I still think its interesting all these side chains have all launched great concepts features etc, but none of them copied the system state of all the blocks along with their creation of the chains. This is where I think it will be fun to see how pulsechain does being that its actually going to be the first chain to ever do this while also taking all the great concepts from the other chains.
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Thank you so much for this course. Interview at the end was amazing!
I think DeFi has bright future, it is more open, and more transparent system. I am really looking forward for next course.
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I’m just taking a break from the deep-dives for some lighter faire in watching th\is interview. I took @amadeobrands original course (green sequence spiral) and came back for the @joshcross -powered refresh (earth tone spiral). Here’s a link to my notes still in progress wherein I track the interplay of both versions of this course.
Several concepts like how constant product AMM’s work with liquidity pools finally clicked with me the second time around.
The new course was more focused on learning up the stack brick-by-brick but stopped half way up the defi stack to leave room for exploring the width of the application layer in the next 201. The original course (and 201) went deep into Maker which makes sense per @amadeobrands involvement and the DeFi stack structure being so reliant on DAI at the time. But now Maker is just one of a category of stablecoins and not as “load bearing” in the stack. DAI’s details matter less than the compare/contrast with other stablecoins.
I found the @joshcross very inspiring, just the encouragement I needed to start my own crypto YouTube channel, “Crypto from Orbit” with the intent of sharing all my notes from Moralis Academy and other travels in crypto.
I quit my 25-year career in military industrial complex in 2021 to go full time crypto. I haven’t quite landed in a particular job yet. This course gave me a better view of how the market is evolving and some fresh ideas.
I see a new banking industry evolving. The “unwashed masses” won’t want to risk holding their own keys just as nobody stockpiles cash in their mattress anymore or even carries cash in their wallet today. I predict there will be as many custodial wallet companies as there are retail fiat banks in the market now. I’m building one myself.
I also took this course in advance of the next ETHOnline hack-a-thon. I’ve done 5 of those to date but I’ve always felt like I did another “hello world” compared to the more cutting edge projects going on. I think I’ve a few more time-relevant ideas to hit this next 'thon with.
I’ll keep 'thonning until a project takes off or somebody else hires me.
Looking forward to the 201 refresh. I’ll see about finishing the original 201 before you guys drop the update.
And yes, I’d like to see an NFT course. The thing I don’t get about NFT’s is it’s just a link to an asset on the web, a glob of metadata, and a wallet address that “owns” the former items. And all of it is public information. What’s to prevent me from creating a web3page to read the links, the metadata, and RE-ISSUE a new ERC721 with the same links, metadata, and a new owner address? Near as I can figure: nothing. Might even be able to hijack the Rarible or OpenSea contracts themselves to do the deed. I doubt they’ve any duplication protections. Even if they do: change 1 bit in the image and the whole hash becomes unrecognizable. That’ll be my next 'thon project: “NFXerox”. If it works it will collapse the whole art NFT craze in a moment. That’s why I never buy NFT’s. And if it doesn’t work then I’ll have figured out why not and be ready for employment in the NFT space.
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hey man inspiring to see another really keen person spending lots of time here contributing to the forums. So you an ex-rocket scientist. im from a physics background too. but man u already seem to have a really really good grasp on the web3 space and defi so far. youd well be able to get a job right now if you applied.
i also agree with your point of NFT’s. i dont see the whole point either. like i do see use cases but just not as their being implemented now. all nfts now are just cash grabs. i way prefer the defi side of crypto, like the mirroring of traditional finance in web3, like staking, yield farming, lending borrowing etc stuff that is actually useful.
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Dude. I’m a long-time #Ivanwarts student, #HausPolygon. Stick around, you will learn things you’ve yet to imagine here. Every new technology innovation begins by filppening the legacy system and running it on the new system’s rails. So yeah, DeFi’s first task is to build a synthetic fiat finance world on-chain. But that’s nothing compared to what DeFi can do. Where it goes from there, THAT is going to be the real financial Cambrian explosion. There will yet be plenty of waves to surf for everyone.
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Thank you Josh & Armadeo for the great course content, it was well explained and I can’t wait to get to DeFi 201.
Overall DeFi is the future, although it is still a fairly new platform it still has a lot of potential knowledge is required to become familiar with the platforms and understand the yield farms with progress and innovation in this space it is very likely that more and more people will start to shift from traditional finance to DeFi platforms what helps those platforms grow is their user base the more users joining the better is the exposure!
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Thank you for making this course! I’ve been in crypto for awhile so i’m pretty adept at navigating, but things are changing so fast that I thought it was definitely necessary to get a deeper understanding of Defi and it’s potential. I really want to grow in this space and ultimately move to a career in Blockchain. This course is definitely the first step in that direction for me.
Defi has loads of potential. Most people with their eyes open are seeing the old world literally crumble. Centralized institutions across the world are showing their true colors and corruption. It’s clear that their agenda’s are not in the best interest of the regular person, but Defi should in time level the playing field and spread power, wealth and opportunity for evenly across the world. There will definitely be bumps in the road and issues to be resolved, but when these things are addressed it only makes the overall Defi system stronger.
