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KEEP slashing #254

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pdyraga opened this issue Feb 26, 2020 · 3 comments · Fixed by #283
Closed

KEEP slashing #254

pdyraga opened this issue Feb 26, 2020 · 3 comments · Fixed by #283
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@pdyraga
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pdyraga commented Feb 26, 2020

For a bonded ECDSA keep we should slash the minimum stake of KEEP of all signers (no attributability) in case of a fraudulent signature. Where a fraudulent signature is a valid but not requested one.

@pdyraga pdyraga added this to the v0.9.0 milestone Feb 26, 2020
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pdyraga commented Feb 26, 2020

@Shadowfiend What is the incentive in tBTC for someone to report a signature fraud? Do we expect Keep to provide this incentive?

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Fraud reporters get any remainder from the liquidation auction. The deposit owner is also incentivized to report fraud to get compensated for the ostensible theft of their BTC. A fraud reporter can basically get the whole ETH bond in case of provable misbehavior with some quick contract code.

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pdyraga commented Feb 26, 2020

Nice to hear, thanks. In this case, we'll just slash and don't care about tattletale reward.

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4 participants