kaal:claim:3782216-006

Maintaining consensus without a central authority forces a reputation system to verify members' votes extremely redundantly, which imposes serious computational overhead.

In order to maintain consensus in a decentralized network, with no central authority to check in with, a reputational system needs to verify each others' votes extremely redundantly, which leads to serious overhead costs in computation.

Craig Calcaterra, Wulf A. Kaal, Decentralized Finance (DeFi) (2021), Banking and ZKRollups
https://ssrn.com/abstract=3782216 · source PDF

Craig Calcaterra, Wulf A. Kaal, Decentralized Finance (DeFi) (2021). SSRN: https://ssrn.com/abstract=3782216

• decentralized networks with no central authority

mechanismsupport: arguedreputationconsensus-and-securitydecentralization

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• Qualification: A Resilient Framework for Industry 5.0 WSNs: Enhancing Network Lifetime via a Lightweight Reputation Ledger and Hybrid AI