Incentive based consensus in blockchains whose stated objective is to be decentralised is a classic example of #perverseincentive #PoS #PoA #stellar
stellar.org/blog/ecosyst...
stellar.org/blog/ecosyst...
Stellar | Proof-of-Stake vs. Proof-of-Agreement: The Stellar Network's Security Edge
Explore the vulnerabilities of Proof-of-Stake blockchains like Ethereum and Solana, and discover how the Stellar network's Proof-of-Agreement offers a secure alternative.
stellar.org
April 27, 2025 at 9:54 AM
Incentive based consensus in blockchains whose stated objective is to be decentralised is a classic example of #perverseincentive #PoS #PoA #stellar
stellar.org/blog/ecosyst...
stellar.org/blog/ecosyst...
The “Cobra Effect” is when a solution backfires—like when a bounty for dead snakes led people to breed more cobras. The result? Even more cobras. #CobraEffect #Economics #IncentiveFail #HistoryTrivia #PerverseIncentive
May 21, 2025 at 12:02 PM
The “Cobra Effect” is when a solution backfires—like when a bounty for dead snakes led people to breed more cobras. The result? Even more cobras. #CobraEffect #Economics #IncentiveFail #HistoryTrivia #PerverseIncentive
So likely, the project just has to just absorb the extra cost - if it can. Like others I’m sure, my small project is borderline viable as it is.
It is true that I could build a 4 unit bldg and pay $0 parks levy… should I just give up 2 units? That is the incentive structure.5/7
#perverseincentive
It is true that I could build a 4 unit bldg and pay $0 parks levy… should I just give up 2 units? That is the incentive structure.5/7
#perverseincentive
March 12, 2025 at 4:03 PM
So likely, the project just has to just absorb the extra cost - if it can. Like others I’m sure, my small project is borderline viable as it is.
It is true that I could build a 4 unit bldg and pay $0 parks levy… should I just give up 2 units? That is the incentive structure.5/7
#perverseincentive
It is true that I could build a 4 unit bldg and pay $0 parks levy… should I just give up 2 units? That is the incentive structure.5/7
#perverseincentive