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Mining competition in a multi-cryptocurrency ecosystem at the network edge: A congestion game approach

Altman, E and Reiffers, A and Menasché, DS and Datar, M and Dhamal, S and Touati, C (2019) Mining competition in a multi-cryptocurrency ecosystem at the network edge: A congestion game approach. In: 36th IFIP Performance Conference 2018, 5 - 7 December 2018, Toulouse, pp. 114-117.

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Official URL: https://doi.org/10.1145/3308897.3308950

Abstract

We model the competition over several blockchains characterizing multiple cryptocurrencies as a non-cooperative game. Then, we specialize our results to two instances of the general game, showing properties of the Nash equilibrium. In particular, leveraging results about congestion games, we establish the existence of pure Nash equilibria and provide efficient algorithms for finding such equilibria.

Item Type: Conference Paper
Publication: Performance Evaluation Review
Publisher: Association for Computing Machinery
Additional Information: The copyright for this article belongs to the Author(s).
Keywords: Game theory, Congestion Games; Nash equilibria; Network edges; Noncooperative game; Pure Nash equilibrium, Electronic money
Department/Centre: Division of Electrical Sciences > Computer Science & Automation
Others
Date Deposited: 28 Oct 2022 08:25
Last Modified: 28 Oct 2022 08:25
URI: https://eprints.iisc.ac.in/id/eprint/77737

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