A Structural Analysis of Bitcoin Cash's Emergency Difficulty Adjustment Algorithm

@article{Aggarwal2019ASA,
  title={A Structural Analysis of Bitcoin Cash's Emergency Difficulty Adjustment Algorithm},
  author={Vipul Aggarwal and Yong Tan},
  journal={Organizations \& Markets: Policies \& Processes eJournal},
  year={2019}
}
In this paper, we analyze the equilibrium behavior of cryptocurrency miners in the wake of a major cryptocurrency fork. Miners are responsible for validating transactions and ensuring smooth functioning of the cryptocurrency platform. Specifically, we are interested in their strategic interactions with the incentives provided by the developers of the newly born minority chain to prioritize its transactions over that of the dominant parent currency. We focus our attention on the Bitcoin (BTC… Expand
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