From Mining to Markets: the Evolution of Bitcoin Transaction Fees
Open accessIntegrity signals
Registry
Cites
Statistics
Claims the paper makes
Cites
Testing for Weak Instruments in Linear IV Regression
Stock, J. H., & Yogo, M. (2005) · Identification and Inference for Econometric Models · doi:10.1017/cbo9780511614491.006 · Cited by 7,211 · see citing works
A Proof for the Queuing Formula: <i>L</i> = λ <i>W</i>
Little, J. D. C. (1961) · Operations Research · doi:10.1287/opre.9.3.383 · Cited by 2,777 · see citing works
Bitcoin: Economics, Technology, and Governance
Böhme, R., Christin, N., Edelman, B. G., & Moore, T. (2015) · The Journal of Economic Perspectives · doi:10.1257/jep.29.2.213 · Cited by 1,882 · see citing works
Testing Identifiability and Specification in Instrumental Variable Models
Cragg, J. G., & Donald, S. G. (1993) · Econometric Theory · doi:10.1017/s0266466600007519 · Cited by 1,464 · see citing works
Majority Is Not Enough: Bitcoin Mining Is Vulnerable
Eyal, I., & Sirer, E. G. (2014) · Lecture notes in computer science · doi:10.1007/978-3-662-45472-5_28 · Cited by 1,410 · see citing works
Corporate governance and blockchains
Yermack, D. (2017) · Review of Finance · doi:10.1093/rof/rfw074 · Cited by 1,082 · see citing works
Bitcoin-NG: A Scalable Blockchain ProtocolPreprint
Eyal, I., Gencer, A. E., Sirer, E. G., & van Renesse, R. (2015) · arXiv (Cornell University) · doi:10.48550/arxiv.1510.02037 · Cited by 1,055 · see citing works
Corporate Governance and BlockchainsPreprint
Yermack, D. (2017) · SSRN Electronic Journal · doi:10.2139/ssrn.2700475 · Cited by 1,020 · see citing works
Identification and Inference for Econometric Models: Essays in Honor of Thomas Rothenberg
Lund, R. (2006) · Quarterly Publications of the American Statistical Association · Cited by 888 · see citing works
The Economics of Bitcoin Mining, or Bitcoin in the Presence of Adversaries
Kroll, J. A., Davey, I. C., & Felten, E. W. (2013) · Cited by 514 · see citing works
2017 Global Cryptocurrency Benchmarking Study
Hileman, G., & Rauchs, M. (2017) · doi:10.2139/ssrn.2965436 · Cited by 466 · see citing works
Can We Predict the Winner in a Market with Network Effects? Competition in Cryptocurrency Market
Gandal, N., & Hałaburda, H. (2016) · Games · doi:10.3390/g7030016 · Cited by 202 · see citing works
Digital Currencies, Decentralized Ledgers, and the Future of Central Banking
Raskin, M., & Yermack, D. (2016) · doi:10.3386/w22238 · Cited by 178 · see citing works
Economic analysis of the digital economy
(2015) · Choice Reviews Online · doi:10.5860/choice.193834 · Cited by 146 · see citing works
Market Design with Blockchain TechnologyPreprint
Malinova, K., & Park, A. (2016) · SSRN Electronic Journal · doi:10.2139/ssrn.2785626 · Cited by 94 · see citing works
Global Cryptocurrency Benchmarking StudyPreprint
Rauchs, M., & Hileman, G. (2017) · RePEc: Research Papers in Economics · Cited by 92 · see citing works
Blockchain Disruption and Smart ContractsPreprint
Cong, L. W., He, Z., & Zheng, J. (2017) · SSRN Electronic Journal · doi:10.2139/ssrn.2985764 · Cited by 84 · see citing works
Digital currencies, decentralized ledgers and the future of central banking
Raskin, M., & Yermack, D. (2018) · Edward Elgar Publishing eBooks · doi:10.4337/9781784719227.00028 · Cited by 73 · see citing works
Some Economics of Private Digital CurrencyPreprint
Gans, J. S., & Hałaburda, H. (2013) · SSRN Electronic Journal · doi:10.2139/ssrn.2297296 · Cited by 60 · see citing works
The Bitcoin Mining GamePreprint
Houy, N. (2014) · SSRN Electronic Journal · doi:10.2139/ssrn.2407834 · Cited by 55 · see citing works
Distributed ledger technology: Implications of blockchain for the securities industry
Workie, H., & Jain, K. (2017) · Journal of securities operations & custody · doi:10.69554/pidu5859 · Cited by 52 · see citing works
Financial Cryptography and Data Security
Safavi-Naini, R., & Christin, N. (2014) · Lecture notes in computer science · doi:10.1007/978-3-662-45472-5 · Cited by 38 · see citing works
CryptofinancePreprint
Harvey, C. R. (2014) · SSRN Electronic Journal · doi:10.2139/ssrn.2438299 · Cited by 35 · see citing works
Footprints on a Blockchain: Trading and Information Leakage in Distributed Ledgers
Aune, R. T., Krellenstein, A., O’Hara, M., & Slama, O. (2017) · The Journal of Trading · doi:10.3905/jot.2017.12.3.005 · Cited by 34 · see citing works
Self-citationResearch Handbook on Central Banking
Kaufmann, C., & Weber, R. H. (2018) · Edward Elgar Publishing eBooks · doi:10.4337/9781784719227 · Cited by 34 · see citing works
The Bitcoin mining gamesPreprint
Houy, N. (2014) · RePEc: Research Papers in Economics · Cited by 15 · see citing works
Flagged first, then by citations
2 of the 28 references couldn’t be matched to a known paper.
