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Incentives in Ethereum's Hybrid Casper Protocol
arXiv - CS - Computer Science and Game Theory Pub Date : 2019-03-11 , DOI: arxiv-1903.04205 Vitalik Buterin and Daniel Reijsbergen and Stefanos Leonardos and Georgios Piliouras
arXiv - CS - Computer Science and Game Theory Pub Date : 2019-03-11 , DOI: arxiv-1903.04205 Vitalik Buterin and Daniel Reijsbergen and Stefanos Leonardos and Georgios Piliouras
We present an overview of hybrid Casper the Friendly Finality Gadget (FFG): a
Proof-of-Stake checkpointing protocol overlaid onto Ethereum's Proof-of-Work
blockchain. We describe its core functionalities and reward scheme, and explore
its properties. Our findings indicate that Casper's implemented incentives
mechanism ensures liveness, while providing safety guarantees that improve over
standard Proof-of-Work protocols. Based on a minimal-impact implementation of
the protocol as a smart contract on the blockchain, we discuss additional
issues related to parametrisation, funding, throughput and network overhead and
detect potential limitations.
中文翻译:
以太坊混合 Casper 协议的激励措施
我们概述了混合 Casper the Friendly Finality Gadget (FFG):一种覆盖在以太坊工作量证明区块链上的权益证明检查点协议。我们描述了它的核心功能和奖励方案,并探索了它的特性。我们的研究结果表明,Casper 实施的激励机制确保了活跃度,同时提供了改进标准工作量证明协议的安全保证。基于该协议作为区块链上的智能合约的最小影响实现,我们讨论了与参数化、资金、吞吐量和网络开销相关的其他问题,并检测了潜在的限制。
更新日期:2020-03-24
中文翻译:
以太坊混合 Casper 协议的激励措施
我们概述了混合 Casper the Friendly Finality Gadget (FFG):一种覆盖在以太坊工作量证明区块链上的权益证明检查点协议。我们描述了它的核心功能和奖励方案,并探索了它的特性。我们的研究结果表明,Casper 实施的激励机制确保了活跃度,同时提供了改进标准工作量证明协议的安全保证。基于该协议作为区块链上的智能合约的最小影响实现,我们讨论了与参数化、资金、吞吐量和网络开销相关的其他问题,并检测了潜在的限制。