{"id":1207,"date":"2022-09-27T21:08:20","date_gmt":"2022-09-27T21:08:20","guid":{"rendered":"https:\/\/metaschool.so\/articles\/?p=1207"},"modified":"2024-07-24T07:38:13","modified_gmt":"2024-07-24T07:38:13","slug":"buidl-crypto-meaning","status":"publish","type":"post","link":"https:\/\/metaschool.so\/articles\/buidl-crypto-meaning\/","title":{"rendered":"BUIDL"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_56_1 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/metaschool.so\/articles\/buidl-crypto-meaning\/#What_is_the_meaning_of_BUIDL%F0%9F%93%96\" title=\"What is the meaning of BUIDL?\ud83d\udcd6\">What is the meaning of BUIDL?\ud83d\udcd6<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/metaschool.so\/articles\/buidl-crypto-meaning\/#The_concept_of_BUIDL\" title=\"The concept of BUIDL\">The concept of BUIDL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/metaschool.so\/articles\/buidl-crypto-meaning\/#BUIDL_as_a_crypto_action_verb\" title=\"BUIDL as a crypto action verb\">BUIDL as a crypto action verb<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/metaschool.so\/articles\/buidl-crypto-meaning\/#Crypto_stalwarts_that_have_used_BUIDL_in_their_quotes\" title=\"Crypto stalwarts that have used BUIDL in their quotes\">Crypto stalwarts that have used BUIDL in their quotes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/metaschool.so\/articles\/buidl-crypto-meaning\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/metaschool.so\/articles\/buidl-crypto-meaning\/#How_can_you_actively_%E2%80%9CBUIDL%E2%80%9D_a_blockchain_community\" title=\"How can you actively &#8220;BUIDL&#8221; a blockchain community?\">How can you actively &#8220;BUIDL&#8221; a blockchain community?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/metaschool.so\/articles\/buidl-crypto-meaning\/#How_does_%E2%80%9CBUIDL%E2%80%9D_align_with_decentralization_and_peer-to-peer_networks\" title=\"How does &#8220;BUIDL&#8221; align with decentralization and peer-to-peer networks?\">How does &#8220;BUIDL&#8221; align with decentralization and peer-to-peer networks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/metaschool.so\/articles\/buidl-crypto-meaning\/#What_are_the_common_challenges_faced_while_trying_to_%E2%80%9CBUIDL%E2%80%9D_in_the_crypto_space\" title=\"What are the common challenges faced while trying to &#8220;BUIDL&#8221; in the crypto space?\">What are the common challenges faced while trying to &#8220;BUIDL&#8221; in the crypto space?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n<h2 class=\"wp-block-heading\" id=\"what-is-the-meaning-of-buidl\"><span class=\"ez-toc-section\" id=\"What_is_the_meaning_of_BUIDL%F0%9F%93%96\"><\/span>What is the meaning of BUIDL?\ud83d\udcd6<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>BUIDL is an intentional disarrangement of letters in the term \u201cbuild\u201d, which is a word commonly used in developer spheres on Twitter, Reddit, Github and Discord. <\/p>\n\n\n\n<p>The deliberate jumbling up of alphabets takes inspiration from <a href=\"https:\/\/metaschool.so\/articles\/hodl-meaning\/\">HODL<\/a>, another term in the crypto space that was inspired by an accidental tweet which really meant to say someone was holding their coins in a bearish market.&nbsp;<\/p>\n\n\n\n<p class=\"has-nv-dark-bg-color has-nv-c-1-background-color has-text-color has-background\"><strong>Example sentence:&nbsp;\u201cMy only goal for the next two years is to learn, BUIDL and ship projects available on Metaschool!\u201d<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"the-concept-of-buidl\"><span class=\"ez-toc-section\" id=\"The_concept_of_BUIDL\"><\/span>The concept of BUIDL<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>BUIDL can be understood as a rallying cry for those who are contributing to and building the <a href=\"https:\/\/metaschool.so\/blockchains?ref=Articles&amp;utm_source=Blog_Organic\" target=\"_blank\" rel=\"noreferrer noopener\">blockchain ecosystem<\/a>, because without BUIDLing, the space would fade away and die.&nbsp;<\/p>\n\n\n\n<p>This is also one of the major reasons why BUIDL, as a term, has been popularized and is used to encourage the cryptocurrency community to actively contribute rather than simply <em>hodling<\/em> and hoping for the best or expecting others to come in and <em>buidl<\/em> for them.<\/p>\n\n\n\n<p>The other reason is that if you truly believe in the future of cryptocurrency, you must participate in the creation (read: <em>buidling<\/em>) of crypto and blockchain-based projects that will be used. This can be accomplished in a number of ways. It might be through working on <a href=\"https:\/\/metaschool.so\/courses\/writing-your-first-hello-world-contract-in-solidity?ref=Articles&amp;utm_source=Blog_Organic\" target=\"_blank\" rel=\"noreferrer noopener\">smart contracts<\/a> or creating <a href=\"https:\/\/metaschool.so\/courses\/build-your-own-web3-twitter-dapp-with-solidity?ref=Articles&amp;utm_source=Blog_Organic\" target=\"_blank\" rel=\"noreferrer noopener\">dApps<\/a> in their many forms. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"buidl-as-a-crypto-action-verb\"><span class=\"ez-toc-section\" id=\"BUIDL_as_a_crypto_action_verb\"><\/span>BUIDL as a crypto action verb<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Of course, bigwigs like <a href=\"https:\/\/metaschool.so\/blockchains\/bitcoin?ref=Articles&amp;utm_source=Blog_Organic\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin<\/a> and <a href=\"https:\/\/metaschool.so\/blockchains\/ethereum?ref=Articles&amp;utm_source=Blog_Organic\" target=\"_blank\" rel=\"noreferrer noopener\">Ethereum<\/a> are doing well for themselves, but the #BUIDL movement argues that some initiatives will always be needing participation of users to get the ball rolling. It also insinuates that there is always a room for more competitors. Thus, BUIDling must not stop.