For this we need a mechanism such that the maintenance of the mechanism is a schelling point. Specifically, the mechanism at T+1 should reward agents for actions at time T that reinforce the mechanism itself (in particular the actions are distributed). The incentive raises the probability of the mechanism being actualized at T+1, which in turn raises the “weight” of the reward offered by the mechanism at T+1, creating a self-fulfilling prophecy.
“Merging” forces parallelism back into sequential structures, which is why most blockchains are slow. You could make it faster by bundling a lot of actions together, but you need to make sure all actions are actually observable & checked by most of the agents (aka the data availability problem)
For this we need a mechanism such that the maintenance of the mechanism is a schelling point. Specifically, the mechanism at T+1 should reward agents for actions at time T that reinforce the mechanism itself (in particular the actions are distributed). The incentive raises the probability of the mechanism being actualized at T+1, which in turn raises the “weight” of the reward offered by the mechanism at T+1, creating a self-fulfilling prophecy.
“Merging” forces parallelism back into sequential structures, which is why most blockchains are slow. You could make it faster by bundling a lot of actions together, but you need to make sure all actions are actually observable & checked by most of the agents (aka the data availability problem)