2 papers
physics.soc-ph2020
Lightning Network: a second path towards centralisation of the Bitcoin economy
Jian-Hong Lin, Kevin Primicerio, Tiziano Squartini +2
The Bitcoin Lightning Network (BLN), a so-called "second layer" payment protocol, was launched in 2018 to scale up the number of transactions between Bitcoin owners. In this paper,…
q-fin.ST2018
Large large-trader activity weakens the long memory of limit order markets
Kevin Primicerio, Damien Challet
Using more than 6.7 billions of trades, we explore how the tick-by-tick dynamics of limit order books depends on the aggregate actions of large investment funds on a much larger (q…