Cited by
Sorted by citations
A Survey on Security and Privacy Issues of Bitcoin
Conti, M., Sandeep Kumar, E., Lal, C., & Ruj, S. (2018) · IEEE Communications Surveys & Tutorials · doi:10.1109/comst.2018.2842460 · Cited by 1,116 · see citing works
Blockchain Disruption and Smart Contracts
Cong, L. W., & He, Z. (2019) · Review of Financial Studies · doi:10.1093/rfs/hhz007 · Cited by 1,114 · see citing works
Risks and Returns of Cryptocurrency
Liu, Y., & Tsyvinski, A. (2018) · Review of Financial Studies · doi:10.1093/rfs/hhaa113 · Cited by 1,073 · see citing works
Trading and Arbitrage in Cryptocurrency Markets
Makarov, I., & Antoinette Schoar, B. (2018) · Journal of Financial Economics · doi:10.1016/j.jfineco.2019.07.001 · Cited by 909 · see citing works
Blockchain-Based Settlement for Asset Trading
Chiu, J., & Koeppl, T. V. (2018) · Review of Financial Studies · doi:10.1093/rfs/hhy122 · Cited by 334 · see citing works
Decentralized Mining in Centralized Pools
Cong, L. W., He, Z., & Li, J. (2020) · Review of Financial Studies · doi:10.1093/rfs/hhaa040 · Cited by 332 · see citing works
Blockchain Disruption and Smart Contracts
Cong, L. W., & He, Z. (2018) · National Bureau of Economic Research · doi:10.3386/w24399 · Cited by 310 · see citing works
Digital Tulips? Returns to investors in initial coin offerings
Benedetti, H. E., & Kostovetsky, L. (2020) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2020.101786 · Cited by 299 · see citing works
Abadi, J., & Brunnermeier, M. K. (2018) · Working paper · doi:10.21799/frbp.wp.2022.15 · Cited by 281 · see citing works
Monopoly without a Monopolist: An Economic Analysis of the Bitcoin Payment System
Huberman, G., Leshno, J. D., & Moallemi, C. C. (2021) · The Review of Economic Studies · doi:10.1093/restud/rdab014 · Cited by 254 · see citing works
The Economic Limits of Bitcoin and the Blockchain
Budish, E. B. (2018) · National Bureau of Economic Research · doi:10.3386/w24717 · Cited by 244 · see citing works
Biais, B., Bisière, C., Bouvard, M., Casamatta, C., & Menkveld, A. J. (2023) · The Journal of Finance · doi:10.1111/jofi.13206 · Cited by 238 · see citing works
How investible is Bitcoin? Analyzing the liquidity and transaction costs of Bitcoin markets
Dyhrberg, A. H., Foley, S., & Švec, J. (2018) · Economics Letters · doi:10.1016/j.econlet.2018.07.032 · Cited by 232 · see citing works
Cong, L. W., Li, Y., & Wang, N. (2021) · Journal of Financial Economics · doi:10.1016/j.jfineco.2021.10.002 · Cited by 222 · see citing works
Decentralizing Money: Bitcoin Prices and Blockchain Security
Pagnotta, E. (2020) · Review of Financial Studies · doi:10.1093/rfs/hhaa149 · Cited by 206 · see citing works
Risks and Returns of Cryptocurrency
Liu, Y., & Tsyvinski, A. (2018) · National Bureau of Economic Research · doi:10.3386/w24877 · Cited by 208 · see citing works
Monopoly Without a Monopolist: An Economic Analysis of the Bitcoin Payment SystemPreprint
Huberman, G., Leshno, J. D., & Moallemi, C. C. (2017) · SSRN Electronic Journal · doi:10.2139/ssrn.3025604 · Cited by 206 · see citing works
An Equilibrium Valuation of Bitcoin and Decentralized Network Assets
Pagnotta, E., & Buraschi, A. (2018) · doi:10.2139/ssrn.3142022 · Cited by 199 · see citing works
Bitcoin-energy markets interrelationships - New evidence
