US EditionIncentives in code: How game theory powers cryptoeconomics
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Incentives in code: How game theory powers cryptoeconomics
Behind every crypto protocol, or behind every validator’s honest behavior or every miner’s relentless pursuit of hash-crunching, lurks a subtle, rigorous architect that drive predictable behavior: game theory.The quiet but effective influence of game theory is everywhere, encoded into the foundations of blockchain systems. Without it, all of the systems of decentralized finance, autonomous governance, and permissionless coordination would collap…
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