Decentralization in Bitcoin and Ethereum Networks

Decentralization in Bitcoin and Ethereum Networks Adem Efe Gencer, Soumya Basu, Ittay Eyal, Robbert van Renesse, Emin Gün Sirer (Submitted on 11 Jan 2018 (v1), last revised 29 Mar 2018 (this version, v2)) Blockchain-based cryptocurrencies have demonstrated how to securely implement traditionally centralized systems, such as currencies, in a decentralized fashion. However, there have been…