kaal:claim:3782210-032

Because reputation tokens are constantly created, the reputation economy is inflationary, and a member with very high reputation must do proportionally more work merely to maintain the disparity, which makes reputation less likely to concentrate and acts as a natural counterbalance to accumulation of individual power.

If one member happens to have a very high reputation, they need to do proportionally more work to maintain the disparity, making reputation less likely to concentrate when people have comparable talent.

Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021), Security, p. 11
https://ssrn.com/abstract=3782210 · source PDF

Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782210

• steady state growth, not exponential growth of customers
• members of comparable talent

mechanismsupport: arguedtokenomicsdecentralizationeconomics

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