Can Blockchains Go Rogue?

Blockchains are not simply about money. The modern-day alchemists who minted Bitcoin and other digital assets have animated a generation of technologists to reimagine how the financial and commercial world operates. The vision that these technologists aim to bring to fruition is not just about payment systems and other financial instruments. Large ... See more

-Tokenization: Protocol tokens, such as Filecoin, serve as an intra-protocol incentive scheme. By calibrating the incentives and how they align with the token, you can create a protocol just like BitTorrent where instead of merely hoping users do the right thing, you pay them to do the right thing. And instead of hoping users aren’t assholes, you c... See more

Objective systems seem desirable, relying entirely on machines and not fallible and opportunistic humans. There is, however, a catch – machines may be running the code, but humans are acting on it. A subjective system might be able to differentiate between legitimate and illegitimate transactions in a way that an objective one could not. Concepts l... See more

Tokenizing everything has the potential of … turning all of our behaviour into a game of financial incentives