~/talk

Winkle: Foiling Long Range Attacks in Proof-of-Stake Blockchains

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Winkle requires ordinary wallets to embed users sign transaction-originated votes so chains carry attestations from historically online accounts; combined with key-rotation ties votes to history and a bound on adversary stake plus limited coin movement (an FY + X inequality) the protocol prevents adversaries who buy past validator keys from forging checkpoints. Minting is delayed until checkpointed, and simulations on Bitcoin/Ethereum show realistic user activity means naive signing is rare (50 days to years inactive) so optional delegation to active wallets improves practicality.

AI-written summary · about

  1. 0:00Intro
  2. 0:31Proof of Work
  3. 0:50Problems with Proof of Work
  4. 2:05Proof of State
  5. 2:19Proof of Stake
  6. 5:02Longrange Attacks
  7. 7:55Sign to blows
  8. 9:12Longrange attack
  9. 12:07Summary
  10. 17:33What could go wrong
  11. 19:08Security
  12. 20:30Chi Rotation
  13. 26:49Minting Block Rewards
  14. 27:56Efficiency
  15. 28:40Delegation
  16. 29:38Checkpointing
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