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new, cost effective way to record transactions, but are they? We model the proof-of-work blockchain protocol as a … perfect equilibrium, without forking, in line with Nakamoto (2008). The blockchain protocol, however, is a coordination game …
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the manner of a decision-making process within a governance system. The technological characteristics of blockchain … far proved very difficult to seed large-scale commercial DLT (blockchain) projects lies in the arena of project ownership … both the technical design and operational development of a range of DLT (blockchain) systems, including (but not …
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