Interesting paper on Bitcoin economics. Since Monero follows a nearly-identical PoW structure the paper can be applied to Monero as well.
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3142022
The paper attempts to analyze and even in some cases quantify some of the structure incorporated into this famous diagram:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3142022
The paper attempts to analyze and even in some cases quantify some of the structure incorporated into this famous diagram:
The authors are doing an AMA right now: https://amp.reddit.com/r/Bitcoin/comments/8c05vr/hi_rbitcoin_im_emiliano_pagnotta_assistant/