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Beautiful Bitcoin
For those who are not bullish on Bitcoin, let me share something interesting with you. Game Theory and Nash Equilibrium: Bitcoin's incentive structure is designed around game theory to encourage honest behavior among participants. Nash Equilibrium is a concept in which no player can gain an advantage by changing their strategy unilaterally, assuming others stick to theirs. For those unfamiliar with it, Professor John Nash won the Nobel Prize in Economics for developing this elegant and groundbreaking mathematical concept. submitted by /u/Which_Swan1682 [link] [comments]
For those who are not bullish on Bitcoin, let me share something interesting with you.
Game Theory and Nash Equilibrium: Bitcoin's incentive structure is designed around game theory to encourage honest behavior among participants. Nash Equilibrium is a concept in which no player can gain an advantage by changing their strategy unilaterally, assuming others stick to theirs.
For those unfamiliar with it, Professor John Nash won the Nobel Prize in Economics for developing this elegant and groundbreaking mathematical concept.
[link] [comments]
