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…

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 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…

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…

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…

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 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 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 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…

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 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.

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

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…

The paper derives the unique linear Kyle equilibrium and identifies a closed-form 'privacy subsidy'—the break-even fee—for cryptocurrency exchanges that use Gaussian noise to obscure order flow.

This paper introduces a novel denial-of-service attack targeting multi-round transaction simulation by exploiting inter-transaction dependencies within smart-contract state.

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 introduces Ark, a novel Bitcoin-compatible commit-chain that enables offchain transaction batching of virtual UTXOs (VTXOs) with a constant onchain footprint, solving scalability issues with…

The paper proposes BitSov, an eight-layer, Bitcoin-native architectural framework designed to build sovereign internet infrastructure by composing existing decentralized technologies.