Essays : Shared security, the end?
Disclaimer : This analysis reflects a personal perspective on the potential evolution of shared security within the Cosmos ecosystem. It does not represent any official position, nor that of the Hub team or any specific organization. Introduction: Partial Set Security (PSS) is the direct successor to Interchain Security (ICS), whose decline seems confirmed with Neutron’s departure. PSS can be defined as a free-market mechanism between Cosmos Hub validators and consumer chains, allowing the latter to replicate the economic security of validators (staked in ATOM) on their own networks. Today, it is increasingly necessary to deeply rethink PSS to make it more market-aligned and ecosystem-relevant. The limitations of ICS quickly became apparent, especially in terms of economic yield for validators and network liveness. PSS emerged from these shortcomings, offering a more liberal approach to validation, based on the expectation of profitability. Two models were proposed: • PSS Opt-in , where validators choose whether to participate in securing a consumer chain. • PSS Top-N , where only the top validators based on delegated ATOM are selected. For more information on…
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At Govmos , we appreciate the thoughtful proposal around Replicated Blockspace (PB) and commend your effort to frame it as a modular and accessible offering for future network participants. We recognize the importance of developing systems that offer plug-and-play infrastructure, and your contribution to this dialogue is both valuable and timely. As part of our mandate from the AADAO, we conducted an in-depth analysis of ICS 2.0 and its Partial Set Security (PSS) model. This has led us to believe that much of what PB seeks to achieve is already embedded—and arguably improved—within the architecture of PSS. For more context, we encourage readers to explore our comprehensive breakdown available here: ICS 2.0 Economics – Partial Set Security (PSS) Financial Model 1. PSS Top-N – Cost-Efficient and Accountable Execution Replication The Top-N mechanism in PSS mirrors the intent behind your replicated execution model but does so with added elegance and efficiency. Rather than relying on full validator set replication—which brings heavy infrastructure costs—PSS allows governance to define a targeted subset of top validators responsible for chain operation. This model reduces…
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