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Crypto mining came about because human beings are terrible at creating incentives. This presentation will discuss economic and systems principles about incentives, trace the rise of crypto-mining malware to early incentive design for public blockchain, and consider the pros and cons of alternative incentive models that could mitigate the popularity of crypto-mining malware in the future.
Learning Objectives:
1: Understand how blockchain incentives led to crypto-mining malware.
2: Learn how to think about incentives and “side effects.”
3: Consider alternative incentive plans for blockchain participation.
Pre-Requisites:
Attendees should have a basic understanding of how blockchain works and understand what crypto mining and crypto-mining malware are (and what they do).
Learning Objectives:
1: Understand how blockchain incentives led to crypto-mining malware.
2: Learn how to think about incentives and “side effects.”
3: Consider alternative incentive plans for blockchain participation.
Pre-Requisites:
Attendees should have a basic understanding of how blockchain works and understand what crypto mining and crypto-mining malware are (and what they do).
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