Charles Hoskinson Explains Crypto’s ‘Cooperative Equilibrium’ Problem

A Look at Charles Hoskinson's "Cooperative Equilibrium" Thesis

  • Charles Hoskinson believes cryptocurrency suffers from a lack of cooperative equilibrium.
  • The challenge stems from the underlying tokenomics of cryptocurrencies.
  • Modern business relies on cooperative equilibrium to thrive.

Cardano founder Charles Hoskinson thinks the biggest challenge facing cryptocurrency growth is the lack of a cooperative equilibrium. Hoskinson made the statement during a recent interview, where he discussed issues affecting the broader cryptocurrency industry, including blockchain interoperability, synthetic biology, quantum computing, and several other critical elements of crypto development.

Hoskinson linked the highlighted challenge to the underlying tokenomics of cryptocurrencies, which makes them…

Source link