May 19, 2023, 1:10 a.m. | Daniel Olshansky, Ramiro Rodríguez Colmeiro

cs.CR updates on arXiv.org arxiv.org

Relay Mining presents a scalable solution employing probabilistic mechanisms
and crypto-economic incentives to estimate RPC volume usage, facilitating
decentralized multi-tenant rate limiting. Network traffic from individual
applications can be concurrently serviced by multiple RPC service providers,
with costs, rewards, and rate limiting governed by a native cryptocurrency on a
distributed ledger. Building upon established research in token bucket
algorithms and distributed rate-limiting penalty models, our approach harnesses
a feedback loop control mechanism to adjust the difficulty of mining relay
rewards, …

applications crypto cryptocurrency decentralized distributed distributed ledger economic incentives ledger mining multi-tenant network network traffic rate rate limiting relay rewards rpc service service providers solution traffic

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