Kose John,Thomas Rivera, Fahad Saleh May 24,2022
Working Paper No.00076-00
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 Nov 01,2022
Working Paper No.00075-01
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