On the Limits of Consensus under Dynamic Availability and Reconfiguration
Proof-of-stake blockchains require consensus protocols that support Dynamic Availability and Reconfiguration (so-called DAR setting), where the former means that the consensus protocol should remain live even if a large number of nodes temporarily crash, and the latter means it should be possible to change the set of operating nodes over time. State-of-the-art protocols for the DAR setting, such as Ethereum, Cardano's Ouroboros, or Snow White, require unrealistic additional assumptions, such as…
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