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Abstract of this talk:
We outline a token model for Truebit, a retrofitting, blockchain enhancement which enables secure, community-based computation. The model addresses the challenge of stable task pricing, as raised in the Truebit whitepaper, without appealing to external oracles, exchanges, or hierarchical nodes. The system’s sustainable economics and fair market pricing derive from a mintable token format which leverages existing tokens for liquidity. Finally, we introduce a governance layer whose lifecycles culminates with permanent dissolution into utility tokens, thereby tending the network towards autonomous decentralization.
About the speaker:
Jason Teutsch, Founder at Truebit
Jason Teutsch is a mathematician and computer scientist whose research background includes distributed systems theory, game theory, and algorithmic randomness. He has held postdoctoral positions at National University of Singapore, Penn State, and Universität Heidelberg, research positions at think tanks RAND and IDA, and multiple Fulbright fellowships.
Web: [ Ссылка ]
Token Model: [ Ссылка ]
Recorded at TEGG 2019, Token Engineering Global Gathering, Berlin.
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