🔍
RnDAO workspace
/
🛡️
School DAO
/
🗄️
Old Notion Archive HTML version
/
Learning Plan Version 4 0 6f778b44ad3749efbd6ef9e5fc8099d2

Learning Plan Version 4 0 6f778b44ad3749efbd6ef9e5fc8099d2

Learning Plan Version 4.0
Main topics to cover:
  1. Centralization v decentralization
  1. Money
  1. Blockchain/distributed ledger tech
  1. Web 3 meaning/concepts and application
  1. Web3 and blockchain sectors:
    1. DeFi and ReFi
    2. NFTs
    3. Metaverse
    4. DAOs, governance and their use cases: Constitution DAO, KrausHousDAO (buy sports team), Ukraine DAO, Climate DAO, Friends with benefits and other social DAOs
    5. Tokenomics
  1. Program Intro:
    1. THE ISSUE AND THE HISTORY Frame the issues web3 is trying to solve:
      1. Centralization and power structures in today’s society (censorship and trust?)
      2. Rent takers and extraction focused business models ie. Banks and finance, big tech and data monopolies/oligopolies
      3. Ownership of capital and management of the commons
    2. Evolution of the web - web 1, 2 and now 3. Meaning and features of each
    3. Current web2 state of affairs -
      1. Centralization of ownership (make reference to centralization historiclly - kings, etc?)
      2. Excessive power base and value extraction business models
      3. Privacy and data issue
    4. Enter web3, values inc:
      1. Decentralization
      2. Transparancy
      3. Ownership and control
      4. Censorship resistant
      5. Open source
  1. Money
    1. History;
      1. Bartering
      2. First examples of Money - Chineese coins and cash (800BC) - In God We Trust v’s Counterfeiters will be decapated
      3. Properties of a (good) currency:
        1. Store of value (could be a commodity like salt, livestock, gold and silver etc)
        2. Medium of exchange, recognized and TRUSTED by all using a system
        3. Fungible
        4. Divisible
        5. Verifiable
        6. Non-inflationary
        7. Portable
      4. Rise of FIAT (from Latin for Let It Be So)
        1. To solve issues like convenience (gold is not transportable in qty) and give govt more control
        2. US and UK cancel the gold standard in 1939s
        3. Issues inc:
          1. Inflation via money printing - gov manipulation
          2. Forgery
          3. Foreign exchange rates and bank fees
      5. Enter BTC
        1. In response to 2008/9 Crash and govt responses
        2. Main features of BTC (and most crypto currencies)
          1. Digital currency secured by cryptography to make it difficult to forge or double spend via distributed ledger tech
          2. Decentralized control of network (free from govt manipulation)
          3. Relatively friction-less, no need for rent taking intermediaries
          4. Payments should be fast and cheap **
          5. Transparant public ledger
          6. Scarcity (for BTC anyway)
        3. Issues to consider:
          1. New tech, risks not fully understood (John Oliver ‘Crypto currencies rep everything your don’t know about money combined with everything you don’t know about computers)
