The inefficiency of Bitcoin revisited: A dynamic approach
نویسندگان
چکیده
منابع مشابه
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Blockchain Inefficiency in the Bitcoin Peers Network
We investigate Bitcoin network monitoring the dynamics of blocks and transactions. We unveil that 43% of the transactions are still not included in the Blockchain after 1h from the first time they were seen in the network and 20% of the transactions are still not included in the Blockchain after 30 days, revealing therefore great inefficiency in the Bitcoin system. However, we observe that most...
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ژورنال
عنوان ژورنال: Economics Letters
سال: 2017
ISSN: 0165-1765
DOI: 10.1016/j.econlet.2017.09.013