Corbet, S., Lucey, B. M., & Yarovaya, L. (2020) · Resources Policy · doi:10.1016/j.resourpol.2020.101916 · Cited by 195 · see citing works
Understanding Cryptocurrencies*
Härdle, W. K., Harvey, C. R., & Reule, R. C. G. (2019) · Journal of Financial Econometrics · doi:10.1093/jjfinec/nbz033 · Cited by 189 · see citing works
Sockin, M., & Xiong, W. A. (2020) · National Bureau of Economic Research · doi:10.3386/w26816 · Cited by 188 · see citing works
Cryptocurrency Pump-and-Dump SchemesPreprint
Li, T., Shin, D., & Wang, B. (2018) · SSRN Electronic Journal · doi:10.2139/ssrn.3267041 · Cited by 185 · see citing works
Predicting bitcoin returns using high-dimensional technical indicators
Huang, J.-Z., Huang, W., & Ni, J. (2019) · The Journal of Finance and Data Science · doi:10.1016/j.jfds.2018.10.001 · Cited by 177 · see citing works
An Equilibrium Model of the Market for Bitcoin Mining
Prat, J., & Walter, B. (2021) · Journal of Political Economy · doi:10.1086/714445 · Cited by 177 · see citing works
Blockchain Analysis of the Bitcoin Market
Makarov, I., & Antoinette Schoar, B. (2021) · National Bureau of Economic Research · doi:10.3386/w29396 · Cited by 169 · see citing works
A Survey on Blockchain: A Game Theoretical Perspective
Liu, Z., Luong, N. C., Wang, W., Niyato, D. T., Wang, P., Liang, Y., & Kim, D. I. (2019) · IEEE Access · doi:10.1109/access.2019.2909924 · Cited by 170 · see citing works
Bitcoin technical trading with artificial neural network
Nakano, M., Takahashi, A., & Takahashi, S. (2018) · Physica A Statistical Mechanics and its Applications · doi:10.1016/j.physa.2018.07.017 · Cited by 161 · see citing works
Sockin, M., & Xiong, W. A. (2023) · Management Science · doi:10.1287/mnsc.2023.4756 · Cited by 161 · see citing works
Shahbazi, Z., & Byun, Y.-C. (2021) · Sensors · doi:10.3390/s21041467 · Cited by 160 · see citing works
FinTech: a literature review of emerging financial technologies and applications
Kou, G., & Lu, Y. (2025) · Financial Innovation · doi:10.1186/s40854-024-00668-6 · Cited by 146 · see citing works
Blockchain in Accounting Research and Practice: Current Trends and Future Opportunities*
Pimentel, E., & Boulianne, E. (2020) · Accounting Perspectives · doi:10.1111/1911-3838.12239 · Cited by 155 · see citing works
Decentralization through tokenization
SOCKIN, M., & XIONG, W. (2023) · The Journal of Finance · doi:10.1111/jofi.13192 · Cited by 137 · see citing works
Blockchain, Bitcoin, and ICOs: a review and research agenda
Kher, R., Terjesen, S. A., & Liu, C. (2020) · Small Business Economics · doi:10.1007/s11187-019-00286-y · Cited by 136 · see citing works
Analysis of the spillover effects between green economy, clean and dirty cryptocurrencies
Sharif, A., Brahim, M., Dogan, E., & Tzeremes, P. (2023) · Energy Economics · doi:10.1016/j.eneco.2023.106594 · Cited by 135 · see citing works
The Microeconomics of Cryptocurrencies
Hałaburda, H., Haeringer, G., Gans, J. S., & Gandal, N. (2022) · Journal of Economic Literature · doi:10.1257/jel.20201593 · Cited by 124 · see citing works
Arnosti, N., & Weinberg, S. M. (2022) · Management Science · doi:10.1287/mnsc.2021.4095 · Cited by 123 · see citing works
Economics of Permissioned Blockchain Adoption
Iyengar, G., Saleh, F., Sethuraman, J., & Wang, W. (2020) · Management Science · doi:10.1287/mnsc.2022.4532 · Cited by 123 · see citing works
