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Can Blockchains Go Rogue? AI Whack-A-Mole, Incentive Machines, and Life. TE Series Part I.

Arguably, the core feature of tokenized ecosystems, aka public blockchains, isgetting people to do stuff. Incentives are powerful. But similar to AI / optimizer design, getting incentives right is hard. Blockchains can even be framed as life. In this context, what if we end up with a rogue life form sucking the life energy out of the planet? More pointedly: has Bitcoin gone rogue? This article explores these questions, in the first installment of a broader series aimed at improving the token design process.

Full post is [here].

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