          2. Human error - lose your seed-phrase etc
          3. Hackers and scams
      6. Enter Eth - programmable money:
        1. DeFi
        2. CEX and DEX
  1. The tech
    1. History of communication over distances
      1. Marathon runners deliver messages in ancient Greece
      2. Smoke signals
      3. The mongols and then the pony express
      4. Telegram
      5. Phone
      6. Radio
      7. Satallites
      8. The internet - Tim Bernard Lee’s original idea for a free internet
        1. Non-discriminatory
        2. Consensus
        3. Decentralized
        4. Censorship resistant
    2. Cryptography and consensus
      1. Why would you need to hide the meaning of a message (protect against an enemy, sensitive info, privacy etc)
      2. History of cryptography - cyber punks, digigold, e-cash?
    3. Enter Bitcoin
      1. How BTC took many ideas already in the public domain to create the first widely used digital currency
      2. So how does it work:
        1. BTC White Paper main features:
          1. Limited supply
          2. Decentralized money
          3. Distributed ledger
          4. Proof of work consensus
      3. Pros:
        1. Network effects
        2. Truly decentralized - removes need for 3rd party and the rent/value capture associated
        3. Security
        4. Boarder-less - foreign remittances
      4. Cons:
        1. Scaling (the bitcoin trilemma)
        2. Limited application outside of finance
        3. Energy consumption fears (coal v renewables?)
        4. Programmable applications
          1. Eth and the EVM - smart contracts examples: If A happens, then B is triggered (again taking away need for 3rd party)
            1. 1st example of smart contracts inc vending machines
            2. Use cases now inc. any sale requiring a contract
            3. ERC-20, soul bound, NFTs
          2. Pros:
            1. New forms of orgs
            2. Explosion of use cases
            3. Community and creator ownership
            4. Banking the unbanked and democratization of finance
          3. Cons:
            1. Gas fees
            2. Issues with centralization of ownership/control currently favoring VC’s, founders and early adopters
          4. New consensus mechanisms - POW, POS, Proof of Humanity, Proof of location etc
          5. Rise of DeFi
        5. Security and safety:
          1. How do you manage your crypto assets
            1. CEX -
              1. Pros
                1. Easy user interface
                2. Fiat on ramps
                3. Customer support - loose ur password is not an issue
              2. Cons
                1. Not ur keys not ur tokens - ownership
                2. Privacy
                3. Centralization issues
            2. Hot wallets and cold wallets - differentiate
              1. DID wallets, to inc. your edu experience/courses and certs, work exp etc.
              2. Pros
                1. Opposite of above
                  2. Risks: Loss of keys, hackers,
                  SCAMS and RUG PULLS
                2. DAOs
                  1. Constitution DAO - what was is and how did it work
                  2. What is a DAO
                  3. Why decentralize
                  4. Use cases (Crowdfunding DAOs: Krause Haus ; Social DAOs: Bored Apes Yacht Club; Grant DAOs: Gitcoin ; Social Impact DAOs: ClimateDAO, VitaDAO ; Philantropic DAOs: UkraineDAO; Protocol DAOs: Maker)
                  5. How DAOs work:
                    1. Governance process - provide some models/examples
                      1. Mission
                      2. Stakeholders
                      3. Charter
                      4. Proposal and voting process
        6. Fun web3 use cases
          1. DeFi:
            1. AAVE or Lido Finance
            2. Play to earn
          2. NFTs:
            1. Board Ape Project
            2. Opensea
            3. POAPs
            4. Projects being developed inc
              1. Use in patents (music, intelectual property etc)
              2. Contracts
          3. Metaverse:
            1. Decentraland/Sandbox
            2. Meta and corporate use cases - the future of work???
🔍
RnDAO workspace
/
🛡️
School DAO
/
🗄️
Old Notion Archive HTML version
/
Learning Plan Version 4 0 6f778b44ad3749efbd6ef9e5fc8099d2

Learning Plan Version 4 0 6f778b44ad3749efbd6ef9e5fc8099d2

Learning Plan Version 4.0
Main topics to cover:
  1. Centralization v decentralization
  1. Money
  1. Blockchain/distributed ledger tech
  1. Web 3 meaning/concepts and application
  1. Web3 and blockchain sectors:
    1. DeFi and ReFi
    2. NFTs
    3. Metaverse
    4. DAOs, governance and their use cases: Constitution DAO, KrausHousDAO (buy sports team), Ukraine DAO, Climate DAO, Friends with benefits and other social DAOs
