DeFi· ★★★· bearish·

LZ Research paper argues slashing may not protect proof-of-stake networks

  • —Paper arXiv 2609.30509 was uploaded on September 24, 2026
  • —Protocol lets validators coordinate equivocation without risking slashing
  • —If the threshold is not met, no one is slashed; if met, the attack proceeds
  • —Authors claim an ex post Nash equilibrium and gains of ε > 0
Why it matters: It challenges slashing as the core security guarantee of proof-of-stake networks and could reshape validator incentive design.
Source: Crypto Briefing