{"id":"https://openalex.org/W2965754357","doi":"https://doi.org/10.48550/arxiv.1908.02946","title":"Bootstrapping a stable computation token","display_name":"Bootstrapping a stable computation token","publication_year":2019,"publication_date":"2019-08-08","ids":{"openalex":"https://openalex.org/W2965754357","doi":"https://doi.org/10.48550/arxiv.1908.02946","mag":"2965754357"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:arx:papers:1908.02946","doi":null,"is_oa":false,"landing_page_url":"http://arxiv.org/pdf/1908.02946","pdf_url":"http://arxiv.org/pdf/1908.02946","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":["arxiv","datacite"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://arxiv.org/pdf/1908.02946","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5017252483","display_name":"Jason Teutsch","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Teutsch, Jason","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5026902766","display_name":"Sami M\u00e4kel\u00e4","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"M\u00e4kel\u00e4, Sami","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5068848765","display_name":"Surya Bakshi","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I157725225","display_name":"University of Illinois Urbana-Champaign","ror":"https://ror.org/047426m28","country_code":"US","type":"education","lineage":["https://openalex.org/I157725225"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Bakshi, Surya","raw_affiliation_strings":["UIUC/Truebit","***University of Illinois at Urbana-Champaign"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"UIUC/Truebit","institution_ids":["https://openalex.org/I157725225"]},{"raw_affiliation_string":"***University of Illinois at Urbana-Champaign","institution_ids":["https://openalex.org/I157725225"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":1,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T13913","display_name":"Blockchain Technology in Education and Learning","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10772","display_name":"Distributed systems and fault tolerance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1705","display_name":"Computer Networks and Communications"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/blockchain","display_name":"blockchain","score":0.3479999899864197},{"id":"https://openalex.org/keywords/task-pricing","display_name":"task pricing","score":0.7129999995231628},{"id":"https://openalex.org/keywords/token-economics","display_name":"token economics","score":0.6150000095367432},{"id":"https://openalex.org/keywords/liquidity","display_name":"liquidity","score":0.7210000157356262},{"id":"https://openalex.org/keywords/decentralized-governance","display_name":"decentralized governance","score":0.7360000014305115},{"id":"https://openalex.org/keywords/utility-tokens","display_name":"utility tokens","score":0.8389999866485596},{"id":"https://openalex.org/keywords/decentralized-computing","display_name":"decentralized computing","score":0.5260000228881836}],"concepts":[{"id":"https://openalex.org/C48145219","wikidata":"https://www.wikidata.org/wiki/Q1335365","display_name":"Security token","level":2,"score":0.8608934879302979},{"id":"https://openalex.org/C207609745","wikidata":"https://www.wikidata.org/wiki/Q4944086","display_name":"Bootstrapping (finance)","level":2,"score":0.719139814376831},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.6550244688987732},{"id":"https://openalex.org/C136810230","wikidata":"https://www.wikidata.org/wiki/Q188961","display_name":"Decentralization","level":2,"score":0.49369487166404724},{"id":"https://openalex.org/C45374587","wikidata":"https://www.wikidata.org/wiki/Q12525525","display_name":"Computation","level":2,"score":0.4929087162017822},{"id":"https://openalex.org/C63063934","wikidata":"https://www.wikidata.org/wiki/Q1079747","display_name":"Embeddedness","level":2,"score":0.42669692635536194},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.4219123125076294},{"id":"https://openalex.org/C2779227376","wikidata":"https://www.wikidata.org/wiki/Q6505497","display_name":"Layer (electronics)","level":2,"score":0.42031121253967285},{"id":"https://openalex.org/C2776214188","wikidata":"https://www.wikidata.org/wiki/Q408386","display_name":"Inference","level":2,"score":0.41747140884399414},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.4104599356651306},{"id":"https://openalex.org/C31258907","wikidata":"https://www.wikidata.org/wiki/Q1301371","display_name":"Computer