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Fast Deterministically Safe Proof-of-Work Consensus

arXiv:2512.19968v3 Announce Type: replace Abstract: Permissionless blockchains achieve consensus while allowing unknown nodes to join and leave the system at any time. They typically come in two flavors: proof of work (PoW) and proof of stake (PoS), and both are vulnerable to attacks. PoS protocols suffer from long-range attacks, wherein attackers alter execution history at little cost, and PoW protocols are vulnerable to attackers with enough computational power to subvert execution history.

arXiv CS 6d ago