>>15848630
>Michael Reed...explained there are three types of tokens used to motivate participation: a reward token, a reputation token, and a penalty token
Holy fug they're really doing it. Bros, this is it. The path to decentralized trustless verification.
They've in essence created a Yelp for financial institutions with guaranteed payouts on collateral holds. Jesus fucking Christ. Do you faggots realize how many billions of dollars are written off in risk assessments this stands to eliminate?
>>15848960
Billions? Motherfucker, this changes the name of the game for global finance.