kaal:claim:3125827-012

No consensus protocol can guard against Byzantine faults when a single transaction is worth more than the promise of all future fees for the entire platform, because in that case a party can profitably bribe the whole node set to destroy the chain's own integrity.

Source quote, verbatim

No protocol can guard against Byzantine faults if a transaction is more valuable than the promise of all future fees for the entire platform; in this case a party could bribe the entire set of nodes (or 51%)

From

Craig Calcaterra, Wulf A. Kaal, Secure Proof of Stake Protocol (2018), 2.2 Soft attacks, p. 8
https://ssrn.com/abstract=3125827 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Secure Proof of Stake Protocol (2018). SSRN: https://ssrn.com/abstract=3125827

Holds when

a single transaction whose value exceeds the present value of all future platform fees

Classification

failuresupport: arguedfailure: transaction-value-exceeds-fee-basefamily: token-transferability-defectconsensus-and-security

Verify

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