2019 Crypto Valley Conference on Blockchain Technology (CVCBT)最新文献

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Applying Private Information Retrieval to Lightweight Bitcoin Clients 私有信息检索在轻量级比特币客户端的应用

2019 Crypto Valley Conference on Blockchain Technology (CVCBT) Pub Date : 2019-06-01 DOI: 10.1109/CVCBT.2019.00012

Kaihua Qin, Henryk Hadass, Arthur Gervais, Joel Reardon

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引用次数: 21

Monetary Stabilization in Cryptocurrencies – Design Approaches and Open Questions 加密货币的货币稳定-设计方法和开放问题

2019 Crypto Valley Conference on Blockchain Technology (CVCBT) Pub Date : 2019-05-25 DOI: 10.1109/CVCBT.2019.00011

I. Pernice, Sebastian A. Henningsen, Roman Proskalovich, Martin Florian, Hermann W. Elendner, B. Scheuermann

{"title":"Monetary Stabilization in Cryptocurrencies – Design Approaches and Open Questions","authors":"I. Pernice, Sebastian A. Henningsen, Roman Proskalovich, Martin Florian, Hermann W. Elendner, B. Scheuermann","doi":"10.1109/CVCBT.2019.00011","DOIUrl":"https://doi.org/10.1109/CVCBT.2019.00011","url":null,"abstract":"The price volatility of cryptocurrencies is often cited as a major hindrance to their wide-scale adoption. Consequently, during the last two years, multiple so called stablecoins have surfaced – cryptocurrencies focused on maintaining stable exchange rates. In this paper, we systematically explore and analyze the stablecoin landscape. Based on a survey of 24 specific stablecoin projects, we go beyond individual coins for extracting general concepts and approaches. We combine our findings with learnings from classical monetary policy, resulting in a comprehensive taxonomy of cryptocurrency stabilization. We use our taxonomy to highlight the current state of development from different perspectives and show blank spots. For instance, while over 91% of projects promote 1-to-1 stabilization targets to external assets, monetary policy literature suggests that the smoothing of short term volatility is often a more sustainable alternative. Our taxonomy bridges computer science and economics, fostering the transfer of expertise. For example, we find that 38% of the reviewed projects use a combination of exchange rate targeting and specific stabilization techniques that can render them vulnerable to speculative economic attacks – an avoidable design flaw.","PeriodicalId":289955,"journal":{"name":"2019 Crypto Valley Conference on Blockchain Technology (CVCBT)","volume":"66 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-05-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121550708","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 39

Albatross – An optimistic consensus algorithm 信天翁-一种乐观共识算法

2019 Crypto Valley Conference on Blockchain Technology (CVCBT) Pub Date : 2019-03-04 DOI: 10.1109/CVCBT.2019.000-1

B. França, Marvin Wissfeld, Pascal Berrang, Philipp von Styp-Rekowsky, Reto Trinkler

引用次数: 10

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