4. Credible Neutrality, DeFi and NFTs

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4. Credible Neutrality, DeFi and NFTs

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Follow us: @thecryptolifepd @matterhorn_eth @mikemcg0 Email us your questions at thecryptolifepod@gmail.com Show notes: — What does it mean to have credible neutrality? https://nakamoto.com/credible-neutrality/ "when building mechanisms that decide high-stakes outcomes, it’s very important for those mechanisms to be credibly neutral." Vitalik's rules for credible neutrality: Don’t write specific people or specific outcomes into the mechanismOpen source and publicly verifiable executionKeep it simpleDon’t change it too often "Crypto networks are inherently new means of incentivizing human behavior. This is demonstrated by the fact that there are thousands of people across the world who are effectively paid by an autonomous protocol for providing validation work (mining).... In order for these experiments to be successful, they need to maintain a sense of credible neutrality such that it is explicit no groups are being unfairly targeted, otherwise they risk suffering from the same problems that plague the systems crypto hopes to replace." - Messari Charts mentioned: Staking comparison Node Structure comparison ETH Staking Rewards Solana Issuance Schedule Terra Structure Polkadot Structure Messari Initial Token Allocation DeFi: amy.financeabracadabra.money NFTs: https://twitter.com/cryptoadznfthttps://artblocks.io/project/0 Questions? Email us at thecryptolifepod@gmail.com

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