on different blockchains, this article shows that when assets move from one chain to another and get wrapped, they are really only backed by the assurances of that new protocol. MakerDAO's newest upgrade to DAI aims to create more standards around these coins, and Zero Mass explores how MakerDAO created an asset that still holds strength in relation to its original chain.
Born on May 4, 2021, BanklessDAO reimagines and forges what a large Web3 organization can truly be. Spotlight quotes from key contributors abound. In this article, siddhearta walks us through the numerous, amazing accomplishments of BanklessDAO in just one year. Enjoy!
Author: Hiro Kennelly
Diving into the ins and outs of the Optimism OP token, this article examines how it strategically reframed what an airdrop can look like and what participating in a DAO can mean. Aligned with Ethereum's ethos of permissionless building, Optimism (which is a Layer 2 Rollup on the Ethereum blockchain) has set a new bar in public goods-based organizations. Take a tour de force of the future!
Analogizing a DAO to an OS, this article makes the case for the bugs, features, and potential improvements therein. Touching on themes like self management, wholeness, and even evolutionary purpose, siddhearta takes us on a journey inside the human supercomputer.
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