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The Blockchain Game: Synthesis of Byzantine Systems and Nash Equilibria

Published 20 Dec 2019 in cs.AI, cs.DC, and cs.GT | (1912.09644v1)

Abstract: This position paper presents a synthesis viewpoint of blockchains from two orthogonal perspectives: fault-tolerant distributed systems and game theory. Specifically, we formulate a new game-theoretical problem in the context of blockchains and sketch a closed-form Nash equilibrium to the problem.

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