Game Theory of the ORIZON Protocol

The ORIZON protocol is an innovation in how people interact with financial protocols.

We believe that ORIZON addresses the challenge of creating a new currency through internal coordination among different stakeholders within the protocol, without resorting to any policies enforced by a central entity. Essentially, this is an example of the Prisoner's Dilemma. The Prisoner's Dilemma is a situation where individuals' personal interests conflict with a common goal, leading players in the game to not cooperate, even though cooperation is in their best interest.

We will first outline the basic elements of game theory and analyse the Prisoner's Dilemma from a purely abstract perspective. Then, we will delve into the specific components of ORIZON. ORIZON is a complex protocol that deserves an in-depth and thorough analysis.