There is still a long way to go, but i’m grateful to be learning this while we are still in Defi’s infancy.
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Great course guys! DeFi is the future of finance. It will only continue to grow.
Hi @amadeobrands do you have a Telegram group for Flute Finance? I tried to look it up with no luck.
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- I really want to see DeFI being adopted my bankless people. Decrease the high volatility of any token available ; also we need to see the decentralize of social media such as youtube, twitter and other private companies that are censoring and limiting monetizing content.
- for the scalability situation; it needs more servers; however we need a decentralize cloud network were Ethereum and other L1 can run
my concern is that int the quest for a DeFi , we won’t want DeFi controlled by the same big TradFI. . so in retrospect I think this DeFI still rule by VC and big companies that would benefit instead: creating rug-pulls, or fake accounts; all this DeFi changes are so fast that it so much to follow up and read “TLDR”
overall the DeFI is in early stages and in the growing process few would survive and maybe the best DeFi has not been invented yet.
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Thanks for this updated course…
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Well, DeFi works great even in time of crisis, and it’s definitely here to stay. I’m excited about coming DeFi on Layer 2 solutions such as StarkNet
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Thanks for this course, the breakdown of difficult to grasp subjects by both Josh and Amadeo was super helpful and eyeopening to a DeFi newbie such as myself. The tutorials on wallet connections, bridges, liquidity pools and yield farming made me totally aware of how DeFi is going to play a significant role in finance moving forward. However, at the time of this writing the DeFi space is facing a lot of various hurdles (Inflation and Crypto collapses) not to mention a wicked Bear market. So we will have a front row seat to protocols and cryptocurrencies that possess true staying power, and as suggested by both Amadeo and Josh I’ll take this time to level up my education in the space, do more research regarding various protocols and await the next Bull market to hit the ground running. Anyways, thanks again guys amazing course see you in the next one.
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Thanks for this amazing course! I was already familiar with many of the protocols reviewed and it was helpful to have a structured explanation of things. DeFi has so much potential in revolutionizing different aspects of life. Right now, things are looking pretty crazy with de-leveraging events we’re seeing in this bear market. I also hope over regulation won’t choke the innovations from coming through. Time will tell which protocols have staying power.
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the future of defi is complicated. for one defi is far more advances gives more options and gives the people back ownership of their money. problem is regulations will hault its growth for a bit. liquidity is an issue for a lot of protocols, lending platforms have problems in bear markets. that all being said I think defi is the future and the technology involved makes the centralized banking system look like monopoly.
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I believe the future of DeFi will continue to grow. The applications answer a lot of modern day issues
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DeFi will continue to be adopted into the future and improved upon as time goes on.
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The future of DeFi is very uncertain, there are many protocols that have betrayed the trust of their investors, and many others that called themselves decentralized, have left many evidences that they are not. Such as the case of Celsius, blocking withdrawals to its users. And also many doubts have appeared about the decentralization of many projects such as the recent case of arrest of the developer of Tornado Cash.
Many people in the crypto space shy away from centralized and idealize decentralized.
In my opinion centralized has very good things that could improve decentralized and vice versa.
The problem is who is centralizing, not centralizing.
Regulation to some extent is good to prevent scams and hacks.
Focusing more on DeFi, I think its greatest contribution to society is to make people understand that you don’t need a bank to manage your money (although there are people who prefer it for convenience). And by removing intermediaries and relying on the traceability and immutability of Smart Contracts they can also borrow and ask for money and with much better interest rates! Without needing a central entity behind to dictate what should be done at all times, but let the free market do its job.
An unprecedented recession is coming and I think it will serve to open many people’s eyes and look for solutions to central banks and governments.
The biggest challenge I think DeFi has in the coming years is to show the robustness and reliability that the traditional economic system has not demonstrated. And not to be a solution to the banks, but an alternative. I think that should be the way forward.
Thank you very much for the course, and for teaching people a little more about this interesting and promising sector in which many of us trust!
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I’m really grateful that I had spent time reading documents, articles, and videos about DeFi. Initially, I didn’t expect much and didn’t think DeFi was a crucial thing in the crypto industry. But boy was I wrong.
I think the there is a lot to learn and I believe at this early stage is just coming up with new technologies to help fix problems within the blockchain network.
I also would like to share my blog post right here, was inspired of this course. I will surely continue expanding my knowledge of this space and hopefully invest right 
.
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Completed this course on 14 Nov 2022. Learned a few things, since I am already active in DeFi space. FTX collapsed, and few other CEX are in trouble today. We really need to educate far more people about decentralization. BTC is under 17K, and I was laughing when Amadeo mentioned it’s at 60+K in his interview. Definitely need to update this video after all the scams and crashes. All and all, keep up the good work. There is no one else out there like you. This course should’ve been part of the Basic package.
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I think the future of DeFI belongs to privacy protocols. More and more people and companies will find it foolish and even in traditional banking, unacceptable to publish their entire financial transactions. This is backed up by the fact that Monero has gained 57.2% against BTC so far in 2022 despite a brutal bear market.
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