A Network Resource is any component or service within a distributed ledger technology (DLT) system that is required for its operation and maintenance. This can include computational power, data storage, bandwidth, or the capacity to process transactions. The availability and allocation of network resources directly influence the performance, security, and cost of using a blockchain. Managing these resources is fundamental to network sustainability and efficiency.
Context
The allocation and management of network resources are central to discussions about blockchain scalability and economic incentives. Debates often arise regarding the optimal distribution of these resources to ensure network security while maintaining accessibility and affordability for users. Observing how different protocols incentivize the provision and utilization of network resources offers insight into their long-term viability.
A new consensus protocol leveraging epidemic-style communication eliminates fixed validators, achieving superior throughput and latency for extreme-scale networks.
This research reveals Maximal Extractable Value as the primary bottleneck for blockchain scaling, proposing programmable privacy and explicit bidding for efficient resource allocation.
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