2 papers
cs.GT2025
Mechanism Design for Automated Market Makers
T-H. Hubert Chan, Ke Wu, Elaine Shi
Blockchains have popularized automated market makers (AMMs). An AMM exchange is an application running on a blockchain which maintains a pool of crypto-assets and automatically tra…
cs.CR2025
Fully-Fluctuating Participation in Sleepy Consensus
Yuval Efron, Joachim Neu, Toniann Pitassi
Proof-of-work allows Bitcoin to boast security amidst arbitrary fluctuations in participation of miners throughout time, so long as, at any point in time, a majority of hash power…