A game-theoretically sound incentivization scheme (e.g., proof-of-work costs plus block rewards) to economically secure the state machine in an open environment
This is a key point, one of the “secret sauces,” or core principles of a blockchain is how to make it economically consistent. Not morally consistent, logically consistent, or opportunistically consistent, ECONOMICALLY consistent. Shows why capitalism is the best system for society, among freedom considerations.
