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A July commit removed eight papers on the premise "no license — DEX/non-custodial only". That premise is wrong: Lux operates an ATS, a broker-dealer, a transfer agent and a bank, and this material is resold at lux.financial. The merge that brought main in preserved the removal because the commit stated a reason, which is how a stale reason outlives the fact it rested on. Back, at the versions main carried — main never received the removal, so its copies are the later ones: the ATS architecture, the security-token standard, smart order routing, institutional custody, MPC custody, post-quantum securities, the SSB partnership and the CoinBridge brief. 83 files. Co-authored-by: Hanzo Dev <[email protected]>
40 lines
1.3 KiB
TeX
40 lines
1.3 KiB
TeX
\section{Performance}
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\label{sec:perf}
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%% =====================================================================
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Benchmarks on Apple M4 Max (Go implementation with SIMD NTT):
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\begin{table}[h]
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\centering
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\begin{tabular}{lrrr}
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\toprule
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\textbf{Algorithm} & \textbf{KeyGen} & \textbf{Sign/Encap} &
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\textbf{Verify/Decap} \\
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\midrule
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ECDSA (secp256k1) & 0.02 ms & 0.03 ms & 0.05 ms \\
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Ed25519 & 0.01 ms & 0.02 ms & 0.04 ms \\
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\midrule
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ML-KEM-768 & 0.04 ms & 0.05 ms & 0.04 ms \\
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ML-DSA-65 & 0.10 ms & 0.35 ms & 0.12 ms \\
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SLH-DSA-128f & 0.01 ms & 3.50 ms & 0.20 ms \\
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\midrule
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Hybrid (ECDSA + ML-DSA-65) & 0.12 ms & 0.38 ms & 0.17 ms \\
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\bottomrule
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\end{tabular}
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\caption{Cryptographic operation latencies.}
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\label{tab:latency}
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\end{table}
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ML-DSA verification is approximately $2.4\times$ slower than ECDSA
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verification. For a blockchain that processes 4,000 transactions per
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second, this adds 480 $\mu$s of verification overhead per block of
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1,000 transactions---negligible compared to consensus latency.
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The larger signature sizes (2,420 bytes for ML-DSA-44 vs.\ 65 bytes
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for ECDSA) increase transaction data by approximately 2.3~KB. At
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4,000 TPS, this is 9.2~MB/s of additional bandwidth---well within the
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capacity of modern validator networks.
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%% =====================================================================
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