Outline

1. Why you should care about Cryptoeconomics
2. Use cases and why we need Cryptoeconomics
3. Social Contracts & Crypto
4. Goals
5. Security Models
6. The Two Pillars of Cryptoeconomics
7. Cryptographic Tools: hashes, digital signatures
8. Economic Tools: tokens, block rewards, consensus mechanisms
9. Possible Attacks
10. Summary
11. Further readings

Why you should care about cryptoeconomics

We often imagine Bitcoin and other cryptocurrencies like the Wild Wild West: no rules, no social norms, only greed, selfishness and mining. This perceived lack of law and order makes the crypto world scary to many people. However, in reality, there are rules that govern decentralized…


In Part I of the series, we’ve learned why cryptoeconomics is important and what assumptions (security models) and goals it usually considers.

Outline Part II:
6. The Two Pillars of Cryptoeconomics
7. Cryptographic Tools
8. Economic Tools: tokens, consensus mechanisms
9. Other Cryptoeconomic Concepts
10. Possible Attacks to the network
11. Summary
12. Further readings

The Two Pillars of Cryptoeconomics

As already mentioned above, cryptoeconomics splits into two pillars:

  1. Cryptography: techniques that keep messages secure
  2. Economic incentives: rules and rewards that encourage you to add value to the network
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Cryptographic Tools

As mentioned above, cryptographic tools are techniques that keep messages secure…


Outline Part I:

1. Why you should care about Cryptoeconomics
2. Use cases and why we need Cryptoeconomics
3. Social Contracts & Crypto
4. Goals
5. Security Models

Outline Part II (read it here):

6. The Two Pillars of Cryptoeconomics
7. Cryptographic Tools
8. Economic Tools: tokens, consensus mechanisms
9. Possible Attacks to the network
10. Summary
11. Further readings

Why you should care about cryptoeconomics

We often imagine Bitcoin and other cryptocurrencies like the Wild Wild West: no rules, no social norms, only greed, selfishness and mining. This perceived lack of law and order makes the crypto world scary to many people. However, in reality…


Self-education

When I was still working 65–70 hours/week, I wanted to educate myself from the bottom-up about the crypto world. At that point, I had already taken a class about a year ago that taught me the technical fundamentals of Bitcoin and blockchain but it didn’t seem like enough. I didn’t have much time for online classes, conferences, meetups and because the field is so new, I couldn’t simply pick a Masters degree in the field and go. I found other ways to educate myself, one of which were podcasts. …


Current challenges and possible solutions

Why and how will more institutional money enter the crypto world en masse, and what types of innovation do we need to facilitate that? To take the next step into widespread adoption of blockchain technology we need smarter investing — and especially more investing. Hedge Fund, VC money and ICOs are currently the financial foundations for all things crypto, however, it cannot and should not stay like this forever. The influx of institutional money will inevitably transform the crypto and blockchain space by increasing market cap significantly, providing more legitimacy and, most importantly, funding more projects.

The crypto investments space…


Who is Stephen Bannon and why should everyone be worried about his new position?

Bannon was chosen as Chief Strategist and Senior Counselor to the president-elect. He is the former Chief of Breitbart News, an “alt-right” (rebranded white supremacist) platform. He has been denounced for several reasons, including his white supremacist agenda, from leaders across the political spectrum. Read why the agenda he publicly supports is dangerous for the American democracy and national safety: http://www.nbcnews.com/politics/white-house/analysis-breitbart-s-steve-bannon-leads-alt-right-white-house-n683316

Stephen Bannon and Breitbart News, in Their Words” (read in incognito mode, if prompted to log in.)

“How Bannon flattered and coaxed Trump on policies key to the alt-right”

Neo-nazis/white nationalists see him as a key figure to enact…

Anami Nguyen

I’m passionate about blockchain & other things that will change the world. Used to make spreadsheets at JP Morgan & sleep through finance lectures at NYU Stern.

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