Game Theoretical Analysis of DAG-Ledgers Backbone

ePrint Report: Game Theoretical Analysis of DAG-Ledgers Backbone

Simone Galimberti, Maria Potop-Butucaru

We study the rational behaviors of participants in $DAG$-Based Distributed Ledgers. We analyze generic algorithms that encapsulate the main actions of participants in a $DAG$-based distributed ledger: voting for a block, and checking its validity. Knowing that those actions have costs, and validating a block gives rewards to users who participated in the validation procedure, we study using game theory how strategic participants behave while trying to maximize …

actions algorithms analysis block distributed distributed ledger eprint report game game theory ledger main procedure report strategic study theory validation voting