List of primitives useful for using cryptoeconomics-driven internet / social media applications – Economics – Ethereum Research

There has recently been a lot of interest in using cryptoeconomic or token-based techniques for fighting spam, maintaining registries, identifying fraudulent ICOs, reducing manipulability of upvoting, etc etc. However, this is an area where it is easy to create something very exploitable, or fail to achieve one’s goals, by building the application in the wrong way.Cryptoeconomics in social media has unique challenges; particularly: The inherent subjectiveness of judging the quality or suitability of a given message Rampant speaker/listener fault ambiguities 8 The public-good nature of internet content, making it difficult to incentivize The inability of a blockchain to know what happened “in the real world”, or make any measurements of the real world (with limited exceptions, eg. mining hashpower)However, there are ways to design primitives that sidestep these issues in different ways.This list is an ongoing work in progress.

Source: List of primitives useful for using cryptoeconomics-driven internet / social media applications – Economics – Ethereum Research