"You just need the incentives pointed the right way, and the network builds itself."
— @RafeFurst, Solving the Prisoner's Dilemma of Money
$CRCW #blockchain#Web3
What if cooperation didn't require anyone to cooperate on purpose?
"The selfish move for every participant is also the best move for the whole system."
— @RafeFurst#blockchain#Web3
Staking on Frame is being designed so users won’t need to evaluate individual validators.
🤔 That came up in our latest Discord AMA.
Frame’s delegation layer is being structured around a shared pool, with stake distributed across validators automatically. If a validator is penalized or slashed, the impact of any single validator failure would be spread across the pool rather than concentrated on one participant.
Delegation is expected to roll out as the network matures.
The unbonding period is expected to adjust based on network conditions, averaging roughly 30 days. Staking rewards are expected to be claimable or restakable immediately.
Tokenomics and validator requirements to follow. 💬
Frame is being designed around a single idea from game theory: make the selfish move the cooperative one. ♦️
Most networks are built to capture value and hold it in. Every chain becomes its own island, and every island profits from staying separate. The bridges between them get exploited, and billions have been lost that way.
Frame is being designed to do the opposite. ⚡️
Connect other chains into one economy, lift what each of them can do, and grow by making them stronger rather than competing with them. 💪
The move that is best for any one participant is also the best move for the whole system.
What if blockchain networks worked together instead of competing for liquidity?
“A new blockchain designed to connect every other blockchain into one economy.”
— Rafe Furst
Solving the Prisoner’s Dilemma of Money
Read the founder blog:
https://t.co/a3gXZy79OS
$CRCW #Web3
“Bitcoin solved the dilemma for storing value. But what happened next was not what any of us expected.”
— Rafe Furst
Solving the Prisoner’s Dilemma of Money
Read the founder blog:
https://t.co/QP3g2aHibR
#blockchain#Web3