From Bitcoin to Central Bank Digital Currencies: Making Sense of the Digital Money Revolution
da Cunha, P. R., Melo, P., & Sebastião, H. (2021) · Future Internet · doi:10.3390/fi13070165 · Cited by 119 · see citing works
Transaction Fee Mechanism Design
Roughgarden, T. (2021) · ACM Conference on Economics and Computation (EC) · doi:10.1145/3465456.3467591 · Cited by 119 · see citing works
Tokenomics: Dynamic Adoption and Valuation
Cong, L. W., Li, Y., & Wang, N. (2020) · National Bureau of Economic Research · doi:10.3386/w27222 · Cited by 118 · see citing works
Gryglewicz, S., Mayer, S., & Morellec, E. (2021) · Journal of Financial Economics · doi:10.1016/j.jfineco.2021.05.004 · Cited by 113 · see citing works
Tokenomics and blockchain tokens: A design-oriented morphological framework
Freni, P., Ferro, E., & Moncada, R. (2022) · Blockchain Research and Applications · doi:10.1016/j.bcra.2022.100069 · Cited by 111 · see citing works
The Influence Factors on Ethereum Transaction Fees
Pierro, G. A., & Rocha, H. (2019) · IEEE/ACM International Workshop on Emerging Trends in Software Engineering for Blockchain (WETSEB) · doi:10.1109/wetseb.2019.00010 · Cited by 109 · see citing works
The Economics of Non-Fungible TokensPreprint
Borri, N., Liu, Y., & Tsyvinski, A. (2022) · SSRN Electronic Journal · doi:10.2139/ssrn.4052045 · Cited by 109 · see citing works
Smart Contracts and Decentralized Finance
John, K., Kogan, L., & Saleh, F. (2023) · Annual Review of Financial Economics · doi:10.1146/annurev-financial-110921-022806 · Cited by 99 · see citing works
Equilibrium Bitcoin PricingPreprint
Biais, B., Bisière, C., Bouvard, M., Casamatta, C., & Menkveld, A. J. (2018) · SSRN Electronic Journal · doi:10.2139/ssrn.3261063 · Cited by 98 · see citing works
Detzel, A. L., Liu, H., Strauss, J., Zhou, G., & Zhu, Y. (2020) · Financial Management · doi:10.1111/fima.12310 · Cited by 98 · see citing works
Coin.AI: A Proof-of-Useful-Work Scheme for Blockchain-Based Distributed Deep Learning
Baldominos, A., & Sáez, Y. (2019) · Entropy · doi:10.3390/e21080723 · Cited by 96 · see citing works
Bitcoin’s limited adoption problem
Hinzen, F. J., John, K., & Saleh, F. (2022) · Journal of Financial Economics · doi:10.1016/j.jfineco.2022.01.003 · Cited by 95 · see citing works
Energy Consumption and Bitcoin Market
Huynh, A. N. Q., Duong, D., Burggraf, T., Luong, H. T. T., & Bui, N. H. (2021) · Asia-Pacific Financial Markets · doi:10.1007/s10690-021-09338-4 · Cited by 95 · see citing works
Empirical Analysis of EIP-1559
Liu, Y., Lu, Y., Nayak, K., Zhang, F., Zhang, L., & Zhao, Y. (2022) · ACM SIGSAC Conference on Computer and Communications Security (CCS) · doi:10.1145/3548606.3559341 · Cited by 92 · see citing works
A Survey of Fintech Research and Policy Discussion
Allen, F., Gu, X., & Jagtiani, J. A. (2020) · Working paper · doi:10.21799/frbp.wp.2020.21 · Cited by 93 · see citing works
John, K., O’Hara, M., & Saleh, F. (2022) · Annual Review of Financial Economics · doi:10.1146/annurev-financial-111620-011240 · Cited by 89 · see citing works
Self-citationFinancial reporting for cryptocurrency
Luo, M., & Yu, S. (2022) · Review of Accounting Studies · doi:10.1007/s11142-022-09741-w · Cited by 114 · see citing works
Do perceived risks and benefits impact trust and willingness to adopt CBDCs?
