Beyond bitcoin : the economics of digital currencies / Hanna Halaburda and Miklos Sarvary.

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Beyond bitcoin : the economics of digital currencies / Hanna Halaburda and Miklos Sarvary.

9781137506429 (electronic book)
1137506423 (electronic book)
9781137506412
1137506415
9781349554355
1349554359

New York City, NY : Palgrave Macmillan, [2016]

©2016

English

1 online resource (viii, 186 pages)

9781349554355

HG1710 .H275 2016eb

332.40285/4678

Digital currencies are a fairly new phenomenon brought about by the spectacular rise of the internet. While Bitcoin is the most famous, there are numerous other digital currencies--from Amazon Coin to Zetacoin. Beyond Bitcoin explores the economic forces underlying the design of their features and their potential. Halaburda and Sarvary argue that digital currencies are best understood by considering the economic incentives driving their creators and users. The authors present a framework that will allow systemic analysis of this dynamic environment and support further discussion of the design of digital currencies' features and the competition in the market.

Digital currencies are a fairly new phenomenon brought about by the spectacular rise of the internet. While Bitcoin is the most famous, there are numerous other digital currencies--from Amazon Coin to Zetacoin. Beyond Bitcoin explores the economic forces underlying the design of their features and their potential. Halaburda and Sarvary argue that digital currencies are best understood by considering the economic incentives driving their creators and users. The authors present a framework that will allow systemic analysis of this dynamic environment and support further discussion of the design of digital currencies' features and the competition in the market.

Includes bibliographical references and index.

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