What Is the Principle of “Credible Neutrality” in Blockchain Economics?
Credible neutrality is the principle that a blockchain protocol should be designed and governed in a way that is maximally fair, unbiased, and resistant to political capture or influence from any single party. In blockchain economics, this means the rules (like issuance schedule, fee structure, and consensus) are enforced purely by code and cryptography, ensuring that no participant can gain an unfair advantage.
This neutrality is critical for attracting and retaining a global, diverse user base.