kaal:claim:3227967-036

The real design challenge for consensus protocols is to find a proof of stake protocol that offers both trust and security without unintentionally creating just another centralized validation system.

Source quote, verbatim

The students understood that the real challenge is to find a "proof of stake" protocol that offers both trust and security (without unintentionally creating just another centralized validation system).

From

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Legal Education in a Digital Age Why 'Coding for Lawyers' Matters (2018), IX. Coding for Lawyers, p. 31
https://ssrn.com/abstract=3227967 · source PDF

Cite as

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Legal Education in a Digital Age Why 'Coding for Lawyers' Matters (2018). SSRN: https://ssrn.com/abstract=3227967

Holds when

blockchain consensus protocol design

Classification

designsupport: arguedconsensus-and-securitydecentralizationblockchain

Related claims

supported_by kaal:claim:4796714-014 Proof of Stake consensus centralizes control in proportion to the quantity of tokens held, so governance built...
extended_by kaal:claim:3266953-020 The fungibility of the staked currency is the main point of attack against proof of stake and leads inevitably...

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