On this page you will find the assignments for the second part of the The Hague University Blockchain Minor. Your contacts for the assignments are Dennis Ijlst and Jordi Jansen. If you have any questions, please let us know (preferably via Slack).
"Education is the most powerful tool we can use to change the world." ―
A) Explain how money must be socially recognizable by other people in order for it to function? (approx 150 words, 10% marge)
B) Do different cryptocurrencies carry different symbolic meaning? Explain why or why not using examples of cryptocurrencies? (approx 150 words, 10% marge)
C) Argue that bitcoin is or is not money. Support your argument withexamples or references where appropriate and explain why bitcoin is or isn’t money. (approx 400 words, 10% marge)
D) Explain the unit of account function in money.
E) What are the primary functions of a central bank in modern economies? List and describe four or more functions? (approx 100 words 10% marge)
F) What did early figures in Bitcoin’s development suggest that a cryptocurrency would be like? (indicated by Nick Szabo, Hal Finney, Satoshi Nakamoto). Explain how the value of cryptocurrency was thought initially to derive its value. (Approx 250 words, 10% marge)
G) There is a specific theory in economics and money known as Austrian economics. Explain the Austrian theory of money and how it differs from the standard model of money. (Approx 250 words 10% marge)
Make sure you present in your own words
1. Nick Szabo on Cypherpunks, Money and Bitcoin
2. Yuval Noah Harari in conversation with Christine Lagarde
“Imagination is more important than knowledge. For knowledge is limited to all we now know and understand, while imagination embraces the entire world, and all there ever will be to know and understand.” ―
Marketing and sales strategy
Explain the main dimensions of innovation in terms of management, policy, the economy and government to develop an analytic ability in this area.
Explain the emerging opportunities and threats for existing and new businesses that disruptive technologies, such as digital currencies, have brought and may bring.
Explain how digital currencies and blockchains can be seen as financial and technological innovations and how you as a business manager would cope with these two emerging technologies.
Business Innovation, Improve Your Business with Strategic Innovation | Tony Robbins Podcast
"What is really needed to make democracy function is not knowledge of facts, but right education." ―
Your personal view of this report
Justification of your personal view
a bridge to the information obtained during classes
Describe in 2000 words (10% margin) which you prefer and why. Pay attention to the subjects and problems that decentralized exchanges have (as discussed in the lesslides) Tip: also include the sources used to substantiate your decision-making.
#235 Changpeng Zhao: The Meteoric Rise of Crypto Exchange Binance
#195 Loi Luu: KyberNetwork – Towards Truly Decentralized Crypto-Asset Exchanges
"The future belongs to those who believe in the beauty of their dreams." ―
Collect the appropriate block-related information for a time period (or more) for Bitcoin, Bitcoin Cash, and Bitcoin SV.
Briefly report your methodology
discussion (e.g., provide possible explanations for the observed patterns in the data, if any) of your findings. For example, you may consider and report plots that show the differences in block sizes for the time period(s) of your analysis. Note. The block-related information as well as the considered time period(s) are left at your discretion.
First, briefly discuss the role of consensus algorithms with respect to the “scalability-decentralization-security” trilemma.
Briefly propose a consensus mechanism that takes into account social criteria (e.g., social equity) for enhancing the decentralization property. Note. Recommended length: 500-750 words approximately. (10% marge)
Explain which different types of forks there are (hard forks, etc.) and describe them. Report your methodology.
Choose three different ways to scale up a blockchain and explain how they work. Pay attention in your explanation to the layer that is scaled.
Scalability problem in its own words.
Watch the video below and fill in the filmform.
ILP Summit 2019 | State of the Interledger | Evan Schwartz
PDF: A Protocol for Interledger Payments Stefan Thomas & Evan Schwartz
"Controversial disputes are a part of democratic culture." ―
Jordi introduces main laspects of different specializations. Student gets 30 minutes to research different specializations. The student will request permission for his or her subject. Students examine their specialty for 180 minutes and prepare a presentation. Students present their specialty for approximately 5 minutes each.
Write out your research about your specialty, as discussed and presented in class. Add any improvement points and feedback.
Deliver your presentation
MIT Bitcoin Expo 2019 - Zero Knowledge Proofs and Smart Contracts with Bulletproofs
EB116 – Eli Ben-Sasson: Zero Knowledge Proofs
Vitalik Buterin: DAO Lessons, Casper and Blockchain Interoperability (Episode 171)
Casper & Smart Contract Consensus
Ethereum Smart Contracts in L2: Optimistic Rollup