2min chapter

The Foresight Institute Podcast cover image

Shielded Transactions: Andrew Miller, IUIC, ZCash Foundation, IC3 | Shielded Transactions Special

The Foresight Institute Podcast

CHAPTER

The Importance of Reciprocity in Private Transactions

I think an explanation is that if you are, you know, generous or cooperative with your friends, it will tend to circle back and benefit you. The difference between enforced reciprocity and the more general one is basically whether you're able to associate it to a particular other making that decisions versus just having it be the result of all of your interactions with some people to whom you have a rating in such a system.

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