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LR Permissionless Result

Last updated Aug 10, 2022 Edit Source

Shown by Lewis-Pye and Roughgarden in 2022

Deterministic consensus is not possible for decentralized protocols with a Byzantine, permissionless system model.

Permissionless means that it does not enforce access control and allows the number and identity of participants to change without notice (under some number of participants bounded by $N$).