Betidig

Betidig is a fictional digital asset and blockchain platform used in educational contexts to illustrate principles of decentralized finance and programmable money. It is not a real-world project and should not be interpreted as an active protocol or investment opportunity.

Origin and purpose: The Betidig concept appears in textbooks and tutorials as a composite model that combines a public ledger, a native token, and a framework for smart contracts. Developers and instructors use it to explain token economics, governance processes, security considerations, and the trade-offs involved in decentralised systems.

Technology and design: In the fictional Betidig design, the ledger is described as permissionless and globally verifiable, with a native token used for transaction fees and staking rewards. The platform is said to support Turing-complete smart contracts, with a consensus layer based on proof-of-stake and a modular architecture for potential upgrades.

Economics and governance: The simulated token supply is typically described as capped with a specified emission schedule, or alternatively inflationary within a treasury-managed regime. Governance is depicted as a token-holder voting system to approve upgrades, fund development, and adjust parameter settings, subject to protective measures against governance attacks.

Impact and reception: Betidig is widely used in academic and training materials to discuss benefits and risks of blockchain design, including centralization risks, security vulnerabilities in smart contracts, and the challenges of aligning incentives in decentralized ecosystems. It has no active deployment.