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Abdoulaye Ndiaye

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Case report Open access Aug 2026

Blockchain Fee Policies: Quantity- vs Price-Control Design Across Protocols

This paper develops an economic theory to explain the optimal choice of blockchain transaction fee policies, contrasting quantity controls (as in Bitcoin) and price controls (as in Ethereum). I model the blockchain as a decentralized platform where validators, possessing temporary monopoly power and facing uncertain op...

Abdoulaye Ndiaye · 0 citations

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