Do the Rich Get Richer? An Empirical Analysis of the Bitcoin Transaction Network

@article{Kondor2014DoTR,
  title={Do the Rich Get Richer? An Empirical Analysis of the Bitcoin Transaction Network},
  author={D{\'a}niel Kondor and M{\'a}rton P{\'o}sfai and Istv{\'a}n Csabai and G{\'a}bor Vattay},
  journal={PLoS ONE},
  year={2014},
  volume={9}
}
The possibility to analyze everyday monetary transactions is limited by the scarcity of available data, as this kind of information is usually considered highly sensitive. Present econophysics models are usually employed on presumed random networks of interacting agents, and only some macroscopic properties (e.g. the resulting wealth distribution) are compared to real-world data. In this paper, we analyze Bitcoin, which is a novel digital currency system, where the complete list of transactions… Expand
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