filecoin-project / consensus

Filecoin consensus work
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Seal and PoST security hardness discussion #30

Open sternhenri opened 5 years ago

sternhenri commented 5 years ago

This writeup should ultimately find a home elsewhere, but given this came up in a quick conversation with @jbenet and @ZenGround0 and may deserve a follow up conversation (not to mention corrections where I've mischaracterized things), I thought an issue the better place to start.

As a reminder (skip for a bit if you know), the Filecoin protocol relies on a few forms of consensus. We have:


Great, now some thoughts related to Filecoin specifically (and maybe the space in general): 1) We claim that it is safer for miners to run Proofs of Space in between their pledge and their Seal, as that effectively commits their resources to the network (on the other hand it may negatively impact market dynamics), thereby increasing security from a 51% attack. 1) We claim that there are two levels of hardness to FIL security guarantees (illustration below)

1) We claim that hard FIL security (through Seals) may in fact be safer than BTC PoW. I think that last claim was based on ASIC development vs the storage market. @jbenet to confirm.

sternhenri commented 5 years ago

From a convo with @ZenGround0