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  ·  4 years ago  ·  

What the h...! Chapeau if you manage to tailor this insane challenge as an algorithm to our concerns!
Maybe step by step, trial and error? Rome was not created in one day... ;-)
Happy Easter,
warm regards,
Chriddi

  ·  4 years ago  ·  

That's kinda my job! :-)

Thing is, many of these algos assume an agent-ignorance, a lack of total info, so that agents (sometimes human) act with incomplete knowledge, eg. the Prisoner's Dilemma is only a dilemma because the two people cannot communicate, so each has partial knowledge.

But on a blockchain, one can extract a lot of data so that, in theory, everybody acts from a POV of full-knowledge, not partial. This means decisions can be taken with global consequences in mind. This makes it easier to form allegiances on-chain that can break some of the purity of the algorithms.

I've said this many times, and perhaps takes some time to really sink in to the public: that after writing an algorithm, when you try to optimise its effects, it can end up doing something very different to the original intention.

Just as the 2-person cake sharing is easy, but many-people is hard - not just the process but also potential collusion among cake-lovers.