Proof-of-What? Detecting Original Consensus Algorithms in Cryptocurrencies with a Four-Factor Model

by Osiris Team


Posted on June 18, 2019, 3:31 p.m.
Research
Time to read: 1 min
General

Dear colleagues and followers,

The Osiris team is proud to post a new research article.

To conduct this study, the Osiris team worked hard and exchanged experience with their fellow colleagues from the University of Northumbria at Newcastle and the Institute of Economics of the Polish Academy of Sciences. This study applies Fama-French-style factor loading analysis to cryptocurrency financial performance data to determine the originality of 32 reportedly novel consensus algorithms (“proofs”) and 20 hybrid consensus mechanisms as compared to conventional proof-of-work and proof-of-stake using a sample of 302 cryptocurrencies.

The paper is available at SSRN by clicking the link down below.


Related links:
Available at SSRN
Like and comment it on:

More cryptocurrency news

Latest news

Senate hostile towards Libra, Facebook suggests regulators must act or risk losing US dollar dominance to Bitcoin

The focus of the hearing between Facebook’s David Marcus and the Senate on the Libra cryptocurrency was trust—or the lack thereof.


Development Regulatory
LIBRA

July 19, 2019, 10:53 a.m.

Chinese court upholds legality of Bitcoin ownership, BTC protected by China’s property laws

A court in Hangzhou, China, upheld Bitcoin’s status as “virtual property.” The ruling reaffirms that Bitcoin is legal to own in China and indicates to holders that they will be protected by the country’s legal system in disputes.


Regulatory
BTC

July 19, 2019, 10:49 a.m.

Crypto Exchange Bitpoint Admits to 50,000 Victims of $32 Million Hack

Japanese cryptocurrency exchange Bitpoint was hacked last week when hackers stole 3.5 billion yen ($32 million) from the exchange’s hot wallet, of which 2.5 billion yen were customer funds.


Alerts
General

July 16, 2019, 1:51 p.m.

Ripple Executive Unveils Strategy to Transform Cross-Border Payments, Boost XRP and Grow Blockchain Ecosystem

Ripple is revealing more on its multi-million dollar plan to grow the digital assets ecosystem and bring distributed ledger technology to the masses.


Development
XRP

July 14, 2019, 9:28 p.m.

Donald Trump: Bitcoin not money, value based on thin air, facilitates unlawful behavior

U.S. president Donald Trump finally expressed his views on Bitcoin and cryptocurrency, and the POTUS is not a fan.


Alerts Regulatory
BTC

July 11, 2019, 9:32 p.m.

Follow us