Minotaur

Matthias Fitzi, Xuechao Wang, Sreeram Kannan, Aggelos Kiayias, Nikos Leonardos, Pramod Viswanath, Gerui Wang · Proceedings of the 2022 ACM SIGSAC Conference on Computer and Communications Security · 2022

Resource-based consensus is the backbone of permissionless distributed ledger systems. The security of such protocols relies fundamentally on the level of resources actively engaged in the system. The variety of different resources (and related proof protocols, some times referred to as PoX in the literature) raises the fundamental question whether it is possible to utilize many of them in tandem and build multi-resource consensus protocols. The challenge in combining different resources is to achieve fungibility between them, in the sense that security would hold as long as the cumulative adversarial power across all resources is bounded.

Read the paper · More papers on PaperTik