1 citations · 1 across the 12 of their papers we have counts for
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The Price of Decentralization in Block Building
Burak Öz, Fei Wu, Luis Correia +3
Decentralized block building mechanisms replace the monopoly of a single proposer with multiple builders. However, their censorship-resistance and fair-access benefits depend not o…
Asymptotic Extinction in Large Coordination Games
Desmond Chan, Bart De Keijzer, Tobias Galla +2
We study the exploration-exploitation trade-off for large multiplayer coordination games where players strategise via Q-Learning, a common learning framework in multi-agent reinfor…
From Competition to Centralization: The Oligopoly in Ethereum Block Building Auctions
Fei Wu, Thomas Thiery, Stefanos Leonardos +1
Block production on the Ethereum blockchain has adopted an auction-based mechanism known as Proposer--Builder Separation (PBS), where validators outsource block creation to builder…
MEV Sharing with Dynamic Extraction Rates
Pedro Braga, Georgios Chionas, Piotr Krysta +3
Maximal Extractable Value (MEV) has emerged as a new frontier in the design of blockchain systems. In this paper, we propose making the MEV extraction rate as part of the protocol…
Strategic Bidding Wars in On-chain Auctions
Fei Wu, Thomas Thiery, Stefanos Leonardos +1
The Ethereum block-building process has changed significantly since the emergence of Proposer-Builder Separation. Validators access blocks through a marketplace, where block builde…
Coalitions & Voting Power in the Greek Parliament of 2012: A Case-Study
Constandina Koki, Stefanos Leonardos
We revisit the May and June 2012 Greek Parliamentary elections and the December 2014 Presidential election that was held by the June-elected Parliament. The three voting instances…