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The Evolution Of Centralisation on Cryptocurrency Platforms. (arXiv:2206.05081v1 [physics.soc-ph])
June 13, 2022, 1:20 a.m. | Carlo Campajola, Raffaele Cristodaro, Francesco Maria De Collibus, Tao Yan, Nicolo' Vallarano, Claudio J. Tessone
cs.CR updates on arXiv.org arxiv.org
More than ten years ago the blockchain was acclaimed as the solution to
overcome centralised trusted third parties for online payments. Through the
years the crypto-movement changed and evolved, although decentralisation
remained the core ideology and the necessary feature every new crypto-project
should provide. In this paper we study the concept of centralisation in
cryptocurrencies using a wide array of methodologies from the complex systems
literature, on a comparative collection of blockchains, in order to define the
many different levels …
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