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| Type | Master's Thesis |
| Scope | Discipline-based scholarship |
| Title | Design and Implementation of a Fee Optimization Mechanism in Blockchain-based Payments for an Open Source Donation Platform |
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| Institution | University of Zurich |
| Faculty | Faculty of Business, Economics and Informatics |
| Date | 2021 |
| Abstract Text | Open Source Software (OSS) is widely prevalent these days. Most software contains integrated OSS to some extent. Nevertheless, many OSS projects are not pursued and maintained sufficiently due to the lack of funding. Although a significant number of donation platforms exist to support open-sourced projects, it is cumbersome for developers to keep up with receiving enough financial reassurance to sustain an OSS project. Flat-FeeStack is a project that aims to solve this problem by allowing sponsors to donate a flat fee and pay the developers transparently using a decentralized approach. However, previous research on such a donation platform showed that performing a payout with viable transaction fees is challenging. Hence, in this thesis, an improved design is proposed in comparison to related work and supported by the implementation of a Proof-of-Concept. The solution uses a signature mechanism in combination with a batched payout, preserving important properties such as transparency. Conducted evaluations on two different blockchains (i.e., Ethereum and Neo N3) show strong indications that on-chain fees can significantly be reduced. When high transparency is desired, the proposed approach decreases the payout fees on Ethereum on average by 76.5% up to 99%. Utilizing Neo N3, the fees can be reduced further by up to 99%. |
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