"Understanding the transaction prioritization norms helps transaction issuers set appropriate fees for their transactions, ensuring timely inclusion in blocks."
"The research audits the Bitcoin blockchain to uncover which transactions are favored by miners during inclusion, highlighting the dynamics of transaction ordering."
The article investigates transaction prioritization norms utilized by miners in blockchain environments, particularly focusing on Bitcoin. By exploring how miners select transactions for block inclusion, the study aims to empower transaction issuers to determine competitive fees. The implications of these norms on transaction execution outcomes are significant. Research questions center on the transactions transmitted through peer-to-peer networks and how transparency in prioritization can impact decentralized governance and scalability. The paper reflects on methodologies and concludes with insights on future work in transaction ordering and voting power distribution.
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