Recent & Upcoming Talks

In this session, we discussed how and to what extent L2 blockchains inherit security guarantees from L1 blockchains and what new security risks arise with L2 technology.

On most L2 platforms, the transaction fees users pay consist of a fee for the verification of their transaction on the L2 network and a fee to publish its proof on the L1 network. Since the L1 fees depend on congestion at the time the proof of an L2 transaction bundle is published on the L1, L2 platforms can generate profits if the fees they charge surpass their operational costs and the L1 fees they pay. In this session, we discussed under what circumstances an L2 platform can establish a viable business model.

In this session, we discussed different L2 architectures and how these various designs aim to address the scaling problem of L1. We particularly focused on factors contributing to efficiency gains (such as reduced decentralization, transaction bundling, decreased congestion, and off-chain computation) and how these measures will impact transaction fees and the long-term stability of the platforms.

This paper proposes a new transaction fee mechanism for blockchain platforms like Ethereum. This paper is presented by Prof. Abdoulaye Ndiaye (NYU)

This paper investiagtes the impact of regulatory compliance on the liquidity of cryptocurrencies. This paper is presented by Prof. Mariia Petryk (GMU)

This paper delves into the underexplored realm of decentralized platforms, such as blockchains, contrasting them with centralized counterparts in terms of their impact on innovation dynamics. It uncovers how transaction validators and platform design intricacies shape generativity and network effects, enriching our comprehension of developer engagement and network dynamics in decentralized environments. This paper is presented by Prof. Aija Leiponen (Cornell)