RE: Earned 1.2 ETH worth of HEX with goHEX.fun

You are viewing a single comment's thread from:

Earned 1.2 ETH worth of HEX with goHEX.fun

in blockchain •  5 years ago  (edited)

I find Hex interesting because of the novel game theory. A lot will be learned from this Hex experiment which you are participating in. We will get to learn what works, what doesn't, what incentives work to do what, and how effective for example something like an "adoption amplifier" can be.

I never even heard of the concept of "adoption amplifier" before but I will see if it works. Even if Hex fails, eventually one of these smart contracts will be done in a way where the probability of failure becomes so low that it's lower than the probability of Satoshi dumping all his coins on Bitcoin holders (for example).

One way for example is privacy integration. If secret smart contracts (Enigma has this) and other privacy features were added in, then you could have a network market with game theory to have a smart contract which no one owns but everyone controls. There also are experiments going on in Tezos, in Tauchain, in other platforms, where the protocol itself can adapt on the fly but these technologies aren't completed yet so for now the limitation is the technical limitations of Ethereum (or Tron if you prefer).

My prediction and I could be wrong, is sooner or later these sorts of smart contracts with Hex style game theory will be perfected, and done in a way which is trust minimized, and which promote lockups, burnrate, etc. I hope hope hope that Richard Heart is an honest guy and that this experiment goes well.

For more on privacy tech: https://blog.enigma.co/solutions/home

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Hex is reminiscent of the inflation rate on the first 9 months of steem