How financial technology impacts financial inclusion and democratic access to financial
services is central for policy discussions and applied research (World Bank Group, 2016; …

Recent works of Roughgarden (EC'21) and Chung and Shi (SODA'23) initiate the study of a
new decentralized mechanism design problem called transaction fee mechanism design …

Blockchain enables peer-to-peer transactions in cyberspace without a trusted third party.
The rapid growth of Ethereum and smart contract blockchains generally calls for well …

Transaction fee markets are essential components of blockchain economies, as they resolve
the inherent scarcity in the number of transactions that can be added to each block. In early …

The incentive-compatibility properties of blockchain transaction fee mechanisms have been
investigated with* passive* block producers that are motivated purely by the net rewards …

Transaction fee mechanism design is a new decentralized mechanism design problem
where users bid for space on the blockchain. Several recent works showed that the …

Bitcoin users compete with one another over the timing of the settlement of their on-[block]
chain transactions. Earlier settlement is valuable. Bitcoin users can accelerate the …

Blockchain systems come with the promise of being inclusive for a variety of decentralized
applications (DApps) that can serve different purposes and have different urgency …

Public blockchains implement a fee mechanism to allocate scarce computational resources
across competing transactions. Most existing fee market designs utilize a joint, fungible unit …

We study a mechanism design problem in the blockchain proof-of-stake (PoS) protocol. Our
main objective is to extend the transaction fee mechanism (TFM) recently proposed in …