Blockchain Economics examines the design and analysis of incentive structures within decentralized systems. It applies economic principles to understand how digital assets, consensus mechanisms, and protocol rules influence participant behavior. This field seeks to ensure the security, stability, and efficient operation of blockchain networks through carefully constructed economic models.
Context
Current discourse in Blockchain Economics frequently centers on the sustainability of tokenomics, the effectiveness of various staking mechanisms, and the game-theoretic implications of protocol upgrades. Debates persist regarding the optimal balance between network security, decentralization, and economic incentives, with significant attention paid to how these factors shape network adoption and long-term value.
The research defines MMIC and OCA-proofness, new game-theoretic primitives that formally analyze and secure transaction fee mechanisms against collusion.
This research introduces a batch-processing AMM mechanism that maintains a constant potential function, provably eliminating miner arbitrage and enforcing strategy-proof trading.
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