Security Threshold represents the minimum level of computational power or staked capital required to maintain the integrity and resistance of a blockchain network against various attacks. Exceeding this threshold ensures that malicious actors cannot easily manipulate transaction history or disrupt network operations. It is a critical parameter for assessing the robustness and trustworthiness of a decentralized system. A higher threshold generally indicates greater network resilience.
Context
The discussion surrounding the Security Threshold often focuses on the economic incentives and technological requirements for maintaining adequate network defense. A key debate involves the trade-offs between achieving a high threshold and ensuring network accessibility and decentralization. Critical future developments include innovations in consensus mechanisms and hardware efficiency that can further elevate security levels without compromising other network properties.
Introducing the first tractable model for selfish mining on a DAG, this protocol raises the security threshold, enabling robust, practical high-MEV consensus.
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