diff --git a/casper4/papers/discouragement.pdf b/casper4/papers/discouragement.pdf index 07732ab..6cb332f 100644 Binary files a/casper4/papers/discouragement.pdf and b/casper4/papers/discouragement.pdf differ diff --git a/casper4/papers/discouragement.tex b/casper4/papers/discouragement.tex index da5f089..f08c0a5 100644 --- a/casper4/papers/discouragement.tex +++ b/casper4/papers/discouragement.tex @@ -15,7 +15,7 @@ We explore ``discouragement attacks" on economic consensus mechanisms. A discour \end{abstract} \section{Introduction} -We model an economic consensus mechanism as being a game where there is an infinite set of validators each with an infinitesimally small deposit, with the total deposit size $D$, of which some portion is controlled by the attacker. The payout function takes as input $TD$, the total deposit size, and $h$, the extent to which the attacker deviates from an ``honest" strategy. The payout to each honest validator is $\frac{1-h}{D^p}$, where $p$ is a protocol parameter that determines how the protocol reward changes with the number of validators. For example: +We model an economic consensus mechanism as being a game where there is an infinite set of validators each with an infinitesimally small deposit, with the total deposit size $D$, of which some portion is controlled by the attacker. The payout function takes as input $D$, the total deposit size, and $h$, the extent to which the attacker deviates from an ``honest" strategy. The payout to each honest validator is $\frac{1-h}{D^p}$, where $p$ is a protocol parameter that determines how the protocol reward changes with the number of validators. For example: \begin{itemize} \item $p=0$: constant ``interest rate", eg. under optimal conditions each validator earns a return of $8\%$ per year.