Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: rationaltechoptimist on May 09, 2019, 10:52:52 AM



Title: Check out new game theoretic crypto-incentive structure for knowledge sharing
Post by: rationaltechoptimist on May 09, 2019, 10:52:52 AM
Format: Question & Answer (Q&A)

Stakeholders:
i) Questioner - initiates discussion with a certain minimum bounty which also acts as an anti-spam measure to allow only 'valuable' questions
ii) Answerer - provides best answer to maximize answer rewards.
iii) Voter - judiciously uses votes to maximize voting rewards.

All bounty questions have a certain expiry duration ranging from 2 to 7 days.

How game theoretic incentive structure ensures that people who share/curate best content are rewarded fairly?

i) Answer rewards depend on community votes.
ii) Each user gets 16 votes per question to exercise. Multiple votes to a particular answer are allowed to reflect intensity of liking.
iii) When answer voting is taking place, no previous identity/voting history of a particular answer is shown to the voter which eliminates bias.
iv) Those voters who had voted for the rewarded answers (found out after bounty expiration) also get to share a portion of bounty amount.


Check out this model in practice: www.masmic.com

Note: Masmic doesn't have a token of its own. But it needed a digital currency which supports global instant micropayments with on-ledger finality. Currently, the payments are done in XLM (Stellar Lumens).