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by markerdmann
2900 days ago
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At the same time, it's possible for the NYT to hire a curator who doesn't act in your best interest. Jayson Blair is a good example of that problem. If there were an economic incentive to challenge facts published by the NYT, would Blair's deception have persisted for several years? It's even possible that a subject in one of his stories would stake tokens to challenge the accuracy of the story. Blair could then respond by voting against the challenge with a large number of tokens, but would other parties join Blair or the challenger? They would probably investigate further and effectively join the challenge as neutral arbiters. The incentive on both sides is to provide persuasive information to win votes. The direct token incentive for the neutral parties is two-fold: vote with the winning side to gain tokens, and increase the value of the tokens they hold by helping the registry to become more popular so that demand for the tokens increases. If consumers of the registry value accuracy, that incentivizes the entire network to fiercely defend the accuracy of the data. |
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