An Ultimate Guide to Crypto-Economics
A Condensed Study of Major Crypto-Economic Research Papers
Published in
19 min readFeb 9, 2019
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Almost all cryptocurrencies today require their users to attach fees to their transactions. The miners then add transactions paying the highest fees into the blockchain and derive an income stream. This mechanism, dubbed as “fee market” is superficially appealing(as it’s driven almost entirely by such fees), and has led some to push hard for a blockchain vision.
Much of the BTC/BCH split stemmed from a difference of vision around this central point, where BTC developers wanted to steer Bitcoin away from a reliance on block rewards and towards higher transaction fees. In contrast, BCH developers reacted…
