# The Crypto Book - table of contents.
Index for a book I'm writing.
- Write out a book.
- Explain how ZK-STARK”s work from the ground up (video/whiteboard).
- [What is the anatomy of a STARK proof](https://hackmd.io/@liamzebedee/H1ejQCoHj)
- Explain how Cairo, VM, computers etc. work.
- [Megathread deepdive](https://twitter.com/liamzebedee/status/1515985033856974851): covers state machines, prover-verifiers, VM's, the cairo language, how STARK's work, arithmetization, the Cairo machine, computation compared with EVM (addition), public memory, memory holes, Cairo runner/bootloader
- Explain how recursive STARK’s are so powerful.
- [A dumb primer on recursive ZK proofs](https://hackmd.io/@liamzebedee/BydanTDSi)
- [Loot Fog of War, private-information games, and ZK STARK’s.](https://hackmd.io/@liamzebedee/SyV8xDYSj)
- What is the purpose of crypto?
- crypto is inherently political
- disagreements on value - NFT’s in the gaming world
- [It is value that brings universes into being](https://www.journals.uchicago.edu/doi/full/10.14318/hau3.2.012)
- what is art? [the banana](https://news.artnet.com/art-world/maurizio-cattelan-banana-collector-1728009). argument about value
- art is about context and skill - monalisa then and now. AI-generated art.
- what is decentralization?
- [hayek and decentralization](https://twitter.com/liamzebedee/status/1515893899084320769)
- [vitalik](https://twitter.com/liamzebedee/status/1615213431413702658)
- [sufficient decentralization](https://www.varunsrinivasan.com/2022/01/11/sufficient-decentralization-for-social-networks)
- credible neutrality - vitalik
- verifiable institutions - blockchains vs. databases
- a runtime for coordination.
- internet - marginal cost of distributing information
- crypto - marginal cost of trusting people (contracts)
- a worldwide property system, legal system
- composability / transaction cost / theory of the firm
- Explain reification / path dependence.
- link to yield farming article
- Explain the context of AI, memes and attention.
- AI brings cost to 0, supply to infinite, price to cheap. Yet attention still scarce.
- value chains for remixing. Sylve’s startup thesis.
- Explain the context of blockspace and blockchains.
- what is a blockchain? a sequencer, indexer, state machine, VM/runtime, microservices layer, cryptocurrency, and sybil control mechanism
- distributed databases are very simple. [binary trees](https://twitter.com/liamzebedee/status/1613421802474336256)
- [Measuring blockchain throughput](https://mirror.xyz/nakamofo.eth/RAS-WkFczcJdgsP_zaynFRPR27aapG79he1eFq2xNag)
- What if the blockchain was just one node? Why is that different to 2 nodes?
- blockchains derive their defensibility from the [prisoner’s dilemma](https://en.wikipedia.org/wiki/Prisoner's_dilemma)
- Why is blockspace valuable?
- Similarity to worldwide economic networks
- What happens if you sent a bitcoin node through space? 51% and quantum relativity
- The future of blockchains
- From POW
- to POS
- Tendermint, Solana, etc.
- to ZK STARK’s
- to recursive ZK starks
- to horizontal scaling
- to collaboratively generated ZK starks
- to interaction nets
- Interesting mechanism design
- the invention of yield farming - podcast with kain
- Implicit vs. explicit incentives - token issuance via inflation (Aelin tokenomics)
- Explain the context of cryprographic inventions:
- Cryptography / being banned in the 90’s / subject to export
- Bitcoin / reusable proof of work money / sybil control
- Economic reuse
- AMM’s / Uniswap / options trading
- Stablecoins / central banking
- Tornado Cash / again, bans by OFAC
- IPFS / content-addressable routing / permissionless content servers
- Dappnet
- Unisocks / AMM’s for price discovery
- Nouns / naturally emergent governance / reification loops
- reification
- simulacra
- the theory of the lightbulb n' monkeys
- Explain the patterns of value:
- $1 - unit bias
- aelin
- bitcoin
- ethereum
- $aave vs $lend
- defensibility
- in the end, the market is just nature.
- the value of something dies when the last person who thinks it is valuable died (ie. mona lisa)
- markets require defence
- synthetix sMKR market against whales manipulating it
- oracles and frontrunners
- governance tokens derive their value from risk
- MKR-ETH-DAI triangle
- AAVE
- hobbes the social contract, monopoly on violence, and the NukeDAO concept
- the network state
- important readings:
- [sufficient decentralisation](https://www.varunsrinivasan.com/2022/01/11/sufficient-decentralization-for-social-networks)
- capture resistance
- reification
- ponzi schemes
- yield farming
- [how can it be a ponzi](https://twitter.com/liamzebedee/status/1612770991221997568), if there is no lie? the code is open-source.
- Social signals
- Google PageRank as the first online social signal
- Eugene Wei’s “[status as a service](https://www.eugenewei.com/blog/2019/2/19/status-as-a-service)”
- Poolsuite / celebrity / brand power
- A study of Nouns
- Sybil problem
- ********************************************************everything has nonzero value********************************************************
- Bitcoin Cash, ETHPOW
- blockchains are the runtime for markets
- each database engineer is worth $1M
- hyperstructures
- every protocol’s price will go to 0
- even erc721, is a hyperstructure.
- link to that tweet where someone realises how cool it is that your items display in opensea automatically.
- everything will be tokenised
- [speculation is a superpower](https://zine.zora.co/speculation-is-a-superpower)
- the adoption curve
- UX will always be valuable. Accessibility is the biggest problem.
- Weird unexplained things:
- the crypto “unlock” keeps coming up
- hardness vs. softness of digital objects
- Explain patterns in crypto:
- mimetics - [rene girard](https://eriktorenberg.substack.com/p/the-world-according-to-rene-girard)
- Dogecoin to Bitcoin
- Sushiswap to Uniswap
- Lil Nouns to Nouns
- Shiba Inu to Dogecoin
- [Tokens in the attention economy](https://cobie.substack.com/p/tokens-in-the-attention-economy)
- Fidelity - Loot, low fidelity, higher fidelity. open worlds hypothesis
- Loot, Loot Realms
- Dumb is better / Accessibility
- [Path dependence](https://glissblog.vercel.app/posts/how-i-found-my-new-house-thru-6-degrees).