Bankless DAO - 7 Favorites From the BP Stacks
Cover PageAfter reading and shipping more than 200 articles over the last couple of years, the Bankless Publishing team decided we would each pick out a few favorites. The seven featured here are my choices — articles that impressed me because they guide the reader towards something new. The through line in particular, is our raison d’etre at BP, they are pieces that educate well. They’re in no particular order, but we all love a countdown so here goes: 7. Tokenomics 101: Bitcoin & EthereumThis classic from Florian Strauf is one of the most viewed pieces on our website to date. In his series of tokenomics pieces, Strauf covered Thor Chain, Terra, Kilt Protocol, and BanklessDAO… but before he did all that he wrote a 101 crash course on Bitcoin and Ethereum. I can’t think of a better explainer to send to a person who has never heard of cryptocurrency or tokenomics. “Like a central bank applying monetary policy to control its currency, tokenomics applies policies to cryptocurrencies. These policies are the core of a currency. Without carefully thinking through the rules, the currency is likely to fail. The rules of tokenomics are implemented through code and are quite difficult to alter as they require agreement from many network participants.” This piece is complete with charts and graphs and all the stats you need to get the skinny on bitcoin and ether. It discusses bitcoin’s supply issuance, the hard cap of 21M, and its valuation, then rolls through Ethereum’s progress towards proof-of-stake consensus. Although this article pre-dates The Merge, in fact because it does, it’s a great read. If you’re wondering where and how to teach your friend about cryptocurrency, hit ’em with Tokenomics 101: Bitcoin & Ethereum. 6. Friend.Tech is Saving TwitterWhat’s amazing about this piece isn’t just that BP did an interview with one of the biggest influencers on Friend.Tech (Captain Levi), but it is our exploration of the technology itself as it was only days following the launch. This piece is a historical record of the first time someone essentially put Twitter onchain and charged eth to follow people. “No content creator has to sell bullshit merch anymore. No content creator has to accept bullshit ads and sponsors who are only interested in monetizing their fan base. Every content creator can just obsess over the content they loved to create in the first place and your fans will literally fight for you. If I did it in five days, you can do it too. Let’s save Twitter together, starting with obsessing on content.” Who knows if this particular attempt will turn out to be the Facebook or the MySpace of social-fi, but either way we’re glad we were at the cutting edge to document it. Tip of the hat to my colleague at BP, Hiro Kennelly, who had the fortitude (and the ETH) to dive into that novelty world, kick around, and ask questions, and met Levi in the process. Get savvy on Friend.Tech and maybe make some ether while you’re at it. Please continue reading on our website |
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