Fundamentals of CryptoEconomics - Application in Blockchain
Submitted by Pranay Prateek (@pranay01) on Wednesday, 15 November 2017
Blockchain and ICOs are the new buzzword of our times. But the real potential of blockchain lies in providing a new incentivisation mechanism through crypto-tokens. Cryptoeconomics is the branch which deals with design of mechanisms for incentivising desired goals in a blockchain based systems.
In this talk, I will discuss the fundamentals of cryptoeconomics and how it can be used for protocol design on blockchain. Audience will learn about fundamentals of cryptoeconomics, how it can be used for designing incentives for blockchain projects and introduction to mechanism design
It will be a beginner level talk, so any one broadly interested in blockchain technologies can attend the talk.
What is Crypto Economics?
Features of cryptoeconomic systems
Modelling crypto systems
Discussion of Casper protocol
Mechanism Design for blockchain projects
I have been working as a freelancer in blockchain space for last 3-4 months. I have done consulting for more than 5 ICO projects in their initial research and putting their whitepaper together. I have been interested in the cryptoeconomics space since last 2-3 months.
Prior to this, I have worked as Product Manager in Microsoft and have also worked on developing biometric algorithms for fingerprint recognition.