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dc.contributor.advisorBarbara Wixom.en_US
dc.contributor.authorKosgi, Karthic Prasaden_US
dc.contributor.otherMassachusetts Institute of Technology. Engineering Systems Division.en_US
dc.date.accessioned2017-03-10T15:07:26Z
dc.date.available2017-03-10T15:07:26Z
dc.date.copyright2016en_US
dc.date.issued2016en_US
dc.identifier.urihttp://hdl.handle.net/1721.1/107369
dc.descriptionThesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, School of Engineering, System Design and Management Program, Engineering and Management Program, 2016.en_US
dc.descriptionCataloged from PDF version of thesis.en_US
dc.descriptionIncludes bibliographical references (pages 74-79).en_US
dc.description.abstractBitcoin is a cryptocurrency and a decentralized payment system. The transactions between two parties are approved not by a central institution but by the peers of the network. Bitcoin uses cryptography and software algorithms to control the units of generation and to verify the transactions on the network. However, bitcoin is the not the only cryptocurrency with these capabilities. There are more than 600 cryptocurrencies in the market. Nonetheless, bitcoin is the most successful cryptocurrency to date with the highest market cap, transaction volume, merchant adoption, and venture capital investments. In this thesis, the author investigates why bitcoin is the most successful cryptocurrency to date. The author's research identified that bitcoin's success is rooted in its ability to become an effective multisided platform with network effects.en_US
dc.description.statementofresponsibilityby Karthic Prasad Kosgi.en_US
dc.format.extent79 pagesen_US
dc.language.isoengen_US
dc.publisherMassachusetts Institute of Technologyen_US
dc.rightsMIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission.en_US
dc.rights.urihttp://dspace.mit.edu/handle/1721.1/7582en_US
dc.subjectEngineering and Management Program.en_US
dc.subjectSystem Design and Management Program.en_US
dc.subjectEngineering Systems Division.en_US
dc.titleUncovering the secrets of bitcoin's successen_US
dc.typeThesisen_US
dc.description.degreeS.M. in Engineering and Managementen_US
dc.contributor.departmentMassachusetts Institute of Technology. Engineering and Management Programen_US
dc.contributor.departmentSystem Design and Management Program.en_US
dc.identifier.oclc973337540en_US


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