From 90f2bad96fcae31b79531e1bd9bf7761b8df8fa6 Mon Sep 17 00:00:00 2001 From: David Gasquez Date: Fri, 21 Feb 2025 11:20:45 +0100 Subject: [PATCH] =?UTF-8?q?docs:=20=F0=9F=93=9D=20add=20perspective=20on?= =?UTF-8?q?=20blockchains=20as=20social=20and=20economic=20laboratories?= MIME-Version: 1.0 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 8bit --- Blockchain.md | 1 + 1 file changed, 1 insertion(+) diff --git a/Blockchain.md b/Blockchain.md index 1f48aa4..3617d4d 100644 --- a/Blockchain.md +++ b/Blockchain.md @@ -15,6 +15,7 @@ - You can encode "incentives" in a smart contract that will be enforced by the code. This drives behavior. - Smart contracts allow permissionless composability. [Composability allows anyone in a network to take existing programs and adapt or build on top of them, it unlocks completely new use cases that don't exist in our world](https://future.a16z.com/how-composability-unlocks-crypto-and-everything-else/). - [Blockchains could replace networks with markets](https://twitter.com/naval/status/877467629308395521). +- [They can be thought of as social and economic laboratories because they're great for experimenting with novel concepts at scale](https://x.com/binji_x/status/1891929209737470024). - One of the main downsides of blockchains is that most humans are not good at protecting their passwords, credentials or private keys. - Blockchains can be used to ensure the best output in prisoner dilemma style interactions. Write a smart contract that does X when everyone has added the money and no one will be able to betray. - Blockchains solve distribution problems but they don't solve the problem of who will add the money to the ecosystem. That's a political one. Unless there are good incentives to move to blockchains.