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#168 – Silvio Micali: Cryptocurrency, Blockchain, Algorand, Bitcoin, and Ethereum
Lex Fridman Podcast
Is It Possible to Maximize Your Utility?
Algorand is the kind of game that you're basically this mechanism design, design the game, such that it's scalable, secure and decentralized. The way we design Algorand is a totally different way, essentially with no incentives essentially. But technically speaking, there is a notion that is actually believable, right? So that to say, and people want to maximize their utility. Yes, up to a point.
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