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Introduction to Game Theory for Blockchain

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Laurent H.
Introduction to Game Theory for Blockchain

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Hey Crypto-lovers,

This time we have the pleasure to welcome Clément Lesaege, the CTO of Kleros, who will introduce the concept of Game Theory in Blockchain.
Game theory is the study of mathemathical models of conflict and cooperation between Intelligent and rational decision-makers. Blockchain is a technology allowing the creation of decentralized ledgers without requiring a trusted third party to guarantee its authenticity. Actors still need to make particular actions in order for the ledger to work as expected. In order to make actors behave in a manner leading to the system working, the system must reward honest actors and punish dishonestly ones throught game theoretical incentives. For example, in Bitcoin, miners are rewarded when they publish blocks which are included in the longest chain.
This workshop will introduce basic game theoretical concepts in the form of simple economic games played between the participants. The workshop does not require previous knowledge and everyone is welcome

Clément has an engineering degree from UTC (France) and a Master Of Science in Computer Science from Georgia Tech (US). He discovered blockchain in 2013 throught fellow members of the pirate party. He has worked as a smart contract security freelancer finding vulnerabilities in smart contracts. At Kleros, he manages the smart contract and cryptoeconomics parts of the project. He got interested by game theory and its blockchain applications by designing the incentive mechanisms of the Kleros dispute resolution protocol.

Looking forward,

Laurent & Sandra

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