Decentralizing money: Bitcoin prices and blockchain security
We address the determination of bitcoin prices and decentralized security. Users forecast the transactional and resale values of holdings, pricing the risk of systemic attacks. Miners contribute resources to protect against attackers and compete for block rewards. Bitcoin's design leads to mult...
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2022
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/7010 https://ink.library.smu.edu.sg/context/lkcsb_research/article/8009/viewcontent/SSRN_id3264448.pdf |
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Institution: | Singapore Management University |
Language: | English |