Decentralized block building is an exact potential game with an asymptotically tight factor-2 Price of Anarchy and utility concentration bounds showing the lowest-utility builder earns at least half the highest.
19 Quentin Kniep, Max Resnick, Jakub Sliwinski, and Roger Wattenhofer
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The Price of Decentralization in Block Building
Decentralized block building is an exact potential game with an asymptotically tight factor-2 Price of Anarchy and utility concentration bounds showing the lowest-utility builder earns at least half the highest.