Empirical analysis of eip-1559: Transaction fees, waiting times, and consensus security
A transaction fee mechanism (TFM) is an essential component of a blockchain protocol.
However, a systematic evaluation of the real-world impact of TFMs is still absent. Using rich …
However, a systematic evaluation of the real-world impact of TFMs is still absent. Using rich …
Transaction fee mechanism design
T Roughgarden - ACM SIGecom Exchanges, 2021 - dl.acm.org
Demand for blockchains such as Bitcoin and Ethereum is far larger than supply,
necessitating a mechanism that selects a subset of transactions to include" on-chain" from …
necessitating a mechanism that selects a subset of transactions to include" on-chain" from …
When blockchain meets auction: A comprehensive survey
Recent years have witnessed remarkable developments and increasingly deepened
integrations between blockchain as a decentralized computing architecture and auction as …
integrations between blockchain as a decentralized computing architecture and auction as …
[PDF][PDF] Inclusion and democratization through web3 and defi? initial evidence from the ethereum ecosystem
How financial technology impacts financial inclusion and democratic access to financial
services is central for policy discussions and applied research (World Bank Group, 2016; …
services is central for policy discussions and applied research (World Bank Group, 2016; …
[PDF][PDF] What can cryptography do for decentralized mechanism design
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 …
new decentralized mechanism design problem called transaction fee mechanism design …
Understand waiting time in transaction fee mechanism: An interdisciplinary perspective
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 …
The rapid growth of Ethereum and smart contract blockchains generally calls for well …
Optimality despite chaos in fee markets
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 inherent scarcity in the number of transactions that can be added to each block. In early …
Transaction fee mechanism design with active block producers
The incentive-compatibility properties of blockchain transaction fee mechanisms have been
investigated with* passive* block producers that are motivated purely by the net rewards …
investigated with* passive* block producers that are motivated purely by the net rewards …
The evolution of blockchain: from lit to dark
Transactions submitted through the blockchain peer-to-peer (P2P) network may leak out
exploitable information. We study the economic incentives behind the adoption of …
exploitable information. We study the economic incentives behind the adoption of …
Maximizing miner revenue in transaction fee mechanism design
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 …
where users bid for space on the blockchain. Several recent works showed that the …