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Aug 19, 2022 32 tweets 9 min read Read on X
1/ On Solving Problems On-Chain

So, conventionally, this is about the time I'd start a podcast.

But I prefer bold experiments so I've been chasing partners and people all summer to try something that has never been done before

What is that?
2/ This fall, with the help and forebearance of the teams at @unicmetaverse and @oncyber, and the most amazing roster of guests and instructors, a team of us are going to try to run a university course 100% on-chain and in @OM100m.

What does this mean "on-chain?"
3/ What it means is that someone will be able to enroll in, attend the course, attend the lectures, graduate from the course and do it 100% with NFTs as the database of record (no centralized database).

It is hard to do!
4/ Let me get the basics out first because @unicmetaverse already tweeted them and then come back to the "what does on-chain mean"

The course is here:
unic.ac.cy/openmetaverse/…

You join via a free mint here:
mint.unic.ac.cy
24/ Now, back to me again.

As you can see, the instructors and guests are incredible.

I can't wait to listen to all the sessions. And if we get a good group of participants, we can have great discussions

And it should be great onboarding for your NFT-curious friends
25/ The interesting and difficult part is going to be the 100% on-chain part.

My view of the open metaverse is not, in the end, only about art or even gaming.

We have to see if we can push larger aspects of our lives into decentralized spaces...
26/ And there it gets very tricky.

Companies, industries and organizations have built good information systems that work for their needs.

The on-chain versions don't exist, are confusing, are primitive, present new challenges and, day 1, are inferior
27/ So we are in vastly unchartered territory here and everyone is going to be scrambling in real-time to see if we can do it.

@rayan_oncyber is working on token-gating and support for larger multi-user groups in @OM100m
28/ @unicmetaverse is trying to to solve how to do exams on-chain.

Broadly, the direction has to be zero knowledge proofs but I have never seen this in the wild.

So if you have ideas on this, please get in touch.
29/ In general, I view this as a grand experiment for us, that we have to solve together.

We say that we can do things in a decentralized manner, time to put our actions where our mouth is and figure out if it is possible
30/ @unicmetaverse has a discord but I am a bit afraid they are not ready for what it means when we all come marching in

Anyway, here it is.
discord.gg/VYD2jmdU
31/ Also, the free mint pass to the course is a @6529er special, his reinterpretation of the @UNIC_ENG logo, along with a couple of Easter Eggs

mint.unic.ac.cy Image
32/ Also, I am still thinking about some additional guest lecturers.

I need to sleep on it for a day or two but we have some small gaps still - I am going to send some DMs and if by next week I am not fully satisfied I am going to ask for community help.

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More from @punk6529

Apr 22
1/ All Memes are Memes but not All Memes are Memes

So I spoke remotely at @arts_dao over the weekend and I am going to boldly put some of this down in a thread.

We go like this: memes -> the intersubjective -> the internet -> NFTs -> freedom
2/ For the last 30 years, everyone knows what a meme is.

It is on the internet. It is cute or it is dank but it is definitely countercultural.

It is not top-down socially corporate constructed Walt Disney or Hollywood or Goldman Sachs, but bottom up
Image
Image
3/ But sometimes the timeline makes fun of me because it thinks I don't understand the above.

That is OK.

But I do understand some things. And we will talk about them today. Image
Read 43 tweets
Apr 13
1/ What is the Nakamoto Threshold?

This is a bit of Memes inside-baseball but I am tweeting it out so we have it available for reference.

Meme Card #4 is an homage to the first Rare Pepe which had an edition count of 300.

So Meme Card #4 had an edition count of 300.
Image
Image
2/ The Memes were deliberately designed to be relatively low unit price and relatively high edition count.

This is important for the overall mission in a large numbers of ways.

There is no way the mission works with a small number of rich collectors.
3/ Interestingly, because people like eye-catching sales, this is one of the things that leads people to still underestimate The Memes a bit.

The Naka has the highest unit price because it is an awesome card (trades around 6ETH now, ATH > 20ETH) but..
Read 48 tweets
Apr 10
1/ On How / Why To Use A @safe As An Individual.

I saw a question from @HugoFaz in a 6529/Memes chat and I was going to answer there but I think the answer is more generally useful so I will tweet it here

First read the TAP thread

2/ Now that you are back. Let's discuss using a SAFE wallet as your vault / cold wallet in a TAP setup.

@HugoFaz asks (and I paraphrase): "who are the other signers going to be? Other hardware wallets? people I trust? What does this add?"
3/ Let me start with a simple case, appropriate for any individual.

The other signers are you. Let's assume you have Hardware Wallet (HW) 1, 2 and 3.

You set up your SAFE to be 2 out of 3 to sign.

Now, what do you do with these wallets?
Read 13 tweets
Mar 29
1/ On Your National Tax Policy for Cryptoassets

A rare thread for the tax authorities and legislators around the world.

One day you will need a tax policy for cryptoassets and you will pay McKinsey $3M to write it.

Or you can just read this thread for free
2/ The assumption in this thread is that you are a jurisdiction that likes taxing things.

And in that light, you will enjoy taxing cryptoassets too.

If you are one of the other jurisdictions (the 0% tax ones), then you don't need this thread anyway
3/ Situation: You run a normal economy that does not compete on low taxes and you want to do something sensible with cryptoassets.

Your goal should be:
a) Treat broadly fairly vs other assets
b) With some tiny adjustments to make everyone's life infinitely easier
Read 16 tweets
Mar 27
1/ On What Is Decentralized

A brief, beginner thread. Sorry in advance to the nerds.

tl;dr

1) Some L1s (like BTC, ETH and some others)
2) Zero websites
3) Very few L2s

Basically, you only get permissionlessness and censorship resistance on the L1s for now.
2/ Let's start with the difference between ETH (an L1) and OpenSea and Etherscan (which index ETH)

ETH = permissionless
OpenSea and Etherscan website = not permissionless

(Separately, OpenSea has deployed contracts on ETH, which is not the website)
3/ A typical website has, among others:

a) a domain name (permissioned by owner, registrar, registry & govt)

b) a web hoster (permissioned by owner &hosting company)

c) a database &web servers (permissioned by the owner)

Each of these things are 0% decentralized.
Read 23 tweets
Mar 16
1/ On Bitcoin in Four Tweets

Some people meditate on the oneness of the world to achieve enlightenment.

I also meditate to achieve enlightenment, but on how I can describe "how Bitcoin works" in the fewest number of words

Sharing last night's version below
2/ Imagine a Google sheet w/ everyone's bank balances and the whole world has full access.

Solutions That Do Not Work

a) Everyone can change any cell? Chaos and theft

b) Only one person with editor access? Works fine but the whole world is at the mercy of that one person
3/ BTC's solution
a) Accountants propose changes every 10 minutes
b) Anyone can propose a change to their balances (along with a service fee)
c) Accountants batch the changes for review
d) Everyone checks that the batch is valid (no overspending) and accepts
Read 6 tweets

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