Daily Papers

Diffusion-based language models (dLLMs) enable parallel token generation through iterative denoising, but existing decoding strategies collapse to single-token generation under low confidence, severely limiting throughput. Unlike autoregressive models where speculative decoding operates on token sequences in a fixed left-to-right order, dLLMs require speculating over denoising trajectories-sequences of multi-token updates with explicit positions and unmasking orders. We develop a trajectory-level speculative framework that constructs draft denoising trajectories via confidence-stratified tree exploration and verifies them through blockwise parallel evaluation with bidirectional attention masking. Our method further introduces inter-block speculation, exploiting diffusion models' bidirectional structure to perform cross-block lookahead. We formally characterize when this approach is exact and identify trajectory drift as the fundamental cost of increased parallelism. Building on Fast-dLLM's dual-cache infrastructure, our framework reduces denoising iterations by 30-40% and increases tokens-per-step from 2.6 to 4.3, achieving 7-14x speedup over vanilla dLLMs and 1.3x over Fast-dLLM with less than 1% accuracy change across reasoning and code benchmarks.

Striking an optimal balance between minimal drafting latency and high speculation accuracy to enhance the inference speed of Large Language Models remains a significant challenge in speculative decoding. In this paper, we introduce Falcon, an innovative semi-autoregressive speculative decoding framework fashioned to augment both the drafter's parallelism and output quality. Falcon incorporates the Coupled Sequential Glancing Distillation technique, which fortifies inter-token dependencies within the same block, leading to increased speculation accuracy. We offer a comprehensive theoretical analysis to illuminate the underlying mechanisms. Additionally, we introduce a Custom-Designed Decoding Tree, which permits the drafter to generate multiple tokens in a single forward pass and accommodates multiple forward passes as needed, thereby boosting the number of drafted tokens and significantly improving the overall acceptance rate. Comprehensive evaluations on benchmark datasets such as MT-Bench, HumanEval, and GSM8K demonstrate Falcon's superior acceleration capabilities. The framework achieves a lossless speedup ratio ranging from 2.91x to 3.51x when tested on the Vicuna and LLaMA2-Chat model series. These results outstrip existing speculative decoding methods for LLMs, including Eagle, Medusa, Lookahead, SPS, and PLD, while maintaining a compact drafter architecture equivalent to merely two Transformer layers.

Speculative decoding accelerates inference by using a lightweight draft model to generate candidate tokens in parallel, and are then verified by the target model, enabling lossless acceleration. Recently, diffusion-based speculative decoding further improves parallelism by generating multiple tokens per forward pass via block-level diffusion, achieving state-of-the-art (SOTA) performance. However, existing methods adopt a fixed inference block size and assume a uniform optimal decoding strategy across all inputs. In this paper, we show that this assumption is suboptimal, as the optimal block size varies across samples and plays a critical role in speculative decoding performance. Moreover, these values exhibit a clear local structure, concentrating around the training block size, which reduces the problem to a low-dimensional and structured decision space. Based on these insights, we propose BlockPilot, a sample-adaptive policy that predicts the optimal block size from the prefilling representation. Specifically, we formulate block size selection as a lightweight policy learning problem and propose an instance-adaptive decision mechanism that predicts the optimal block size based on the representation of the prefilling stage. The prediction is performed only once after prefilling, allowing for seamless integration. Extensive experiments demonstrate that our method is plug-and-play, introduces minimal overhead, and consistently improves efficiency, achieving an acceptance length of 5.92 and a 4.20times speedup on Qwen3-4B under temperature T=1.

Interactive video generation commonly relies on small bidirectional chunks to reduce response latency. Yet our preliminary experiments show that larger chunks improve video quality and better utilize GPU parallelism, allowing more latents to be sampled with only a modest increase in sampling time. Motivated by these observations, we propose Speculative Sampling, a strategy that combines the modeling power of large bidirectional windows with the low-latency interaction of small ones. It expands the modeling window by appending noise latents as padding and caches the resulting predictions for reuse when the condition remains unchanged. Predictions are delivered incrementally, while the uncommitted future remains replaceable. Our latency analysis shows that this removes the waiting-time lower bound imposed by chunk boundaries, shifting the optimization focus from reducing chunk size to accelerating per-chunk sampling. Bidirectional window size thus becomes a decision variable for jointly optimizing visual quality and sampling time, rather than a necessary constraint on low-latency interaction. This opens a path to serving large bidirectional models in interactive streaming systems without complex streaming post-training.

Modern Large Language Models achieve impressive reasoning capabilities with long Chain of Thoughts, but they incur substantial computational cost during inference, and this motivates techniques to improve the performance-cost ratio. Among these techniques, Speculative Decoding accelerates inference by employing a fast but inaccurate draft model to autoregressively propose tokens, which are then verified in parallel by a more capable target model. However, due to unnecessary rejections caused by token mismatches in semantically equivalent steps, traditional token-level Speculative Decoding struggles in reasoning tasks. Although recent works have shifted to step-level semantic verification, which improve efficiency by accepting or rejecting entire reasoning steps, existing step-level methods still regenerate many rejected steps with little improvement, wasting valuable target compute. To address this challenge, we propose Arbitrage, a novel step-level speculative generation framework that routes generation dynamically based on the relative advantage between draft and target models. Instead of applying a fixed acceptance threshold, Arbitrage uses a lightweight router trained to predict when the target model is likely to produce a meaningfully better step. This routing approximates an ideal Arbitrage Oracle that always chooses the higher-quality step, achieving near-optimal efficiency-accuracy trade-offs. Across multiple mathematical reasoning benchmarks, Arbitrage consistently surpasses prior step-level Speculative Decoding baselines, reducing inference latency by up to sim2times at matched accuracy.

