What’s New Inside The Education Portal?

New Modules on Governance, Ethereum Scaling, and more

A few months ago we introduced a hub for informational content both specific to the district0x network and the cryptocurrency ecosystem as a whole. Our thought process is that by offering free access to the information needed to understand this rapidly evolving space, we can focus on bringing in users on the outskirts of our network by clearly articulating the numerous benefits decentralization and the blockchain can offer. The district0x Education Portal serves as a hub for learning not just about our individual product offerings, but also about the theory and building blocks that make up our entire platform.

After many months of preparation, we successfully launched in August complete 22 different modules (17 written articles and 5 videos). Since launch, we’ve continued to expand the coverage of topics pertaining to the Ethereum ecosystem giving the community an easy opportunity to learn about the protocol that this all runs on and in-depth discussions of esoteric topics like governance, scaling, and more.

We were humbled to be featured in Product Hunt, we even made it up to the popular page for the day. Thank you to everyone who supported us.

This pace of content production is expected to continue through the next quarter and beyond. We envision this being one of the best repositories of learning for the crypto-unaware on the internet.

Here is whats new inside the Education Portal.

Understanding Ethereum Is Growing!

We’ve beefed up the Understanding Ethereum section quite a bit, once inside you will find 12 total modules with topics ranging from beginner through intermediate and advanced. The articles are intended to be standalone; however we recommend starting with the first module and working your way through.

Learn About Ethereum Scaling

We’ve expanded to include educational resources about the latest and greatest developments in Ethereum scaling. We’re always looking for live examples and projects to feature who are making great strides in these areas. If you’ve like to be featured — or have anything to additional to showcase or contribute, we want to hear from you.

The Basics of State Channels — State channels refer to the process in which users transact with one another directly outside of the blockchain, or ‘off-chain,’ and greatly minimize their use of ‘on-chain’ operations. It’s one of the most exciting Ethereum scaling solutions in development and the closest advancement to being production ready.

Understanding Plasma — Plasma is another Ethereum second layer scaling solution in development. It is expected to be the second fully deployed scaling solution on the Ethereum mainnet after state channels. Plasma refers to a framework that allows the creation of ‘child’ blockchains that use the main Ethereum chain as a trust and arbitration layer.

Ethereum Sharding Explained — Sharding refers to splitting the entire Ethereum network into multiple portions called ‘shards’. Each shard would contain its own independent state, meaning a unique set of account balances and smart contracts. Sharding is definitely the most complex Ethereum scaling solution. It’s also the one that is expected to be released last, giving developers the necessary time to both fully scope it out and test it in production environments.

Additional New Modules

What Is Gas? — Gas is essential to the Ethereum network, it is quite literally the fuel that allows it to operate. More specifically, Gas refers to the unit that measures the amount of computational effort required to execute specific operations on the Ethereum network.

ERC721 (Non-Fungible) Tokens — Non-Fungible tokens allow developers to tokenize ownership of any arbitrary data, drastically increasing the design space of what can be represented as a token on the Ethereum blockchain. The biggest differentiator of Non-Fungible tokens is that each one is tied to a different identifier, making each token unique to its owner. This is much different to tokens leveraging the ERC20 token standard, which is a token standard for fungible tokens, meaning each token is interchangeable.

On-Chain Governance — On-chain governance is a system for upgrading blockchains in which code changes are encoded into the protocol and decided by stakeholder voting. Code changes can be proposed by anyone, though usually its the core developers, and token holders vote whether or not those changes should be integrated into the protocol.

Off-Chain Governance — Here decision making happens informally — away from the blockchain’s underlying code base. A network’s stakeholders vie for its control by coordinating through a number different avenues including community forums, social media sites, and the project’s official communication channels.

Meme Factory Now Has An Explainer Video

We’re making exciting progress on Meme Factory. As we progress towards launch — we’re going to focus our efforts on educating the community on what Meme Factory is and how it works.

Meme Factory works like this: Meme creators submit their original works to the DANK Registry by staking a fixed amount of DANK token alongside their proposal. Then, curators are tasked with overseeing the registry and ensuring that no duplicate or dull memes are included. Lastly, collectors browse the registry for high-value memes which can be traded on secondary marketplaces. Collectors have faith that they’re purchasing provably rare memes because each one is tokenized as a unique asset on the ethereum blockchain. See the video below:

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Write For Us! Contribute Your Brain

Creating the Education Portal is a collaborative effort involving multiple graphic designers, animators, voiceover artists, and video experts to produce educational videos complete with handwritten scripts coupled with an entire new set of design assets for the district0x brand.

We’ve made consistent progress in encouraging additional contributors to the written portions of the portal, with additional industry experts bringing us regular educational content. As such, we are always looking to our community members for feedback, advice on how to improve, and even content contributions to the module.

If you’re interested in helping out — please email pj@district0x.io or send us a message in Telegram or Twitter.

Learn More

For more information about the district0x Network: