3 papers
cs.CE2026
A Model and Estimation of the Bitcoin Transaction Fee
Daniel Aronoff, Kristian Praizner, Armin Sabouri
Bitcoin transaction fees will become more important as the block subsidy declines, but fee formation is hard to study with blockchain data alone because the relevant queueing envir…
econ.GN2026
The Hidden Plumbing of Stablecoins: Financial and Technological Risks in the GENIUS Act Era
Daniel Aronoff, F. Christopher Calabia, Anders Brownworth +2
U.S. dollar stablecoins are increasingly used as payment and settlement instruments beyond cryptocurrency markets. With the enactment of the GENIUS Act in 2025, the United States e…
cs.CR2025
Targeted Nakamoto: A Bitcoin Protocol to Balance Network Security and Carbon Emissions
Daniel Aronoff
In a Proof-of-Work blockchain such as Bitcoin mining hashrate is increasing in the block reward. An increase in hashrate reduces network vulnerability to attack (a reduction in sec…