Sampling & Slashing
How Local Protocol verifies diffusion-derived economic outputs through sampling and deters dishonesty through bond slashing.
Local Protocol verifies diffusion-derived economic outputs through sampling and deters dishonesty through slashing. Participants submit bounded, optimistic claims with transcripts; verifiers check sampled openings against committed snapshot roots.
Key Concepts
- Probabilistic verification: only a bounded number of transcript walks are checked.
- Canonical randomness: removes prover choice (prevents grinding).
- Penalization: invalid openings cause bond slashing and claim rejection.
Canonical randomness and delayed sampling
For a transaction id txid in epoch
What gets slashed
Claims include a bond
- rejects or reverts the claim output
- slashes the bond
(and any additional penalties defined by policy)
This makes dishonest inflation negative expected value under appropriate parameter selection.
Where the details live
The precise transcript format and verifier checks are defined by the claim protocol:
Next Steps
The next topic, Self-Policing, will explore how these incentives shape counterparty selection and discourage transacting with dishonest regions.