{"id":"https://openalex.org/W4384009664","doi":"https://doi.org/10.1109/icbc56567.2023.10174974","title":"Farsighted Miners under Transaction Fee Mechanism EIP1559","display_name":"Farsighted Miners under Transaction Fee Mechanism EIP1559","publication_year":2023,"publication_date":"2023-05-01","ids":{"openalex":"https://openalex.org/W4384009664","doi":"https://doi.org/10.1109/icbc56567.2023.10174974"},"language":"en","primary_location":{"id":"doi:10.1109/icbc56567.2023.10174974","is_oa":false,"landing_page_url":"http://dx.doi.org/10.1109/icbc56567.2023.10174974","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2023 IEEE International Conference on Blockchain and Cryptocurrency (ICBC)","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://www.econstor.eu/bitstream/10419/266990/1/IFRO-WP2022-04update.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5043857512","display_name":"Jens Leth Hougaard","orcid":"https://orcid.org/0000-0002-2910-5741"},"institutions":[{"id":"https://openalex.org/I124055696","display_name":"University of Copenhagen","ror":"https://ror.org/035b05819","country_code":"DK","type":"education","lineage":["https://openalex.org/I124055696"]}],"countries":["DK"],"is_corresponding":true,"raw_author_name":"Jens Leth Hougaard","raw_affiliation_strings":["University of Copenhagen,Copenhagen,Denmark","University of Copenhagen, Copenhagen, Denmark"],"affiliations":[{"raw_affiliation_string":"University of Copenhagen,Copenhagen,Denmark","institution_ids":["https://openalex.org/I124055696"]},{"raw_affiliation_string":"University of Copenhagen, Copenhagen, Denmark","institution_ids":["https://openalex.org/I124055696"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5072227803","display_name":"Mohsen Pourpouneh","orcid":"https://orcid.org/0000-0003-1201-5835"},"institutions":[{"id":"https://openalex.org/I124055696","display_name":"University of Copenhagen","ror":"https://ror.org/035b05819","country_code":"DK","type":"education","lineage":["https://openalex.org/I124055696"]},{"id":"https://openalex.org/I40120149","display_name":"University of Oxford","ror":"https://ror.org/052gg0110","country_code":"GB","type":"education","lineage":["https://openalex.org/I40120149"]}],"countries":["DK","GB"],"is_corresponding":false,"raw_author_name":"Mohsen Pourpouneh","raw_affiliation_strings":["University of Copenhagen,Copenhagen,Denmark","Department of Computer Science, University of Oxford, Oxford, United Kingdom","University of Copenhagen, Copenhagen, Denmark"],"affiliations":[{"raw_affiliation_string":"University of Copenhagen,Copenhagen,Denmark","institution_ids":["https://openalex.org/I124055696"]},{"raw_affiliation_string":"Department of Computer Science, University of Oxford, Oxford, United Kingdom","institution_ids":["https://openalex.org/I40120149"]},{"raw_affiliation_string":"University of Copenhagen, Copenhagen, Denmark","institution_ids":["https://openalex.org/I124055696"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5043857512"],"corresponding_institution_ids":["https://openalex.org/I124055696"],"apc_list":null,"apc_paid":null,"fwci":1.756,"has_fulltext":true,"cited_by_count":7,"citation_normalized_percentile":{"value":0.85501163,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":99},"biblio":{"volume":null,"issue":null,"first_page":"1","last_page":"9"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9983000159263611,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9983000159263611,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.998199999332428,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11478","display_name":"Caching and Content Delivery","score":0.9927999973297119,"subfield":{"id":"https://openalex.org/subfields/1705","display_name":"Computer Networks and Communications"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/futures-studies","display_name":"Futures studies","score":0.8397311568260193},{"id":"https://openalex.org/keywords/block","display_name":"Block (permutation group theory)","score":0.7185492515563965},{"id":"https://openalex.org/keywords/database-transaction","display_name":"Database transaction","score":0.6152176856994629},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.586473822593689},{"id":"https://openalex.org/keywords/focus","display_name":"Focus (optics)","score":0.5283135771751404},{"id":"https://openalex.org/keywords/mechanism","display_name":"Mechanism (biology)","score":0.5222497582435608},{"id":"https://openalex.org/keywords/throughput","display_name":"Throughput","score":0.45939135551452637},{"id":"https://openalex.org/keywords/hash-function","display_name":"Hash