StableFees: A Predictable Fee Market for Cryptocurrencies
References
- (2018) Credible mechanisms. Tardos E, ed. Proc. ACM Conf. on Econom. and Comput. (ACM, New York), 371–371.Google Scholar
- (2021) Pitfalls of bitcoin’s proof-of-work: R&D arms race and mining centralization. Preprint, submitted June 17, http://dx.doi.org/10.2139/ssrn.3273982.Google Scholar
- (2017) Footprints on a blockchain: Trading and information leakage in distributed ledgers. J. Trading 12(3):5–13.Crossref, Google Scholar
- (2020) Channel auctions. Management Sci. 66(5):2071–2082.Google Scholar
- (2021) When cryptomining comes to town: High energy-use spillovers to the local economy. Preprint, submitted May 15, https://dx.doi.org/10.2139/ssrn.3779720.Google Scholar
- (2019) The blockchain folk theorem. Rev. Financial Stud. 32(5):1662–1715.Google Scholar
- BitInfoCharts (2021) Bitcoin avg. transaction fee historical chart. Accessed May 11, 2021, https://bitinfocharts.com/comparison/bitcoin-transactionfees.html.Google Scholar
- (2015) Bitcoin: Economics, technology, and governance. J. Econom. Perspective 29(2):213–238.Crossref, Google Scholar
- (2018) Blockchain resource pricing. Accessed February 10, 2019, https://ethresear.ch/uploads/default/original/2X/1/197884012ada193318b67c4b777441e4a1830f49.pdf.Google Scholar
- (2016) On the instability of bitcoin without the block reward. Proc. ACM SIGSAC Conf. on Comput. and Comm. Security (ACM, New York), 154–167.Google Scholar
- (2021) A brief introduction to blockchain economics. Information for Efficient Decision Making: Big Data, Blockchain and Relevance (World Scientific Publishing Company, Singapore), 1–40.Google Scholar
- (2021) Decentralized mining in centralized pools. Rev. Financial Stud. 34(3):1191–1235.Google Scholar
- (2016) On scaling decentralized blockchains. Proc. Internat. Conf. on Financial Cryptography and Data Security (Springer, Berlin), 106–125.Google Scholar
- (2010) Networks, Crowds, and Markets: Reasoning About a Highly Connected World (Cambridge University Press, New York).Crossref, Google Scholar
- (2019) From mining to markets: The evolution of bitcoin transaction fees. J. Financial Econom. 134(1):91–109.Crossref, Google Scholar
- (2007) Strategic bidder behavior in sponsored search auctions. Decis. Support Syst. 43(1):192–198.Crossref, Google Scholar
- (2014) Majority is not enough: Bitcoin mining is vulnerable. Proc. 18th Internat. Conf. of Financial Cryptography and Data Security (Springer, Berlin), 436–454.Google Scholar
- (2016) Can we predict the winner in a market with network Effects? Competition in cryptocurrency market. Games 7(3):1–21.Crossref, Google Scholar
- (2015) Some economics of private digital currency. Economic Analysis of the Digital Economy (University of Chicago Press, Chicago), 257–276.Crossref, Google Scholar
- (2020) Why fixed costs matter for proof-of-work based cryptocurrencies. Preprint, submitted May 13, https://dx.doi.org/10.2139/ssrn.3572400.Google Scholar
- (2018) Decentralization in bitcoin and Ethereum networks. Meiklejohn S, Sako K, eds. Financial Cryptography and Data Security, Lecture Notes in Computer Science, vol. 10957 (Springer, Berlin).Google Scholar
- (2021) Lightning network economics: Channels. Preprint, submitted May 6, https://dx.doi.org/10.2139/ssrn.3840374.Google Scholar
- (2016) Cryptofinance. Preprint, submitted January 16, https://dx.doi.org/10.2139/ssrn.2438299.Google Scholar
- (2014) The Bitcoin mining game. Preprint, submitted March 13, https://dx.doi.org/10.2139/ssrn.2407834.Google Scholar
- (2021) Monopoly without a monopolist: An economic analysis of the bitcoin payment system. Rev. Econom. Stud. 88(6):3011–3040.Crossref, Google Scholar
- (2021) Economic implications of scaling blockchains: Why the consensus protocol matters. Preprint, submitted February 25, https://dx.doi.org/10.2139/ssrn.3750467.Google Scholar
- (2017) Redesigning Bitcoin’s fee market. Preprint, submitted September 26, https://arxiv.org/abs/1709.08881.Google Scholar
- (2020) Miner collusion and the BitCoin protocol. Working paper, University of Calgary, Calgary, Alberta, Canada.Google Scholar
- (2017) Segregated witness. Retrieved June 2017, https://github.com/bitcoin/bips/blob/master/bip-0141.mediawiki.Google Scholar
- (2017) Market design with blockchain technology. Preprint, submitted July 27, https://dx.doi.org/10.2139/ssrn.2785626.Google Scholar
- (2008) On the lowest-winning-bid and highest-losing-bid auctions. J. Math. Econom. 44:1040–1048.Crossref, Google Scholar
- (1985) The economics of competitive bidding: A selective survey. Hurwicz L, Schmeidler D, Sonnenschein H, eds. Social Goals and Social Organization: Essays in Memory of Elisha Pazner (Cambridge University Press, Cambridge, UK), 261–292.Google Scholar
- (1981) Optimal auction design. Math. Oper. Res. 6(1):58–73.Link, Google Scholar
- (2018) Digital currencies, decentralized ledgers and the future of central banking. Research Handbook on Central Banking, chapter 22 (Edward Elgar Publishing, Cheltenham, UK). https://www.elgaronline.com/view/edcoll/9781784719210/9781784719210.00028.xml.Google Scholar
- (2011) Analysis of bitcoin pooled mining reward systems. Preprint, submitted December 21, https://arxiv.org/abs/1112.4980.Google Scholar
- (2020) Evolution of shares in a proof-of-stake cryptocurrency. Management Sci. 67(2):661–672.Google Scholar
- (2020) Transaction fee mechanism design for the ethereum blockchain: An economic analysis of EIP-1559. Working paper, Columbia University, New York.Google Scholar
- (2021) Transaction fee mechanism design. Working paper, Columbia University, New York.Google Scholar
- (2021) Path-dependence of EIP-1559 and the simulation of the resulting permanent loss. Accessed May 11, 2021, https://ethresear.ch/t/path-dependence-of-eip-1559-and-the-simulation-of-the-resulting-permanent-loss/8964.Google Scholar
- (2020) Token-weighted crowdsourcing, Management Sci. 66(9):3843–3859.Google Scholar
- (2014) The VCG auction in theory and practice. Amer. Econom. Rev. 104(5):442–445.Crossref, Google Scholar
- (1983) Multi-object auctions. Engelbrecht-Wiggans R, Shubik M, Stark RM, eds. Auctions, Bidding, and Contracting: Uses and Theory (New York University Press, New York), 165–191.Google Scholar
- (2018) An incentive analysis of some bitcoin fee designs. Preprint, submitted November 11, https://arxiv.org/abs/1811.02351.Google Scholar
- (2017) Corporate governance and blockchains. Rev. Finance 21(1):7–31.Crossref, Google Scholar

