Kose John,Thomas Rivera, Fahad Saleh May 24,2022
We study the equilibrium level of staking in a Proof-of-Stake blockchain when investors have different trading horizons. We find that,... Read More
Kose John,Thomas Rivera, Fahad Saleh May 24,20220
We compare the economic implications of scaling blockchains under the Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus protocols. We study an... Read More