Transaction fee mechanism design

T Roughgarden - Journal of the ACM, 2024 - 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 …

Barriers to collusion-resistant transaction fee mechanisms

Y Gafni, A Yaish - Proceedings of the 25th ACM Conference on …, 2024 - dl.acm.org
To allocate transactions to blocks, cryptocurrencies use an auction-like transaction fee
mechanism (TFM). A conjecture of Roughgarden (2021) asks whether there is a TFM that is …

Network activity and ethereum gas prices

D Koutmos - Journal of Risk and Financial Management, 2023 - mdpi.com
This article explores the extent to which network activity can explain changes in Ethereum
transaction fees. Such fees are referred to as “gas prices” within the Ethereum blockchain …

Dissecting the eip-2930 optional access lists

L Heimbach, Q Kniep, Y Vonlanthen… - arXiv preprint arXiv …, 2023 - arxiv.org
Ethereum introduced Transaction Access Lists (TALs) in 2020 to optimize gas costs during
transaction execution. In this work, we present a comprehensive analysis of TALs in …

MStableChain: Towards Multi-Native Stablecoins in EVM-Compatible Blockchain for Stable Fee and Mass Adoption

M Li, B Gao, K Toyoda, Y Yang, J Samsudin… - arXiv preprint arXiv …, 2024 - arxiv.org
Traditional blockchain systems, such as Ethereum, typically rely on a\emph {single volatile
cryptocurrency for transaction fees}. This leads to fluctuating transaction fee prices and limits …

Optimal Gas Fee Minimization in DeFi: Enhancing Efficiency and Security on the Ethereum Blockchain

H Kim, D Kim - IEEE Access, 2024 - ieeexplore.ieee.org
This study presents a comprehensive framework for optimizing gas fees in decentralized
finance (DeFi) pools on the Ethereum blockchain, aimed at enhancing both transaction …

[HTML][HTML] Equilibrium and Efficiency in Decentralized Finance: A Game-Theoretic Analysis of DeFi Pools

H Kim, D Kim - J. Korean Inst. Inf. Technol, 2024 - ki-it.com
Abstract The integration of Decentralized Finance (DeFi) and blockchain technology heralds
a transformative shift in the financial landscape, promising unparalleled transparency …

Impact of EIP-4844 on Ethereum: Consensus Security, Ethereum Usage, Rollup Transaction Dynamics, and Blob Gas Fee Markets

S Park, B Mun, S Lee, W Jeong, J Lee, H Eom… - arXiv preprint arXiv …, 2024 - arxiv.org
On March 13, 2024, Ethereum implemented EIP-4844, designed to enhance its role as a
data availability layer. While this upgrade reduces data posting costs for rollups, it also …

Design and Usage of Transparency Enhancing Technologies

A Hicks - 2023 - discovery.ucl.ac.uk
As computer systems handle transactions and make decisions about our lives, the
opaqueness of such systems means that when faults occur, the negative impacts of these …

[PDF][PDF] On the Optimality of EIP-1559 for Patient Bidders (Draft–Comments Welcome)

M Babaioff, N Nisan - 2024 - cs.huji.ac.il
Abstract The “EIP-1599 algorithm” is used by the Ethereum blockchain to assemble
transactions into blocks. While prior work has studied it under the assumption that bidders …