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Past Member

Daniel Aronoff

Former Research Scientist

Contact Information:

daronoff@mit.edu

Groups

Digital Currency Initiative (DCI)

Project Research

A Model and Estimation of Bitcoin Transaction Fees

Bitcoin miners compete to earn a block reward by applying hashrate to solve a puzzle set by the code. Equilibrium hashrate is a function of…

Project Research

A Trading Mechanism to Increase Intermediation Capacity in the Repo Market

The US Treasuries repo market is the largest financial market in the world. Trade volume is constrained by the interaction of accounting ru…

Project Research

Targeted Nakamoto: A Bitcoin Protocol to Balance Network Security and Energy Consumption

In a Proof-of-Work blockchain such as Bitcoin mining hashrate is increasing in the block reward. An increase in hashrate reduces network vu…

Project Research

ADESS: A Proof of Work Blockchain Protocol Modification to Deter Double-Spend Attacks

A principal vulnerability of a proof-of-work ("PoW") blockchain is that an attacker can re-write the history of transactions by forking a p…