Web3 Tech Brief By HackerNoon

A Post-Capitalist Critique of Cryptoeconomics


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This story was originally published on HackerNoon at: https://hackernoon.com/a-post-capitalist-critique-of-cryptoeconomics.


Departing from cryptoeconomic theories governing blockchain ecosystems, this series proposes a novel framework for decentralized consensus protocols.
Check more stories related to web3 at: https://hackernoon.com/c/web3.
You can also check exclusive content about #cryptoeconomics, #crypto-trading, #crypto-market-incentives, #profit-driven-abstraction, #postcapitalist-cryptoeconomics, #crypto-economy, #hackernoon-top-story, and more.


This story was written by: @delegate0x. Learn more about this writer by checking @delegate0x's about page,
and for more stories, please visit hackernoon.com.


Cryptoeconomics is the use of game theory, cryptographic proofs and computer science to guarantee future economic outcomes. It has been used to theorize protocol development and user experiences in ways that assume that people are profit maximizing individualists. Distributed ledger technologies and decentralized consensus protocols are too important for people and planet to leave to the interests of self-interest and profit-maximization.

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