[nullc]

This is not an accurate model of how bitcoin works. :(

Not at all.

[cryptowizard]

Can you explain what's wrong with it?

[nullc]

It's difficult to do an analysis of a paper I cannot access, so my response was related to your description.

I talk some about why people who write Bitcoin software don't control anything this post: https://news.ycombinator.com/item?id=21978934

[parkinspace]

Hi Greg, I'd be happy to send you a copy and would appreciate your input. My email can be found on my staff profile: https://www.westernsydney.edu.au/ics/people/adjunct_research...