Accuracy of the conservative delay-to-distance estimator under exponential noise
Derive an explicit accuracy characterization for the conservative estimator c_hat = min_i(t_i/d_i) used in the trustless Proof of Internet Geometry (PoIG) protocol under a delay model with exponential noise, where t_i/d_i combines an exponential noise term in the numerator with a uniformly sampled distance term in the denominator. Specifically, determine the distribution and/or provide tight bounds on the variance (or an equivalent accuracy measure) of c_hat in this exponential-noise setting to complete the analytical treatment of PoIG accuracy beyond the Gaussian-noise case.
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The distribution of $t_i/d_i$ combines the exponential noise term and the uniformly sampled distance term as denominator, hence we can not provide the direct accuracy.