0

I am currently looking at the nakamoto coefficient for tezos. The nakamoto index is the number of participants needed to get the absolute majority in a system, in bitcoin for example this would be 51%, i.e. the number of participants needed to get 51% of the stakes in the system would be the nakamoto index. For certain blockchains such as algorand one needs 2/3 of the participants in order for the system to achieve consensus, therefore the nakamoto index would be the number of participants needed to have more than 1/3 of the total stakes. So how many participants are needed for the system to act maliciously in tezos? (one third/one half or another number)

1 Answer 1

2

For the current consensus protocol, Emmy*, the attacker needs at least half of the total stake, since it's a Nakamoto-style algorithm (like Bitcoin and Ouroboros).

For the consensus algorithm of the next protocol proposal, Tenderbake, the attacker needs at least a third of the stake, since it's a "classic-style" algorithm (like PBFT, Tendermint, Casper). (The attacker might need slightly less, say 31%, because validators are a randomly sampled subset of all possible participants, and the attacker may be lucky sometimes.)

1
  • That makes sense, thanks a lot. Jan 13, 2022 at 14:48

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge that you have read and understand our privacy policy and code of conduct.

Not the answer you're looking for? Browse other questions tagged or ask your own question.