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.

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.

The paper designs an optimal mechanism for soliciting expensive computational tasks in adversarial blockchain environments, showing that the loss of optimality scales logarithmically with the cost of…

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 proves that for resources with structural parallelizability (like divisibility and transferability), it is impossible to enforce a linear cost for concentrating influence, demonstrating that…

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 generalizes Unicity token ownership using programmable spending conditions called predicates, enabling trustless atomic swaps and smart-contract-like functionality executed off-chain.

This paper proposes a self-adaptive block creation process for blockchain systems that automatically optimizes configurations to reduce transaction latency by predicting performance based on workload…

The paper demonstrates that on public blockchains, the ability to dictate transaction order (ordering power) is the true source of sanctioning power, as block producers can extract value (SE-MEV) by p…

The paper proposes a hash-based commit-reveal alternative to minimize the infrastructural overhead associated with adopting large post-quantum signature schemes in blockchain transactions.

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…

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 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 introduces ClawCoin, a novel tokenized, compute-cost-indexed unit of account designed to solve the problem of non-transferable compute costs in decentralized AI agent economies.

This paper develops a formal economic framework to assess the security of VDF-based randomness beacons, demonstrating that many proposed delays are economically insecure due to rational, profit-motiva…

This empirical study of Pearl's cuPOW protocol demonstrates that the network's Proof-of-Useful-Work mechanism generates zero useful AI computation, instead causing economic harm and displacing legitim…

The paper introduces SuperPaymaster, an Asset-Oriented Abstraction (AOA) paymaster that eliminates the need for a centralized off-chain signer, thereby improving the decentralization and efficiency of…

The paper proposes using Trusted-Execution Environments (TEEs) to create a scalable, privacy-preserving system where authors can submit cryptographic proofs of correct research replication, thereby ad…