9 citations · 9 across the 5 of their papers we have counts for
5 papers
Market Inefficiency in Cryptoasset Markets
Joel Hasbrouck, Julian Ma, Fahad Saleh +1
We demonstrate market inefficiency in cryptoasset markets. Our approach examines investments that share a dominant risk factor but differ in their exposure to a secondary risk. We…
Commitment Attacks on Ethereum's Reward Mechanism
Roozbeh Sarenche, Ertem Nusret Tas, Barnabe Monnot +2
Validators in permissionless, large-scale blockchains, such as Ethereum, are typically payoff-maximizing, rational actors. Ethereum relies on in-protocol incentives, like rewards f…
Agent-Based Modelling of Ethereum Consensus
Benjamin Kraner, Nicolò Vallarano, Claudio J. Tessone +1
This paper presents a study of the Poof-of-Stake (PoW) Ethereum consensus protocol, following the recent switch from Proof-of-Work (PoS) to Proof-of-Stake within Merge upgrade. The…
Time is Money: Strategic Timing Games in Proof-of-Stake Protocols
Caspar Schwarz-Schilling, Fahad Saleh, Thomas Thiery +3
We propose a model suggesting that honest-but-rational consensus participants may play timing games, and strategically delay their block proposal to optimize MEV capture, while sti…
Three Attacks on Proof-of-Stake Ethereum
Caspar Schwarz-Schilling, Joachim Neu, Barnabé Monnot +3
Recently, two attacks were presented against Proof-of-Stake (PoS) Ethereum: one where short-range reorganizations of the underlying consensus chain are used to increase individual…