Trade Credit ContractsReview of Financial Studies - Tập 25 Số 3 - Trang 838-867 - 2012
Leora Klapper, Luc Laeven, Raghuram G. Rajan
Decentralized Mining in Centralized PoolsReview of Financial Studies - Tập 34 Số 3 - Trang 1191-1235 - 2021
Lin William Cong, Zhiguo He, Jiasun Li
AbstractThe rise of centralized mining pools for risk sharing does not necessarily undermine the decentralization required for blockchains: because of miners’ cross-pool diversification and pool managers’ endogenous fee setting, larger pools better internalize their externality on global hash rates, charge higher fees, attract disproportionately fewer miners, and g...... hiện toàn bộ