88 citations · 205 across the 9 of their papers we have counts for
7 papers · 1 filter
The Economics of Blockchain Governance: Evaluate Liquid Democracy on the Internet Computer
Yulin Liu, Luyao Zhang
Decentralized Autonomous Organizations (DAOs), utilizing blockchain technology to enable collective governance, are a promising innovation. This research addresses the ongoing quer…
Blockchain Network Analysis: A Comparative Study of Decentralized Banks
Yufan Zhang, Zichao Chen, Yutong Sun +2
Decentralized finance (DeFi) is known for its unique mechanism design, which applies smart contracts to facilitate peer-to-peer transactions. The decentralized bank is a typical De…
SoK: Blockchain Decentralization
Luyao Zhang, Xinshi Ma, Yulin Liu
Blockchain introduces decentralized trust in peer-to-peer networks, advancing security and democratizing systems. Yet, a unified definition for decentralization remains elusive. Ou…
Cryptocurrency Valuation: An Explainable AI Approach
Yulin Liu, Luyao Zhang
Currently, there are no convincing proxies for the fundamentals of cryptocurrency assets. We propose a new market-to-fundamental ratio, the price-to-utility (PU) ratio, utilizing u…
Empirical Analysis of EIP-1559: Transaction Fees, Waiting Time, and Consensus Security
Yulin Liu, Yuxuan Lu, Kartik Nayak +3
A transaction fee mechanism (TFM) is an essential component of a blockchain protocol. However, a systematic evaluation of the real-world impact of TFMs is still absent. Using rich…
Optimal Algorithmic Monetary Policy
Luyao Zhang, Yulin Liu
Centralized monetary policy, leading to persistent inflation, is often inconsistent, untrustworthy, and unpredictable. Algorithmic stablecoins enabled by blockchain technology are…
Deciphering Bitcoin Blockchain Data by Cohort Analysis
Yulin Liu, Luyao Zhang, Yinhong Zhao
Bitcoin is a peer-to-peer electronic payment system that has rapidly grown in popularity in recent years. Usually, the complete history of Bitcoin blockchain data must be queried t…