Saved by Keely Adler
A Novel Framework for Reputation-Based Systems - a16z crypto
Yet these two roles are in opposition to each other. A token needs to be exchangeable in order to be liquid. But the more liquid a token is, the less effective it can be as a pure signal of reputation.
Andreessen Horowitz (AZ) • A Novel Framework for Reputation-Based Systems
Yet these two roles are in opposition to each other. A token needs to be exchangeable in order to be liquid. But the more liquid a token is, the less effective it can be as a pure signal of reputation.