Transaction fee economics in the Ethereum blockchain

  title={Transaction fee economics in the Ethereum blockchain},
  author={Anil Donmez and Alexander Karaivanov},
  journal={Economic Inquiry},

An Event Study of the Ethereum Transition to Proof-of-Stake

The impact on the network and competing platforms in a short event window around the Beacon chain merge is studied, finding that the transition to PoS has reduced energy consumption by 99.98% and stablecoin transfer volumes rise on all three networks.

Ethereum Gas Price Prediction Using Facebook Prophet Model

The prediction of gas prices was conducted in this study using the Facebook prophet model in python programming language with the aim to narrow the gap between the current unexpected gas fee price and the ability of predicting the future gas fee.

Black-Box for Blockchain Parameters Adjustment

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Security Enhancement in Smart Logistics with Blockchain Technology: A Home Delivery Use Case

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Containerized immutable maritime data sharing utilizing Distributed Ledger Technologies

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A Secured Blockchain-based Information-Centric Network

This study describes and develops a voting system based on a blockchain consensus algorithm to avoid a single point of failure during the verification process and applies the system using an Ethereum smart contract to verify the effectiveness of the proposed system.

Stablecoins: Survivorship, Transactions Costs and Exchange Microstructure

Five of the ten largest stablecoins are backed by fiat assets. Four hold digital assets; all ten are collateralized. Seven of the ten are on the Ethereum network. Failure rates of stablecoin projects



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This paper investigates whether Tether, a digital currency pegged to the U.S. dollar, influenced Bitcoin and other cryptocurrency prices during the 2017 boom. Using algorithms to analyze blockchain

Sex, Drugs, and Bitcoin: How Much Illegal Activity Is Financed Through Cryptocurrencies?

It is estimated that around $76 billion of illegal activity per year involves bitcoin (46% of bitcoin transactions), which is close to the scale of the US and European markets for illegal drugs.

Datestamping the Bitcoin and Ethereum Bubbles

We examine the existence and dates of pricing bubbles in Bitcoin and Ethereum, two popular cryptocurrencies using the (Phillips et al., 2011) methodology. In contrast to previous papers, we examine

A Proof for the Queuing Formula: L = λW

In a queuing process, let 1/λ be the mean time between the arrivals of two consecutive units, L be the mean number of units in the system, and W be the mean time spent by a unit in the system. It is

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A more general framework of block-structured Markov processes in the queueing study of blockchain systems, which can provide analysis both for the stationary performance measures and for the sojourn time of any transaction or block is developed.

The economics of BitCoin price formation

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Abstract We investigate the role that transaction fees play in the bitcoin blockchain's evolution from a mining-based structure to a market-based ecology. We develop a game-theoretic model to explain

Instrumental Variables Regression with Weak Instruments

This paper develops asymptotic distribution theory for instrumental variable regression when the partial correlation between the instruments and a single included endogenous variable is weak, here

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Ethereum, the second-largest cryptocurrency valued at a peak of $138 billion in 2018, is a decentralized, Turing-complete computing platform. Although the stability and security of Ethereum---and