Related papers: A Social Network Approach to Analyzing Token Prope…
This paper examines Web3 ecosystems not merely as markets for digital assets, but as networked social spaces where economic transactions give rise to enduring social ties, shared narratives, and collective identities. Leveraging large-scale…
The anonymity of blockchain has accelerated the growth of illegal activities and criminal behaviors on cryptocurrency platforms. Although decentralization is one of the typical characteristics of blockchain, we urgently call for effective…
Blockchain technology, beyond cryptocurrencies, is called to be the new information exchange ecosystem due to its unique properties, such as immutability and transparency. The main objective of this work is to introduce the design of a…
The blockchain paradigm provides a mechanism for content dissemination and distributed consensus on Peer-to-Peer (P2P) networks. While this paradigm has been widely adopted in industry, it has not been carefully analyzed in terms of its…
Decentralization is emerging as a key feature of the future Internet. However, effective algorithms for search are missing from state-of-the-art decentralized technologies, such as distributed hash tables and blockchain. This is surprising,…
We empirically verify that the market capitalisations of coins and tokens in the cryptocurrency universe follow power-law distributions with significantly different values, with the tail exponent falling between 0.5 and 0.7 for coins, and…
From many datasets gathered in online social networks, well defined community structures have been observed. A large number of users participate in these networks and the size of the resulting graphs poses computational challenges. There is…
Determining the key elements of interconnected infrastructure and complex systems is paramount to ensure system functionality and integrity. This work quantifies the dominance of the networks' nodes in their respective neighborhoods,…
Privacy protection mechanisms are a fundamental aspect of security in cryptocurrency systems, particularly in decentralized networks such as Bitcoin. Although Bitcoin addresses are not directly associated with real-world identities, this…
Bitcoin introduced delegation of control over a monetary system from a select few to all who participate in that system. This delegation is known as the decentralization of controlling power and is a powerful security mechanism for the…
Blockchain technology and, in particular, blockchain-based transaction offers us information that has never been seen before in the financial world. In contrast to fiat currencies, transactions through virtual currencies like Bitcoin are…
Transaction data from digital payment systems can be used to study economic processes in such detail that was not possible previously. Here, data from the Sarafu token network, a Community Inclusion Currency in Kenya, is analysed. During…
Many classical blockchains are known to have an embarrassingly low transaction throughput, down to Bitcoin's notorious seven transactions per second limit.Various proposals and implementations for increasing throughput emerged in the first…
This paper presents the first empirical analysis of how diverse token-based reward mechanisms impact platform dynamics and user behaviors. For this, we gather a unique, large-scale dataset from Farcaster. This blockchain-based,…
A key challenge for Bitcoin cryptocurrency holders, such as startups using ICOs to raise funding, is managing their FX risk. Specifically, a misinformed decision to convert Bitcoin to fiat currency could, by itself, cost USD millions. In…
Blockchain technologies underpin an expanding ecosystem of decentralized applications, financial systems, and infrastructure. However, the fundamental networking layer that sustains these systems, the peer-to-peer layer, of all but the top…
This paper presents a comprehensive Decentraland parcels dataset, called IITP-VDLand, sourced from diverse platforms such as Decentraland, OpenSea, Etherscan, Google BigQuery, and various Social Media Platforms. Unlike existing datasets…
Blockchain-based cryptocurrencies have received extensive attention recently. Massive data has been stored on permission-less blockchains. The analysis on massive blockchain data can bring huge business values. However, the lack of…
Cross-correlations in fluctuations of the daily exchange rates within the basket of the 100 highest-capitalization cryptocurrencies over the period October 1, 2015, through March 31, 2019, are studied. The corresponding dynamics…
Across the sciences, the statistical analysis of networks is central to the production of knowledge on relational phenomena. Because of their ability to model the structural generation of networks, exponential random graph models are a…