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its entirely game theory because the only way to secure these distributed systems is if the participants all benefit most by enforcing the code and not deviatin
by solotronics 9y ago
its entirely game theory because the only way to secure these distributed systems is if the participants all benefit most by enforcing the code and not deviating
- fiatjaf 9y agoAll protocols of the world were thought with "game theory" in mind. They just didn't call it by that fancy name.
- solotronics 9y agoIn a way but I believe it is less direct in other examples. TCP was not built in a way with game theory in mind to give reward to the participants. I believe BTC will thrive because the users and miners are incentivized to strengthen and enforce the system instead of attack it, this was an important and purposeful part of the design.