The BlockBeats editorial board recommends weekly reading

In a down market, we move away from fickle stories and back to content. The guys at BlockBeats are here to give readers their picks, and why. You can also join the BlockBeats community and Discord for discussion. This recommendation is only for exchange and learning, not for any investment advice. If you also have a good article recommendation, welcome to contact us through the following way.

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The following is the editorial recommendation of this issue

Recommend the articleLightspeed Democracy: What Web3 Organizations can Learn from the History of Governance 

References:Than a pan

Recommended reasons:Written by Andrew Hall, professor of political economy and blockchain protocol consultant at Stanford Graduate School of Business, and Porter Smith, trading partner at A16Z Crypto Team, this article discusses what lessons Web3 can learn from the past of democracy and corporate governance. To build a more effective political system by:

- Moving from direct to representative democracy to alleviate low voter participation and lack of information;

- Establishing clearer governance bodies that go beyond simple token-based voting to represent all stakeholders;

- Authorized representatives provide monitoring and audit functions to build trust among all participants.

At the same time, a Web3 organization should not stop there; it can go further and faster than traditional forms of governance. In the physical world, experiments in democracy are slow, and it can take decades or even centuries to figure out whether one form of constitution is better than another; But in Web3, protocols run constant experiments to develop and test new representations, creating the potential for faster governance cycles.

And when Web3 is combined with democratic tools, blockchain's ability to organize becomes even more powerful, because democracy offers the possibility that property rights and systems around them will persist in code into the future. Together they offer the opportunity to create well-managed platforms that can unlock new economic activity by making credible and enduring commitments to counterparties, and these qualities make Web3 a valuable laboratory for democratic governance.

Recommended article:Are assets really transferred when you cross the chain?"

References:Crescent (@ 0 xcrescent)

Recommended reasons:This article left a deep impression on me. It started from the bottom of the basic logic of cross-chain and sorted out the different processes of casting different cross-chain assets. Read each cross chain project after the white paper, you will find that each project across the chain has different narrative methods, read it becomes more complicated, this article use simple language to each type of cross chain project comb is very clear, with a lock casting model with two-way pool two types sums up the whole track across the chain, make the reader can see the essence through the phenomenon, Bring a different reading experience.

Recommended article:How do you screen out tokens that are likely to perform flat in a bear market?"

References:Bob

Recommended reasons:At least three aspects. 1. Low circulating tokens may bear additional structural selling pressure. 2. Daos that still hold a lot of native tokens may be forced to sell their tokens to raise funds. 3. Protocols that seriously damaged user trust.

Recommended articles:Don't worry, we can't achieve decentralized autonomy.

References:Sunday

Recommended reasons:An article about DAO written by the post-00s generation has been widely circulated in wechat moments. The logic and structure of the article are good, even for readers with a poor knowledge base. In addition, combined with the author's own experience, the author sorted out the perception of working in the field of DAO in All in Web3. The first chapter starts with a detailed description of what DAO is, and raises questions about the obstacles that DAO will encounter in its development, and then proposes several ways to solve the problems. Both a primer on DAO and a discussion starter. The title seems a bit radical, but the content is worth learning and reading.

Recommended article:GBTC is perhaps the biggest scam in bitcoin's history"

References:0x711

Recommended reasons:This post was published on January 13, 2021, when BTC was at its peak. This article to the market at that time optimistic "gray cattle" poured a basin of cold water, said GBTC mystique. A year and a half later, considering the news of the collapse of Sanjian Capital and GBTC's long-term discount and the rejection of the conversion of spot ETF, I have some feelings when looking back at this article.

Recommend this article is not only to kick the can down GBTC, but want to illustrate a point: bull market when people are boiling, we need to give yourself a basin of cold water, let yourself calm. Similarly, when the bear faith collapses, we still need to look forward with a little faith.

Recommended articles:The Rise of Cryptocurrencies in Higher Education

References:Ashley

Recommended reasons:The article is based on coinbase's data survey analysis that 42 percent of the world's top 50 universities offer at least one course on cryptocurrencies or blockchain. The number of participating students and departments is also increasing. A growing number of US students believe that learning about cryptocurrencies will help them in their future career choices and breakthrough theoretical research. Present the development trend of the future cryptocurrency audience based on data facts.

Recommended articles:What mainstream Web3 Funds have Been Investing in recently

References:Zhang asked

Recommended reasons:It is very good to sort out that the scale of investment events is no bigger than that of bull market and bear market. It is easier to see the focus and direction of institutions in the investment map

Recommended articles:How to Build an Open Source Project and Make money?

References:0x137

Recommended reasons:"Public infrastructure" is an important concept in Web3.0. Common links, AMM, and prophets are just the tip of the iceberg. The development of Web3.0 in information aggregation, content indexing, and distribution also needs infrastructure support. But in most people's eyes, building such "infrastructure" is no different from philanthropy: it is mostly open source, has no clear economic or profit model, and is "a fool's business".

But that's not the case. Open Source Software can have its own moat and monetization model. In this article, we can learn about the definition and history of OSS, its potential moat and economic value, and the prospects for investing in OSS.

Recommended articles:NFT Financialization, Challenges and Opportunities

References:Laughing

Recommended reasons:NFT is a huge innovation in the crypto market, but it has always been relatively inefficient in capital. This article from the current market of NFT all kinds of products and infrastructure, the lending agreement of NFT, valuation, leasing market is how to solve the low NFT asset liquidity and price discovery is insufficient, and explained that two key limit, for NFT importance of financialization, current challenges and future direction put forward its own thinking.

Recommended articles:Sun Guofeng: Origin, Development and Application of the Theory of Creating Deposits through Loans

References:0x76

Recommended reasons:This week I recommend an article about how the traditional banking system creates money. Its core idea can be summarized as follows: "The modern banking system creates deposits by making loans, not by making loans as commonly understood." I recommend this article because a better understanding of how money is created in the traditional banking system will be of great help in understanding and even stabilizing the cryptocurrency market.

But to be honest, the readability of this article is really a bit poor, the average reader is probably unable to chew down. So here also dig a hole for myself, the accumulation of the future is almost the same, I am going to use the discourse system of the encryption circle to re-describe the currency casting way of the modern banking system, and strive to make all the people who fry money can understand.

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