Bitcoin: A Game-Theoretic Analysis 1st Edition

Gripping and rigorous, Bitcoin: A Game-Theoretic Analysis, 1st Edition by Micah Warren reframes the world’s leading cryptocurrency through the lens of strategic decision-making. Perfect for researchers, developers, investors, and policymakers, this book unpacks how incentives, competition, and cooperation shape Bitcoin’s security and evolution.

Warren blends clear explanations with formal models to illuminate core topics: miner incentives, consensus protocols, double-spend attacks, fee markets, and equilibrium behaviors that govern network dynamics. Readers gain an accessible yet mathematically grounded understanding of how individual actors—miners, nodes, users—make rational choices that produce system-level outcomes. Real-world examples and thought experiments link theory to the practical challenges facing Bitcoin today.

Whether you’re a graduate student studying cryptoeconomics, an engineer designing resilient protocols, or an investor seeking deeper insight into long-term network stability, this volume equips you with tools to analyze risk, forecast behavior, and evaluate proposed protocol changes. The text’s clarity makes complex game-theoretic concepts approachable without sacrificing analytical depth.

Ideal for a global audience—from North America and Europe to Asia’s tech hubs—this first edition serves as both a reference and a springboard for further research. Insightful, timely, and authoritative, Bitcoin: A Game-Theoretic Analysis is essential reading for anyone who wants to understand the strategic forces behind Bitcoin’s design and future. Order your copy today to deepen your understanding of cryptocurrency dynamics and strategic protocol design.

Note: eBooks do not include supplementary materials such as CDs, access codes, etc.