Book: Cryptoeconomics
Authors: Jian Gong, Wei Xu
ISBN: 978-0-367-42993-5
Previous: Future of Cryptoeconomics
I started this series asking what cryptoeconomics means beyond buzzwords. Eight chapters later, here is where I landed.
Book: Cryptoeconomics
Authors: Jian Gong, Wei Xu
ISBN: 978-0-367-42993-5
Previous: Blockchain in China | Next: Series Wrap-Up
The final chapter zooms out. Steam engines gave power. The internet gave computation. Blockchain, Gong argues, tackles trust.
Book: Cryptoeconomics
Authors: Jian Gong, Wei Xu
ISBN: 978-0-367-42993-5
Previous: Blockchain Security | Next: Future of Cryptoeconomics
Chapter 7 is Wei Xu’s home turf. After theory-heavy chapters, Gong pivots to China: where blockchain left the whitepaper and touched invoices, courtrooms, and mango supply chains.
Book: Cryptoeconomics
Authors: Jian Gong, Wei Xu
ISBN: 978-0-367-42993-5
Previous: Behavioral Economics | Next: Blockchain in China
Chapter 6 asks the uncomfortable question: freedom without security is worthless. Gong separates real-world economics (discover laws) from cryptoeconomics (design rules in code).
Book: Cryptoeconomics
Authors: Jian Gong, Wei Xu
ISBN: 978-0-367-42993-5
Previous: Game Theory | Next: Blockchain Security
Chapter 5 is a gear shift. Less hash functions, more psychology. Gong asks: if cryptoeconomics assumes rational actors, why do crypto markets look so unhinged?
Book: Cryptoeconomics
Authors: Jian Gong, Wei Xu
ISBN: 978-0-367-42993-5
Previous: Optimized Consensus | Next: Behavioral Economics
Chapter 4 is where Gong connects the dots. Consensus is not just computer science. It is mechanism design: set the rules so selfish players produce a good outcome anyway.
Book: Cryptoeconomics
Authors: Jian Gong, Wei Xu
ISBN: 978-0-367-42993-5
Previous: Consensus Mechanisms | Next: Game Theory
Chapter 3 is the longest chapter in the book, and it shows. Gong catalogs years of altcoin experiments and PoS research papers. If Chapter 2 was “what consensus is,” Chapter 3 is “what people tried to fix.”
Book: Cryptoeconomics
Authors: Jian Gong, Wei Xu
ISBN: 978-0-367-42993-5
Previous: What Is Cryptoeconomics? | Next: Optimized Consensus
Chapter 2 opens with drama. In February 2018, a Bitcoin community figure suggested revising the consensus mechanism. The backlash was instant. “You do not understand Bitcoin.”
Book: Cryptoeconomics
Authors: Jian Gong, Wei Xu
ISBN: 978-0-367-42993-5
Previous: Series Intro | Next: Consensus Mechanisms
Chapter 1 of Cryptoeconomics does the groundwork. Gong splits the word in half: cryptography plus economics. Both sides need to click before blockchain makes sense.
Book: Cryptoeconomics
Authors: Jian Gong, Wei Xu
ISBN: 978-0-367-42993-5
Most people hear “blockchain” and jump straight to price charts. Gong Jian’s Cryptoeconomics (CRC Press, 2020) asks a different question: what economic rules make a decentralized network actually work?