3min chapter

Interdependence cover image

Doomer Optimism and the Green Pill with Kevin Owocki

Interdependence

CHAPTER

Regenerative Crypto Economics

Crypto economics is the study of how goods and serices move together. In these block chain systems, you've got this base layer of money. Once you introduce smart contracts into block chain base systems, then you have an opportunity to write scripts that have their own rules for how money flows. It's s this foundation of block chain consensus mechanisms that allows deap developers like me to build crypto economic systems that are regenerative. And so ik quadratic funding is the example that we've already gone through, so maybe i'll just use that as an example here. But basically, using smart contracts on the etherian block chain, i can track how many people contributed what amount of

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