kaal:claim:3125827-013

Altruism cannot be relied on in a decentralized anonymous system, so fees are ultimately crucial; the authors conclude that several blockchains with different fee structures must exist so that different transaction values can be given correspondingly different security.

Fees are crucial at some point, since we cannot rely on altruism in a decentralized, anonymous system in our selfish world. Therefore it seems necessary for there to exist several blockchains with different fee structures to guarantee different security for different

Craig Calcaterra, Wulf A. Kaal, Secure Proof of Stake Protocol (2018), 2.2 Soft attacks, p. 9
https://ssrn.com/abstract=3125827 · source PDF

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

• selfish participants in anonymous decentralized systems
• transactions of widely varying value

conditionsupport: arguedconsensus-and-security

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