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.
Bitcoin Mining Difficulty Soars, Squeezing Miner Profitability
Bitcoin mining difficulty hit a new record, intensifying competition and pressuring miner profitability despite Bitcoin's recent price rally.
Mechanism Design Mitigates Selfish Miner Inefficiencies in Blockchain Order Books
A novel adjustable block size mechanism quantifies and reduces social welfare loss from selfish miner behavior in blockchain order books, enhancing market efficiency.
Incentivizing Multiple Proposers for Robust Blockchain Censorship Resistance
This research designs transaction fee mechanisms to economically incentivize multiple block proposers, fundamentally countering censorship and bribery in decentralized networks.
Decentralized Mechanism Design Impossibility and Cryptographic Circumvention
This research reveals the fundamental impossibility of fully collusion-resistant blockchain transaction mechanisms, proposing cryptographic techniques to build robust alternatives.
Ronin Network Revenue Surges Amidst Broader Crypto Gaming Downturn
Ronin Network demonstrates robust product-market fit in GameFi with a new title, driving significant transaction fee revenue growth and challenging prevailing sector slumps.
Bayesian Mechanism Design Secures Blockchain Fees
This research designs a truthful, collusion-proof transaction fee mechanism, ensuring miner revenue and network stability through a novel Bayesian approach.
Bayesian Mechanism Design Secures Blockchain Fees and Miner Revenue
This research pioneers a Bayesian approach to blockchain transaction fees, overcoming prior incentive limitations and ensuring sustainable miner compensation.
Leaderless Blockchain Transaction Fees: New Mechanism for Multi-Proposer Protocols
A novel game-theoretic model and FPA-EQ mechanism enable efficient, incentive-compatible transaction fee allocation in leaderless blockchains, crucial for scalable architectures.
