The article discusses various Transaction Fee Redistribution Mechanisms (TFMs), emphasizing the development of the R2-TFRM, which addresses miner manipulation while providing a strictly positive Redistribution Index. It leverages trusted on-chain randomness to ensure fairness and predictability in transaction fees. The research critiques current TFM models for assuming myopic behavior from users and highlights the importance of surplus redistribution. The goal is to enhance efficiency in transaction processes and mitigate the negative impact of payment volatility on users.
The R2-TFRM ensures robust and rational transaction fee redistribution while maintaining a strictly positive Redistribution Index despite potential miner manipulation.
By employing trusted on-chain randomness, R2-TFRM guarantees that miners cannot influence the rebate process, ensuring fairness in distribution.
#transaction-fee-redistribution #blockchain-efficiency #miner-manipulation #on-chain-randomness #cryptographic-protocols
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