
Token Economy

However, the Internet we use today is still predominantly built on the idea of the stand-alone computer,
Shermin Voshmgir • Token Economy
Web1-2 stand alone computer
The protocol provides an operating system for a new type of economy that can transcend nation states and individual organizations.
Shermin Voshmgir • Token Economy
Token Curated Registries (TCRs) are a cryptoeconomic mechanism designed to incentivize the collective curation of public lists or content feeds in a social network.
Shermin Voshmgir • Token Economy
This family of protocols regulates the transmission of data, not how data is stored.
Shermin Voshmgir • Token Economy
In the case of Bitcoin, the public good represents a P2P payment infrastructure. In the case of Ethereum, the public good represents a P2P computing infrastructure.
Shermin Voshmgir • Token Economy
One of the most pressing applied research questions when developing complementary technologies for the Web3 is the question of how to reward network participants with a token, so that the network stays attack resistant.
Shermin Voshmgir • Token Economy
Decentralized applications don’t necessarily need to run on top of a blockchain network.
Shermin Voshmgir • Token Economy
While decentralized architectures are more resilient than their centralized Web2 predecessors, they are also slower.
Shermin Voshmgir • Token Economy
While early tokens were first only minted as part of the incentive scheme of the underlying blockchain protocols, with the advent of the Ethereum network, tokens have moved up the technology stack.