#cryptoeconomics News

What is EOS and is it a Good Investment?

EOS Polls Show Overwhelming Support for Slashed Inflation Rate

June 4, 2019 by Anthonia Isichei at Altcoins

According to an online poll result released on June 1, 2019, statistics show that EOS account holders have voted in favor of a massive slash in the annual inflation rate, from five to one percent. The poll comes as a result of the excess inflation rate accumulated over time on the...

Vitalik Buterin Thinks Proof of Stake Will Make Ethereum Safer than Bitcoin

Vitalik Buterin’s Seven Deadly Crypto Sins: Centralized Proof of Stake

September 5, 2018 by Jefferson Nunn at Altcoins, Bitcoin, Blockchain, Business, Cryptocyclopedia, Ethereum

In the following series, BTCManager will be walking through, in detail, seven questions posed by the co-creator of Ethereum. These seven questions are some of the most relevant features of this booming ecosystem. From centralization, as in this week’s installment, to governance and everything in between. The series was inspired...

Democracy on the Blockchain: Incentivizing Voter Participation through Cryptoeconomics

August 24, 2018 by Alex Lielacher at Blockchain, Cryptocyclopedia, Regulation, Tech

Democracy is a form of governance where the population chooses its leaders through an open process known as voting. While it has its challenges, it is widely considered to be one of the best forms of political governance. Is Democracy Working? Researchers have been able to draw a parallel between...

Incentives Tokens, Priveleges, Rewards, and Penalties in Cryptoeconomics

Incentives: Tokens, Privileges, Rewards, and Penalties in Cryptoeconomics

August 13, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Cryptocyclopedia, Mining

Cryptoeconomics refers to the use of cryptography in order to create economic systems. This fairly new branch of economics came into existence following Satoshi Nakamoto's creation of Bitcoin in 2009. Following the creation of a large number of altcoins, cryptoeconomics is now the backbone of an industry that possesses significant...

Game Theory in Cryptoeconomics

August 3, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Cryptocyclopedia, Finance

Bitcoin’s pseudonymous creator(s) Satoshi Nakamoto utilized a range of scientific and economic models when he developed the world’s first digital currency. While many of these technologies already existed, it was Nakamoto's combination of this knowledge - in conjunction with his developed distributed ledger technology (DLT) - that ushered in a...

Vitalik Buterin Proposes a Shift to Uniform Price Auction for Ethereum Miner Compensation

July 10, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Development, Ethereum, Mining, News

Ethereum cofounder Vitalik Buterin has published a proposal to improve how cryptocurrency miners are paid. He believes that the current compensation model can be adjusted to benefit both miners and users. To that end, he has published a rather extensive document detailing how a uniform price auction can replace the...

Cryptocurrencies to Trade Alongside Precious Metals in Future, Says Director of Arizona’s Blockchain Lab

June 16, 2018 by Shaurya Malwa at Altcoins, Bitcoin, Finance, News, Tech

After Intercontinental Exchange (ICE) announced its intent to build a cryptocurrency trading platform, industry observers ascertained a shift from the financial industry’s mistrust of the volatile digital asset to widespread institutional adoption. Cryptocurrencies to Become “Alternative-Investments” In an interview with ASU Now, Dragan Boscovic, Director of Arizona State University’s Blockchain...

‘Initial Witness Offerings’ and ADAPT: Fixing the ICO Method

May 25, 2018 by Nigel Dollentas at Commentary, Ethereum, Finance, News

A Medium post by software engineer and co-founder of CoinFund, Aleksandr Bulkin, from May 12 invites discussion for his solution to an underdeveloped point in cryptocurrency; regulation in the ICO market. Initial Coin Offerings (ICO’s) was a concept of decentralized crowdfunding that entered cryptocurrency mainstream with the introduction of Ethereum....

Community Reacts to Vitalik’s April Fools Prank: Fixed Supply EIP (EIP 960) Rejected

April 21, 2018 by Nuno Menezes at Altcoins, Blockchain, Commentary, Ethereum, Finance, News

Vitalik Buterin has sent out an April fools prank this year that left the community with some concerns. While his prank consisted of a new fixed supply proposal for Ethereum, called Fixed Supply EIP 960, he later tweeted that whether it was a joke or not, he argued if the...

Hullcoin: Can Local Currency Help Stimulate Hull’s Economy?

April 4, 2018 by George Agbugba at Altcoins, Bitcoin, Blockchain, Finance, News, Tech

Volunteers and community workers may soon be able to get rewarded for doing "socially-useful tasks” thanks to a blockchain technology that rewards individuals effort with Hullcoins, of which can be exchanged for discounts at local retailers. Social Good and Local Currencies The idea, which had its inception in 2014, is...

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