The Bitcoin Mining Game
This article deals with the mining incentives in the Bitcoin protocol. The mining process is used to confirm and secure transactions. This process is organized as a speed game between individuals or firms – the miners – with different computational powers to solve a mathematical problem, bring a pro...
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| Format: | Article |
| Language: | English |
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University Library System, University of Pittsburgh
2016-12-01
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| Series: | Ledger |
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| Online Access: | https://ledgerjournal.org/ojs/index.php/ledger/article/view/13 |