Speculative decoding accelerates LLM inference by drafting a tree of candidate continuations and verifying it in one target forward. Existing drafters fall into two camps with opposite weaknesses. Autoregressive drafters such as EAGLE-3 preserve dependence along each draft path but call the drafter once per tree depth, making drafting a non-trivial share of per-iteration latency. Parallel drafters cut drafter calls by predicting multiple future positions in one forward, but each position is predicted without seeing the others, producing paths the verifier rejects. In this paper, we propose SpecBlock, a block-iterative drafter that combines path dependence with cheap drafting. Each drafter forward produces K dependent positions and we call this a block. The draft tree grows through repeated block expansions. Two mechanisms explicitly carry path dependence to keep later draft positions accurate. Within each block, a layer-wise shift carries the previous position's hidden state into every decoder layer. Across blocks, each new block can start from any position of the previous block, inheriting its hidden state to extend the path. To spend verifier budget where acceptance is likely, a co-trained rank head replaces the fixed top-k tree by allocating per-position branching during drafting. To avoid training the drafter on prefixes it never produces at inference, a valid-prefix mask drops the loss at later positions once an earlier one is wrong. Beyond static drafting, a cost-aware bandit at deployment uses free verifier feedback to update the drafter selectively, only when the expected throughput gain exceeds the update cost. Experiments show that SpecBlock improves mean speedup by 8-13% over EAGLE-3 at 44-52% of its drafting cost, and cost-aware adaptation extends this lead to 11-19%.

The goal of L-step speculative decoding is to accelerate autoregressive decoding of a target model by using a cheaper draft model to generate a candidate path of L tokens. Based on a verification algorithm involving target and draft model probabilities, a prefix of the candidate sequence is accepted, and an additional correction token is sampled from a residual distribution to ensure that the final output adheres to the target distribution. While standard speculative decoding uses a verification algorithm which is independent at each token on the path, a recent extension called block verification uses a joint condition involving all sampled on-path probabilities. Block verification (BV) was shown to be optimal over all verification algorithms which use only on-path probabilities, improving on standard speculative decoding. In this work, we first show that block verification is optimal even over verification algorithms that use off-path probabilities, by constructing an information-agnostic linear program (LP). Further, we can extend our LP to the setting where the draft model samples multiple candidate paths, and use it to construct a natural class of multi-path block verification generalizations. While computing the optimal algorithm in this class is not tractable, by considering a stricter class of greedy algorithms, we can formulate an efficient method called greedy multi-path block verification (GBV). Empirically, GBV can improve block efficiency by over 30% and reduce decoding walltimes by over 15% relative to BV. On Llama-3 70B, GBV can improve the end-to-end decoding throughput over SOTA multi-path verification methods by more than 15%.

The growing demand for Large Language Models (LLMs) across diverse applications has prompted a paradigm shift in the design of deep learning serving systems. Deploying LLMs, especially in multi-tenant environments, presents considerable challenges due to their high computational and memory demands. We present BlockLLM, a serving system that exploits the potential of sharing components among fine-tuned LLM models to offer an efficient and flexible solution for LLM workloads. BlockLLM partitions the models into finer-grained blocks to enable the reuse of model components and independent provisioning to improve the computation efficiency. BlockLLM consists of an offline block zoo, for storing the blocks, and an online system to serve the requests through chains of blocks. It offers multi-fold flexibility: (1) Adaptive assembly of block chains on-the-fly is achieved with the help of equivalence evaluation among blocks in the zoo. (2) We enable per-block batch size and configure best-effort KV cache coordination at individual block level. (3) We adopt speculative execution and locality-aware block placement to mitigate the communication costs from dynamic block resource allocation. Our evaluation demonstrates that BlockLLM reduces memory and storage footprints and improves computation efficiency, outperforming existing serving approach in 95\%ile latency and GPU utilization by 33.5\% and 20.1\%, respectively.

Large language model-based deep research agents have been increasingly popular for addressing long-horizon information-seeking tasks, but they often incur high end-to-end latency due to extensive reasoning and frequent tool use. Speculation frameworks aim to reduce latency by overlapping action execution with reasoning; however, existing approaches typically rely on uniform speculation strategies and strict action matching, which limits inference speedups and robustness. In this work, we revisit the speculate-verify paradigm for deep research agents through the lens of action heterogeneity. We show that Search and Visit actions exhibit fundamentally different reasoning and model capacity requirements: entropy-based analysis reveals that Search decisions have higher uncertainty and benefit significantly from explicit reasoning, whereas Visit decisions have lower entropy and depend primarily on model capacity. Motivated by this dual-process characteristic, we propose DualSpec, a heterogeneous speculation framework equipped with a lightweight, confidence-based semantic verifier. Experiments across multiple models and benchmarks demonstrate that DualSpec achieves up to 3.28times end-to-end speedup while maintaining accuracy comparable to fully reasoning agents.

Speculative decoding accelerates autoregressive generation by drafting a block of tokens that the target model verifies left-to-right, committing only the longest accepted prefix. Block (DLM-style) drafters predict the whole block in parallel, which is fast but trained with a full-block cross-entropy that supervises every position against the gold continuation -- even though inference discards every token after the first rejection. Recent acceptance-aware objectives patch this by reweighting the full-block loss; we instead use teacher-forced learning as a motivation for how supervision should concentrate on the accepted prefix. A mask-only block drafter has no input-side channel for gold-prefix conditioning, so AUF approximates that prefix-sensitive supervision on the loss side by keeping the cross-entropy support only through the drafter's first predicted failure. AUF is a single, detached change to the CE support -- no auxiliary objective, no verifier rollouts, and no change to the inference pipeline or the exactness contract. Within fixed drafter backbones and serving settings on Qwen3-8B, AUF raises the DFlash drafter's average emitted length τ, averaged over six benchmarks, from 2.40 to 2.61, with a gain on every benchmark, and transfers to Domino's two-branch head (2.56 to 2.68). Two findings sharpen the picture: the decay-only baseline reaches higher token accuracy on the shared block mask yet decodes worse, and on DFlash, once AUF truncates the support, the standard exponential position-decay weighting becomes empirically inert.

