Contextualizing Cryptoeconomics

Defining cryptoeconomics

• Key concepts:
  • append-only (immutable)
  • peer to peer (verifiable)
  • uncensorable (self-sovereign)

Brings in elements of:

• Computer science and cryptography
• Complex distributed systems engineering
• Archival and information science
• Economics and game theory

Glossary

Note: this is a work in project, I’ll continue to build out definitions here!

Address

Altcoins

Antifragility

Bitcoin

[Blockchain](https://en.bitcoin.it/wiki/Block_chain) is a type of data structure which is simple for anyone to verify and difficult for anyone to intentionally change.

• a literal chain of data blocks.

Consensus Algorithms

Custodial

Cryptocurrency

Cryptoeconomics

Cypherpunks

Decentralization

Decentralized Autonomous Organizations (DAOs)

DeFi

Ethereum

Fork(ing)

Immutability

Layer 2

Lightning Network

Node

Opt In Privacy

Proof of Work is the consensus algorithm utilized by Bitcoin, which utilizes competitive computing power from voluntary participants to secure the network.

• many computers across the world validate transactions transparently by doing complex math problems- proving their work.

Pseudonymity

Seed Phrase/Key

Self Sovereign

Solidity

Smart Contracts

Sybil Attack

Timestamping

Trustlessness

Wallet

Voluntaryism

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