2min chapter

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#80 – Vitalik Buterin: Ethereum, Cryptocurrency, and the Future of Money

Lex Fridman Podcast

CHAPTER

Is Quadratic Funding Really Useful?

Quadratic funding is the mechanism. In which context is this? Sorry, what is the term quadratic? Quadratic funding is a way to pay for public goods in general. So imagine if n people each give a dollar, then the person gets n squared. And so that kind of perfectly compensates for the kind of n to 1 tragedy of the commons. I just wonder if the squared part is somehow fundamental. It is.

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