Autoregressive decoding is bottlenecked by its sequential nature. Speculative decoding has become a standard way to accelerate inference by using a fast draft model to predict upcoming tokens from a slower target model, and then verifying them in parallel with a single target model forward pass. However, speculative decoding itself relies on a sequential dependence between speculation and verification. We introduce speculative speculative decoding (SSD) to parallelize these operations. While a verification is ongoing, the draft model predicts likely verification outcomes and prepares speculations pre-emptively for them. If the actual verification outcome is then in the predicted set, a speculation can be returned immediately, eliminating drafting overhead entirely. We identify three key challenges presented by speculative speculative decoding, and suggest principled methods to solve each. The result is Saguaro, an optimized SSD algorithm. Our implementation is up to 2x faster than optimized speculative decoding baselines and up to 5x faster than autoregressive decoding with open source inference engines.

Block diffusion accelerates speculative decoding by drafting multiple tokens in one forward pass. However, each position predicts a marginal distribution without observing earlier proposed tokens, limiting draft quality and acceptance length. We identify a concrete failure, the repetition trap, in which neighboring positions produce redundant copies of the same token. We explain this tendency theoretically and empirically examine its association with shorter accepted drafts. Recent methods refine marginal predictions with an additional causal head or a separately trained drafter, increasing parameter storage and introducing separate training objectives. We instead propose D-Loop, which introduces intra-block causal conditioning within the original diffusion drafter without additional model components. Inspired by semi-autoregressive generation and parameter sharing, D-Loop reuses the same backbone across looped passes. The first pass proposes a block, and the second conditions on a selected prefix to regenerate the suffix in parallel. A complementary prefix--suffix objective trains the shared drafter for both anchor-only prefix prediction and prefix-conditioned suffix prediction. Across eight math, code, and chat benchmarks, D-Loop can beat DFlash and DSpark on Qwen3-4B and Qwen3-8B with obvious gains.

Speculative decoding is a promising method for reducing the inference latency of large language models. The effectiveness of the method depends on the speculation length (SL) - the number of tokens generated by the draft model at each iteration. The vast majority of speculative decoding approaches use the same SL for all iterations. In this work, we show that this practice is suboptimal. We introduce DISCO, a DynamIc SpeCulation length Optimization method that uses a classifier to dynamically adjust the SL at each iteration, while provably preserving the decoding quality. Experiments with four benchmarks demonstrate average speedup gains of 10.3% relative to our best baselines.

Block diffusion speculative decoding accelerates LLM inference by predicting all tokens within a block simultaneously for the target model to verify in parallel. Predicting an entire block at once requires a sufficiently capable draft model and effective utilization of the target model's internal knowledge. However, the state-of-the-art method DFlash constrains all draft layers to share a single fused representation derived from only a few target layers, limiting per-layer expressiveness and hindering further scaling of draft capacity. In this paper, we present \modelname, which flares out the narrow conditioning bottleneck of DFlash through a lightweight layer-wise fusion mechanism: each draft layer attends to its own learnable combination of a broad set of target layers at negligible overhead, simultaneously injecting richer target knowledge and providing every draft layer with a distinct input. This enhanced per-layer expressiveness enables scaling the draft model to deeper architectures with consistent gains. We further scale training data from 800K to 2.4M samples to fully exploit the enlarged capacity. On six benchmarks spanning mathematical reasoning, code generation, and conversation, \modelname attains average wall-clock speedups of 5.52x on Qwen3-4B, 5.46x on Qwen3-8B, and 3.91x on GPT-OSS-20B, improving over DFlash by roughly 11\%, 8\%, and 5\% respectively. Our code is available at https://github.com/Tencent/AngelSlim.

Autoregressive decoding in Large Language Models (LLMs) is inherently sequential, creating a latency bottleneck that scales linearly with output length. While ``Decomposition-and-Fill'' methods like Skeleton-of-Thought attempt to parallelize generation via external orchestration, they suffer from coherence drift due to the lack of cross-stream communication. In this work, we introduce the Parallel Decoder Transformer (PDT), a parameter-efficient architecture that embeds coordination primitives directly into the inference process of a frozen pre-trained model. Instead of retraining the base model, PDT injects lightweight Speculative Note Conditioning (SNC) adapters that allow parallel decoding streams to synchronize via a shared, dynamic latent space. We formulate coordination as a speculative consensus problem, where sibling streams broadcast semantic ``notes'' to a global bus, gated by a learned verification head. We validate our approach on a 50,000-step curriculum using a frozen 20B-parameter backbone. Our results demonstrate that PDT achieves effective self-correction, reaching 77.8\% precision in coverage prediction and recovering approximate serial semantics without modifying the trunk weights. This establishes PDT as a scalable, efficient alternative to full model fine-tuning for structured parallel generation.

Block drafters propose several tokens in one forward pass, before earlier target tokens are realised. Their rejection mixes two losses: missing within-block path information and imperfect modelling of observable information. Accepted length cannot distinguish them. We separate the two with an information floor, the minimum expected rejection at a specified conditioning order; rejection above this floor is the model gap. Estimating both from target rollouts across four domains, four open-weight targets, and a frontier API target yields three findings. First, the all-parallel floor reaches 0.286 at the final slot on Qwen3-4B, limiting even the best proposal to 71% per-slot acceptance. Second, one realised token removes 86--100% of this floor, a locality also recovered by an independent mutual-information analysis. Third, current drafters remain far above their floors: the final-slot model gap accounts for 43--64% of DFlash rejection and 85--92% of DSpark's oracle-conditioned rejection. These findings separate the value of short-range conditioning from proposal quality. Guided by this distinction, we replace a context-independent predecessor correction with a prefix-attention head that reads committed context conditional on the predecessor. With supporting backbone components, the resulting Qwen3-4B drafter improves mean serving accepted length by 3.83% over the released DSpark checkpoint across nine tasks, without increasing the conditioning order.

