Starting from the "lemon problem," explore the self-regulatory way of Zero-Knowledge Proof to achieve the Web3 ecosystem.Compilation: Loxia
Lemon Problem and Trust Crisis
Today I don't plan to talk too much about technology, what I want to discuss is a social issue we are facing in the field of encryption. The title of this speech is 'Social Consensus and Self-regulation'. First of all, I would like to ask if anyone has heard of the 'Lemon Problem'? Does this term ring a bell?
Okay, not very impressed, not very.
So, in American slang, "lemon" refers to a car that is unreliable, and it's a car that you didn't know would be unreliable beforehand. I'm not sure about the origin of this word, but "lemon" is the meaning.
Well, a good car, a reliable car is called a "peach". I didn't know about this before, I found out by checking, it's quite cute.
The 'lemon problem' is basically a problem for used car dealers. When you go to the used car market, it looks a bit like this, feeling a bit deceptive, because you don't know if the car you're buying will be a 'peach' or ''
DeepFlowTech·2025-02-12 20:39