Software and Bounded Rationality

By Ethereum Foundation Blog

over 11 years ago

Article Summary

One of the key properties that is usually sought for in a cryptoeconomic algorithm, whether a blockchain consensus algorithm such a proof of work or proof of stake, a reputation system or a trading process for something like data transmission or file storage, is the ideal of incentive-compatibility - the...

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Published:September 2, 2014 at 09:02 PM

Source:Ethereum Foundation Blog

Category:Crypto

Reading Time:~2 min on source

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Software and Bounded Rationality

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