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Multiple Proposer Transaction Fee Mechanism Design: Robust Incentives Against Censorship and Bribery

Announce Type: replace Abstract: Transaction Fee Mechanism (TFM) design in blockchain protocols has gained significant attention following the pioneering work of Roughgarden [EC' 21], which established a formal framework for analyzing user and block proposer incentives under various Transaction Fee Mechanisms, including Ethereum's current fee mechanism EIP-1559. However, the original TFM framework and follow-up TFM works overlook the critical challenge of censorship resistance-specifically...

arXiv CS 8d ago