The Secure Proof of Stake and Hybrid Secure Proof of Stake designs made the corresponding instrument choice — non-fungible reputation denomination and reputation-weighted rewards — without deriving the present envelope.
Source quote, verbatim
The author’s Secure Proof of Stake and Hybrid Secure Proof of Stake designs (Calcaterra and Kaal 2018b; Kaal 2021b, 2025) made the corresponding instrument choice, non-fungible reputation denomination and reputation- weighted rewards, without deriving the present envelope.
From
Wulf A. Kaal, Refundable Stake Does Not Expand Deterrent Capacity in Long-Lived Delegation: Collateral, Premia, and Pseudonymous Markets (2026), 6 The regime map and the capacity prediction, p. 9 https://ssrn.com/abstract=7322599 · source PDF
Cite as
Wulf A. Kaal, Refundable Stake Does Not Expand Deterrent Capacity in Long-Lived Delegation: Collateral, Premia, and Pseudonymous Markets (2026). SSRN: https://ssrn.com/abstract=7322599
Holds when
provenance of the design choice relative to this paper's result
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