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Decentralize all
the things
stefan adolf | @stadolf
https://is.gd/decentral
Why Bitcoin is the largest Ponzi
scheme in human history
Bitcoin is a ‘dangerous
speculative bubble,’ Yale expert
says
Bitcoin Is Ridiculous.Blockchain Is Dangerous
You Do Not Need Blockchain: Eight Popular
Use Cases And Why They Do Not Work
Here's Why You Don't
Need Blockchain
The Dunning Kruger effect
blockchain ~= event store
a looooong list of ordered transactions
kept by a huge network, secured by a consensus mechanism
7 inspirations
1. Money & Currency
crypto trading & Decentralized Finance Products (DeFi)
payment transactions
simple, transparent, international
super fast: Lightning network / Raiden
crowd funding, ICOs
3rd world micro payments, credits and banking systems
Stable Coins (DAI, Libra)
There are poor ideas,
bad ones and
Facebook's Libra
The Real Threat From
Facebook's Libra Coin
Facebook’s LibraCryptocurrency: Bad for
Privacy, Bad for
CompetitionWhy Facebook’s Libra
Cryptocurrency Will Be
ad For Everyone
Why Facebook’s New
Libra Coin is Good — and
Really Bad — for the
World
2. Data
unlock data silos (e.g. Spotify)
decouple data sources from data sinks
create new value chains on data
near realtime, public data distribution
earn tokens for data ingestion
let others make sense of your data
see what Spotify saved about you...
… and only they can utilize! @stadolf
3. Identity
maintain your very own self sovereign identity
let others prove identity fragments by verifiable claims
works across ledgers (DID)
get rid of centralized traceable user profiles
eliminate need for password authentication
only disclose data that’s mandatory for a use case
4. Assets & Ownership
ERC721 / Non fungible tokens (NFT)
proof of ownership
real estate, fine arts, concert tickets, diamonds
IoT: digital twins
ticket markets / maximum price regulations
trading of unique crypto assets
“everything that you consider paying for
has a price and therefore a value”
@stadolf
5. Computation
monetize idling CPUs
perfect for “serverless” computing / FaaS
earn tokens for offering computing resources
spend tokens for using resources
perform computation on encrypted data (!)
@stadolf
6. Organizations
decentralized autonomous organizations (“DAOs”)
organizational transparence
minimal costs of governance
unstoppable (not even by Putin, Erdogan or Trump!)
rules are set by token holder’s votes, stakes and reputation
+ networks of DAOs can control each other
= decentralized jurisdiction (Aragon Court just out!)
@stadolf
7. Society
vote in public elections with your own identity
include people’s opinion on governments’ decisions
move public infrastructure into trusted, uncompromisable networks
healthcare, transport, insurances, ecology, public real estate,...
develop independent solutions
faster, better UX, network effects!
utilize open governmental data
@stadolf
Which Governments Are
Using Blockchain Right Now?
How is the UK
government using
blockchain?
Deloitte 2019
Global Blockchain
Survey
The Race is On: How
Blockchain Will Change
Governments
September 2019
German government adopts blockchain strat
egy
This is really
going to
happen!
Getting started
no need to deeply understand “crypto” or “consensus”
everything meaningful is built on Ethereum smart contracts
+ install Metamask, lookup OpenZeppelin, Solidity, ERC20/721
most things only require frontend skills / Javascript!
understand decentralized storage (and Oracles)
+ IPFS, Arweave, StorJ, Chainlink
earn Open Source bounties on Gitcoin
consider starting with an “out of the box” solution (Blockstack, 3box)
see what’s there: https://www.stateofthedapps.com/ /
https://app.co/
and remember Dunning-Kruger...
thank you @stadolf
https://is.gd/decentral

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Decentralize all the things

  • 1. Decentralize all the things stefan adolf | @stadolf https://is.gd/decentral
  • 2.
  • 3. Why Bitcoin is the largest Ponzi scheme in human history Bitcoin is a ‘dangerous speculative bubble,’ Yale expert says Bitcoin Is Ridiculous.Blockchain Is Dangerous You Do Not Need Blockchain: Eight Popular Use Cases And Why They Do Not Work Here's Why You Don't Need Blockchain
  • 5. blockchain ~= event store a looooong list of ordered transactions kept by a huge network, secured by a consensus mechanism
  • 7. 1. Money & Currency crypto trading & Decentralized Finance Products (DeFi) payment transactions simple, transparent, international super fast: Lightning network / Raiden crowd funding, ICOs 3rd world micro payments, credits and banking systems Stable Coins (DAI, Libra)
  • 8. There are poor ideas, bad ones and Facebook's Libra The Real Threat From Facebook's Libra Coin Facebook’s LibraCryptocurrency: Bad for Privacy, Bad for CompetitionWhy Facebook’s Libra Cryptocurrency Will Be ad For Everyone Why Facebook’s New Libra Coin is Good — and Really Bad — for the World
  • 9. 2. Data unlock data silos (e.g. Spotify) decouple data sources from data sinks create new value chains on data near realtime, public data distribution earn tokens for data ingestion let others make sense of your data see what Spotify saved about you... … and only they can utilize! @stadolf
  • 10. 3. Identity maintain your very own self sovereign identity let others prove identity fragments by verifiable claims works across ledgers (DID) get rid of centralized traceable user profiles eliminate need for password authentication only disclose data that’s mandatory for a use case
  • 11. 4. Assets & Ownership ERC721 / Non fungible tokens (NFT) proof of ownership real estate, fine arts, concert tickets, diamonds IoT: digital twins ticket markets / maximum price regulations trading of unique crypto assets “everything that you consider paying for has a price and therefore a value” @stadolf
  • 12. 5. Computation monetize idling CPUs perfect for “serverless” computing / FaaS earn tokens for offering computing resources spend tokens for using resources perform computation on encrypted data (!) @stadolf
  • 13. 6. Organizations decentralized autonomous organizations (“DAOs”) organizational transparence minimal costs of governance unstoppable (not even by Putin, Erdogan or Trump!) rules are set by token holder’s votes, stakes and reputation + networks of DAOs can control each other = decentralized jurisdiction (Aragon Court just out!) @stadolf
  • 14.
  • 15. 7. Society vote in public elections with your own identity include people’s opinion on governments’ decisions move public infrastructure into trusted, uncompromisable networks healthcare, transport, insurances, ecology, public real estate,... develop independent solutions faster, better UX, network effects! utilize open governmental data @stadolf
  • 16. Which Governments Are Using Blockchain Right Now? How is the UK government using blockchain?
  • 17. Deloitte 2019 Global Blockchain Survey The Race is On: How Blockchain Will Change Governments
  • 18. September 2019 German government adopts blockchain strat egy
  • 19. This is really going to happen!
  • 20. Getting started no need to deeply understand “crypto” or “consensus” everything meaningful is built on Ethereum smart contracts + install Metamask, lookup OpenZeppelin, Solidity, ERC20/721 most things only require frontend skills / Javascript! understand decentralized storage (and Oracles) + IPFS, Arweave, StorJ, Chainlink earn Open Source bounties on Gitcoin consider starting with an “out of the box” solution (Blockstack, 3box) see what’s there: https://www.stateofthedapps.com/ / https://app.co/