Gupta, S., Pandey, D. K., Ammari, A. E., & Sahu, G. P. (2023) · Research in International Business and Finance · doi:10.1016/j.ribaf.2023.101993 · Cited by 89 · see citing works
MAD-HTLC: Because HTLC is Crazy-Cheap to Attack
Tsabary, I., Yechieli, M., Manuskin, A., & Eyal, I. (2021) · IEEE Symposium on Security and Privacy (S&P) · doi:10.1109/sp40001.2021.00080 · Cited by 85 · see citing works
Beyond the Doomsday Economics of “Proof-of-Work” in Cryptocurrencies
Settlements, B. F. I., & Auer, R. (2019) · doi:10.24149/gwp355 · Cited by 83 · see citing works
Stability of Transaction Fees in Bitcoin: A Supply and Demand Perspective
Ilk, N., Shang, G., Fan, S., & Zhao, J. L. (2021) · MIS Quarterly · doi:10.25300/misq/2021/15718 · Cited by 87 · see citing works
Decentralized Mining in Centralized Pools
Cong, L. W., He, Z.-G., & Li, J.-S. (2019) · The Review of financial studies · doi:10.3386/w25592 · Cited by 351 · see citing works
Blockchain competition: The tradeoff between platform stability and efficiency
Jiang, S., Li, Y., Wang, S., & Zhao, L. (2021) · European Journal of Operational Research · doi:10.1016/j.ejor.2021.05.031 · Cited by 81 · see citing works
'Shiny' Crypto Assets: A Systemic Look at Gold-Backed Cryptocurrencies during the COVID-19 Pandemic
Jalan, A., Matkovskyy, R., & Yarovaya, L. (2021) · International Review of Financial Analysis · doi:10.1016/j.irfa.2021.101958 · Cited by 81 · see citing works
Upadhyay, A., Ayodele, J. O., Kumar, A., V, & Garza‐Reyes, J. A. (2020) · Journal of Global Operations and Strategic Sourcing · doi:10.1108/jgoss-05-2020-0024 · Cited by 79 · see citing works
Rehman, M. U., & Kang, S. H. (2020) · Global Finance Journal · doi:10.1016/j.gfj.2020.100576 · Cited by 78 · see citing works
Cyclic Arbitrage in Decentralized Exchanges
Wang, Y., Chen, Y., Wu, H., Zhou, L., Deng, S., & Wattenhofer, R. P. (2022) · International World Wide Web Conference (WWW) · doi:10.1145/3487553.3524201 · Cited by 76 · see citing works
Towards a Functional Fee Market for CryptocurrenciesPreprint
Basu, S., Easley, D. A., O’Hara, M., & Sirer, E. G. (2019) · SSRN Electronic Journal · doi:10.2139/ssrn.3318327 · Cited by 76 · see citing works
Self-citationTrust at Scale: The Economic Limits of Cryptocurrencies and Blockchains
Budish, E. B. (2024) · The Quarterly Journal of Economics · doi:10.1093/qje/qjae033 · Cited by 75 · see citing works
A Brief Introduction to Blockchain Economics
Chen, L., Cong, L. W., & Xiao, Y. (2020) · WORLD SCIENTIFIC eBooks · doi:10.1142/9789811220470_0001 · Cited by 74 · see citing works
A Cryptoeconomic Traffic Analysis of Bitcoin’s Lightning Network
Béres, F., Seres, I. A., & Benczúr, A. A. (2020) · doi:10.21428/58320208.d4cd697e · Cited by 71 · see citing works
A Survey on Applications of Game Theory in BlockchainPreprint
Liu, Z., Luong, N. C., Wang, W., Niyato, D. T., Wang, P., Liang, Y., & Kim, D. I. (2019) · arXiv (Cornell University) · doi:10.48550/arxiv.1902.10865 · Cited by 103 · see citing works
What do we know about cryptocurrency? Past, present, future
Hossain, M. S. (2021) · China Finance Review International · doi:10.1108/cfri-03-2020-0026 · Cited by 70 · see citing works
Portfolio constructions in cryptocurrency market: A CVaR-based deep reinforcement learning approach
Cui, T., Ding, S., Jin, H., & Zhang, Y. (2022) · Economic Modelling · doi:10.1016/j.econmod.2022.106078 · Cited by 71 · see citing works
Sapra, N., Shaikh, I., & Dash, A. (2023) · Journal of risk and financial management · doi:10.3390/jrfm16040218 · Cited by 70 · see citing works
The Public Blockchain Ecosystem: An Empirical AnalysisPreprint
Irresberger, F., John, K., & Saleh, F. (2020) · SSRN Electronic Journal · doi:10.2139/ssrn.3592849 · Cited by 70 · see citing works
Nothing but noise? Price discovery across cryptocurrency exchanges
Dimpfl, T., & Peter, F. J. (2020) · Journal of Financial Markets · doi:10.1016/j.finmar.2020.100584 · Cited by 67 · see citing works
Ransomware activity and blockchain congestion
Sokolov, K. (2021) · Journal of Financial Economics · doi:10.1016/j.jfineco.2021.04.015 · Cited by 67 · see citing works
From the abacus to enterprise resource planning: is blockchain the next big accounting tool?
