A Mechanism for Pricing Non-fungible Resources: Toward Multi-dimensional Fee Markets

Cryptoecon

Talk 3 — Flowers, Floor 3

260

A Mechanism for Pricing Non-fungible Resources: Toward Multi-dimensional Fee Markets

Talk

Advanced

Cryptoeconomics

Day 4Fri, Oct 1415:00 - 15:2525 Mins

Mark as interesting

Attend Session

Export to Calendar

Room Details

Description

We propose a new mechanism for multi-dimensional resource pricing in blockchains. Currently, many blockchain systems operate with either fixed transaction fees or fixed relative prices of different resources (e.g., compute, memory, storage). Our proposed mechanism prices resources independently and automatically in a way that maximizes some utility set by the protocol designer.

Recording

thumbnail

Visit the Devcon Archive to watch the recording.

Powered by Swarm & Etherna.