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WIP [move] validator auction includes random sampling#335

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0o-de-lally wants to merge 5 commits into0LNetworkCommunity:mainfrom
0o-de-lally:validator-sortition
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WIP [move] validator auction includes random sampling#335
0o-de-lally wants to merge 5 commits into0LNetworkCommunity:mainfrom
0o-de-lally:validator-sortition

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@0o-de-lally 0o-de-lally commented Jan 19, 2025

[Don't merge WIP]
Validator auction in Proof of Fee, will have random assignment to the validator set, based on the the fee offered. This is an adjustment to consider the case where the validator set does not expand over many epochs, and the lowest bidder could attempt to manipulate the auction (for the benefit of all validators). With this change the auction gives bidders the equivalent of a "ticket" to a "raffle". In this case outliers (bidding 0 in the auction), will result in very improbable admission.

@0o-de-lally 0o-de-lally changed the title [move] validator auction includes random sampling WIP [move] validator auction includes random sampling Jan 20, 2025
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Proposal needs to be developed further. Closing as WIP.

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