Cryptoeconomics refers to the combinations of cryptography, computer networks and game theory which provide secured and decentralized systems which use some set of economic incentives to provide for their maintainence.

Cryptography is used to prove properties established in the past, such as account balances, identities and ownership.
Digital representations of economic value become possible, accessible to all, assignable, exchangeable and immune to censorship, able to be relied upon in the future.

Bitcoin example

Desired properties of Bitcoin:

create a chain of immutable blocks
maintain a state in the blocks
maintain a clock
convergence: blocks can only be added to the end of the chain, never changed or removed
validity: only transactions that satisfy certain rule expressions (validity predicate) should be included in the blockchain, i.e. transaction script and valid sender-receiver and amount
clock must always be increasing
data availability: anyone can download all the blockchain data
TX availability: transactions should close reliably and quickly if reasonable fees are payed

Discussion questions

How can the availability of cryptocurrency coins affect the price of such coins in national fiat Dollar rates?
What might be cryptoeconomic dynamics of a basic income cryptocurrency coin?

Readings

Wikipedia

Wikipedia:Cryptocurrency
Wikipedia:CryptoNote
Wikipedia:Blockchain
Wikipedia:List of cryptocurrencies
Wikipedia:Ledger (journal)
Wikipedia:Smart contract
Wikipedia:Decentralized autonomous organization
Wikipedia:List of bitcoin companies
Wikipedia:Monero (cryptocurrency)
Wikipedia:Gridcoin - BOINC research happens while computing contributors also mine Gridcoin cryptocurrency.

External

Learning videos

How Wallets and Exchanges Can Prevent a Split

References

Introduction to Cryptoeconomics - Vitalik Buterin, https://www.youtube.com/watch?v=pKqdjaH1dRo

External links