  Proof-of-work blockchains need to be carefully designed so as to create the
proper incentives for miners to faithfully maintain the network in a
sustainable way. This paper describes how the economic engineering of the
Conflux Network, a high throughput proof-of-work blockchain, leads to sound
economic incentives that support desirable and sustainable mining behavior. In
detail, this paper parameterizes the level of income, and thus network
security, that Conflux can generate, and it describes how this depends on user
behavior and "policy variables'' such as block and interest inflation. It also
discusses how the underlying economic engineering design makes the Conflux
Network resilient against double spending and selfish mining attacks.
