all InfoSec news
Blockchain Price vs. Quantity Controls
May 2, 2024, 9:36 a.m. |
IACR News www.iacr.org
ePrint Report: Blockchain Price vs. Quantity Controls
Abdoulaye Ndiaye
This paper studies the optimal transaction fee mechanisms for blockchains, focusing on the distinction between price-based ($\mathcal{P}$) and quantity-based ($\mathcal{Q}$) controls. By analyzing factors such as demand uncertainty, validator costs, cryptocurrency price fluctuations, price elasticity of demand, and levels of decentralization, we establish criteria that determine the selection of transaction fee mechanisms. We present a model framed around a Nash bargaining game, exploring how blockchain designers and validators negotiate fee structures …
blockchain blockchains controls cryptocurrency decentralization demand eprint report fee report studies transaction uncertainty
More from www.iacr.org / IACR News
$\mathsf{FRAST}$: TFHE-friendly Cipher Based on Random S-boxes
2 days, 20 hours ago |
www.iacr.org
A Deniability Analysis of Signal's Initial Handshake PQXDH
2 days, 20 hours ago |
www.iacr.org
BGJ15 Revisited: Sieving with Streamed Memory Access
2 days, 20 hours ago |
www.iacr.org
Quantum Key-Revocable Dual-Regev Encryption, Revisited
2 days, 20 hours ago |
www.iacr.org
Jobs in InfoSec / Cybersecurity
Information Security Engineers
@ D. E. Shaw Research | New York City
Technology Security Analyst
@ Halton Region | Oakville, Ontario, Canada
Senior Cyber Security Analyst
@ Valley Water | San Jose, CA
Sr. Staff Firmware Engineer – Networking & Firewall
@ Axiado | Bengaluru, India
Compliance Architect / Product Security Sr. Engineer/Expert (f/m/d)
@ SAP | Walldorf, DE, 69190
SAP Security Administrator
@ FARO Technologies | EMEA-Portugal