blockchains need geospatial decentralization
validators should be globally distributed to ensure regulatory resilience, robustness, and fairness
our research dives in
we do empirical analysis, propose GPoS mechanism and run emulations using GeoDec
empirical analysis
1. data collection: gather validator data for location and stake.
Solana, Aptos and Avalanche data is pulled through their APIs. Sui Mysten team helped us gather data.
For Ethereum and other Cosmos SDK chains, the challenge is to differentiate between a full node and a validator.
We tracked beacon nodes in Ethereum to learn about their short lived subscription to attestors
2. Quantifying decentralization
proving that existing metrics such as Gini, Nakamoto does not capture geospatial nature, we design metric to capture geospatial decentralization.
We design a graph: validators are nodes, stake is node weight and edge is inverse of distance between nodes
Find the influence of validators using Eigenvector centrality. We then take Gini of Eigenvector centrality to quantify the inequality in influence.
Seeing most blockchains are not geospatially decentralized, we questioned how to improve it?
assuming proof of location, what if we consider not just stake in voting power, but also the geospatial diversity that validator contributes
we call it GPoS: Geospatially-aware Proof of Stake
finally, we run emulations on GeoDec emulator to study the impact of shift in voting power and impact of GPoS. GeoDec runs emulations on HotStuff, CometBFT with validators at custom locations, artificial latencies using netem
the emulations show minimal overhead with GPoS
2.1K
4
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.