Austin Castellaw

I love that. That’s super interesting. Okay. So, I have some sort of nosy questions for you. How do you get paid and how is it determined how much you get paid?

Each node has to verify the validity of every computation the users send to the network on blockchains. One of the major bottlenecks of blockchains' scalability is how to increase computational bandwidth without increasing the verification cost, which is ultimately the decentralization guarantee of a blockchain. The higher the verification cost, th... See more

But there are other issues:

2. Who to distribute ownership to (making sure you are distributing ownership to those that create the most value)

This is a fundamental shift in blockchain scaling.Running a game completely on-chain on a monolithic blockchain is economically unfeasible and will remain so for the foreseeable future. That is why most of the blockchain games that have been released in the past few years are in a hybrid form, having only a few components of their stack on-chain wh... See more

If the token distribution is easy to game, value extractors will find a way maximize the number of tokens they earnTokens spent on these entities have a negative benefit, as the project doesn't receive real users or growth in return

0/ Token incentives are a popular way to distribute ownership to people that provide a useful service But as we've seen, some of these distributions are easy to game and are less effective in hitting their key objectives Here's my framework for thinking about this 👇