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Bayesian Mechanism Design Yields Truthful, Collusion-Proof Blockchain Transaction Fees

This research introduces an auxiliary mechanism method to design transaction fee mechanisms that overcome existing impossibility results, enabling positive miner revenue while preserving truthfulness and collusion-proof properties in blockchain systems.

September 18, 20251 min

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Transaction Blockchain Revenue Mechanism Fees Prevent Collusion

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Blockchain Fees Incentive Compatibility Mechanism Multinomial Logit Prevent Collusion Revenue Transaction Transaction Fee Mechanism Transaction Fee Mechanisms Transaction Fees Users

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