Leaderless Mechanism Design Secures Transaction Fee Incentive Compatibility
A new mechanism and game-theoretic property ensure that concurrent block producers in leaderless protocols are incentivized to maximize social welfare.
Designing Fair Transaction Fee Mechanisms for Leaderless Blockchains
This research introduces a game-theoretic model and a novel auction mechanism, FPA-EQ, ensuring fair and efficient transaction processing in emerging leaderless blockchain architectures.
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.
