In this paper we analyze dynamic demand elasticity for Bitcoin and Ethereum in terms of price, transaction fees, and … energy usage. We find that while both BTC and ETH have significantly positive price elasticities, transaction fee elasticity …

In this paper we analyze dynamic demand elasticity for Bitcoin and Ethereum in terms of price, transaction fees, and … energy usage. We find that while both BTC and ETH have significantly positive price elasticities, transaction fee elasticity …

, the elasticity of demand, the validators’ uncertainty about demand, and the covariance of demand and marginal costs. My … results help account for differences between the fee policy designs of Bitcoin and Ethereum, the leading blockchains, and have …Blockchains, the technology underlying cryptocurrencies, face large fluctuations in user demand and marginal costs …

, the elasticity of demand, the validators’ uncertainty about demand, and the covariance of demand and marginal costs. My … results help account for differences between the fee policy designs of Bitcoin and Ethereum, the leading blockchains, and have …Blockchains, the technology underlying cryptocurrencies, face large fluctuations in user demand and marginal costs …

that is elastic and responds to demand automatically. Wixles could serve all the functions of money, pay interest, and not …