Scientific articles, books and news relevant to the Bitcoin Power Law. Scroll to the bottom for Bitcoin scientific papers and video lectures.
A classic book and a necessary reference to understand the relevance of scaling in natural and human phenomena.
Bitcoin is a network and the power law is a manifestation of its network properties. Very relevant. Barabasi is a major expert in the field and the author of a paper that explain how information spreads as a virus (like Bitcoin) in networks.
A universal power law for modelling the growth and form of teeth, claws, horns, thorns, beaks, and shells
A very important paper that develops a method to model all types of social network growth. It arrives to the conclusion that the real-life network tend to follow a power law growth.
Humans can be described by physics differently from what certain economists say. The same physics which is relevant in understanding Bitcoin. Forget economics and finance, they are inadequate tools, we need Physics.
The article looks at the local fractal properties of Bitcoin and its overall trend.
"A very surprising result is moreover that, despite the wild ride of the bitcoin price and its multi-fractal and nonstationary character, this price has both local power law behaviors and very orderly correlation structure when it is observed on its entire period of existence".
This is article is the basis of our
Physicist Geoffrey West has found that simple, mathematical laws govern the properties of cities -- that wealth, crime rate, walking speed and many other aspects of a city can be deduced from a single number: the city's population. In this mind-bending talk from TEDGlobal he shows how it works and how similar laws hold for organisms and corporations.
“Power laws” are mathematical relationships expressed by exponents or logarithms—why are they so powerful in describing the world? Why are power laws found in diverse complex systems in biology and society? How could simple arithmetic have explanatory potency?
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