Just like children grow into adults, the internet is also changing and becoming more mature. In the past, we used the internet to send emails, share pictures, and buy things. But now, it’s starting to do much more. It’s helping us create whole communities that work together, just like in a real country, but these are online.
A while ago, a new kind of money called Bitcoin appeared. It’s like digital gold that you can’t touch but can still own and use to buy things. Bitcoin was special because it didn’t need banks or governments to work; it was like its own little country on the internet. After Bitcoin, another system called Ethereum came along, which let people not only use digital money but also create all sorts of agreements and contracts online, without needing a lawyer or a notary.
Imagine you could create a country on the internet, with its own rules, money, and systems, just like a real country but without land. This is what the tech experts are calling "cipher states" or "onchain nations." They’re like clubs where everyone agrees on the rules and uses digital money and contracts to do things together.
Creating these online countries isn’t easy. One big problem is making sure everyone follows the rules, just like in the real world. We also need to make sure that people’s private information stays safe while proving they are who they say they are. It's like having a secret handshake that proves you're a club member, but the handshake doesn't tell anyone anything else about you.
There’s a clever technology that can check if you’re following the rules without needing to know much about you. It’s like a magic trick that allows you to show you have a ticket for a movie without having to show who you are or where you live. This could help make sure that online countries are safe and follow the rules.
The idea of these online nations is quite exciting. It could change how we think about where we belong and how we all live together on the planet. Instead of being from just the country where we were born, we might also be part of an online nation with people from all over the world.
The journey to creating these online nations is just beginning, and there’s a lot to figure out. How do we make sure they’re fair and safe? How do they fit in with the regular countries we already have? It’s a bit like building a new city in the sky—there's no limit to what it could look like, but we have to build it carefully so that everyone can live there happily.
This article is based on the video “Building Nations with Web3 - Post DAOs & Cypher States” from Galactica Network and using artificial intelligence tools :