Schedule
Wednesday, September 30: Checkup 2 revisions (if desired), due at the beginning of class.
Friday, October 9: Problem Set 2 (moved from original deadline of October 2). Problem Set 2 will be posted later.
Monday, October 19: Midterm Exam
Checkup 2
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Notes
Why would a hypothetical cryptocurrency without miners not work? What is the essential service rendered by a miner?
How does Bitcoin handle forks? What criteria does it use to decide the branch to converge on?
What is a Nash Equilibrium in a game? What is the equilibrium strategy in a game of rock-paper-scissors?
What would happen to the bitcoin currency if everyone started mining selfishly?