Game Theory And Its Application in the Cryptomarket

Game Theory And Its Application in the Cryptomarket

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With Game Theory being a mathematical branch, how does it help miners in cryptocurrency?
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We will also be looking at the genesis of game theory and how Nash equilibrium helps cryptocurrency miners.
Game theory is a branch of mathematics that examines one’s behavior in decision-making in certain situations whereby individuals or a certain firm have to communicate with each other. Not long ago, game theory was introduced and applied in the crypto market which is known for its high volatility and unpredictability.
In this article, we will explore what game theory is and how it’s applied in the crypto market. We will also take a look at the history of game theory. Additionally, we will  provide a survey of game theory in the crypto market. By the end of this article, we will be able to understand what game theory is and how investors can make wise decisions in the market.
What Is Game Theory?
As highlighted earlier, game theory is a branch of mathema

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