Proof-Of-Social-Capital: Privacy-Preserving Consensus Protocol Replacing Stake for Social Capital

Consensus protocols used today in blockchains often rely on computational power or financial stakes - scarce resources. We propose a novel protocol using social capital - trust and influence from social interactions - as a non-transferable staking mechanism to ensure fairness and decentralization...

Research on Human Honesty

New research from Science: "Civic honesty around the globe": Abstract: Civic honesty is essential to social capital and economic development, but is often in conflict with material self-interest. We examine the trade-off between honesty and self-interest using field experiments in 355 cities...