Jayasuriya, D., & Sims, A. (2022) · Accounting Auditing & Accountability Journal · doi:10.1108/aaaj-08-2020-4718 · Cited by 79 · see citing works
Transaction fee economics in the Ethereum blockchain
Donmez, A., & Karaivanov, A. K. (2021) · Economic Inquiry · doi:10.1111/ecin.13025 · Cited by 65 · see citing works
Ricci, S., Ferreira, E., Menasché, D. S., Ziviani, A., de Souza, J. E., & Vieira, A. B. (2019) · ACM SIGMETRICS Performance Evaluation Review · doi:10.1145/3308897.3308952 · Cited by 64 · see citing works
What Keeps Stablecoins Stable?
Lyons, R. K., & Viswanath-Natraj, G. (2020) · National Bureau of Economic Research · doi:10.3386/w27136 · Cited by 64 · see citing works
Bitcoin: An Axiomatic Approach and an Impossibility Theorem
Leshno, J. D., & Strack, P. (2020) · American Economic Review Insights · doi:10.1257/aeri.20190494 · Cited by 63 · see citing works
Understanding CryptocurrenciesPreprint
Härdle, W. K., Harvey, C. R., & Reule, R. C. G. (2019) · SSRN Electronic Journal · doi:10.2139/ssrn.3360304 · Cited by 63 · see citing works
Advances in Blockchain and Crypto Economics
Biais, B., Capponi, A., Cong, L. W., Gaur, V., & Giesecke, K. (2023) · Management Science · doi:10.1287/mnsc.2023.intro.v69.n11 · Cited by 62 · see citing works
Proof-of-Work versus Proof-of-Stake: A Comparative Economic Analysis
John, K., Rivera, T. J., & Saleh, F. (2025) · Review of Financial Studies · doi:10.1093/rfs/hhaf013 · Cited by 62 · see citing works
The economics of cryptocurrency: Bitcoin and beyond
Chiu, J., & Koeppl, T. V. (2022) · Canadian Journal of Economics/Revue canadienne d économique · doi:10.1111/caje.12625 · Cited by 60 · see citing works
Measurement and Analysis of the Bitcoin Networks: A View from Mining Pools
Wang, C., Chu, X., & Qin, Y. (2020) · 2020 6th International Conference on Big Data Computing and Communications (BIGCOM) · doi:10.1109/bigcom51056.2020.00032 · Cited by 59 · see citing works
Tokenomics: Dynamic adoption and valuation
Cong, L. W., Li, Y., & Wang, N. (2021) · The Review of Financial Studies · doi:10.1093/rfs/hhaa089 · Cited by 58 · see citing works
Augustin, P., Rubtsov, A., & Shin, D. (2023) · Management Science · doi:10.1287/mnsc.2023.4900 · Cited by 58 · see citing works
Blockchain speculation or value creation? Evidence from corporate investments
Autore, D. M., Clarke, N., & Jiang, D. (2020) · Financial Management · doi:10.1111/fima.12336 · Cited by 57 · see citing works
When the blockchain does not block: on hackings and uncertainty in the cryptocurrency market
Grobys, K. (2021) · Quantitative Finance · doi:10.1080/14697688.2020.1849779 · Cited by 56 · see citing works
Blockchain-Enabled Corporate Governance and Regulation
Daluwathumullagamage, D. J., & Sims, A. (2020) · International Journal of Financial Studies · doi:10.3390/ijfs8020036 · Cited by 49 · see citing works
Miner Collusion and the BitCoin ProtocolPreprint
Lehar, A., & Parlour, C. A. (2020) · SSRN Electronic Journal · doi:10.2139/ssrn.3559894 · Cited by 53 · see citing works
Liquidity in the cryptocurrency market and commonalities across anomalies
Dong, B., Jiang, L., Liu, J., & Zhu, Y. (2022) · International Review of Financial Analysis · doi:10.1016/j.irfa.2022.102097 · Cited by 52 · see citing works
Transaction Queuing Game in Bitcoin BlockChain
Li, J., Yuan, Y., Wang, S., & Wang, F. (2018) · IEEE Intelligent Vehicles Symposium · doi:10.1109/ivs.2018.8500403 · Cited by 53 · see citing works
Bitcoin: Speculative asset or innovative technology?
