Incentives: Tokens, Privileges, Rewards, and Penalties in Cryptoeconomics

Incentives: Tokens, Privileges, Rewards, and Penalties in Cryptoeconomics
фото показано с : btcmanager.com

2018-8-13 07:45

Cryptoeconomics refers to the use of cryptography in order to create economic systems. This fairly new branch of economics came into existence following Satoshi Nakamoto’s creation of Bitcoin in 2009.

Following the creation of a large number of altcoins, cryptoeconomics is now the backbone of an industry that possesses significant value. Cryptoeconomics utilizes cryptography to prove or ascertain the properties. . .

The post Incentives: Tokens, Privileges, Rewards, and Penalties in Cryptoeconomics appeared first on BTCMANAGER.

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Источник: btcmanager.com

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Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.

2018-7-21 23:03


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