Making Sense of Based Rollups on Bankless
"If we could re-architect all asset ownership systems today without any historical baggage, how would we do it? On a technical basis, the answer is actually quite clear (if you don’t fully understand the next paragraph, that’s ok):
Kyle Samani • $100 Trillion
the integrity of a distributed peer-to-peer system of ledgers is found in its ability to make true statements about ownership and to ensure that only the lawful owner can transfer his or her property rights to others.
Daniel Drescher • Blockchain Basics: A Non-Technical Introduction in 25 Steps
One key concept is that a token’s codebase is different from its blockchain database. As an offline analogy, imagine if the US banking infrastructure was repurposed to manage Australian dollars: both are “dollars” and have a shared cultural origin, but a completely different monetary base. In the same way, two tokens may use similar codebases (mone... See more
Balaji S. Srinivasan • Thoughts on Tokens
HackMD: Your Collaborative Markdown Workspace for Knowledge Sharing
That said, the web3 experience still remains complex and confusing to all but the most technical or committed. By baking money into the protocols themselves, web3 has been able to bootstrap demand further ahead of user experience than the paradigms of the past, but that won’t be enough to cross the chasm.
notboring.co • The Interface Phase
