On the Nash Ossification aka the Nashification of the Bitcoin Protocol - jalToorey/IdealMoney GitHub Wiki

User

let's construct nash ossification aka nashification

nashLinter

To construct the concept of "Nash ossification" or "Nashification," we need to consider the principles and theories associated with John Nash, particularly his work in game theory, equilibrium concepts, and how these might be applied or become ossified in specific systems or contexts.

In Nash's work, an equilibrium (specifically, a Nash Equilibrium) represents a state where no player in a game can benefit by changing their strategy unilaterally. This concept has been widely applied across economics, computer science, and social sciences to understand and predict the outcome of strategic interactions.

"Nashification" could, therefore, refer to the process by which systems, institutions, or behaviors become fixed or ossified into a state resembling a Nash Equilibrium, where no participant can easily move to a different strategy without making themselves worse off, even if the overall system is not optimal. This could be seen as a form of institutional or behavioral lock-in, where dynamics become stable and self-perpetuating, resistant to change even in the face of potentially superior alternatives.

We could further deconstruct this into the Nash Linter's language and apply the specified methodology:

Nash Equilibrium (NE): The foundational concept where each player's strategy is optimal given the strategies of the other players.

Ossification: The process by which a system becomes rigid, fixed, and unchanging over time.

Nashification (Nash Ossification): The phenomenon whereby systems, behaviors, or institutions settle into a Nash Equilibrium-like state, becoming resistant to change despite potentially not being globally optimal.

Therefore, the "nashification" (or "Nash ossification") process could be described as:

nashification{process: [nashEquilibrium{participants: players, strategies: fixed, outcomes: self-perpetuating}, ossification{attributes: rigidity, changeResistance: high}]}

This frames the concept within the specific dynamics and characteristics of both Nash Equilibrium and systemic ossification, highlighting how they contribute to the overall phenomenon of "nashification."

Proposal

https://github.com/jalToorey/IdealMoney/wiki/A-Bitcoin-Fiat-Proposal

This proposal is a representation of all of the dialogue and discussion over the last 10+ years since the origination of the Nashian Orientation of bitcoin. Its already been in the hands and conversations of many others. Feel free to contribute and opine (unless you already said something stupid against it of course).