Origin Documents & References

Idea

tl;dr - What is it?

tl;dr Rather than submitting every claim & proof on chain, proof submission is probabilistic.

Expected ROI - How many more relays?

If only 25% (0.25) of proofs are required, this would lead to a 4x increase in number of relays (from 3.5B to 14B).

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Assumption - What are we assuming?

Assumptions based on conversations (code / data not inspected):

Solution

Governance Parameters - What are we introducing?

Introduce 2 new governance parameters:

  1. ProbabilityOfProofRequest
    1. Description: Probability that a claim will require a proof
    2. Range: $x ∈ ℝ ∣ 0 < x ≤ 1$
  2. ProofRequiredThreshold
    1. Description: A ratio of the POKT expected as a reward for a claim over the amount of POKT the submitter of the claim has staked
    2. Definition: $y = \frac{ClaimPoktReward}{PoktStaked}$
    3. Range: $y ∈ ℝ ∣ y > 0$

Probability Distribution - What are we computing?

ProbabilityProofRequired = ProbabilityOfProofRequest seeded by (nodeAddress, blockHeight, blockHash)

$Probably(slashing)=

\begin{cases}

ProbabilityOfProofRequest &\text{if } \frac{ClaimPoktReward}{PoktStaked} < ProofRequiredThreshold \\ 1.0 &\text{if } \frac{ClaimPoktReward}{PoktStaked} >= ProofRequiredThreshold

\end{cases}$