| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13493 |
| DP13493 Corporate Capture of Blockchain Governance | |
| Daniel Ferreira; Jin Li; Radoslawa Nikolowa | |
| 发表日期 | 2019-01-27 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | We develop a theory of blockchain governance. In our model, the proof-of-work system, which is the most common set of rules for validating transactions in blockchains, creates an industrial ecosystem with specialized suppliers of goods and services. We analyze the two-way interactions between blockchain governance and the market structure of the industries in the blockchain ecosystem. Our main result is that the proof-of-work system leads to a situation where the governance of the blockchain is captured by a large firm. |
| 主题 | Financial Economics ; Industrial Organization |
| 关键词 | Governance Blockchain Industrial ecosystem Proof-of-work |
| URL | https://cepr.org/publications/dp13493 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542309 |
| 推荐引用方式 GB/T 7714 | Daniel Ferreira,Jin Li,Radoslawa Nikolowa. DP13493 Corporate Capture of Blockchain Governance. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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