基于委员会的区块链:机会主义玩家与对手之间的博弈

Committee-Based Blockchains as Games between Opportunistic Players and Adversaries

Review of Financial Studies · 2023
被引 19
人大 AFT50UTD24ABS 4*

中文导读

研究了权益证明区块链中委员会共识的博弈模型,发现当惩罚有限时,搭便车和道德风险会导致无效区块,并提出了一个能产生有效区块的协议改进方案。

Abstract

Abstract We study consensus in a protocol capturing in a simplified manner the major features of the majority of Proof of Stake blockchains. A committee is formed; one member proposes a block; and the others can check its validity and vote for it. Blocks with a majority of votes are produced. When an invalid block is produced, the stakes of the members who voted for it are “slashed.” Profit-maximizing members interact with adversaries seeking to disrupt consensus. When slashing is limited, free-riding and moral-hazard lead to invalid blocks in equilibrium. We propose a protocol modification producing only valid blocks in equilibrium. Authors have furnished an Internet Appendix, which is available on the Oxford University Press Web site next to the link to the final published paper online.

委员会区块链权益证明共识机制博弈论