The Blockchain Game: Synthesis of Byzantine Systems and Nash Equilibria

12/20/2019

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by   Dongfang Zhao, et al.

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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.