From permissioned to proof-of-stake consensus

Komatovic, J., Lewis-Pye, A., Neu, J., Roughgarden, T. & Nusret Tas, E. (2025). From permissioned to proof-of-stake consensus. In Avarikioti, Z. & Christin, N. (Eds.), 7th Conference on Advances in Financial Technologies (AFT 2025) . Schloss Dagstuhl, Leibniz-Zentrum für Informatik. https://doi.org/10.4230/LIPIcs.AFT.2025.18
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This paper presents the first generic compiler that transforms any permissioned consensus protocol into a proof-of-stake permissionless consensus protocol. For each of the following properties, if the initial permissioned protocol satisfies that property in the partially synchronous setting, the consequent proof-of-stake protocol also satisfies that property in the partially synchronous and quasi-permissionless setting (with the same fault-tolerance): consistency; liveness; optimistic responsiveness; every composable log-specific property; and message complexity of a given order. Moreover, our transformation ensures that the output protocol satisfies accountability (identifying culprits in the event of a consistency violation), whether or not the original permissioned protocol satisfied it.

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