Beyond Bitcoin

Beyond Bitcoin

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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 currenciesa€”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.One could think of these currency services as virtual wallets. The virtual ... Customers get Amazon Coins when they buy Amazona#39;s Kindle Fire tablet. Otherwise ... It is often said that Amazon is the retailer with the largest selection on Earth, but Amazon Coins can only be spent on selected apps on Kindle Fire. To qualify, appsanbsp;...

Title:Beyond Bitcoin
Author: Hanna Halaburda, Miklos Sarvary
Publisher:Palgrave Macmillan - 2015-12-03

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