Ciaian, Pavel; Kancs, D'Artis; Rajcaniova, Miroslava - 2021
cryptocurrency market outcomes. We use daily blockchain and Bitcoin data for 2014-2019 and employ the ARDL approach. We test three …We study to what extent the Bitcoin blockchain security permanently depends on the underlying distribution of … equilibrium hypotheses: (i) sensitivity of the Bitcoin blockchain to mining reward; (ii) security outcomes of the Bitcoin …