Lee, A. D., Li, M., & Zheng, H. (2020) · Journal of International Financial Markets Institutions and Money · doi:10.1016/j.intfin.2020.101209 · Cited by 52 · see citing works
Hybrid Data Decomposition-Based Deep Learning for Bitcoin Prediction and Algorithm Trading
Li, Y., Jiang, S., Li, X., & Wang, S. (2020) · Financial Innovation · doi:10.1186/s40854-022-00336-7 · Cited by 51 · see citing works
Transaction fees optimization in the Ethereum blockchain
Laurent, A., Brotcorne, L., & Fortz, B. (2022) · Blockchain Research and Applications · doi:10.1016/j.bcra.2022.100074 · Cited by 49 · see citing works
Managing charity 4.0 with Blockchain: a case study at the time of Covid-19
Rangone, A., & Busolli, L. (2021) · International Review on Public and Nonprofit Marketing · doi:10.1007/s12208-021-00281-8 · Cited by 49 · see citing works
An Incentive Mechanism for Sustainable Blockchain Storage
Liu, Y., Fang, Z., Cheung, M. H., Cai, W., & Huang, J. (2022) · IEEE/ACM Transactions on Networking · doi:10.1109/tnet.2022.3166459 · Cited by 49 · see citing works
Transaction Fee Mechanism Design for the Ethereum Blockchain: An Economic Analysis of EIP-1559Preprint
Roughgarden, T. (2020) · RePEc: Research Papers in Economics · doi:10.48550/arxiv.2012.00854 · Cited by 49 · see citing works
Transaction Fees on a Honeymoon: Ethereum's EIP-1559 One Month Later
Reijsbergen, D., Sridhar, S., Monnot, B., Leonardos, S., Skoulakis, S., & Piliouras, G. (2021) · IEEE International Conference on Blockchain (Blockchain) · doi:10.1109/blockchain53845.2021.00034 · Cited by 47 · see citing works
- Authors
- Easley, D., O'Hara, M., & Basu, S.
- Affiliations
- University of Technology Sydney (AU)
- Cornell University (US)
- ORCID
- Easley, David
- Venue
- SSRN Electronic Journal
- Publisher
- Elsevier BV
- Published
- 2017
- Volume
- 134
- Issue
- 1
- Pages
- 91-109
- ISSN
- 0304-405X (ISSN-L)
- 1556-5068
- OpenAlex
- W3122067257
- Cited by
- 631
- References
- 28
- Citations by year
- 2026: 50 · 2025: 79 · 2024: 70 · 2023: 97 · 2022: 84 · 2021: 82 · 2020: 88 · 2019: 45 · 2018: 35 · 2017: 1
- FWCI
- 86.19
- Type
- journal article
- Language
- en
- Open access
- green
- doi.org
- Locations
- Journal of Financial Economics (publishedVersion)
- SSRN Electronic Journal (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- UTS ePRESS (University of Technology Sydney) (submittedVersion)
- Funders
- National Science Foundation
- Topics
- Physical Sciences › Computer Science › Information Systems › Blockchain Technology Applications and Security
- Social Sciences › Economics, Econometrics and Finance › Finance › Financial Markets and Investment Strategies
- Social Sciences › Business, Management and Accounting › Management Information Systems › FinTech, Crowdfunding, Digital Finance
- Keywords
- Bitcoin, transaction fees, blockchain, mining rewards, game-theoretic model, waiting time, welfare analysis, structural constraints, user participation
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review