Interactive coin offerings

August 12, 2019 Β· Declared Dead Β· πŸ› arXiv.org

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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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