function","score":0.44493547081947327},{"id":"https://openalex.org/keywords/power","display_name":"Power (physics)","score":0.4440750181674957},{"id":"https://openalex.org/keywords/data-science","display_name":"Data science","score":0.32943636178970337},{"id":"https://openalex.org/keywords/computer-security","display_name":"Computer security","score":0.2916635274887085},{"id":"https://openalex.org/keywords/artificial-intelligence","display_name":"Artificial intelligence","score":0.19808098673820496},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.1330084502696991},{"id":"https://openalex.org/keywords/database","display_name":"Database","score":0.12494251132011414},{"id":"https://openalex.org/keywords/telecommunications","display_name":"Telecommunications","score":0.07687562704086304}],"concepts":[{"id":"https://openalex.org/C64848388","wikidata":"https://www.wikidata.org/wiki/Q188867","display_name":"Futures studies","level":2,"score":0.8397311568260193},{"id":"https://openalex.org/C2777210771","wikidata":"https://www.wikidata.org/wiki/Q4927124","display_name":"Block (permutation group theory)","level":2,"score":0.7185492515563965},{"id":"https://openalex.org/C75949130","wikidata":"https://www.wikidata.org/wiki/Q848010","display_name":"Database transaction","level":2,"score":0.6152176856994629},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.586473822593689},{"id":"https://openalex.org/C192209626","wikidata":"https://www.wikidata.org/wiki/Q190909","display_name":"Focus (optics)","level":2,"score":0.5283135771751404},{"id":"https://openalex.org/C89611455","wikidata":"https://www.wikidata.org/wiki/Q6804646","display_name":"Mechanism (biology)","level":2,"score":0.5222497582435608},{"id":"https://openalex.org/C157764524","wikidata":"https://www.wikidata.org/wiki/Q1383412","display_name":"Throughput","level":3,"score":0.45939135551452637},{"id":"https://openalex.org/C99138194","wikidata":"https://www.wikidata.org/wiki/Q183427","display_name":"Hash function","level":2,"score":0.44493547081947327},{"id":"https://openalex.org/C163258240","wikidata":"https://www.wikidata.org/wiki/Q25342","display_name":"Power (physics)","level":2,"score":0.4440750181674957},{"id":"https://openalex.org/C2522767166","wikidata":"https://www.wikidata.org/wiki/Q2374463","display_name":"Data science","level":1,"score":0.32943636178970337},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.2916635274887085},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.19808098673820496},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.1330084502696991},{"id":"https://openalex.org/C77088390","wikidata":"https://www.wikidata.org/wiki/Q8513","display_name":"Database","level":1,"score":0.12494251132011414},{"id":"https://openalex.org/C76155785","wikidata":"https://www.wikidata.org/wiki/Q418","display_name":"Telecommunications","level":1,"score":0.07687562704086304},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C555944384","wikidata":"https://www.wikidata.org/wiki/Q249","display_name":"Wireless","level":2,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C120665830","wikidata":"https://www.wikidata.org/wiki/Q14620","display_name":"Optics","level":1,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":6,"locations":[{"id":"doi:10.1109/icbc56567.2023.10174974","is_oa":false,"landing_page_url":"http://dx.doi.org/10.1109/icbc56567.2023.10174974","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2023 IEEE International Conference on Blockchain and Cryptocurrency (ICBC)","raw_type":"proceedings-article"},{"id":"pmh:oai:econstor.eu:10419/266990","is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/266990","pdf_url":"https://www.econstor.eu/bitstream/10419/266990/1/IFRO-WP2022-04update.pdf","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},{"id":"pmh:oai:RePEc:foi:wpaper:2022_04","is_oa":false,"landing_page_url":null,"pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:econstor.eu:10419/262291","is_oa":false,"landing_page_url":"http://hdl.handle.net/10419/262291","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},{"id":"pmh:oai:pure.atira.dk:openaire_cris_publications/2dcfaacd-a718-4df6-b43e-12a7697b53e7","is_oa":false,"landing_page_url":"https://researchprofiles.ku.dk/da/publications/2dcfaacd-a718-4df6-b43e-12a7697b53e7","pdf_url":null,"source":{"id":"https://openalex.org/S4306401983","display_name":"Research at the University of Copenhagen (University of Copenhagen)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I124055696","host_organization_name":"University of Copenhagen","host_organization_lineage":["https://openalex.org/I124055696"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Hougaard , J L & Pourpouneh , M 2023 , Farsighted Miners under Transaction Fee Mechanism EIP1559 . in 2023 IEEE International Conference on Blockchain and Cryptocurrency (ICBC) . 