Interactive coin offerings

Jason Teutsch, Vitalik Buterin and Christopher Brown

Papers from arXiv.org

Abstract: Ethereum has emerged as a dynamic platform for exchanging cryptocurrency tokens. While token crowdsales cannot simultaneously guarantee buyers both certainty of valuation and certainty of participation, we show that if each token buyer specifies a desired purchase quantity at each valuation then everyone can successfully participate. Our implementation introduces smart contract techniques which recruit outside participants in order to circumvent computational complexity barriers.

Date: 2019-08
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1908.04295

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