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2019•SSRN Electronic JournalOpen access

Towards Proof-of-Work Cryptocurrency Valuation: Mining Games, Network Effects and the Social Value of Blockchain

Savva Shanaev, Arina Shuraeva, Mikhail Vasenin, Maksim Kuznetsov

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Key concepts: Cryptocurrency, Proof-of-work system, Valuation (finance), Stylized fact, Database transaction, Economics, Payment, Coase theorem

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