Trust Issues in the Online World
Many centuries back our interactions were limited to people around us. Today we interact with social media memes, news articles, international politics, pen-pals, and many other things on the internet. Trust has become an important issue. Trust is high with people near us as we know them for a longer time. But how should we trust sources on the internet? And how can we avoid exaggerated news and data manipulation by companies like Google and Facebook?
The Classic Prisoner’s Dilemma
The Prisoner's Dilemma, a classic concept in management studies that can be used to explain Trust. It has even been applied by the Joker in the movie "Dark Knight".
For someone who doesn’t know about the concept, let us explain it for you:
There are two thieves, say A and B, arrested by police and who must decide whether to confess or not. A gets three years in prison if B commits the crime and gets one year in prison. Similarly, B gets three years in prison if A confesses and gets one year. If both of them commit the crime, then both get two years of prison time. If both A and B didn't blame each other, then both of them can escape.
The Prisoner’s Dilemma concept has many variations. One was implemented as a game by Nicky Case — The Evolution of Trust, a game of why and how we trust each other. The other one was modified by Agnel Vishal from Sarchy and he put the game on the Ethereum Blockchain.
Introducing Trusting Trust
Trusting Trust is a 5-minute psychology like game. It’s a game about when and why we should trust others. In prisoners dilemma, prison term is the metric for reward and punishment. In Trusting Trust, coins is the metric for reward and punishment. You get and lose coins based on your move and your opponents move.
Setting up the game:
● Go to Trusting Trust’s site: https://cryptogame.ml.
● If you have Metamask installed, you can use it. Else you can login to Torus
and pay Ether. You can also ask for free Testnet Ether in
How It Works:
In the game, you will be given seven rounds. In each round, you have two choices:
Cooperate and Cheat.
● If you choose to Cooperate and opponent also Cooperates, both get a 2 coins
for the current round. If you Cooperate and opponent Cheats, you lose 1 coin
and the opponent gets 3 coins for the current round.
● If both Cheat, both do not get or receive a coin for current round.
● By the end of 7 rounds, if you have more than 11, you will get twice the
amount of crypto you deposited. Yay!!!
1. Out of the 2 options, cheat and cooperate, one option is better than the other.
You will have 50% chance of winning if you figure it out.
2. To find which is the better option, try calculating the number of coins you will
get considering all the possibilities of what you will do and what the opponent
3. The default deposit of 0.02 Ether can be edited. You are allowed to deposit a
max of half of the amount of ether in our wallet You can look at our
transactions and wallet balance at
https://etherscan.io/address/0x40ade8d4b29306486b0ed948dc2ed7a4ea71c2d8. So if you deposit max and win, you will get all our ether.