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Vitalik Buterin Calls For Lawmakers To Adopt Blockchain Protocols Fighting Monopolies
Summary: Vitalik Buterin has called for lawmakers to be more accommodating to blockchain protocols, saying they can help antitrust agencies fight monopolies and anti-competitive behavior.Together with Thibault Schrepel, an antitrust academic and Harvard faculty associate, the creator of Ethereum argued in a newly published paper that blockchain and antitrust agencies "share a common goal" in stopping ...
Vitalik Buterin has called for lawmakers to be more accommodating to blockchain protocols, saying they can help antitrust agencies fight monopolies and anti-competitive behavior.
Together with Thibault Schrepel, an antitrust academic and Harvard faculty associate, the creator of Ethereum argued in a newly published paper that blockchain and antitrust agencies "share a common goal" in stopping the overt centralization of economic clout. In other word: decentralization.
Titled: "Blockchain Code as Antitrust," Buterin and Schrepel argue antitrust agencies promote decentralization by punishing anti-competitive behaviors to prevent "harmful concentrations," similar to a blockchain that puts decentralization at its very core-layer of functioning.
Tracy Chen
Tags: Protocols,Vitalik Buterin
Link: Vitalik Buterin Calls For Lawmakers To Adopt Blockchain Protocols Fighting Monopolies [Copy]