Speculative decoding (SD) has emerged as a promising technique to accelerate LLM inference by employing a small draft model to propose draft tokens in advance, and validating them in parallel with the large target model. However, the existing SD methods still remain constrained by their serialized execution, which causes the mutual waiting bubbles between the draft and target models. To address this challenge, we draw inspiration from branch prediction in modern processors and propose a novel framework SpecBranch to unlock branch parallelism in SD. Specifically, we first take an in-depth analysis of the potential of branch parallelism in SD, and recognize that the key challenge lies in the trade-offs between parallelization and token rollback. Based on the analysis, we introduce parallel speculative branches to preemptively hedge against likely rejections. Meanwhile, to enhance parallelism, we jointly orchestrate adaptive draft lengths with a hybrid combination of the implicit draft model confidence and explicit reusing of target model features. Extensive experiments across various models and benchmarks show that SpecBranch achieves over 1.8times sim 4.5times speedups against the auto-regressive decoding and reduces rollback tokens by 50\% for poorly aligned models, while maintaining an identical sampling distribution.

We introduce the concept of temporal hierarchy forecasting (THieF) in predicting day-ahead electricity prices and show that reconciling forecasts for hourly products, 2- to 12-hour blocks, and baseload contracts significantly (up to 13%) improves accuracy at all levels. These results remain consistent throughout a challenging 4-year test period (2021-2024) in the German power market and across model architectures, including linear regression, a shallow neural network, gradient boosting, and a state-of-the-art transformer. Given that (i) trading of block products is becoming more common and (ii) the computational cost of reconciliation is comparable to that of predicting hourly prices alone, we recommend using it in daily forecasting practice.

We consider multi-draft speculative sampling, where the proposal sequences are sampled independently from different draft models. At each step, a token-level draft selection scheme takes a list of valid tokens as input and produces an output token whose distribution matches that of the target model. Previous works have demonstrated that the optimal scheme (which maximizes the probability of accepting one of the input tokens) can be cast as a solution to a linear program. In this work we show that the optimal scheme can be decomposed into a two-step solution: in the first step an importance sampling (IS) type scheme is used to select one intermediate token; in the second step (single-draft) speculative sampling is applied to generate the output token. For the case of two identical draft models we further 1) establish a necessary and sufficient condition on the distributions of the target and draft models for the acceptance probability to equal one and 2) provide an explicit expression for the optimal acceptance probability. Our theoretical analysis also motives a new class of token-level selection scheme based on weighted importance sampling. Our experimental results demonstrate consistent improvements in the achievable block efficiency and token rates over baseline schemes in a number of scenarios.

To mitigate the Memory Wall bottleneck encountered by Large Language Models (LLMs) during inference on NPU hardware, and addressing the scarcity of native support for mainstream speculative decoding algorithms on domestic infrastructure, this study presents an end-to-end speculative inference acceleration scheme for OpenPangu-7B.

Bitcoin constructs temporal order internally rather than synchronizing to any external clock. Empirical evidence shows that its time evolution is non-continuous, probabilistic, and self-regulated. Block discovery follows a stochastic process in which uncertainty accumulates during the search phase and collapses abruptly when a valid proof-of-work solution appears. Difficulty adjustment maintains the system near the entropy-maximizing regime and allows the network to infer the underlying global hash rate. Building on these observations, we present a unified framework in which Bitcoin time emerges from four interacting mechanisms: proof of work as a distributed entropy source, difficulty adjustment as temporal feedback, entropy collapse as discrete temporal updates, and recursive sealing through hash pointers. Together these mechanisms form a self-regulating temporal architecture that transforms distributed randomness into a coherent and irreversible global timeline, offering a generalizable foundation for autonomous timekeeping in permissionless systems.

Prediction markets are designed to aggregate dispersed information about future events, yet today's ecosystem is fragmented across heterogeneous operator-run platforms and blockchain-based protocols that independently list economically identical events. In the absence of a shared notion of event identity, liquidity fails to pool across venues, arbitrage becomes capital-intensive or unenforceable, and prices systematically violate the Law of One Price. As a result, market prices reflect platform-local beliefs rather than a single, globally aggregated probability, undermining the core information-aggregation function of prediction markets. We address this gap by introducing a semantic alignment framework that makes cross-platform event identity explicit through joint analysis of natural-language descriptions, resolution semantics, and temporal scope. Applying this framework, we construct the first human-validated, cross-platform dataset of aligned prediction markets, covering over 100 000 events across ten major venues from 2018 to 2025. Using this dataset, we show that roughly 6% of all events are concurrently listed across platforms and that semantically equivalent markets exhibit persistent execution-aware price deviations of 2-4% on average, even in highly liquid and information-rich settings. These mispricings give rise to persistent cross-platform arbitrage opportunities driven by structural frictions rather than informational disagreement. Overall, our results demonstrate that semantic non-fungibility is a fundamental barrier to price convergence, and that resolving event identity is a prerequisite for prediction markets to aggregate information at a global scale.

