Blog

Oct 14, 2025

The Math Behind Blockchain Scheduling and Transaction Fee Mechanisms

This appendix details the mathematical proofs and performance analysis underlying a blockchain transaction fee mechanism. It compares the expected outcomes of algorithmic (ALG) versus adversarial (ADV) scheduling, defines key parameters like miner power, immediacy ratio, and discount factors, and provides a glossary of symbols and acronyms used throughout the paper. The section reinforces the theoretical foundation for non-myopic allocation rules and miner revenue optimization under Proof-of-Work (PoW) and Proof-of-Stake (PoS) models.

Source: HackerNoon →


Share

BTCBTC
$87,362.00
0.43%
ETHETH
$2,918.77
0.26%
USDTUSDT
$0.999
0.01%
BNBBNB
$838.76
0.18%
XRPXRP
$1.86
0.01%
USDCUSDC
$1.000
0.02%
SOLSOL
$121.72
0.02%
TRXTRX
$0.278
1.62%
STETHSTETH
$2,917.39
0.27%
DOGEDOGE
$0.127
0.37%
FIGR_HELOCFIGR_HELOC
$1.03
0.14%
ADAADA
$0.355
0.39%
WBTWBT
$56.48
0.29%
BCHBCH
$585.28
2.23%
WSTETHWSTETH
$3,570.06
0.21%
WBTCWBTC
$87,152.00
0.48%
WBETHWBETH
$3,174.50
0.18%
USDSUSDS
$1.000
0.15%
BSC-USDBSC-USD
$0.999
0.01%
WEETHWEETH
$3,166.49
0.18%