The Blockchain Game: Synthesis of Byzantine Systems and Nash Equilibria
This work addresses the integration of Byzantine systems and Nash equilibria for blockchain applications, presenting a conceptual synthesis rather than incremental improvements.
The paper tackles the problem of synthesizing blockchains from fault-tolerant distributed systems and game theory perspectives, formulating a new game-theoretical problem and sketching a closed-form Nash equilibrium as a result.
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.