Analysis of Bitcoin and Blockchain using Game Theory and Behavioural EconomicsAishi BasuIJARIIT
All those battle strategies and tactics are irrelevant to technology, but about super intelligence and grasp of human nature. There's no unsupervised learning in terms of law enforcement. You want to solve every regulation problem with game theory and let the entire system govern itself? Be my ...
During a hard fork, blockchain networks split into two different chains. Follow Cointelegraph’s latest news and stay up to date on notable hard forks and their...
Using game theory, Satoshi implemented an incentive mechanism (consensus mechanism) calledproof-of-workthat enabled a new field of economic coordination, now called “cryptoeconomics” (the fields of economics and computer science to study the decentralized marketplaces and applications that can be buil...
(2014) Game-Theoretic Analysis of DDoS Attacks against Bitcoin Mining Pools. Financial Cryptography and Data Security, 8438, 72-86. http://dx.doi.org/10.1007/978-3-662-44774-1_6Johnson, B., Laszka, A., Grossklags, J., Vasek, M., Moore, T.: Game-theoretic analysis of DDoS attacks...
In contrast, Bitcoin has been around for over a decade and has a proven track record of security and decentralization. Its design is based on sound cryptographic principles and game theory, and it has weathered numerous attempts to attack or manipulate the network. ...
In contrast,Bitcoinhas been around for over a decade and has a proven track record of security and decentralization. Its design is based on sound cryptographic principles and game theory, and it has weathered numerous attempts to attack or manipulate the network. ...
An Efficient and Secure Blockchain Consensus Algorithm Using Game Theory In this work, we present a consensus mechanism known as Delegated Proof of Stake with Downgrading Mechanism using Game Theory (DDPoS (GT)). This ... N Arali,DG Narayan,HMHPS Altaf - 《International Journal of Computer Ne...
Only when all coins are minted and miners are only rewarded by transaction fees will we know the extent of the genius embedded in Satoshi Nakamoto's game theory
he proposed a decentralized system in which effectively no one could cheat. Nakamoto’s genius was to use a blend of cryptography, mathematics, and game theory to keep everyone honest. Instead of trusting the curator of some monolithic database to approve an all-knowing, all-seeing record of ...