network","level":1,"score":0.29398849606513977},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.2315332591533661},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.21762514114379883},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.15771442651748657},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1528017520904541},{"id":"https://openalex.org/C11413529","wikidata":"https://www.wikidata.org/wiki/Q8366","display_name":"Algorithm","level":1,"score":0.10473978519439697},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C178790620","wikidata":"https://www.wikidata.org/wiki/Q11351","display_name":"Organic chemistry","level":1,"score":0.0},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C19165224","wikidata":"https://www.wikidata.org/wiki/Q23404","display_name":"Anthropology","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"pmh:oai:RePEc:arx:papers:1908.02946","doi":null,"is_oa":false,"landing_page_url":"http://arxiv.org/pdf/1908.02946","pdf_url":"http://arxiv.org/pdf/1908.02946","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:arXiv.org:1908.02946","doi":null,"is_oa":true,"landing_page_url":"http://arxiv.org/abs/1908.02946","pdf_url":"https://arxiv.org/pdf/1908.02946","source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":"2331-8422","issn":["2331-8422"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"text"},{"id":"mag:2965754357","doi":null,"is_oa":true,"landing_page_url":"https://arxiv.org/pdf/1908.02946.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":"2331-8422","issn":["2331-8422"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"arXiv (Cornell University)","raw_type":null},{"id":"doi:10.48550/arxiv.1908.02946","doi":"https://doi.org/10.48550/arxiv.1908.02946","is_oa":true,"landing_page_url":"https://doi.org/10.48550/arxiv.1908.02946","pdf_url":null,"source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":"2331-8422","issn":["2331-8422"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Preprint"}],"best_oa_location":{"id":"pmh:oai:arXiv.org:1908.02946","doi":null,"is_oa":true,"landing_page_url":"http://arxiv.org/abs/1908.02946","pdf_url":"https://arxiv.org/pdf/1908.02946","source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":"2331-8422","issn":["2331-8422"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"text"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2965754357.pdf","grobid_xml":"https://content.openalex.org/works/W2965754357.grobid-xml"},"referenced_works_count":5,"referenced_works":["https://openalex.org/W2075144441","https://openalex.org/W2811105989","https://openalex.org/W2888947553","https://openalex.org/W2967439377","https://openalex.org/W2968858659"],"related_works":["https://openalex.org/W3162154400","https://openalex.org/W6960395032","https://openalex.org/W6944320459","https://openalex.org/W3190728716","https://openalex.org/W7135038647","https://openalex.org/W7171569730","https://openalex.org/W3083021952","https://openalex.org/W7207843922","https://openalex.org/W6922581190","https://openalex.org/W2973798855"],"abstract_inverted_index":{"We":[0],"outline":[1],"a":[2,7,50,63],"token":[3,52],"model":[4,17],"for":[5,58],"Truebit,":[6],"retrofitting,":[8],"blockchain":[9],"enhancement":[10],"which":[11,54],"enables":[12],"secure,":[13],"community-based":[14],"computation.":[15],"The":[16,40],"addresses":[18],"the":[19,28,77],"challenge":[20],"of":[21],"stable":[22],"task":[23],"pricing,":[24],"as":[25],"raised":[26],"in":[27],"Truebit":[29],"whitepaper,":[30],"without":[31],"appealing":[32],"to":[33],"external":[34],"oracles,":[35],"exchanges,":[36],"or":[37],"hierarchical":[38],"nodes.":[39],"system's":[41],"sustainable":[42],"economics":[43],"and":[44],"fair":[45],"market":[46],"pricing":[47],"derive":[48],"from":[49],"mintable":[51],"format":[53],"leverages":[55],"existing":[56],"tokens":[57],"liquidity.":[59],"Finally,":[60],"we":[61],"introduce":[62],"governance":[64],"layer":[65],"whose":[66],"lifecycles":[67],"culminates":[68],"with":[69],"permanent":[70],"dissolution":[71],"into":[72],"utility":[73],"tokens,":[74],"thereby":[75],"tending":[76],"network":[78],"towards":[79],"autonomous":[80],"decentralization.":[81]},"counts_by_year":[{"year":2020,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2019-08-13T00:00:00"}