Ama Online Workshop x Second Reading of Blockchain Sociology & Thoughts after Guided Reading

First of all, preparing for the reading meeting has some different feelings from reading this book for the first time, so it will be different from the reading experience I wrote after reading it before, but I do not deny that it is for the sake of coin XD, and I also hope to see this participation. The experience of the reading staff, because they want to hold a reading meeting, on the one hand, they want to hear more about the thoughts of different people, but I still feel that the discussion part is relatively small, and most of them are questions and answers. Maybe it can be seen in the experience. to this part? !

Thoughts after reading

In this reading meeting, I mainly read the fifth chapter, which is the chapter on blockchain and governance.

In addition to the official online guide, we conducted three private drills in this reading session. During the process, I also reviewed the other content in the book. Interestingly, because it was for guide reading, what was extracted from each person? The key point is that you can find that the opinions of the members are slightly different, so I am also looking forward to receiving more opinions from different directions when it is official. Because of this expectation, it also affects the content of my guide, except that it is not long. In addition to not being able to say too much, I also want to leave more space for discussion and extension, but on the one hand, it is a bit of a dilemma, because I think that some participants may not have read the book, and I am worried that people who have not read the book will not be able to speak Understanding leads to no discussion, it's so hard to give birth to a cat!

After the chapter is complete I have prepared a few discussion questions:

1. In what contexts is autonomous identity important?
   The book cites the example of decentralizehk activities, opening a wallet on the blockchain does not require anyone's permission, and can fully control the autonomy of personal identity.
   
2. What do you think about DAOs?
   The core of DAO is decentralized governance . Under what circumstances is it suitable for decentralized governance? what is the benefit? harm?
   
3. What do you think about stablecoins?
   Because decentralizehk promotes payment in USDC, combined with the UST de-coupling event a while ago, combined with current events, we will discuss the difference between algorithmic stablecoins and secured stablecoins.
   
4. What does your imagined blockchain republic look like?
   You can cut in from the application side, the governance side or any angle...
   

The focus of raising these questions is extension. I hope that these questions can be expanded a little more, because they are also extended from the content of the guide, so I didn't expect that... I need to explain the problem, which hurts me for a while. I don't know how to explain it 😂, and I will ask after the meeting whether to hold a book club next time, should the question be announced first, so that those who have read books can prepare it in advance for better discussion?

This time, it was two reading sessions, each guided reading for 1 hour and discussed for 30 minutes. As a result, the final discussion part was dragged to 1 hour. It seems that the discussion time can be designed to be more flexible, but these two times are still more about asking questions. There is still less place for interactive discussions😭, in fact, cats are so lazy and don’t want to talk too much!

Blockchain and Governance

The first chapter of this book is an explanation of terms, but the content is related to the following chapters. The first chapter can be regarded as a guide, the second chapter brings some technical aspects of the blockchain, and the third chapter is probably an explanation How the blockchain creates value [it should be able to say why cryptocurrencies are valuable], Chapter 4 brings the valuable part of LikeCoin and creation, Chapter 5 talks about governance, I think it is very suitable for newbies who are new to the currency circle. After reading this book, I have some concepts about what the blockchain can do, and how the blockchain can solve some problems. My understanding is that the blockchain provides an infrastructure, and how to use it is still Look at people [founding team], so it's not just about issuing coins.

Here are a few things I see in the chapter on blockchain and governance.

The importance of decentralization?

In addition to the examples of decentralizehk activities in the book, as well as the example of Argentina seen in the ethereum raid, some people really need an account [wallet] that is not controlled by any organization or government and can be fully controlled by themselves, whether they are afraid of being attacked Accounts are restricted [can't receive money, can't exchange freely], or the local currency fluctuates greatly or inflation is very high... etc. In addition, it is to prevent the exploitation of large platforms, such as the platform extracting high fees, commissions, or Restricting entry barriers, or various conditions... etc., blockchain technology may be a good prescription to face these problems.

However, for some people, the advantages of this feature may not be obvious. Maybe for these people, their platform is very trustworthy. I think it is better to look at this matter from another angle. It is not very good for us to have multiple choices . Happy one thing? Is that sentence, only children make choices ?

The core value of blockchain is decentralization? But not every blockchain is decentralized!

On the blockchain, it is easy to achieve technical decentralization, but the governance part is still inseparable from people. It is a question of whether the development team is willing to let the governance part be achieved through group consensus. On the other hand, it is necessary to participate in People who are willing to participate in governance are a bit like the process of democratization in the real world. How does a governed community allow people in the community to be willing to participate in discussions and vote to reach a consensus to decide whether the development of the chain still requires education and management.

keep an open heart

The last chapter of the official content of the book mentions that legal currency VS cryptocurrency does not need to replace each other, but can complement each other [also applies to centralized governance and DAO], I have always felt that technology always comes from human nature [ To borrow the words from the advertisement 😂], in a word, blockchain technology is used to solve problems. Maybe it is suitable in some places, and maybe it has no advantages in some places. Another solution is to keep an open mind and face this ever-changing world. If you are interested in blockchain governance, why not start voting on the LikeCoin proposal? Welcome to the courses related to the Ama online workshop [Huh? ! And 📣 Placement marketing? 🤣].

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