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devcon 7 / beyond multidimensional fee markets

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Beyond Multidimensional Fee Markets

Duration: 00:25:48

Speaker: Maryam Bahrani

Type: Talk

Expertise: Expert

Event: Devcon

Date: Nov 2024

We study TFMs in the presence of heterogenous transactions and computational nodes. Our first set of results show that multidim fee markets (such as EIP-4844) fail to achieve good guarantees as heterogeneity increases. We complement this result by introducing the Broker Mechanism, which works in the fully heterogenous setting. This mechanism is suitable as a market for sharding computation, delegating computation to off-chain nodes (prover markets and coprocessors), and allocating preconfs.

Categories

Mechanism designEconomicsTransaction fees mechanismsmarketfeemultidimensional