# Why On-Chain Matters

By [Sky](https://paragraph.com/@skywtf) · 2022-12-11

---

`Cue music to “Twelve Days Of Christmas Song” by Bing Crosby and The Andrews Sisters.`

`Start singing: “On the 5th day of DAOcember, my friend gave a talk on "Why On-Chain Matters”…`

During [DAOhaus’ DAOcember](https://daohaus.substack.com/p/12-days-of-daocember), I gave a short talk on this topic.

Below are a bunch of the key slides and some of my commentary to help frame them.

Decentralized blockchains now exist in our world and the following presentation aims to explain why using these blockchains matters…

![](https://storage.googleapis.com/papyrus_images/5a4683203434798fa927f4e1110f70d205eb7cf65515f309ee803021d3c344de.png)

What’s going on in the world these days?

![](https://storage.googleapis.com/papyrus_images/7e74ec34bc2ec6922354048edc714b1a96b2b2b85bd1deca58dfca4d802770ea.png)

AI created art for example. Check these out!

![](https://storage.googleapis.com/papyrus_images/d2e4b117df38f1bf0d0c0f664e4dd671cd1a636c6133bdaf81c0334bf170c761.png)

![](https://storage.googleapis.com/papyrus_images/e172e3193c2069379599810598674a1a5fb93b06e4da7f2c0109e6037da50e07.png)

So, why not ask AI to do help with the talk?!

![](https://storage.googleapis.com/papyrus_images/18fef16c6d1c93663ad8f678d1779b10c93ecbfd98bf634ec794131d21660544.png)

ChatGPT mentions transparency, immutability, security, trust and efficiency - all really important benefits.

But, what’s missing?

Before that, what else is going on in the world?

![DNS attacks](https://storage.googleapis.com/papyrus_images/c2ac4908fbb75e1487bd1484d71faecb1c8e6fde4713d5431ce3e70821aceac7.png)

DNS attacks

![Compromised front-ends](https://storage.googleapis.com/papyrus_images/adf64e4dca6f13f6bf38d0db0770fa656a43ecd8d4686eecfb5d32812ae7ee07.png)

Compromised front-ends

![Compromised Multisigs](https://storage.googleapis.com/papyrus_images/7358001e4775630befa1d439b139d9449d979a4e6202907224ed90778999689c.png)

Compromised Multisigs

![](https://storage.googleapis.com/papyrus_images/4a2c95173889237f094f35cdf463c512a64b16ab5338e30fdb960105f761cabe.png)

![Domain hijacking](https://storage.googleapis.com/papyrus_images/0521ac33ba84ecc21eb6f7658f5d41f72683bcad749c95cb71c14e518ad57967.png)

Domain hijacking

![More problems with Multisigs](https://storage.googleapis.com/papyrus_images/a621c460fde7e751643ebc8838b2b846dc38f2018bf3df6075ad55c643607332.png)

More problems with Multisigs

![](https://storage.googleapis.com/papyrus_images/ab567ef4ae44bf6e1ae4307295a217f1c8bb736422b991ee249bcb42cb015e3c.png)

![Sanctions](https://storage.googleapis.com/papyrus_images/f26d12c0c06743b8221a6689cb2f5993b7d6b5be5097c5fed2bd1edb1e53241c.png)

Sanctions

![Centralized exchanges collapsing](https://storage.googleapis.com/papyrus_images/ec246d11d6424d2dd70e9a401e345c5dde2bac19d41fcd86a8676f944246aab3.png)

Centralized exchanges collapsing

![](https://storage.googleapis.com/papyrus_images/109b302597c59de085731536ffb6d351dfc5001839a7d280462e611a41a1a001.png)

You got it…

![](https://storage.googleapis.com/papyrus_images/cbe3ff88abe848156cbeeca4f387bba63c5160529c2de5451ce5ec266b41cf0a.png)

What is my talk about?

![](https://storage.googleapis.com/papyrus_images/e1d0a671207fb3c55dfecf7992a881343c7daf8577a058b579510c82385b5981.png)

![](https://storage.googleapis.com/papyrus_images/bd7780473e3354dddaed1c33dc0ea0d57467a43ecbcc81c2fd015986f4613276.png)

I asked ChatGPT just to confirm…

![](https://storage.googleapis.com/papyrus_images/7f578e036aa6e60bbc17fa6e40bdd22bd16f1294e20a387099957cf6c2802c3f.png)

![](https://storage.googleapis.com/papyrus_images/5bdcea46b408d77d87243a3173fa01300f0a9fda065d359a908a6018d5b3c09d.png)

![](https://storage.googleapis.com/papyrus_images/6b6d9536c3cb934f06438165c3b528de216b6bdf2a539b2c5fec80f090b18cfb.png)

![](https://storage.googleapis.com/papyrus_images/a988fdfdd1ea099c83b4a4906308968662fcd26a62e1458082bc636e5c6c7084.png)

I believe you CANNOT achieve these things without Blockchain.

