Hi Simon. Curation markets seem like a “pay to play” arrangement.
David Michael

Hey Michael! It is a “pay to play” arrangement vs no-fee conversation mediums. That act of having the tokenized signals is what we want to experiment with.

Like Bitcoin/Ethereum & other cryptocurrencies, speculation serves a useful benefit in bootstrapping these networks. The goal is to keep it at a healthy level so as not to introduce more transaction costs that destroys the purpose of aiding coordination.

The wealthy attacker is a problem and has lead me down many paths trying to mitigate around it (eg different burning/holding techniques interspersed within the protocol). The wealthy attacker in general is a problem in crypto-economics (see 51% attacks). The goal is not add so many barriers to avoid a wealth attacker that inhibits honest coordination. It is not an easy problem. Vlad Zamfir wrote up an interesting analysis on the cost of regrouping if an attack occurs, that also made change some of my perspectives around these designs. In other words, it might be better to allow the honest group to easily just re-org around a wealthy attacker vs trying to avoid the attacker at all.

This warrants a wholly separate blog post! Will definitely expand on this soon! Thanks for reading/commenting!

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