Large Language Models (LLMs) present a critical trade-off between inference quality and computational cost: larger models offer superior capabilities but incur significant latency, while smaller models are faster but less powerful. Existing serving strategies often employ fixed model scales or static two-stage speculative decoding, failing to dynamically adapt to the varying complexities of user requests or fluctuations in system performance. This paper introduces , a novel framework that reimagines LLM inference as an adaptive routing problem solved through multi-level speculative decoding. dynamically constructs and optimizes inference "paths" (chains of models) based on real-time feedback, addressing the limitations of static approaches. Our contributions are threefold: (1) An adaptive model chain scheduling mechanism that leverages performance profiling (execution times) and predictive similarity metrics (derived from token distribution divergence) to continuously select the optimal sequence of draft and verifier models, minimizing predicted latency per generated token. (2) A multi-level collaborative verification framework where intermediate models within the selected chain can validate speculative tokens, reducing the verification burden on the final, most powerful target model. (3) A synchronized state management system providing efficient, consistent KV cache handling across heterogeneous models in the chain, including precise, low-overhead rollbacks tailored for asynchronous batch processing inherent in multi-level speculation. Preliminary experiments demonstrate the validity of our method.

In single-stream autoregressive interfaces, the same tokens both update the model state and constitute an irreversible public commitment. This coupling creates a silence tax: additional deliberation postpones the first task-relevant content, while naive early streaming risks premature commitments that bias subsequent generations. We introduce Side-by-Side (SxS) Interleaved Reasoning, which makes disclosure timing a controllable decision within standard autoregressive generation. SxS interleaves partial disclosures with continued private reasoning in the same context, but releases content only when it is supported by the reasoning so far. To learn such pacing without incentivizing filler, we construct entailment-aligned interleaved trajectories by matching answer prefixes to supporting reasoning prefixes, then train with SFT to acquire the dual-action semantics and RL to recover reasoning performance under the new format. Across two Qwen3 architectures/scales (MoE Qwen3-30B-A3B, dense Qwen3-4B) and both in-domain (AIME25) and out-of-domain (GPQA-Diamond) benchmarks, SxS improves accuracy--content-latency Pareto trade-offs under token-level proxies such as inter-update waiting.

Speculative decoding (SD) is a widely used approach for accelerating decode-heavy LLM inference workloads. While online inference workloads are highly dynamic, existing SD systems are rigid and take a coarse-grained approach to SD management. They typically set the speculative token length for an entire batch and serialize the execution of the draft and verification phases. Consequently, these systems fall short at adapting to volatile online inference traffic. Under low load, they exhibit prolonged latency because the draft phase blocks the verification phase for the entire batch, leaving GPU computing resources underutilized. Conversely, under high load, they waste computation on rejected tokens during the verification phase, overloading GPU resources. We introduce FASER, a novel system that features fine-grained SD phase management. First, FASER minimizes computational waste by dynamically adjusting the speculative length for each request within a continuous batch and by performing early pruning of rejected tokens inside the verification phase. Second, FASER breaks the verification phase into frontiers, or chunks, to overlap them with the draft phase. This overlap is achieved via fine-grained spatial multiplexing with minimal resource interference. Our FASER prototype in vLLM improves throughput by up to 53% and reduces latency by up to 1.92times compared to state-of-the-art systems.

Decentralized prediction markets (DePMs) allow open participation in event-based wagering without fully relying on centralized intermediaries. We review the history of DePMs which date back to 2011 and includes hundreds of proposals. Perhaps surprising, modern DePMs like Polymarket deviate materially from earlier designs like Truthcoin and Augur v1. We use our review to present a modular workflow comprising eight stages: underlying infrastructure, market topic, share structure and pricing, market initialization, trading, market resolution, settlement, and archiving. For each module, we enumerate the design variants, analyzing trade-offs around decentralization, expressiveness, and manipulation resistance. We also identify open problems for researchers interested in this ecosystem.

Speculative decoding accelerates LLM inference by having a small drafter propose tokens that a larger target model verifies in parallel. Recent diffusion-based parallel drafters such as DFlash predict the full B-token block in one forward pass, enabling deeper drafters and longer accepted blocks. However, existing multi-token drafter objectives often use fixed position-dependent weighting schedules, such as head-dependent weights or block-position decays, which do not adapt as the positions limiting acceptance change during training. To address this, we derive per-position training weights from a differentiable surrogate of expected accepted draft length, matching the weight of each position to its log-probability gradient contribution. The resulting loss, D-PACE (Dynamic Position-Aware Cross-Entropy), shifts training signal toward positions that currently limit acceptance as the drafter improves. Across six benchmarks, two Qwen3-4B draft depths, two decoding temperatures, and two additional target models, D-PACE consistently improves both wall-clock speedup and average emitted length, with 2.3\% measured training-time overhead and no changes to the drafter architecture or inference procedure.

In this paper we present the initial design of Minerva consensus protocol for Truechain and other technical details. Currently, it is widely believed in the blockchain community that a public chain cannot simultaneously achieve high performance, decentralization and security. This is true in the case of a Nakamoto chain (low performance) or a delegated proof of stake chain (partially centralized), which are the most popular block chain solutions at time of writing. Our consensus design enjoys the same consistency, liveness, transaction finality and security guarantee, a de-facto with the Hybrid Consensus. We go on to propose the idea of a new virtual machine on top of Ethereum which adds permissioned-chain based transaction processing capabilities in a permissionless setting. We also use the idea of data sharding and speculative transactions, and evaluation of smart contracts in a sharding friendly virtual machine. Finally, we will briefly discuss our fundamentally ASIC resistant mining algorithm, Truehash.

Cascades and speculative decoding are two common approaches to improving language models' inference efficiency. Both approaches involve interleaving models of different sizes, but via fundamentally distinct mechanisms: cascades employ a deferral rule that invokes the larger model only for "hard" inputs, while speculative decoding uses speculative execution to primarily invoke the larger model in parallel verification mode. These mechanisms offer different benefits: empirically, cascades offer better cost-quality trade-offs, often even outperforming the large model, while theoretically, speculative decoding offers a guarantee of quality-neutrality. In this paper, we leverage the best of both these approaches by designing new speculative cascading techniques that implement their deferral rule through speculative execution. We characterize the optimal deferral rule for our speculative cascades, and employ a plug-in approximation to the optimal rule. Experiments with Gemma and T5 models on a range of language benchmarks show that our approach yields better cost quality trade-offs than cascading and speculative decoding baselines.

