#cryptoeconomics and Asimov’s Psychohistory
▻https://hackernoon.com/cryptoeconomics-and-asimovs-psychohistory-e0a3a70157be?source=rss----3a8
I recently finished the Foundation series by Isaac Asimov, one of the most popular and influential science fiction series ever, and I found myself getting pulled into it for many of the same reasons I have become so interested in cryptocurrencies and decentralized #blockchain projects. The trading, the “moon” and the “lambos” are all great, but what keeps me hooked on crypto is the developing field of cryptoeconomics, a technology-enabled mix of philosophy, sociology, psychology and economics; I will leave it to Vitalik to explain it in more detail.Using cryptography to prove properties about messages that happened in the past and economic incentives defined inside the system to encourage desired properties to hold into the future.(Paraphrased from Vitalik Buterin’s presentation on (...)