MEV-ACE introduces a fair ordering protocol that mitigates proposer-controlled MEV by combining authenticated economic identities, auditable commit/open messages, and verifiable delay randomness to en…

The paper analyzes Ethereum builder transactions to show that builder centralization is an emergent property of the Proposer-Builder Separation (PBS) architecture, driven by specific order flow and ME…

The paper investigates speculative Oracle Extractable Value (OEV) on Layer-2 blockchains, demonstrating that predictable latency differences in cross-chain oracle updates allow for profitable cross-ch…

The paper proposes replacing individual agent autonomy with a structured 'social contract' and institutional Separation of Power (SoP) to mitigate systemic failures and deceptive behavior in multi-age…

The paper analyzes arbitrage competition on high-throughput blockchains, finding that while probabilistic search accounts for a small fraction of activity, it is disproportionately responsible for spa…

The paper analyzes transaction selection strategies in DAG-based distributed ledgers using game theory, finding that Collaborative Fee Sharing (CFS) achieves superior performance compared to Random Fe…

This paper models transaction fee dynamics on blockchains by treating the transaction queue as a priority queue, providing analytical insights into how user delay costs influence fees.

The paper proves that any voting rule based solely on wallet balance, including anti-plutocratic mechanisms like Quadratic Voting, is fundamentally vulnerable to Sybil attacks on permissionless blockc…

This paper analyzes the x402 payment protocol, revealing systemic vulnerabilities in state synchronization and signature design that allow attackers to exploit payment systems for resource leakage in…

This paper analyzes the x402 payment protocol, revealing critical synchronization and security flaws that allow attackers to exploit payment systems and force merchants to subsidize compute costs.

This paper analyzes the conditions under which Bitcoin's security might fail due to miners deviating from honest mining when block rewards decline to zero, concluding that protocol mechanisms can miti…

The paper analyzes transaction fee mechanisms in modern blockchains that use parallel execution and contingency, proving an inherent trade-off between minimizing risks for users and maximizing revenue…

The paper proves that standard account-based ledgers cannot non-custodially enforce asset disposition, and introduces a novel commitment-based ledger structure, the 'envelope,' that achieves this capa…

This paper models Ethereum's mempool as a dynamic scheduling problem using an MDP, showing that dynamic pricing stabilizes the system and maximizes long-run rewards, and that the optimal policy conver…

The paper analyzes the trade-offs in designing Automated Market Makers (AMMs) and proves a 'trilemma' theorem showing that it is impossible to simultaneously achieve incentive compatibility (IC), weak…

This paper analyzes 48 large, active DAOs on Ethereum and finds that common governance mechanisms like token registration, staking, and delegation systematically reinforce the centralization of voting…

The paper demonstrates that current transfer-based AML systems fail in complex DeFi environments because economic value migration can be structurally decoupled from explicit token transfers.

The paper reveals that predictable nonce reuse by Polygon MEV searchers creates a critical vulnerability in ECDSA signatures, allowing passive attackers to recover private keys using linear algebra.

The paper characterizes the incentive conditions necessary for decentralized micropayment systems to offer credit limits that exceed full collateralization while remaining incentive compatible.

The paper introduces Deniable Covert Asset Transfer (DCAT), a method that stages asset transfers to appear as ordinary, loss-producing DeFi activities, achieving empirical unobservability on major blo…