What is cryptoeconomics and why is it a crucial element in decentralised networks?

You may be familiar with Torrent Systems, a software that allows anyone to download and share their files with a decentralised network free of cost. Torrent works on an honour system; if you download a file, you are expected to share the file with others in the network. However, many users don’t follow this honour […] The post What is cryptoeconomics and why is it a crucial element in decentralised networks? appeared first on e27.