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Thanks for this clear example. With a combination of Token Curated Registries and a blend of bonded attestations (a la FOAM Point of Interest recording) and rep
by jonnydubowsky 8y ago
Thanks for this clear example. With a combination of Token Curated Registries and a blend of bonded attestations (a la FOAM Point of Interest recording) and reputation bonds (a la Colony), you end up with economic incentives spread out across validators and other stakeholders where there is enough of a penalty for cheating to prevent it. The key is setting the bonds correctly for the use case. This is why a multipurpose smart contract ecosystem such as Stellar wins out in my book. Token Curated Registries can be used to iteratively experiment with getting the game theory and Token economics right before there's tons of money at stake.