
#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.
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