000 02058cam a2200241 i 4500
005 20250624094840.0
008 221128s2023 gw b 001 0 eng
020 _a9783110772838
040 _aCSL
_cCSL
041 _2eng
_aeng
084 _aD65,8(B):(X62) R3
_qCSL
100 1 _aWarren, Micah
_eauthor.
_9814343
245 1 0 _aBitcoin
_b: A game-theoretic analysis
260 _aBoston :
_bDe Gruyter,
_c2023.
300 _axv, 328 p.
_b: ill.
_c; 25 cm.
504 _aIncludes bibliographical references and index.
520 _aThe definitive guide to the game-theoretic and probabilistic underpinning for Bitcoin's security model. The book begins with an overview of probability and game theory. Nakamoto Consensus is discussed in both practical and theoretical terms. This volume: Describes attacks and exploits with mathematical justifications, including selfish mining. Identifies common assumptions such as the Market Fragility Hypothesis, establishing a framework for analyzing incentives to attack. Outlines the block reward schedule and economics of ASIC mining. Discusses how adoption by institutions would fundamentally change the security model. Analyzes incentives for double-spend and sabotage attacks via stock-flow models. Overviews coalitional game theory with applications to majority takeover attacks. Presents Nash bargaining with application to unregulated environments. This book is intended for students or researchers wanting to engage in a serious conversation about the future viability of Bitcoin as a decentralized, censorship-resistant, peer-to-peer electronic cash system. Explains the game theoretic underpinning of Bitcoin from inception to large-scale adoption. Combines basics of game theory, probability and the Proof-of-Work protocol. Includes end of chapter exercises, and python code snippets. --
650 0 _aBitcoin.
_9814344
650 0 _aGame theory.
_9235651
650 0 _aStrategic planning.
_9579989
650 0 _aEconomics.
942 _2CC
_cTEXL
_hD65,8(B):(X62) R3
_n0
999 _c1432842
_d1432842