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.
Who wins Ethereum block building auctions and why?
3 Pith papers cite this work. Polarity classification is still indexing.
3
Pith papers citing it
citation-role summary
background 1
citation-polarity summary
years
2026 3verdicts
UNVERDICTED 3roles
background 1polarities
background 1representative citing papers
Ledger-state stigmergy maps biological indirect coordination to blockchain ledgers via a state-transition formalism and three base patterns for on-chain agent coordination.
On Base, probabilistic search is 23% of arbitrage activity but causes 95% of spam and 20% of gas use; protocol changes shift revenue toward successful trades and reduce spam share.
citing papers explorer
-
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.
-
Ledger-State Stigmergy: A Formal Framework for Indirect Coordination Grounded in Distributed Ledger State
Ledger-state stigmergy maps biological indirect coordination to blockchain ledgers via a state-transition formalism and three base patterns for on-chain agent coordination.
-
To Wait or To Probe: Arbitrage Competition on High-Throughput Blockchains
On Base, probabilistic search is 23% of arbitrage activity but causes 95% of spam and 20% of gas use; protocol changes shift revenue toward successful trades and reduce spam share.