Post
Topic
Board Bitcoin Discussion
Re: Do you know any game theory tucked inside Bitcoin?
by
RainbowKun
on 02/08/2021, 03:30:17 UTC
User nodes can delete blockchains. change their user agent.. .. all meaningless
they just become useless to the network

the actual economic nodes (exchanges/merchants) that people actually spend funds with are more important. whatever direction, block, transaction format economic nodes choose:
pools follow them else pools cant spend their rewards/convert their rewards on exchanges.
Users cant spend funds if merchants/exchanges are not on the same ruleset so users follow merchants/exchanges

so the merchants/exchanges are the generals(making orders). pools are the sergeants(organising the grunts). and users are the grunts

I have been in the cryptocurrency world for a long time and this is what we might call a game, namely a game that will test our patience in doing business to get such sweet results for the future and I don't think this is anything new in the world. an investment that we will make and all types of investments have their respective games and it depends on us whether we are able to be patient or not by leaving for good from the business

In the game of the crypto world, participants will definitely choose the option that maximizes their own interests, which is determined by the rules of the game. When the collective benefit is maximized, so will the individual benefit. Therefore, everyone tends to maintain the stability of the entire network, rather than destroy the network.