A further study of some Markovian Bitcoin models from Göbel et al.

This paper on the dynamics of Bitcoin blockchain dynamics was recently published:

  • Javier and Fralix – A further study of some Markovian Bitcoin models from Göbel et al..

The paper presents new results based on a Markov-chain model that my co-authors and I developed in our paper:

  • Göbel, Keeler, Krzesinski, Taylor – Modeling and analysis of block arrival times in the Bitcoin blockchain.

Here’s a preprint of that paper, which can also be downloaded from here. This work led to a preprint:

  • Bowden, Keeler, Krzesinski, Taylor, Block arrivals in the Bitcoin blockchain, 2018.

I detailed this work briefly in a previous post.