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Why Your Auction Mechanism Might Be Vulnerable to Collusion

5 Aug 2025

Explore how auction mechanisms hold up under collusion, comparing SCP variants and OCA-proofness with concrete counterexamples and bidding strategies.

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How Bidding Rule Metadata Could Reinvent Blockchain Incentives

5 Aug 2025

Unlocking truth-telling in blockchain bidding rules—Theorem 8.2 proves you can stay truthful without changing outcomes.

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Static Revelation Principle for Transaction Fee Mechanisms

4 Aug 2025

How can blockchain bidding be made honest and collusion-proof? Enter the static revelation principle for transaction fee mechanisms.

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How to Circumvent Impossibility Theorems in Blockchain Mechanism Design

4 Aug 2025

How to bypass blockchain mechanism impossibilities using relaxed constraints, cryptography, and clever incentive models.

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UIC, MIC, and OCA Walk Into a Bar… and Break Mechanism Design

4 Aug 2025

A mathematical proof shows why no truthful mechanism can satisfy UIC, MIC, and OCA-proofness simultaneously in transaction fee markets.

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The Impossibility Theorem Behind Truthful Blockchain Bidding Mechanisms

3 Aug 2025

UIC, MIC, and Global SCP can’t all coexist in finite-block blockchain bidding mechanisms. This article shows why—with formal proofs to back it up.

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No Blockchain Auction Can Satisfy UIC, MIC, and Global SCP at Once

3 Aug 2025

No blockchain auction mechanism can satisfy UIC, MIC, and global SCP at once—this paper proves why, even with randomness.

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What Is a Transaction Fee Mechanism? Definitions, Incentives, and Strategies

3 Aug 2025

Explore the mechanics of blockchain transaction fees, miner incentives, fake bids, and how social welfare is calculated in decentralized systems.

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Why No Transaction Fee Mechanism Can Truly Be Collusion-Proof

3 Aug 2025

Your cheat sheet to understanding incentive-compatibility in transaction fee mechanisms—UIC, MIC, SCP, and the limits of truthfulness.