Interactive coin offerings
August 12, 2019 Β· Declared Dead Β· π arXiv.org
"No code URL or promise found in abstract"
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Authors
Jason Teutsch, Vitalik Buterin, Christopher Brown
arXiv ID
1908.04295
Category
econ.TH
Cross-listed
cs.CR,
cs.GT
Citations
39
Venue
arXiv.org
Last Checked
3 months ago
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.
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