The Game Theory of Blockchains

The game theory of blockchains is what you need to make them work because the rules have to be followed by humans just as they are by the software effectively. You need this sort of game theoretic principles in place to make sure that the humans also behave correctly as just as the software does yeah there's like that incentive angle right it's like not just coordination but you have to like incentivize that a coordination and so I think these incentives are actually much more fundamental and much more kind of the fabric of what makes the blockchain powerful. The more apps and use cases that can think about those in non just monetary terms are really going to be the major in locks, he says.

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