Dear Bankless Readers 🏴

Happy New Year! 2022 was a fabulous year for quality educational web3 content, and BP is proud to have added to that mix. Through the Bankless Publishing brand, we’re thrilled to be growing and expanding BanklessDAO’s voice and impact in the cryptoverse.

Our oft-stated goal is to further increase education and awareness about key concepts and emerging trends within the crypto industry. In 2023, we will continue to seek out and support new and established authors who write original and insightful content, as well as ensuring our readers are kept informed, challenged, and engaged.

This recap is a convenient way to access all our recent articles, but if you prefer to read Bankless Publishing while it’s sizzling hot off the press, follow us on Twitter or come and join us in Discord.

Contributors: Trewkat, Frank America, Kornekt, oxdog.eth, Puretayo, HiroKennelly, 

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.

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✍️ Article Summaries

Cardano vs. Ethereum

Author: Vi-Fi | Editors: Kornekt & Hiro Kennelly

Although Charles Hoskinson was a crucial part of building Ethereum, he believed he could innovate in ways that weren’t represented in that L1, so he created his own, called Cardano. Cardano differentiates itself from Ethereum in being the first peer-reviewed blockchain, and he has positioned Cardano in the L1 market with this ‘academic’ angle. Is this so-called “Ethereum killer” all it’s cracked up to be?

“As smart-contract enabled blockchains, Cardano and Ethereum have similar use cases, although they offer their utility through different means and will continue to tread separate paths. Ethereum is much more established in terms of user base, transaction volume, developer community, and smart contract functionality… While Ethereum is ahead of Cardano on these metrics, Cardano is currently more scalable, with faster transaction processing times and lower fees.”

Read the full article to learn more about the differences in the two chains’ tokenomics, consensus models, staking, and coding languages. 

Solving the Compensation Puzzle

Author: Jake and Stake | Editor: Kornekt

Compensation models have traditionally been used to incentivize employees to focus on results, and reduce variables such as time-cost. How do typical compensation models like commission, profit sharing, bonuses, and stock options work when held up against the workings of a DAO? 

“Humans want to be valued, and compensation structures like [bonuses and commission] make value explicit through the receipt of direct and specific rewards. If implemented well, this could lead to a culture of high performance within DAOs. Smart contracts have created the opportunity to design our own incentive structures, and variable compensation is another tool that we can experiment with.”

Learn more about how smart compensation structures can bring these new decentralized organizations to another level.

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