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6min chapter
Web3 Working Group – DarkHorse Podcast
DarkHorse Podcast
The Importance of Incentives in Networks
Incentives matter. It incentivizes or orchestrates the network to work properly. We've had BitTorrent for all of these years, but it's just become known as a piracy thing because the people who are involved in maintaining that network do it just because they care about it. You can't count on a file to be on the BitTorrent network for you. This is why we're actually built the way we are: Why does sex feel good? Because your ancestors passed their genes through this behavior and therefore a system was built to create an internal reward so that you would be driven to this thing,. So that kind of logic is how you have trade-offs at high level like SET
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