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Introducing Ethereum and Solidity: Foundations of Cryptocurrency and Blockchain Programming for Beginners
book

Introducing Ethereum and Solidity: Foundations of Cryptocurrency and Blockchain Programming for Beginners

by Chris Dannen
March 2017
Beginner
185 pages
5h 57m
English
Apress
Content preview from Introducing Ethereum and Solidity: Foundations of Cryptocurrency and Blockchain Programming for Beginners

© Chris Dannen 2017

Chris Dannen, Introducing Ethereum and Solidity, 10.1007/978-1-4842-2535-6_7

7. Cryptoeconomics Survey

The study of economic activity conducted across secure computer networks is known as cryptoeconomics

Chris Dannen

(1)Brooklyn, New York, USA

Let’s take a break from mining and deployment and talk about some of the design choices that went into Ethereum: specifically, those around its system of economic incentives and disincentives. Broadly speaking, this facet of Ethereum overlaps with the field of game theory, the study of rational, intelligent decision-making in situations involving conflict and cooperation.

Game theory is used in economics, defense planning, psychology, political science, biology, and even the study of gambling ...

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Publisher Resources

ISBN: 9781484225356Purchase book