Inference of Large Language Models (LLMs) across computer clusters has become a focal point of research in recent times, with many acceleration techniques taking inspiration from CPU speculative execution. These techniques reduce bottlenecks associated with memory bandwidth, but also increase end-to-end latency per inference run, requiring high speculation acceptance rates to improve performance. Combined with a variable rate of acceptance across tasks, speculative inference techniques can result in reduced performance. Additionally, pipeline-parallel designs require many user requests to maintain maximum utilization. As a remedy, we propose PipeInfer, a pipelined speculative acceleration technique to reduce inter-token latency and improve system utilization for single-request scenarios while also improving tolerance to low speculation acceptance rates and low-bandwidth interconnects. PipeInfer exhibits up to a 2.15times improvement in generation speed over standard speculative inference. PipeInfer achieves its improvement through Continuous Asynchronous Speculation and Early Inference Cancellation, the former improving latency and generation speed by running single-token inference simultaneously with several speculative runs, while the latter improves speed and latency by skipping the computation of invalidated runs, even in the middle of inference.

Parallel Speculative Decoding (PSD) accelerates traditional Speculative Decoding (SD) by overlapping draft generation with verification. However, it remains hampered by two fundamental challenges: (1) a theoretical speedup ceiling dictated by the speed ratio between the draft and target models, and (2) high computational waste and pipeline stall due to mid-sequence token rejections of early errors. To address these limitations, we introduce Double (Double Retrieval Speculative Parallelism). By bridging the gap between SD and PSD, our framework resolves the Retrieval Precision-Efficiency Dilemma through a novel synchronous mechanism. Specifically, we enable the draft model to execute iterative retrieval speculations to break the theoretical speedup limits; to alleviate rejections without rollback, the target model performs authoritative retrieval to generate multi-token guidance. Double is entirely training-free and lossless. Extensive experiments demonstrate state-of-the-art speedup of 5.3times on LLaMA3.3-70B and 2.8times on Qwen3-32B, significantly outperforming the advanced method EAGLE-3 that requires extensive model training.

Verification is a key bottleneck in improving inference speed while maintaining distribution fidelity in Speculative Decoding. Recent work has shown that sequence-level verification leads to a higher number of accepted tokens compared to token-wise verification. However, existing solutions often rely on surrogate approximations or are constrained by partial information, struggling with joint intractability. In this work, we propose Hierarchical Speculative Decoding (HSD), a provably lossless verification method that significantly boosts the expected number of accepted tokens and overcomes joint intractability by balancing excess and deficient probability mass across accessible branches. Our extensive large-scale experiments demonstrate that HSD yields consistent improvements in acceptance rates across diverse model families and benchmarks. Moreover, its strong explainability and generality make it readily integrable into a wide range of speculative decoding frameworks. Notably, integrating HSD into EAGLE-3 yields over a 12% performance gain, establishing state-of-the-art decoding efficiency without compromising distribution fidelity. Code is available at https://github.com/ZhouYuxuanYX/Hierarchical-Speculative-Decoding.

Multi-path speculative decoding accelerates lossless sampling from a target model by using a cheaper draft model to generate a draft tree of tokens, and then applies a verification algorithm that accepts a subset of these. While prior work has proposed various verification algorithms for i.i.d rollouts, their relative performance under matched settings remains unclear. In this work, we firstly present a systematic evaluation of verification strategies across model families, tasks, and sampling regimes, and find that Traversal Verification dominates consistently, with OT-based methods lagging far behind. Our analysis uncovers that this occurs because OT-based methods achieve high multi-token acceptance near the root of the draft tree, while multi-token gains are most impactful deeper in the draft tree, where draft and target distributions diverge. Based on this insight, we propose delayed tree expansion, which drafts a partial single path, delaying the i.i.d. branching point. We show that delayed tree expansion preserves the target distribution and improves on root-node i.i.d rollouts. Further, we develop a dynamic neural selector that estimates the expected block efficiency of optimal-transport-based verification methods from draft and target features, enabling context-dependent expansion decisions. Our neural selector allows OT-based methods like SpecInfer to outperform Traversal Verification for the first time, achieving 5% higher average throughput across a wide range of models, datasets, and sampling settings.

Diffusion large language models (DLLMs) generate text through iterative block denoising, and multi-branch speculative decoding accelerates this process by verifying a main branch together with multiple draft branches in a single forward pass. While prior DLLM acceleration methods primarily exploit temporal redundancy across denoising steps, we identify a complementary redundancy axis within each speculative verification step: multi-branch computational redundancy. During speculative verification, draft branches inherit most tokens from their parents while unmasking a small set of additional positions, causing large portions of hidden states to remain highly similar across branches. We propose SpecFold, an algorithm-system co-design that exploits this multi-branch redundancy to reduce the cost of multi-branch speculative verification. Algorithmically, SpecFold performs token-level residual gating and selectively reuses parent computation through folded attention and FFN while preserving residual hidden states. Systemically, a Triton kernel implementation translates this fine-grained reuse into end-to-end throughput gains through efficient sparse multi-branch execution. SpecFold is orthogonal to temporal caching and compatible with existing DLLM speculation strategies. Across two DLLM families, five models, and five standard benchmarks, SpecFold achieves up to 1.64x throughput over Spiffy and up to 1.99x over vanilla decoding, while maintaining comparable task performance.

