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We review different classes of cryptocurrencies with emphasis on their economic properties. Pure-asset coins such as Bitcoin, Ethereum and Ripple are characterized by not being a liability of any economic agent and most resemble commodities…

General Economics · Economics 2021-09-22 Matheus R. Grasselli , Alexander Lipton

We consider positional numeration systems with negative real base $-\beta$, where $\beta>1$, and study the extremal representations in these systems, called here the greedy and lazy representations. We give algorithms for determination of…

Dynamical Systems · Mathematics 2013-04-29 Tomáš Hejda , Zuzana Masáková , Edita Pelantová

Optimal experimental design (OED) concerns itself with identifying ideal methods of data collection, e.g.~via sensor placement. The \emph{greedy algorithm}, that is, placing one sensor at a time, in an iteratively optimal manner, stands as…

Optimization and Control · Mathematics 2025-10-15 Christian Aarset

Consensus is one of the most fundamental distributed computing problems. In particular, it serves as a building block in many replication based fault-tolerant systems and in particular in multiple recent blockchain solutions. Depending on…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-08-08 Yehonatan Buchnik , Roy Friedman

We investigate the performance of the standard Greedy algorithm for cardinality constrained maximization of non-submodular nondecreasing set functions. While there are strong theoretical guarantees on the performance of Greedy for…

Discrete Mathematics · Computer Science 2019-05-15 Andrew An Bian , Joachim M. Buhmann , Andreas Krause , Sebastian Tschiatschek

In a model free discrete time financial market, we prove the superhedging duality theorem, where trading is allowed with dynamic and semi-static strategies. We also show that the initial cost of the cheapest portfolio that dominates a…

Mathematical Finance · Quantitative Finance 2016-05-03 Matteo Burzoni , Marco Frittelli , Marco Maggis

We present an optimal investment theorem for a currency exchange model with random and possibly discontinuous proportional transaction costs. The investor's preferences are represented by a multivariate utility function, allowing for…

Probability · Mathematics 2009-04-08 Luciano Campi , Mark P. Owen

We briefly discuss the greedy method and a couple of its more efficient variants for approximately maximizing monotone submodular functions.

Optimization and Control · Mathematics 2025-10-21 Alen Alexanderian

We study four (families of) sets of algebraic integers of degree less than or equal to three. Apart from being simply defined, we show that they share two distinctive characteristics: almost uniformity and arithmetical independence. Here,…

Number Theory · Mathematics 2023-08-25 Asaki Saito , Jun-ichi Tamura , Shin-ichi Yasutomi

The Binary Vector Clock is a simple, yet space-efficient algorithm for generating a partial order of transactions in account-based blockchain systems. The Binary Vector Clock solves the problem of order dependency in systems such as…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-17 Lum Ramabaja

Sequence models are a critical component of modern NLP systems, but their predictions are difficult to explain. We consider model explanations though rationales, subsets of context that can explain individual model predictions. We find…

Computation and Language · Computer Science 2021-11-19 Keyon Vafa , Yuntian Deng , David M. Blei , Alexander M. Rush

In this note we consider the maximization of the expected terminal wealth for the setup of quadratic transaction costs. First, we provide a very simple probabilistic solution to the problem. Although the problem was largely studied, as far…

Computational Finance · Quantitative Finance 2024-08-06 Yan Dolinsky , Doron Greenstein

Atomic swaps are a fundamental primitive for the trustless exchange of digital assets across blockchains: they guarantee that either both parties receive the agreed assets or neither party transfers. While this all-or-nothing guarantee is…

Cryptography and Security · Computer Science 2026-05-07 Paul Gerhart , Jay Taylor , Sri Aravinda Krishnan Thyagarajan

We study a generalization of the multi-armed bandit problem with multiple plays where there is a cost associated with pulling each arm and the agent has a budget at each time that dictates how much she can expect to spend. We derive an…

Machine Learning · Statistics 2019-09-13 Alexander Luedtke , Emilie Kaufmann , Antoine Chambaz

Lo and Chau showed that an ideal quantum coin flipping protocol is impossible. The proof was simply derived from the impossibility proof of quantum bit commitment. However, the proof still leaves the possibility of a quantum coin flipping…

Quantum Physics · Physics 2007-05-23 Yuki Tokunaga

In this paper we investigate the problem of sorting a set of $n$ coins, each with distinct but unknown weights, using an unusual scale. The classical version of this problem, which has been well-studied, gives the user a binary scale,…

Combinatorics · Mathematics 2015-07-22 Richard A. B. Johnson , Gabor Meszaros

Simultaneous operation of all sensors in a large-scale sensor network is power-consuming and computationally expensive. Hence, it is desirable to select fewer sensors. A greedy algorithm is widely used for sensor selection in homogeneous…

Signal Processing · Electrical Eng. & Systems 2024-05-24 Kaushani Majumder , SibiRaj B. Pillai , Satish Mulleti

In this paper, we study weights for the Thresholding Greedy Algorithm (TGA). While previous work focused on sequential weights $\varsigma = (s_n)_{n\in\mathbb{N}}$ on each positive integer, we study a more general weight $\omega =…

Functional Analysis · Mathematics 2023-02-10 Hung Viet Chu

In a two-player zero-sum graph game the players move a token throughout a graph to produce an infinite path, which determines the winner or payoff of the game. Traditionally, the players alternate turns in moving the token. In {\em bidding…

Theoretical Economics · Economics 2020-12-22 Guy Avni , Ismaël Jecker , Đorđe Žikelić

"God does not play dice. He flips coins instead." And though for some reason He has denied us quantum bit commitment. And though for some reason he has even denied us strong coin flipping. He has, in His infinite mercy, granted us quantum…

Quantum Physics · Physics 2007-11-28 Carlos Mochon