2024 is a turning point for the crypto industry, marked by the approval of BTC and ETH spot ETFs and the establishment of a regulatory framework for digital assets in the U.S. Despite these advancements, volatility, speculation, and fraud still dominate the market. This prompts us to reflect on how protocols can rebuild trust in this space, which is the core theme of book Protocol Revolution & DigiLaw Engineering.
This book delves into the fundamental concepts behind crypto protocols, focusing on the new concept of “DigiLaw”—tokenized decentralized protocols—exploring how they can lay the foundation for trust in a future digital society. The book covers three key areas:
Protocol Revolution: Decoding the crucial role of decentralized protocols in digital societies and constructing a new framework for the trust economy.
From Tokenomics to Token Design: Exploring innovative token design frameworks that go beyond traditional tokenomics, driving system-wide optimization.
DigiLaw Engineering: Introducing AI-Agent simulations to study how secure and transparent protocol ecosystems can be built to support long-term decentralized development.
The challenges in the crypto industry go beyond technology alone. The real issue lies in constructing a moral, secure, and sustainable protocol ecosystem. This book offers new perspectives and methodologies to address these challenges.
The book will be released in chapters, with the preface already available.
Join the conversation, read the preface, and help explore how protocols can lead the crypto industry toward a more transparent and trustworthy future!
Thanks for your response! Yes, we’re really looking forward to getting some targeted feedback from the members of this forum. Specifically, we’re interested in your thoughts on the following points:
DigiLaws Protocol Design Improvements: We’ve introduced a new concept called DigiLaws, which refers to tokenized decentralized protocols aimed at building trust in future digital societies through transparency, decentralization, and tokenization. We’re keen to hear your thoughts on this concept, particularly regarding which protocol features could effectively reduce opacity and speculation in the crypto industry. Do you have any experience or suggestions related to similar protocol designs?
Agent-Based Modeling (ABM) in Protocols: We are exploring how ABM can be used to simulate and optimize decentralized protocol ecosystems. ABM allows us to model the behavior and interactions of protocol participants, helping us understand the nonlinear dynamics of complex systems. We’d love to hear if anyone has seen successful applications of ABM in protocol design or optimization, or if there are suggestions on how ABM can be further applied to address the challenges of complex markets and governance in protocol research.
Ethical and Governance Challenges in Protocols: The ethical and governance mechanisms of decentralized protocols remain a significant challenge. How do you view the balance between increasing technical efficiency while ensuring moral responsibility and social accountability in decentralized protocols? Are there any governance models that you believe strike a good balance between technology and ethics?
We hope these questions spark some interesting discussions, and we’re excited to hear your thoughts on protocol design and improvements. More importantly, we’d love to incorporate these discussions into the development of the DigiLaws protocol and explore how these innovations could be applied to real-world crypto ecosystems.