~/talk

Consensus Through Herding

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Presents a protocol that achieves communication-efficient adaptive security for consensus without proof-of-work or erasure assumptions, using standard crypto (sub‑exponential hardness) in the synchronous diffusion model. Key tools are a new batch agreement from herding construction, transaction‑specific VRF eligibility (VRF per (round,transaction)) plus an exponential‑decay initial score for blocks, and probability bounds (Chernoff/union) to block grinding. Guarantees: polylogarithmic communication and confirmation time in the number of nodes, tolerates adaptive corruptions, and the constructed protocol is proven to satisfy consistency and strong liveness.

AI-written summary · about

  1. 0:00Personal introduction
  2. 1:54Consensus model definition
  3. 7:53Consensus implementation
  4. 11:49Byzantine agreement basics
  5. 13:28Scalability and security
  6. 17:45Adaptive security challenges
  7. 20:44Existing solutions overview
  8. 22:15VRF and leader election
  9. 27:25The need for new solutions
  10. 31:03Introduction to herding
  11. 34:24Defining batch agreement
  12. 38:15Economic theory of herding
  13. 46:42Protocol and security proof
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