2026 paper reading list

home / crypto paper reading 2026

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- Consensus
  + link. "Cadence: Extreme Pipelining with Multiple Concurrent Proposers" by Babel et al.
  + Geo-decentralization
    * link. "On the Geographic Incentives of Multiple Concurrent Proposers" by Babel et al.
    * link. "The Price of Decentralization in Block Building" by Öz et al.
  + Rationality and consensus
    * link. "BAR Nash Equilibrium and Application to Blockchain Design" by Reynouard et al.
    * link. "An economic model of consensus on distributed ledgers" by Halaburda et al.
    * link. "Rational Consensus" by Halpern and Vilaça
  + Timing games
    * link. "Designing Incentives for Responsive Consensus Protocols" by Kelkar et al.
    * link. "Time is Money: Strategic Timing Games in Proof-of-Stake Protocols" by Schwarz-Schilling et al.
  + Mining games
    * link. "Unruly by Design: Fee Volatility and Strategic Attacks in Bitcoin Mining" by Schär et al.

- MEV/block building/execution layer
  + link. "On Bitcoin and Red Balloons" by Babaioff et al.
  + PBS auctions
    * link. "Just-in-Time Resale in an Ahead-of-Time Auction for Faster Execution" by Öz et al.
    * link. "From Competition to Centralization: The Oligopoly in Ethereum Block Building Auctions" by Wu et al.
    * link. "Strategic Bidding Wars in On-chain Auctions" by Wu et al.
    * link. "Decentralization of Ethereum's Builder Market" by Yang et al.
    * link. "Competing Auctions in Intermediated Markets" by Mazorra et al.
    * link. "Becoming Immutable: How Ethereum is Made" by Canidio & Pahari      
    * link. "From PBS to ePBS: the Microstructure of Block Building" by Liu et al.
  + PropAMMs
    * link. "Active Liquidity On Chain: Evidence from PropAMMs Across Chains" by Solmaz et al.

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