Incentives in Blockchain Design and Applications

Harwick, Cameron

doi:10.2139/ssrn.3657592

Cited by 3 publications

(1 citation statement)

References 7 publications

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“…A crypto-currency unit is said to be staked if its holder delegates/renounces the right of relative exchange for a pre-specified period of time [67]. Hence, a crypto-currency holder who decides to stake is given a monetary reward (in expectation) to compensate for the constraint of not being able to trade their assets for the given period.…”

Section: Staking As Activation Functionmentioning

confidence: 99%

An Efficient and Decentralized Blockchain-based Commercial Alternative (Full Version)

Zeggari¹,

Lambiotte²,

Abadi³

2022

Preprint

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While online interactions and exchanges have grown exponentially over the past decade, most commercial infrastructures still operate through centralized protocols, and their success essentially depends on trust between different economic actors. Digital advances such as blockchain technology has led to a massive wave of Decentralized Ledger Technology (DLT ) initiatives, protocols and solutions. This advance makes it possible to implement trustless systems in the real world, which, combined with appropriate economic and participatory incentives, would foster the proper functioning and drive the adoption of a decentralized platform among different actors. This paper describes an alternative to current commercial structures and networks by introducing Lyzis Labs, which is is an incentive-driven and democratic protocol designed to support a decentralized online marketplace, based on blockchain technology. The proposal, Lyzis Marketplace, allows to connect two or more people in a decentralized and secure way without having to rely on a Trusted Third Party (TTP ) in order to perform physical asset exchanges while mainly providing transparent and fully protected data storage. This approach can potentially lead to the creation of a permissionless, efficient, secure and transparent business environment where each user can gain purchasing and decision-making power by supporting the collective welfare while following their personal interests during their various interactions on the network.

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Section: Staking As Activation Functionmentioning

confidence: 99%

An Efficient and Decentralized Blockchain-based Commercial Alternative (Full Version)

Zeggari¹,

Lambiotte²,

Abadi³

2022

Preprint

View full text Add to dashboard Cite

show abstract

An Efficient and Decentralized Blockchain-based Commercial Alternative

Zeggari¹,

Lambiotte

Abadi

et al. 2023

2023 IEEE 20th International Conference on Software Architecture Companion (ICSA-C)

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Sneakers were designated as the most counterfeited fashion item online, with three times more risk in a trade than any other fashion purchase. As the market expands, the current sneaker scene displays several vulnerabilities and trust flaws, mostly related to the legitimacy of assets or actors. In this paper, we investigate various blockchain-based mechanisms to address these large-scale trust issues. We argue that (i) pre-certified and tracked assets through the use of non-fungible tokens can ensure the genuine nature of an asset and authenticate its owner more effectively during peer-to-peer trading across a marketplace; (ii) a game-theoretic-based system with economic incentives for participating users can greatly reduce the rate of online fraud and address missed delivery deadlines; (iii) a decentralized dispute resolution system biased in favour of an honest party can solve potential conflicts more reliably.

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On V-form Firms: Governance, Cryptocurrency, and Internalization on the Blockchain

Caton

2020

SSRN Journal

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Incentives in Blockchain Design and Applications

Cited by 3 publications

References 7 publications

An Efficient and Decentralized Blockchain-based Commercial Alternative (Full Version)

An Efficient and Decentralized Blockchain-based Commercial Alternative (Full Version)

An Efficient and Decentralized Blockchain-based Commercial Alternative

On V-form Firms: Governance, Cryptocurrency, and Internalization on the Blockchain

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