Abstract

The mathematics underlying blockchain-based cryptocurrencies is beyond the scope of most undergraduate finance programs. However, students should understand the intuition behind blockchain so that they might better understand how to apply this technology to future cases. In this paper, we develop a mathematically simple digital signature example and a mathematically simple proof-of-work simulation for classroom use.

Document Type

Working Paper

Publication Date

8-21-2024

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CRYPTO-MININGV6.xlsx (22 kB)

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