First-Price Auction with Equal Sharing Secures Leaderless Blockchain Transaction Fees
A novel first-price auction mechanism for leaderless blockchains ensures fair transaction fee distribution, fostering robust, decentralized block production.
FPA-EQ Mechanism Designs Fair Leaderless Blockchain Transaction Fees
This research introduces a novel auction mechanism for leaderless blockchains, ensuring block producer incentive alignment and substantial welfare guarantees.
