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 the potential market impact of a large, unknown Bitcoin holder (the Satoshi overhang) and concludes that the mechanical downside risk is bounded, suggesting the terminal states are…

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 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…

The paper proposes 'inertial mining,' a novel protocol that ensures miners follow the intended Bitcoin rules by making the protocol an economic equilibrium, thereby preventing profitable deviations li…

The paper demonstrates that the current per-token billing model for LLMs is susceptible to systematic overcharging because auditing frameworks must rely on evidence provided by the very companies that…

The paper demonstrates that the current per-token billing model for LLMs is susceptible to systematic inflation because auditing frameworks must rely on evidence provided by the service provider, crea…

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 analyzes and documents various double-dip reward abuse attacks that exploit flaws in how cashback and reward engines handle transaction refunds, proposing formal invariants and defensive alg…

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 study demonstrates that the publicly distributed firmware of ASIC cryptocurrency miners constitutes a primary and sufficient attack surface, allowing attackers to reconstruct internal architectur…

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…

The paper proposes Proof of Useful Attestation (PoUA), a consensus mechanism that weights validator vote power not just by staked capital, but also by a reputation score earned through performing vali…

This paper analyzes the Solana Rug Pull ecosystem by creating a large-scale, manually verified dataset of fraudulent tokens, identifying three key behavioral patterns, and characterizing the resulting…

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…

Intercloud proposes a decentralized economic network that achieves eventual consistency and security using a novel 'chilling-effect consensus' mechanism, eliminating the need for global coordination.

The paper introduces the quotient semivalue mechanism to provide fair data attribution that is resistant to contributors manipulating their reported identities by splitting or duplicating data.

This paper critically re-evaluates the use of Graph Neural Networks (GNNs) for Bitcoin fraud detection, demonstrating that under strict, leakage-free temporal evaluation, simple feature-only models si…

The paper proposes a novel structural invariant approach, derived from the economic constraints of fraud, that amplifies weak, low-precision signals into highly accurate fraud detections without requi…

This paper systematically identifies and demonstrates multiple session manipulation attacks against VPN connection tracking frameworks, revealing widespread vulnerabilities in popular VPN services.