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An Economic Model of Consensus on Distributed Ledgers

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NBER2021-11-01 更新2025-01-04 收录
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In recent years, the designs of many new blockchain applications have been inspired by the Byzantine fault tolerance (BFT) problem. While traditional BFT protocols assume that most system nodes are honest (in that they follow the protocol), we recognize that blockchains are deployed in environments

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2021-11-01
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