Any good research on failure dynamics? For example: tension between fixed and variable costs for mining produces periods where miners with low variable costs (electricity) control 51 %. As their hardware approaches its depreciation horizon, a shorting attack becomes profitable?

One million validators. A reminder that there is a proposal for tempering issuance, which would bring many benefits. It would be great to see more discussion within the community on the proposal, and I am available to answer any questions you may have. ethresear.ch/t/reward-curve…

New post on Uncrowdable Inclusion Lists! barnabe.eth soispoke.eth and I investigate what properties of inclusion lists ensure that they will be used for chain neutrality and what makes them so appealing for other use cases such as preconfirmations and PEPC. Link below!

Hmm

A new post on everything ePBS, slot auctions, execution tickets, attester-proposer separation, preconfirmations and even PEPC! I propose an alternative mechanism, 'APS-Burn', to execution tickets in order to achieve attester-proposer separation mirror.xyz/barnabe.eth/QJ…

This proof is misleading. Proof-of-stake issuance both covers for costs (implied by the integral of the supply curve) and provides a surplus (the rest). Please review my write-up. In addition, you did not account for tax effects on both cost and surplus. notes.ethereum.org/@anderselowsso…

There is a paradigm for the reward curve that I wanted to highlight: a reward curve with capped issuance.

It is similar to the reward curve with tempered issuance. I outline the baseline design in this post and will return with a longer write-up shortly. notes.ethereum.org/@anderselowsso…

Recommended reading this evening.

Ryan Berckmans ryanb.eth DavidHoffman.eth/acc🦇🔊 mikeneuder.eth ⟠ caspar What is 'the proposal'? When it comes to a 1559-like gadget you are fundamentally wrong. Such a gadget has the following flaws:

1. Makes discouragement attacks incredibly profitable (Section 5.3).
2. Makes cartelization attacks a real threat (Section 5.4).
3. If it makes the…