![](https://storage.googleapis.com/papyrus_images/2b18600635b7a336a6f1b4a19e090029e686241b9015825cb7dff347a8b52407.png)

THIS IS KEY:

![](https://storage.googleapis.com/papyrus_images/c0c6c59b7b990b0fd83a5d5ae65e7ec8cf366d838e12684cb204024e5ce1a8cf.png)

![](https://storage.googleapis.com/papyrus_images/3eaedb27d5bf7d323f99ae237d48f4965696812bc86960963e8e6d9b5997d6f8.png)

![](https://storage.googleapis.com/papyrus_images/22d4624cdb34bc0e9e3e22dd2ec1e5dfc4d3484665fb95d34d342e5640f838da.png)

Diving into each…

![](https://storage.googleapis.com/papyrus_images/ba40d0b72bfca5622a9c916fa07536286d0d5bfe84504b3d3ea4e1c34edc5209.png)

![](https://storage.googleapis.com/papyrus_images/8f809fdd7e43c328cd29ed72060c16cdfd70ec7906f232acadf4cfc66032727e.png)

![](https://storage.googleapis.com/papyrus_images/ed70990c65198143776ff5de316d1ef9aaae70ce361eda5f260a15ebd58c749c.png)

You can find an entire talk [here on “Unconquerable Product Ownership”.](https://mirror.xyz/skywtf.eth/jZ-rqmiBWGd0T8LgFjERcVCep89QL4W8jrUqYigofAs)

![](https://storage.googleapis.com/papyrus_images/76cac24d100d12d07cea1c9981061c075ecf8e5eb316058b8fb2f776f92a97b4.png)

![](https://storage.googleapis.com/papyrus_images/df439ee7f54c97ed44693b605f6ec09e94f343b3ef3415768338df261874a94f.png)

![](https://storage.googleapis.com/papyrus_images/f451f4dff89b30c796424839fb7993e24d1101e65d50e851cabfbfe671e689bb.png)

Important to be aware of the Risks.

![](https://storage.googleapis.com/papyrus_images/b4f0efe281861d1036af06a934feaa1e5d07409a8a909e6c3bfc5e2dd4fa37c0.png)

![](https://storage.googleapis.com/papyrus_images/3a371692c991a5fea25cb280a66e661d8a53c862738884948d892e4c75b4fb94.png)

![](https://storage.googleapis.com/papyrus_images/b7e1a14a1d4f50eea7b36774206500b90b6f1a689331ce3dc60d96302d71766f.png)

![](https://storage.googleapis.com/papyrus_images/69b6db570f972bcd18bbab7f0947d6a7803ed03c883e2fad8b2fed72b57b2b0c.png)

![](https://storage.googleapis.com/papyrus_images/ed4ee4d2ca47fb07aa88f269f598b5c714adc5d486984ca39f5eb27914cb240f.png)

![](https://storage.googleapis.com/papyrus_images/49e5a0a1493974a1bad1603a93a514d12dfdbc45ad0c47c923dd018bf6f717fd.png)

![](https://storage.googleapis.com/papyrus_images/deed4a3a605d0936f0dd6e97039654fd1507919fd6fdad3694794f1c0d83d89d.png)

![](https://storage.googleapis.com/papyrus_images/10b3f6c2429594dc623e1220c102627ffd39f6efef3909201266a4266cdee14f.png)

![](https://storage.googleapis.com/papyrus_images/376af0c77658590ce8e8ccb12fd47e23dd586ffbd4a9028b88e8673e2b207ece.png)

![](https://storage.googleapis.com/papyrus_images/010b371ed31df9a36509073d69475b8cb35bfac8f271c23b0713a3e112e9342d.png)

![](https://storage.googleapis.com/papyrus_images/84f4b0841e8605dc7752bafe70951675a1d77b63cf26c84cd8fa82994718c2fa.png)

![We need more people running infrastructure](https://storage.googleapis.com/papyrus_images/cbbd745f2824f76dc7b4407e4189af18f8b205146ad2ee6810b9e3155a4d4444.png)

We need more people running infrastructure

![](https://storage.googleapis.com/papyrus_images/110f3df96db8adb875ce431e4d42b7035d1bb96a0b96d347a06200c861982337.png)

It’s important for each one of us to know what we can do to improve the space.

![](https://storage.googleapis.com/papyrus_images/a11d6129d24ce3e59b249b9b90241f82ed6338018d4aff73f7a6823f39ef72b8.png)

The tools for doing things on-chain already exist. Some of them are:

![](https://storage.googleapis.com/papyrus_images/28d9f1ddf286c9e533111ed2757d79d2e1993727fed2bebdc493ca36895d5ea8.png)

You can find more details on these tools for on-chain DAOs below.

![DAOhaus](https://storage.googleapis.com/papyrus_images/063cf2686283b7663751126cc8fa3f7dd4daa294967c5ed05dd742f93076d14f.png)

DAOhaus

[DAOhaus](https://daohaus.club/) built on [MolochDAO](https://github.com/Moloch-Mystics/Baal)

![Project DAVI](https://storage.googleapis.com/papyrus_images/94f5a9fc52cd057600046d6c7c9dae34af0fd732b1dc7e02059bb2025ee906b6.png)

Project DAVI

[Project DAVI](https://projectdavi.eth.limo/) by [DXdao](https://dxdao.eth.limo/)

![Nouns Builder](https://storage.googleapis.com/papyrus_images/2e15696785237a89a91486292153da48b566dfdd6a779ff02824de51b482119f.png)

Nouns Builder

[Nouns DAO](https://nouns.wtf/) ([nouns.build](https://nouns.build/))

Thanks for joining!

If you found this helpful, feel free to subscribe!

[Subscribe](null)

![](https://storage.googleapis.com/papyrus_images/a2ed4dbfb791a51153935857d7e7191a771a37731a8df23559dd47601ca96ed2.png)

---

*Originally published on [Sky](https://paragraph.com/@skywtf/why-on-chain-matters)*