Summary Relay Mining Verifiable Multi-Tenant Distributed Rate Limiting arxiv.org
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One Line
Relay Mining allows decentralized rate limiting with probabilistic mechanisms and incentives, ensuring both reliability and performance.
Slides
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Key Points
- Relay Mining is a solution that uses probabilistic mechanisms and crypto-economic incentives for decentralized multi-tenant rate limiting.
- It enables multiple RPC service providers to handle network traffic from individual applications with costs, rewards, and fairness.
- The algorithm leverages Merkle Proofs but raises concerns about inefficiency and security.
- It ensures fair and permissionless distribution of work between applications and servicers without additional communication.
- Relay Mining is designed to efficiently handle a large number of RPC requests in decentralized networks and can account for Byzantine actors.
Summaries
17 word summary
Relay Mining enables decentralized multi-tenant rate limiting using probabilistic mechanisms and crypto-economic incentives, balancing reliability and performance.
42 word summary
Relay Mining is a solution that enables decentralized multi-tenant rate limiting by using probabilistic mechanisms and crypto-economic incentives to estimate RPC volume usage. It addresses the trade-offs between reliability and performance. The majority of each block in Relay Mining consists of Mer
332 word summary
Relay Mining is a solution that uses probabilistic mechanisms and crypto-economic incentives to estimate RPC volume usage and enable decentralized multi-tenant rate limiting. It allows multiple RPC service providers to concurrently handle network traffic from individual applications, with costs, rewards, and
This summary discusses the problem statement and motivation behind Relay Mining, an approach to decentralized and verifiable rate limiting and volume estimation of servicing RPC requests in a multi-tenant economy. The text highlights the importance of addressing the trade-offs among Reliability, Performance
The majority of each block in Relay Mining is composed of Merkle Proofs, leading to inefficiency and security concerns. The addition of new Applications and Services cannot be permissionless to avoid state bloat. Rate limiting algorithms can be categorized as Token Bucket
Relay Mining is a mechanism that ensures fair and permissionless distribution of work between an application and multiple servicers. It utilizes data stored on a distributed ledger to provide incentive-driven rate limiting for the application without requiring additional communication between servicers. The process
In the context of Relay Mining, a random branch must be requested since the tree is not complete and the set of all leaves is unknown. This is done by generating a random set of bits using on-chain data and finding the closest membership proof for an
Relay Mining is a novel algorithm designed to efficiently handle a large number of RPC requests in decentralized networks. It leverages crypto-economic incentives to enable multi-tenant rate limiting and can account for Byzantine actors. The algorithm performs best under high relay volumes
The document references various sources related to the topic of relay mining and verifiable multi-tenant distributed rate limiting. These sources include ethereum.org, which discusses maximal extractable value (MEV), and Fabio Wehb Ferrari, who mentions Ankr becoming
The document discusses the interaction and responsibilities of various protocol actors in the Pocket Network, with a focus on Relay Mining. The actors include Validators, Servicers, Watchers, Applications, and Portals. Applications pay for access to RPC services, while Serv