kaal:claim:3606663-036

Consensus in decentralized systems presents a two sided cost problem: creating consensus raises the costs of prepping, processing, and storing information, while reducing the number of computational checks increases the risk of collusion attacks that could change the record.

Creating consensus requires increase costs of prepping, processing, and storing information.333 On the other hand, fewer computational checks for consensus increase the risk of collusion attacks that could change the record.

Kaal, Digital Asset Market Evolution (2020), d) DeFi Infrastructure Case Study, p. 72
https://ssrn.com/abstract=3606663 · source PDF

Kaal, Digital Asset Market Evolution (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3606663

• public distributed consensus systems
• information distributed to and validated by all parties

mechanismsupport: arguedfailure: consensus cost versus attack resistance tradeofffamily: scalability-and-throughput-limitconsensus-and-security

The quote above is an exact substring of the source PDF, whose sha256 is d1d4a15a293b715bb6a5a32e689f59c3a1587915039ba9a1cf4eeb8ee2a1e57c. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/a4b743f9d2e95d74...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3606663-036.md | sha256sum