A crash intro into the world of Ethereum Blockchain, DeFi and Web3 Dapps
Our story begins in the seventeen century with Netherlands, the most advanced country of Europe at the time. Because of the adoption of Reformation in the preceding century (specifically the Calvinist ideology) and the proximity of the Atlantic Ocean, the Dutch people went through unprecedented developments. They were at the forefront of the geographical discoveries and fared brilliantly against Spain, the most powerful state at the moment, winning their formal independence from them after a struggle that lasted 80 years. But their most important discoveries with lasting impact even today were in the economic realm. They implemented the first modern stock-exchange and discovered first that a company could be split in tiny tranches called shares (societate pe actiuni in Romanian) which could be traded freely by all people, who thus became owners and sellers of small parts of a company. That company was the first mega-corporation, the Dutch East India Company.