From the 1 of 6 linked papers with an AI index.
6 papers
On Exercising Governance Power in Decentralized Autonomous Organizations
Vabuk Pahari, Balakrishnan Chandrasekaran, Johnnatan Messias +2
The paper examines how design choices in DAO governance contracts affect trust and transparency, identifies vulnerabilities, and discovers a new class of governance attacks in Ethe…
There Will Be Spam: Characterizing State-Invariant Transactions and Speculative MEV
Vabuk Pahari, Johnnatan Messias, Christof Ferreira Torres
Blockchains rely on transparency and immutability to ensure trust, but these guarantees come at the cost of an ever-growing ledger that increasingly threatens decentralization by m…
Becoming Immutable: How Ethereum is Made
Andrea Canidio, Vabuk Pahari
Blockchain's economic value lies in enabling financial and economic transactions without relying on trusted, centralized intermediaries. In practice, however, transactions pass thr…
On the Centralization of Governance Power in Decentralized Autonomous Organizations
Vabuk Pahari, Balakrishnan Chandrasekaran, Johnnatan Messias +2
A decentralized autonomous organization (DAO) is a governing entity that empowers its stakeholders (i.e., users who hold one or more of its tokens) to manage blockchain-based proto…
How Exclusive are Ethereum Transactions? Evidence from non-winning blocks
Vabuk Pahari, Andrea Canidio
We analyze 15,097 blocks proposed for inclusion in Ethereum's blockchain over an eight-minute window on December 3, 2024, during which 38 blocks were added to the chain. We classif…
Understanding Blockchain Governance: Analyzing Decentralized Voting to Amend DeFi Smart Contracts
Johnnatan Messias, Vabuk Pahari, Balakrishnan Chandrasekaran +2
Decentralized Autonomous Organizations (DAOs) have emerged as a novel governance mechanism in blockchain ecosystems, particularly within Decentralized Finance (DeFi). By enabling t…