Lex Fridman Podcast cover image

#168 – Silvio Micali: Cryptocurrency, Blockchain, Algorand, Bitcoin, and Ethereum

Lex Fridman Podcast

00:00

Incentives and Game Theory in Blockchain

This chapter explores mechanism design within game theory, focusing on aligning individual self-interest with societal goals. It examines the complexities of blockchain systems, particularly Algorand's unique approach to incentives, and introduces the concept of epsilon utility equilibrium to promote honesty in gameplay.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner