3.2 KiB
3.2 KiB
Ethereum
Ethereum is a cryptoasset that extends the bitcoin model to allow the execution of smart contracts.
Properties
Ethereum is not a currency.
Ethereum is a speculative investment.
Ethereum is deflationary.
Ethereum is a bearer instrument.
Ethereum has no fundamental value.
Ethereum has no use value.
Ethereum has no income-cashflows.
Ethereum has a present-value of zero.
Ethereum has a terminal-value of zero.
Ethereum is a greater-fool theory asset.
Ethereum is a non-productive investment.
Ethereum has a negative expected return.
Ethereum is a security.
Ethereum is based on the consensus algorithm known as Proof of Work mining.
References
- Ante, Lennart. 2020. ‘Smart Contracts on the Blockchain – A Bibliometric Analysis and Review’. SSRN Electronic Journal, no. 10: 1–48. https://doi.org/10.2139/ssrn.3576393.
- ———. 2021a. ‘Non-Fungible Token (NFT) Markets on the Ethereum Blockchain: Temporal Development, Cointegration and Interrelations’. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3904683.
- ———. 2021b. ‘Smart Contracts on the Blockchain – A Bibliometric Analysis and Review’. Telematics and Informatics 57: 101519. https://doi.org/10.1016/j.tele.2020.101519.
- Bartoletti, Massimo, Salvatore Carta, Tiziana Cimoli, and Roberto Saia. 2020. ‘Dissecting Ponzi Schemes on Ethereum: Identification, Analysis, and Impact’. Future Generation Computer Systems 102: 259–77.
- Brekke, Clara Jaya. 2019. ‘Disassembling the Trust Machine, Three Cuts on the Political Matter of Blockchain T’. PhD Thesis. http://etheses.dur.ac.uk/13174/http://etheses.dur.ac.uk.
- Brody, Ann, and Stéphane Couture. 2021. ‘Ideologies and Imaginaries in Blockchain Communities: The Case of Ethereum’. Canadian Journal of Communication 46 (3). https://doi.org/10.22230/cjc.2021v46n3a3701.
- Casale-Brunet, S., P. Ribeca, P. Doyle, and M. Mattavelli. 2021. ‘Networks of Ethereum Non-Fungible Tokens: A Graph-Based Analysis of the ERC-721 Ecosystem’. ArXiv Preprint ArXiv:2110.12545. http://arxiv.org/abs/2110.12545.
- Hartel, Pieter, Ivan Homoliak, and Daniël Reijsbergen. 2019. ‘An Empirical Study Into the Success of Listed Smart Contracts in Ethereum’. IEEE Access 7: 177539–55.
- Jason Kolber, Adam. 2018. ‘Not-So-Smart Blockchain Contracts and Artificial Responsibility’. Stanford Technology Law Review 21 (2): 198–234. https://law.stanford.edu/publications/not-so-smart-blockchain-contracts-and-artificial-responsibility/.
- McDonald, Kyle. 2021. ‘Ethereum Emissions: A Bottom-up Estimate’. http://arxiv.org/abs/2112.01238.
- Walch, Angela. 2019. ‘Deconstructing ‘Decentralization’: Exploring the Core Claim of Crypto Systems’. C. Brummer (Ed.), Crypto Assets: Legal and Monetary Perspectives, 1–36. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3326244.