Long video generation is a critical step toward building realistic world models, requiring both high visual fidelity and long-range interaction consistency. Recent autoregressive diffusion models enable long-horizon generation through KV cache reuse, yet suffer from two fundamental challenges: failure to preserve long-range interactions due to sliding-window KV cache and error accumulation that progressively degrades generation quality over time. To address these issues, we propose BIFE, a framework that introduces a semantic sparse KV cache for retrieval-based long-range conditioning and a Block Forcing training strategy to enforce cross-block consistency. Together, these designs preserve historical interactions while mitigating drift, enabling stable and coherent minute-long video generation. We also introduce InterVBench, a minute-long video benchmark with fine-grained block-level annotations and Video Drift Error metrics. Extensive experiments on InterVBench and VBench-Long demonstrate that BIFE achieves state-of-the-art performance, including a 22.2% improvement on VDE-Subject and a 19.4% improvement on VDE-Clarity over baselines. Website: https://alibaba-damo-academy.github.io/BIFE. Code: https://github.com/alibaba-damo-academy/BIFE.

Speculative Decoding (SD) accelerates low-concurrency LLM inference by employing a draft-then-verify paradigm. However, mainstream methods typically rely on multi-token prediction, which introduces escalating prediction difficulty and serial drafting latency. To address these, we propose Speculative Pipeline Decoding (SPD), a groundbreaking framework that unlocks the true potential of pipeline parallelism. By partitioning the target LLM into n pipeline stages, SPD allows LLM to process n tokens in parallel to accelerate decoding. To continuous fill the pipeline in single sequence decoding, a speculation module aggregates intermediate features across different pipeline depths to predict the next token, executing strictly in parallel with the target model's pipeline step, to realize bounded difficulty, higher acceptance rates, and zero latency bubbles. Our experiments demonstrate that SPD achieves a significantly higher theoretical speedup compared to mainstream baselines, offering a highly scalable solution for LLM decoding acceleration. Our code is available at https://github.com/yuyijiong/speculative_pipeline_decoding

Speculative decoding accelerates LLM inference by using a draft model to look ahead, but gains are capped by the cost of autoregressive draft generation: increasing draft size elevates acceptance rates but introduces additional latency overhead exacerbating the speed-accuracy tradeoff. Prior methods (Medusa, Hydra, EAGLE) partially reduce draft cost but either degrade acceptance or introduce overheads that limit scaling. We present Mirror Speculative Decoding (Mirror-SD), an inference algorithm that breaks the latency-acceptance tradeoff. Mirror-SD launches branch-complete rollouts from early-exit signals in parallel with the target model's suffix and explicitly maps computation across heterogeneous accelerators (GPU and NPU) to exploit cross-device parallelism. The draft speculates forward continuations for the target to verify, while the target simultaneously speculates correction paths for the draft, converting speculation into two complementary execution pipelines. To further cut draft latency without weakening acceptance semantics, we add speculative streaming so the draft emits multiple tokens per step. This dual strategy of parallel heterogeneous execution plus multi-token speculative streaming pushes speculative decoding toward its ideal regime of high acceptance with low overhead. On SpecBench with server-scale models from 14B to 66B parameters, Mirror-SD delivers consistent end-to-end gains, achieving 2.8x-5.8x wall-time speedups across diverse tasks and a 30% average relative improvement over the strongest baseline, EAGLE3.

We propose a novel speculative decoding method tailored for multi-sample reasoning scenarios, such as self-consistency and Best-of-N sampling. Our method exploits the intrinsic consensus of parallel generation paths to synthesize high-quality draft tokens without requiring auxiliary models or external databases. By dynamically analyzing structural patterns across parallel reasoning paths through a probabilistic aggregation mechanism, it identifies consensus token sequences that align with the decoding distribution. Evaluations on mathematical reasoning benchmarks demonstrate a substantial improvement in draft acceptance rates over baselines, while reducing the latency in draft token construction. This work establishes a paradigm shift for efficient multi-sample inference, enabling seamless integration of speculative decoding with sampling-based reasoning techniques.

This definitive research memoria presents a comprehensive, mathematically verified paradigm for neural communication with Bitcoin mining Application-Specific Integrated Circuits (ASICs), integrating five complementary frameworks: thermodynamic reservoir computing, hierarchical number system theory, algorithmic analysis, network latency optimization, and machine-checked mathematical formalization. We establish that obsolete cryptocurrency mining hardware exhibits emergent computational properties enabling bidirectional information exchange between AI systems and silicon substrates. The research program demonstrates: (1) reservoir computing with NARMA-10 Normalized Root Mean Square Error (NRMSE) of 0.8661; (2) the Thermodynamic Probability Filter (TPF) achieving 92.19% theoretical energy reduction; (3) the Virtual Block Manager achieving +25% effective hashrate; and (4) hardware universality across multiple ASIC families including Antminer S9, Lucky Miner LV06, and Goldshell LB-Box. A significant contribution is the machine-checked mathematical formalization using Lean 4 and Mathlib, providing unambiguous definitions, machine-verified theorems, and reviewer-proof claims. Key theorems proven include: independence implies zero leakage, predictor beats baseline implies non-independence (the logical core of TPF), energy savings theoretical maximum, and Physical Unclonable Function (PUF) distinguishability witnesses. Vladimir Veselov's hierarchical number system theory explains why early-round information contains predictive power. This work establishes a new paradigm: treating ASICs not as passive computational substrates but as active conversational partners whose thermodynamic state encodes exploitable computational information.

This paper presents Block, a distributed scheduling framework designed to optimize load balancing and auto-provisioning across instances in large language model serving frameworks by leveraging contextual information from incoming requests. Unlike popular model serving systems that rely on monolithic and heuristic task schedulers, Block operates as a fully distributed, stateless, and predictive scheduling system to achieve low overhead, reliability, and scalability. It leverages the deterministic and predictable characteristics of LLM inferences, such as host configurations, response lengths, and hardware performance, to make scheduling decisions based on accurately predicted metrics. Evaluation on a 12 GPUs cluster shows that Block significantly outperforms heuristic schedulers, boosting serving capacity by up to 16.7\% and reducing P99 tail latency by up to 49.5\%. These performance gains remain consistent across diverse models, workloads and configurations. Code and data are open-sourced.

