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Incentives and Blockchain - A Deep Dive

Daily Axis

English - July 13, 2020 16:00 - 20 minutes - 13.9 MB
Business Technology decentralized finance crypto blockchain ethereum finance bitcoin technology Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed


In this episode, we discuss several of the incentive mechanisms that have come about through Blockchain Technology and Decentralized Finance.

We start with Bitcoin, and the Proof-of-Work based incentive, block rewards and transaction fees.

We then move on to discuss some of the other cryptocurrencies that have gone to Proof-of-Stake, and even other hybrid incentive models. 

In an attempt to disintermediate, the developers have been forced to come up with new incentives to reward the behavior they want, and disincentives to punish the behavior that is not in the best interest of the network.

This starts our week of Incentives - videos and podcasts this week will all cover different incentives in crypto and digital assets, and how they are attempting to drive the technology and financial ecosystem forward.

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