Uniqueness of the multiplicative cyclotomic trace

Mathematics – K-Theory and Homology

Scientific paper

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16 pages

Scientific paper

Using Lurie's theory of infinite operads, we construct a symmetric monoidal structure on the infinite category of all functors (from small stable infinite categories to spectra) that satisfy additivity. The unit of this symmetric monoidal structure is the algebraic K-theory functor and (E-infinite) algebras correspond to the lax (symmetric) monoidal functors. As applications we show that the space of multiplicative structures on the algebraic K-theory functor is contractible, and that the cyclotomic trace can be characterized as the unique multiplicative natural transformation from K-theory to THH.

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