Pith Number

pith:ZDZRCC7U

pith:2026:ZDZRCC7UANITZ2EERB7NPE4DY4

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Dynamic Transaction Scheduling and Pricing in the Ethereum Mempool

Fatemeh Fardno, S. Rasoul Etesami

Dynamic block pricing via an MDP stabilizes Ethereum mempool volume near target capacity and produces EIP-1559-like updates.

arxiv:2605.12794 v1 · 2026-05-12 · cs.GT · cs.CR · cs.DC · cs.NI · cs.SY · eess.SY

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\usepackage{pith}
\pithnumber{ZDZRCC7UANITZ2EERB7NPE4DY4}

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Record completeness

1 Bitcoin timestamp

2 Internet Archive

3 Author claim open · sign in to claim

4 Citations open

5 Replications open

✓ Portable graph bundle live · download bundle · merged state

The bundle contains the canonical record plus signed events. A mirror can host it anywhere and recompute the same current state with the deterministic merge algorithm.

Claims

C1strongest claim

Our results show that dynamic pricing stabilizes the mempool while maximizing long-run discounted reward. In particular, as the overshoot penalty increases, the average scheduled transaction volume converges to the target block capacity, and the resulting NPG updates closely resemble the EIP-1559 price update rule.

C2weakest assumption

The stochastic evolution of the mempool is fully captured by an MDP whose state is the current mempool configuration and whose objective correctly balances holding costs, overshoot penalties, and long-run discounted reward.

C3one line summary

Dynamic MDP pricing stabilizes Ethereum mempool volume, maximizes discounted reward, and recovers EIP-1559-like updates under high overshoot penalties.

References

14 extracted · 14 resolved · 0 Pith anchors

[1] Fatemeh Fardno and S 2013

[2] arXiv preprint arXiv:2402.08661(2024) 2024

[3] Moshe Babaioff and Noam Nisan 2026

[4] On the Optimality of EIP-1559 for Patient Bidders (Draft–Comments Welcome). (2024). Dimitri Bertsekas. 2012.Dynamic programming and optimal control: Volume I. Vol 2024

[5] https: //ethereum.org/en/whitepaper 2026

Receipt and verification

First computed	2026-05-18T03:09:12.844768Z
Builder	pith-number-builder-2026-05-17-v1
Signature	Pith Ed25519 (`pith-v1-2026-05`) · public key
Schema	pith-number/v1.0

Canonical hash

c8f3110bf403513ce884887ed79383c70ff84a4c2de94a1888724a04c53df91c

Aliases

arxiv: 2605.12794 · arxiv_version: 2605.12794v1 · doi: 10.48550/arxiv.2605.12794 · pith_short_12: ZDZRCC7UANIT · pith_short_16: ZDZRCC7UANITZ2EE · pith_short_8: ZDZRCC7U

Agent API

Resolver JSON Graph JSON Events JSON Schema Signing key

Verify this Pith Number yourself

curl -sH 'Accept: application/ld+json' https://pith.science/pith/ZDZRCC7UANITZ2EERB7NPE4DY4 \
  | jq -c '.canonical_record' \
  | python3 -c "import sys,json,hashlib; b=json.dumps(json.loads(sys.stdin.read()), sort_keys=True, separators=(',',':'), ensure_ascii=False).encode(); print(hashlib.sha256(b).hexdigest())"
# expect: c8f3110bf403513ce884887ed79383c70ff84a4c2de94a1888724a04c53df91c

Canonical record JSON

{
  "metadata": {
    "abstract_canon_sha256": "9836432d0a98b9e3fd3dfb8eb606ef98d86d1633d53c29ef0a76987da324396f",
    "cross_cats_sorted": [
      "cs.CR",
      "cs.DC",
      "cs.NI",
      "cs.SY",
      "eess.SY"
    ],
    "license": "http://creativecommons.org/licenses/by-nc-nd/4.0/",
    "primary_cat": "cs.GT",
    "submitted_at": "2026-05-12T22:20:29Z",
    "title_canon_sha256": "024ff549f80f96baa0dffda68c1a87fbbed2dce8207ad8b7d222d3a21fa83ed2"
  },
  "schema_version": "1.0",
  "source": {
    "id": "2605.12794",
    "kind": "arxiv",
    "version": 1
  }
}