Zero Knowledge cover image

Episode 49: Blockchain 101: Cryptoeconomic Primitives and Staking

Zero Knowledge

Is There a Connection Between Irrational Behavior and Irrationality?

6min Snip

00:00
Play full episode
If you had the capacity to produce a 51% attack on Bitcoin, it would be rational to do so. But then if there is this equilibrium, you just sort of said that there is a need, at least at the beginning for some form of irrationality. I'm wondering if there is that connection between like acting maliciously wrong and being irrational. It turns out that there are really only two major strategies for incentives that exist in blockchains.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode