Part 1: What we did
The first phase of dHack – proof of concept and validation has been established at bitfwd, ETHIndia, and ETHBerlin. We created a lot of buzz around dHack and DAOstack as participants understood the value proposition of a decentralized hackathon and the inconsistency of having a centralized committee that picks winners. We received a lot of good feedback, and a fair share of negative one as well. Most of it around the onboarding process, which eventually became too long.
dHack is on a trajectory to become a standard for hackathons in the Crypto/Blockchain space, and if we get things right on a wider scale, this could also be valuable for companies and organizations outside the ecosystem.
The purpose of this post is to get more people involved in dHack, help brainstorm ideas, create content, implement dHacks, and shape and spec out of what dHack 1.0 would look like.
dHack value proposition (to DAOstack / GenDAO)
- Decision making at scale. dHack confined a lot of decisions into a constrained period of time. mimicking what a scalable DAO would look like.
- User behavior (Staking)
- System behavior (Alchemy stress test)
- Exposure: devs, entrepreneurs, general ecosystem, social.
- Kickstarting the staking network
Some statistics on ETHBerlin:
First - I felt like there wasn’t enough cooperation/support from DAOstack or GenDAO members either in Berlin or online
- Ultimately it is my fault, Should have made more effort to connect GenDAO members to the goals of dHack, why it’s important for Genesis, and how could they help.
dHack -> GenDAO bridge/funnel
- How do we get participants of dHack to onboard to Genesis?
Onboarding - The Critical issue. due to the use of Ether.cards we were confined to a tedious onboarding process, and so we lost a lot of people. (Combined with 0 internet at Dappcon)
- Right before ETHBerlin we managed to deploy a MUCH better solution in the form of scannable QR codes that send you directly to the redeem scheme. Paste your voting address and you’re good to go.
Gas Funding - Cost almost 4ETH to fund all participating addresses with Gas-Money, and there were plenty of gas related issues with the redeem function.
Everything needs to be inside Alchemy
This proposal was very successful. a brief explanation about - How to propose (Template), how staking works, and a bit about holographic consensus. I boosted it as soon as the dHack opened and it proved to be a great way to teach users about how the system works, proposal format, and holographic consensus (Staking!!)
From both ETHBerlin and ETHIndia you learn that Alchemy is counter-intuitive to say the least.
Imo we will need to add centralized information fields inside Alchemy.
If a user clicks out of Alchemy to read an explanation or a blog post, slim chances that he will come back
Part 2 will come out soon
Explaining a bit about where we want to go, the vision, and how to get there.