Post
Topic
Board Bitcoin Discussion
Re: Do you know any game theory tucked inside Bitcoin?
by
Liamttw
on 28/07/2021, 02:45:03 UTC
Bitcoin game theory and incentive system can prevent malicious attacks on the Bitcoin network system. When having 51% of the computing power, can obtain high profits by performing the mining of the bitcoin system normally. The introduction of game theory enables the network to operate correctly and directs the behavior of participants to the desired result. By using incentive mechanisms, bitcoin successfully coordinated the interests of untrusted actors in a distributed network.