Tandon in the News

Bitcoin Still above $250


Luqin Wang and Yong Liu, researchers at the NYU Polytechnic School of Engineering, have come up with a paper on the evolution of Bitcoin mining. Their work tackles various aspects of how Bitcoin miners have changed over the life of the network. In a subsection on solo miners, we can read:

We now examine how fast miners transfer out mined Bitcoins. We measure the time lag between a miner claimed a block and her next transaction. If a miner has no subsequent transaction in our trace, we tag the minor as frozen. 

(Read more...)