Proof-of-Work Cryptocurrencies: Does Mining Technology Undermine Decentralization?
Published Online:8 Aug 2023https://doi.org/10.1287/mnsc.2023.4840
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Volume 69, Issue 11
November 2023
Pages 6417-7150, iii-iv
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- Received:February 04, 2020
- Accepted:December 21, 2022
- Published Online:August 08, 2023
Copyright © 2023, INFORMS
Cite as
Agostino Capponi, Sveinn Ólafsson, Humoud Alsabah (2023) Proof-of-Work Cryptocurrencies: Does Mining Technology Undermine Decentralization?. Management Science 69(11):6455-6481.
https://doi.org/10.1287/mnsc.2023.4840
Keywords
The authors are grateful to constructive comments by the referees and the associate editor, who contributed to improve the quality of this manuscript. They thank seminar participants at Bank of Canada and the Office of the Comptroller of the Currency, and participants of the Second Toronto Fintech Conference, Tokenomics 2019, the 2021 Eastern Conference on Mathematical Finance, the 2021 SIAM Annual Meeting, and the 2022 INFORMS Annual Meeting.
