论文标题
加密的区块链机制和分布特性
Blockchain mechanism and distributional characteristics of cryptos
论文作者
论文摘要
我们研究了加密货币的潜在区块链机制及其分布特性之间的关系。除了价格外，我们还强调使用实际的块大小和块时间作为加密的操作特征。我们使用分布特性，例如傅立叶功率谱，矩，分位数，全局我们最佳级，以及长期依赖关系，风险和噪声的措施来总结加密时间序列的信息。通过以下假设：区块链结构解释了加密的分布特征，我们使用基于特征的光谱聚类将所选加密群聚类为五组。我们仔细检查了这些集群，发现确实，加密群的簇具有相似的机制，例如叉子的起源，难度调节频率和块大小的性质。本文为加密创建者和用户提供了对区块链协议设计与加密特征之间的连接的更好理解。
We investigate the relationship between underlying blockchain mechanism of cryptocurrencies and its distributional characteristics. In addition to price, we emphasise on using actual block size and block time as the operational features of cryptos. We use distributional characteristics such as fourier power spectrum, moments, quantiles, global we optimums, as well as the measures for long term dependencies, risk and noise to summarise the information from crypto time series. With the hypothesis that the blockchain structure explains the distributional characteristics of cryptos, we use characteristic based spectral clustering to cluster the selected cryptos into five groups. We scrutinise these clusters and find that indeed, the clusters of cryptos share similar mechanism such as origin of fork, difficulty adjustment frequency, and the nature of block size. This paper provides crypto creators and users with a better understanding toward the connection between the blockchain protocol design and distributional characteristics of cryptos.