<\/p>\n\n\n\n<p>BUIDL also entails a hustler\/philosophical approach. It compels one to learn, understand and create rather than speculate, mull and rummage. Calling it a crypto action verb won&#8217;t be wrong.<\/p>\n\n\n\n<p>In conclusion, the term promotes motivation, excitement and active adoption of web 3.0.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"crypto-stalwarts-that-have-used-buidl-in-their-quotes\"><span class=\"ez-toc-section\" id=\"Crypto_stalwarts_that_have_used_BUIDL_in_their_quotes\"><\/span>Crypto stalwarts that have used BUIDL in their quotes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-style-default has-medium-font-size is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cThe industry is maturing, and it\u2019s time to move beyond HODLing and start BUIDLing\u201d<\/p><cite>&#8211; Brian Armstrong, CEO of Coinbase<\/cite><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cInvesting in crypto is not enough. We need more people to BUIDL the decentralized future we envision\u201d<\/p><cite>&#8211; Balaji S. Srinivasan, angel investor and former CTO of Coinbase<\/cite><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote has-medium-font-size is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cIt\u2019s time to BUIDL\u201d<\/p><cite>&#8211; <a href=\"https:\/\/metaschool.so\/articles\/vitalik-buterin-ethereum-profile\/\" target=\"_blank\" rel=\"noreferrer noopener\">Vitalik Buterin<\/a>, co-founder of Ethereum<\/cite><\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"faqs\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-66a0af65633e6\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"How_can_you_actively_%E2%80%9CBUIDL%E2%80%9D_a_blockchain_community\"><\/span>How can you actively &#8220;BUIDL&#8221; a blockchain community?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>BUIDLing a successful blockchain community requires effort and focus. Additionally, you may gain insights from expert BUIDLers&#8217; experiences. Always create something keeping an eye on user needs, like <a href=\"https:\/\/metaschool.so\/blockchains\/ethereum?ref=Article&amp;utm_source=Blog_Organic\">Ethereum<\/a>&#8216;s <a href=\"https:\/\/metaschool.so\/articles\/what-is-ethereum-virtual-machine-evm\/\">EVM<\/a> for <a href=\"https:\/\/metaschool.so\/articles\/structure-of-a-smart-contract\/\">smart contracts<\/a>. Document and be transparent about project developments to attract talent. Communicate with BUIDLers and users. Knit the community together, foster participation, and incentivize exceptional members. Lastly, maintain a healthy relationship for continuous success.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-66a0af65633f1\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"How_does_%E2%80%9CBUIDL%E2%80%9D_align_with_decentralization_and_peer-to-peer_networks\"><\/span>How does &#8220;BUIDL&#8221; align with decentralization and peer-to-peer networks?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p><a href=\"https:\/\/metaschool.so\/articles\/peer-to-peer-p2p\/\">Peer-to-peer<\/a> or P2P networks have existed before <a href=\"https:\/\/metaschool.so\/articles\/decentralized-storage-guide\/\">decentralization<\/a>. However, they play a special role in decentralized systems.\u00a0<br \/>P2P networks themselves are decentralized networks because the latter have nodes that do all the communication. These nodes follow the P2P protocol.\u00a0 As a result, when you are BUIDLing or developing a project in blockchain, its core will always be decentralization and its working mechanism will majorly depend on P2P. Thus, decentralization and P2P in blockchain work as the prerequisites to BUIDLing something extraordinary and useful. This is how BUIDL aligns with decentralization and\u00a0P2P networks.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-66a0af65633f9\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What_are_the_common_challenges_faced_while_trying_to_%E2%80%9CBUIDL%E2%80%9D_in_the_crypto_space\"><\/span>What are the common challenges faced while trying to &#8220;BUIDL&#8221; in the crypto space?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Challenges in crypto project development include strict crypto laws in many countries, requiring careful geographical selection. The volatile and uncertain crypto market demands constant efforts to maintain product value. Blockchain security must be top-notch to combat smart hackers and common attacks. Scalability and interoperability remain significant challenges. The lack of widespread understanding about blockchain development creates a gap in simplifying core concepts.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<p class=\"has-white-color has-nv-text-dark-bg-background-color has-text-color has-background has-medium-font-size\"><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":6,"featured_media":5451,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[73],"tags":[66,74,68],"class_list":["post-1207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-web3-crypto-glossary","tag-crypto-slang-terms","tag-web3-glossary","tag-web3-words"],"_links":{"self":[{"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/posts\/1207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/comments?post=1207"}],"version-history":[{"count":32,"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/posts\/1207\/revisions"}],"predecessor-version":[{"id":7732,"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/posts\/1207\/revisions\/7732"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/media\/5451"}],"wp:attachment":[{"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/media?parent=1207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/categories?post=1207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/tags?post=1207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}