Open Source Learning

Olivia Rhye
April 2025
5 min read
Creative

The content provided here is split into module topics to guide you from the basic principles of the space to specific sub-sectors in crypto to allow you to find your own interest in the space to carve out your own path.

This is a reading list, essentially for those that are just getting started in the blockchain space + wish to get to know the space better.

This is an introduction into the design principles and guiding ideology behind the crypto/web3 space at-large. As you work through these readings, think about the following questions:

Why do we even need web3? How do we situate the ideology of web3 in the history of the Internet?

Why is it important to have blockchains in web3? What role does "crypto tokens" play in this?


Why does crypto have such a distinct and unique subculture, as opposed to other emerging technologies, such as AI, AR, and robotics?


How are Bitcoin and Ethereum paradigmatic case studies of crypto innovation?


Reading List


"The Ideology of Web3" by Jay Yu. Oct 2022. Published on Medium.


"#35 - Read Write Own: Chris Dixon on Building the Next Era of the Internet". Jan 2024. Interview and Article, published on the Stanford Blockchain Review.


Optional Reading List
Read Write Own by Chris Dixon. Full book - 2024.


"The Most Important Scarce Resource is Legitimacy" by Vitalik Buterin. March 2021. Published on Vitalik's blog. (There's some technical difficulty here)


Bitcoin Whitepaper


Ethereum Whitepaper

Now that you have a basic idea of the principles of crypto and what the industry is aiming for, we can now look at how these principles may touch upon our everyday lives.

In particular, we will focus on the application of two important crypto primitives: ERC-20 standard fungible tokens, and ERC-721 standard Non-Fungible Tokens (NFTs), and how they relate to everyday life. As you read through the following articles, think about the following:

  • What are the common themes between these applications? How do ERC-20 and ERC-721 tokens allow us to build applications that couldn't have existed before?

  • How do these new concrete applications allow crypto to achieve its overarching goal of rebuilding the Internet? What is the cultural impact of these crypto technologies?

  • What may be other legacy industries or concepts that can be disrupted by these technologies?

Reading List

ERC-721 Non-Fungible Tokens:

ERC-20 Fungible Tokens:

Optional Reading List

Now if you have done your reading up to this point, you should have a basic idea of some of the potential applications that crypto may be building towards, let's do a deep dive into one of the core promises and principles of crypto – decentralization.

Why is decentralization important? How do we design and maintain decentralized applications?

In this series of reading, we will examine this crypto ideal with case studies in Decentralized Finance (DeFi), Decentralized Physical Infrastructure Networks (DePIN), and Decentralized Autonomous Organizations (DAOs).

In reading these, think about the following questions:

  • Why should we have these decentralized systems in the first place? How do these help achieve crypto's overarching goals?

  • What are the strengths and weaknesses of having a decentralized application? How can we ensure that decentralized systems remain robust in the face of sophisticated adversaries?

  • To what extent are today's crypto systems truly decentralized?

Reading List

DeFi

DePIN

DAOs

Optional Reading List

Thus far, we've primarily focused on understanding crypto from the application layer. Now it's time to dive under the hood and look at the infrastructure that makes all of these applications possible. Because much of the crypto industry today is focused on building infrastructure, unfortunately we can't possibly cover everything. We're selecting the following projects for their representativeness on the various approaches towards some of the core infrastructure problems in blockchain.

In this section, ask yourself these questions:

  • What are the core problems that these various infrastructure projects are trying to solve?

  • How does the infrastructure that they build benefit applications, and how do end users benefit from this infrastructure?

  • What are some of the big trends and open problems in the blockchain infrastructure space?

Reading List

Optional Reading List

  • "Scaling". Ethereum Developer Docs.

Finally, let's look at where crypto as an industry is at now, in September of 2024.

As you read through these, think about the areas, topics, and sectors that you'd like to explore, and how we can as an industry move forward to ultimately reinvent the Internet as we know it.

Reading List

I hope that you read the suggested materials, and that you were able to gain insight and understanding as to what web3 and decentrilization truly is and capabilities it provides. Please use your knowledge to empower yourself and your community.

Olivia Rhye
April 2025
5 min read