2023 IEEE International Conference on Blockchain and Cryptocurrency (ICBC) , Dubai , United Arab Emirates , 01/05/2023 . https://doi.org/10.1109/ICBC56567.2023.10174974","raw_type":"contributionToPeriodical"},{"id":"pmh:oai:pure.atira.dk:openaire_cris_publications/97587c1f-9e0f-4b92-bbb3-c45005a43ec6","is_oa":true,"landing_page_url":"https://researchprofiles.ku.dk/da/publications/97587c1f-9e0f-4b92-bbb3-c45005a43ec6","pdf_url":null,"source":{"id":"https://openalex.org/S4306401983","display_name":"Research at the University of Copenhagen (University of Copenhagen)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I124055696","host_organization_name":"University of Copenhagen","host_organization_lineage":["https://openalex.org/I124055696"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Hougaard , J L & Pourpouneh , M 2022 ' Farsighted Miners under Transaction Fee Mechanism EIP1559 ' IFRO Working Paper , no. 2022/04 , Department of Food and Resource Economics, University of Copenhagen .","raw_type":"workingPaper"}],"best_oa_location":{"id":"pmh:oai:econstor.eu:10419/266990","is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/266990","pdf_url":"https://www.econstor.eu/bitstream/10419/266990/1/IFRO-WP2022-04update.pdf","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G5555546399","display_name":null,"funder_award_id":"CF18-1112","funder_id":"https://openalex.org/F4320321504","funder_display_name":"Carlsbergfondet"}],"funders":[{"id":"https://openalex.org/F4320321504","display_name":"Carlsbergfondet","ror":"https://ror.org/01kpjmx04"}],"has_content":{"grobid_xml":false,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4384009664.pdf"},"referenced_works_count":13,"referenced_works":["https://openalex.org/W2129382593","https://openalex.org/W3183659257","https://openalex.org/W3212933417","https://openalex.org/W3213799057","https://openalex.org/W3215447562","https://openalex.org/W3216317686","https://openalex.org/W4221147467","https://openalex.org/W4225714529","https://openalex.org/W4287584291","https://openalex.org/W4300694379","https://openalex.org/W4384009664","https://openalex.org/W6786340660","https://openalex.org/W6854674868"],"related_works":["https://openalex.org/W4390453990","https://openalex.org/W2370236282","https://openalex.org/W3156023083","https://openalex.org/W2292601982","https://openalex.org/W3164313706","https://openalex.org/W1995047307","https://openalex.org/W2118564637","https://openalex.org/W4388907197","https://openalex.org/W2046413193","https://openalex.org/W2534881938"],"abstract_inverted_index":{"We":[0,38,81],"investigate":[1],"the":[2,8,26,35,52,89,99,128,134],"recent":[3],"fee":[4],"mechanism":[5],"EIP1559":[6],"of":[7,28,47,54,60,91,107,130],"Ethereum":[9],"network.":[10],"Whereas":[11],"previous":[12],"studies":[13],"have":[14,72],"focused":[15],"on":[16,22],"myopic":[17,152],"miners,":[18],"we":[19],"here":[20],"focus":[21],"strategic":[23,79,131],"miners":[24,29,132],"in":[25,51,136],"sense":[27],"being":[30,116],"able":[31,117],"to":[32,76,87,118,147,151],"reason":[33,119],"about":[34],"future":[36],"blocks.":[37],"derive":[39],"expressions":[40],"for":[41,104],"optimal":[42],"miner":[43],"behavior":[44],"(in":[45],"terms":[46],"setting":[48],"block":[49,137],"sizes)":[50],"case":[53],"2-block":[55,93],"foresight":[56],"and":[57,94,139],"varying":[58],"degrees":[59],"hashing":[61,74,108],"power.":[62],"Results":[63],"indicate":[64],"that":[65,103],"a":[66,84],"sufficiently":[67],"large":[68],"mining":[69,110],"pool":[70],"will":[71],"enough":[73],"power":[75],"gain":[77,114],"by":[78],"foresight.":[80,96],"further":[82],"use":[83],"simulation":[85,100],"study":[86,101],"examine":[88],"impact":[90],"both":[92],"3-block":[95],"In":[97],"particular,":[98],"indicates":[102],"realistic":[105],"levels":[106],"power,":[109],"pools":[111],"do":[112],"not":[113],"from":[115],"more":[120],"than":[121],"2":[122],"blocks":[123],"ahead.":[124],"Moreover,":[125],"even":[126],"though":[127],"presence":[129],"increase":[133,148],"variation":[135],"sizes":[138],"potentially":[140],"empty":[141],"blocks,":[142],"overall":[143],"system":[144],"throughput":[145],"tend":[146],"slightly":[149],"compared":[150],"mining.":[153]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":2}],"updated_date":"2026-04-05T17:49:38.594831","created_date":"2025-10-10T00:00:00"}
