After a quick search, I can’t find much work on this specific question. But I want to speculate on what such an “error-correcting algorithm” might look like.
Did you look in places discussing ledger tech and proof of stake? If you are curious to see what’s been discussed, looking into that might be worth it. Information theory will mostly just focus on efficiency and practical trade-offs.
I’d expect the answer to not be apparent to an outsider, reading the literature, but I’d expect people who are good at designing those sorts of systems to be able to give you the answer quite easily if you ask.
Did you look in places discussing ledger tech and proof of stake? If you are curious to see what’s been discussed, looking into that might be worth it. Information theory will mostly just focus on efficiency and practical trade-offs.
I’d expect the answer to not be apparent to an outsider, reading the literature, but I’d expect people who are good at designing those sorts of systems to be able to give you the answer quite easily if you ask.