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