After creating a new blockchain transaction, the next step usually is to make miners aware of it by having it propagated through the blockchain's peer-to-peer network. We study an unintended alternative to peer-to-peer propagation: Exclusive mining. Exclusive mining is a type of collusion...

Cover -- Half Title -- Title Page -- Copyright Page -- Contents -- Preface -- Figures and tables -- 1. Introducing blockchain -- 1.1 A transaction -- 1.2 Key characteristics -- 1.3 Categories -- 2. Blockchain's basic components -- 2.1 Technical components -- Peer-to-peer networks --...

Blockchain technology has become an ubiquitous phenomenon. While the topic originated in computer science, the business and economics literature was comparatively slow to pick up on it. To better understand the academic basis, current developments and future research avenues of the discourse, I...