    5. Tokenomics
  1. Program Intro:
    1. THE ISSUE AND THE HISTORY Frame the issues web3 is trying to solve:
      1. Centralization and power structures in today’s society (censorship and trust?)
      2. Rent takers and extraction focused business models ie. Banks and finance, big tech and data monopolies/oligopolies
      3. Ownership of capital and management of the commons
    2. Evolution of the web - web 1, 2 and now 3. Meaning and features of each
    3. Current web2 state of affairs -
      1. Centralization of ownership (make reference to centralization historiclly - kings, etc?)
      2. Excessive power base and value extraction business models
      3. Privacy and data issue
    4. Enter web3, values inc:
      1. Decentralization
      2. Transparancy
      3. Ownership and control
      4. Censorship resistant
      5. Open source
  1. Money
    1. History;
      1. Bartering
      2. First examples of Money - Chineese coins and cash (800BC) - In God We Trust v’s Counterfeiters will be decapated
      3. Properties of a (good) currency:
        1. Store of value (could be a commodity like salt, livestock, gold and silver etc)
        2. Medium of exchange, recognized and TRUSTED by all using a system
        3. Fungible
        4. Divisible
        5. Verifiable
        6. Non-inflationary
        7. Portable
      4. Rise of FIAT (from Latin for Let It Be So)
        1. To solve issues like convenience (gold is not transportable in qty) and give govt more control
        2. US and UK cancel the gold standard in 1939s
        3. Issues inc:
          1. Inflation via money printing - gov manipulation
          2. Forgery
          3. Foreign exchange rates and bank fees
      5. Enter BTC
        1. In response to 2008/9 Crash and govt responses
        2. Main features of BTC (and most crypto currencies)
          1. Digital currency secured by cryptography to make it difficult to forge or double spend via distributed ledger tech
          2. Decentralized control of network (free from govt manipulation)
          3. Relatively friction-less, no need for rent taking intermediaries
          4. Payments should be fast and cheap **
          5. Transparant public ledger
          6. Scarcity (for BTC anyway)
        3. Issues to consider:
          1. New tech, risks not fully understood (John Oliver ‘Crypto currencies rep everything your don’t know about money combined with everything you don’t know about computers)
          2. Human error - lose your seed-phrase etc
          3. Hackers and scams
      6. Enter Eth - programmable money:
        1. DeFi
        2. CEX and DEX
  1. The tech
    1. History of communication over distances
      1. Marathon runners deliver messages in ancient Greece
      2. Smoke signals
      3. The mongols and then the pony express
      4. Telegram
      5. Phone
      6. Radio
      7. Satallites
      8. The internet - Tim Bernard Lee’s original idea for a free internet
        1. Non-discriminatory
        2. Consensus
        3. Decentralized
        4. Censorship resistant
    2. Cryptography and consensus
      1. Why would you need to hide the meaning of a message (protect against an enemy, sensitive info, privacy etc)
      2. History of cryptography - cyber punks, digigold, e-cash?
    3. Enter Bitcoin
      1. How BTC took many ideas already in the public domain to create the first widely used digital currency
      2. So how does it work:
        1. BTC White Paper main features:
          1. Limited supply
          2. Decentralized money
          3. Distributed ledger
          4. Proof of work consensus
      3. Pros:
        1. Network effects
        2. Truly decentralized - removes need for 3rd party and the rent/value capture associated
        3. Security
        4. Boarder-less - foreign remittances
      4. Cons:
        1. Scaling (the bitcoin trilemma)
        2. Limited application outside of finance
        3. Energy consumption fears (coal v renewables?)
        4. Programmable applications
          1. Eth and the EVM - smart contracts examples: If A happens, then B is triggered (again taking away need for 3rd party)
            1. 1st example of smart contracts inc vending machines
            2. Use cases now inc. any sale requiring a contract
            3. ERC-20, soul bound, NFTs
          2. Pros:
            1. New forms of orgs
            2. Explosion of use cases
            3. Community and creator ownership
            4. Banking the unbanked and democratization of finance
          3. Cons:
            1. Gas fees
            2. Issues with centralization of ownership/control currently favoring VC’s, founders and early adopters
          4. New consensus mechanisms - POW, POS, Proof of Humanity, Proof of location etc
          5. Rise of DeFi
        5. Security and safety:
          1. How do you manage your crypto assets
            1. CEX -
              1. Pros
                1. Easy user interface
                2. Fiat on ramps
                3. Customer support - loose ur password is not an issue
              2. Cons
                1. Not ur keys not ur tokens - ownership
                2. Privacy
                3. Centralization issues
            2. Hot wallets and cold wallets - differentiate
              1. DID wallets, to inc. your edu experience/courses and certs, work exp etc.
              2. Pros
                1. Opposite of above
                  2. Risks: Loss of keys, hackers,
                  SCAMS and RUG PULLS
                2. DAOs
                  1. Constitution DAO - what was is and how did it work
                  2. What is a DAO
                  3. Why decentralize
                  4. Use cases (Crowdfunding DAOs: Krause Haus ; Social DAOs: Bored Apes Yacht Club; Grant DAOs: Gitcoin ; Social Impact DAOs: ClimateDAO, VitaDAO ; Philantropic DAOs: UkraineDAO; Protocol DAOs: Maker)
                  5. How DAOs work:
                    1. Governance process - provide some models/examples
                      1. Mission
                      2. Stakeholders
                      3. Charter
                      4. Proposal and voting process
        6. Fun web3 use cases
          1. DeFi:
            1. AAVE or Lido Finance
            2. Play to earn
          2. NFTs:
            1. Board Ape Project
            2. Opensea
            3. POAPs
            4. Projects being developed inc
              1. Use in patents (music, intelectual property etc)
              2. Contracts
          3. Metaverse:
            1. Decentraland/Sandbox
            2. Meta and corporate use cases - the future of work???