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.
Related links:
Available at SSRNMore cryptocurrency news
Latest news
Wells Fargo pilots a dollar-pegged stablecoin for internal use
US financial giant Wells Fargo is developing a US dollar-linked stablecoin that will run on the firm’s first blockchain platform. The so-called Wells Fargo Digital Cash is planned to facilitate internal cross-border settlements
France will not tax crypto-to-crypto trades
French economy minister Bruno Le Maire has stated that crypto-to-crypto trades will be tax-exempt, according to a report by Bloomberg.
France to block development of Facebook’s Libra, says minister
The country’s Minister of the Economy and Finance, Bruno Le Maire, said in new comments that Libra threatens the “monetary sovereignty” of governments
Binance US plans to begin onboarding customers next week
The largest crypto exchange by volume is making its U.S. debut next week.
Gemini launches custody product with 18 cryptos including Ethereum tokens
The Gemini exchange is launching an institutional-grade crypto custody solution, according to an announcement Tuesday.