A really good framework for assessing crypto assets.
Naval Ravikan on tokens (2014).
The post explains ways of quantifying decentralization (minimum Nakamoto coefficient ). Highly technical.
The analysis of cons of on-chain governance.
"In a potential future where whole organizations are governed by smart contract code, there is an immense need for proper security"
One of the biggest traps for both investors & founders in crypto these days is the endless stream of conferences. It's easy to go from one to the next feeling like you're doing work,& not actually accomplishing anything. Most of the meaningful work is done at home, unglamorously.
A thorough and sober look at blockchain and its potential.
"This post describes why blockchain governance design is one of the most important problems out there, its critical components, current approaches, potential future approaches, and concludes with suggestions for the community."
Vitalik Buterin explains architectural, political and logical types of decentralization. He digs into three reasons for decentralisation: fault tolerance, stack resistance and collision resistance.
Nick Shabo's prehistoric (1997) piece on tokens.
Bitcoin: a digital currency with known & limited supply, an open global network, and not controlled by politicians. US Dollar: a digital currency with unknown & unlimited supply, a highly restricted territory-based network, and controlled by politicians. Which will win, longterm?
ERC20 token, ERC721, Approve() / Transform(), Bonded Curve Token, Curation Market, Liquid Token, Market Maker and Token Curated Registry explained.
Balaji S. Srinivasan's deep analysis of tokens.