Economics, Blockchain, Bitcoin, Ethereum, Technology.
first block is released can be defined using the following. Indicator functions I[C(i,L) ≥ O(L)]. Utility functions U(i,B) = V(i,B) - C(i,L). Agent i drops out if and only if U(i,B) < 0. It follows that the total number of nodes that drop out after the first round is equal to: n * Pr(I[C(i,L) ≥