Block drafters for speculative decoding are commonly trained on corpora written by external models, where a single off-policy token invalidates supervision for all subsequent slots in a block. Existing approaches discard these divergent slots, resulting in severe supervision loss. To resolve this problem while preserving the training corpus, we propose a rollout-based training framework that recovers full supervision through two complementary components. The first component, Anchor-Label Relabelling (ALR), replaces corpus labels with distributions from greedy target rollouts, restoring valid supervision across all predicted slots. The second component, In-Rollout Anchors (IRA), places draft blocks directly inside these rollouts to expose the drafter to target-generated context, reusing precomputed rollout features at no additional target cost. Across fixed vision-language and text corpora, our framework increases greedy accepted length by up to 36.5% over DFlash and consistently outperforms erasing baselines. Notably, a single epoch of our method surpasses the best erase schedules. After three epochs, it matches the acceptance length of training on target-regenerated responses. These results show that our framework provides an effective and compute-efficient approach for training speculative drafters on fixed corpora without modifying the original text. Code is available at https://github.com/js-lee-AI/ALR-IRA.

We develop and counterfactually evaluate a resolution-aware risk-design framework (PIRAP) for perpetual futures whose underlying tracks a single binary prediction-market probability through resolution. The framework specifies six components: an index estimator combining mid-price, depth-weighted mid, and time-decayed VWAP; jump-aware tiered margin sized against bounded-event terminal-collapse magnitude; leverage compression schedule contracting toward resolution; resolution-aware funding rule with boundary-aware correction; a multi-stage halt protocol; and an eligibility framework. Two formal non-portability propositions establish that standard basis-only funding paired with continuous-vol static margin fails on bounded-event underlyings. Empirical evaluation uses Polymarket's PMXT v2 archive for 2026-04-21 to 2026-04-27 (13,298-market analysis sample passing adequacy gates from 61,087 ingested; 13,115 resolved within the empirical window for E3). E1 evaluates two pre-registered stylized facts; E2 conducts counterfactual replay across three engine configurations; E3 isolates the resolution-zone protocol's contribution. Results are mixed. Five pre-registered floors: stylized-fact floors (boundary depth asymmetry, terminal-jump magnitude) PASS; welfare-side directional floors (final-hour liquidation -6%, drawdown -5.1% pooled, median PnL +14%) two FAIL one PASS; E3 mechanic floors (final-hour liquidation -80% by halt construction PASS; bad-debt frequency +2.4% FAIL). Three of five materiality floors fail: the framework as specified does not validate deployment, but the empirical record establishes a halt-versus-margin scope distinction (halt addresses execution-channel risk; terminal-jump bad-debt remains margin-side) and documents a pre-emption trade-off constraining the dynamic-margin component. The paper concludes with structural recommendations and explicit non-deployable status.

Parallel speculative drafting generates multiple candidates in one backbone pass, but independent token selection can produce inconsistent continuations that shorten the accepted prefix. Existing methods mostly leave conditional decoding to a lightweight module after the backbone, which limits the flow of predecessor information to successors. Our analysis of DFlash shows that early positions already form recoverable predictions in shallow layers, and that accurate adjacent predecessors help successors more when they enter earlier. We therefore propose DSpine, a drafter with causal conditioning injection throughout the backbone: at every layer, gated adjacent injection writes each predecessor's predicted feature into its successor, so the causal conditioning chain unfolds over network depth while all positions update in parallel. A unified transfer space built from the target model's output embeddings unifies layer-wise injection with predecessor-conditioned decoding, and layer-wise output-embedding supervision promotes the formation of predicted features in shallow layers. Fused kernels and a transition cache execute both efficiently in parallel within SGLang. Across seven math, code, and chat benchmarks, DSpine achieves the longest acceptance length at both temperatures on Qwen3-4B and Qwen3-8B. At temperature zero on Qwen3-8B, it raises the seven-benchmark mean from DFlash's 3.77 to 4.82 (+27.8%); in SGLang serving tests, it delivers 23.3% higher throughput than DFlash on average.

Speculative decoding (SD) is a widely adopted approach for accelerating inference in large language models (LLMs), particularly when the draft and target models are well aligned. However, state-of-the-art SD methods typically rely on tightly coupled, self-attention-based Transformer decoders, often augmented with auxiliary pooling or fusion layers. This coupling makes them increasingly complex and harder to generalize across different models. We present Budget EAGLE (Beagle), the first, to our knowledge, cross-attention-based Transformer decoder SD model that achieves performance on par with leading self-attention SD models (EAGLE-v2) while eliminating the need for pooling or auxiliary components, simplifying the architecture, improving training efficiency, and maintaining stable memory usage during training-time simulation. To enable effective training of this novel architecture, we propose Two-Stage Block-Attention Training, a new method that achieves training stability and convergence efficiency in block-level attention scenarios. Extensive experiments across multiple LLMs and datasets show that Beagle achieves competitive inference speedups and higher training efficiency than EAGLE-v2, offering a strong alternative for architectures in speculative decoding.

Autoregressive (AR) models have achieved remarkable success in image synthesis, yet their sequential nature imposes significant latency constraints. Speculative Decoding offers a promising avenue for acceleration, but existing approaches are limited by token-level ambiguity and lack of spatial awareness. In this work, we introduce Multi-Scale Local Speculative Decoding (MuLo-SD), a novel framework that combines multi-resolution drafting with spatially informed verification to accelerate AR image generation. Our method leverages a low-resolution drafter paired with learned up-samplers to propose candidate image tokens, which are then verified in parallel by a high-resolution target model. Crucially, we incorporate a local rejection and resampling mechanism, enabling efficient correction of draft errors by focusing on spatial neighborhoods rather than raster-scan resampling after the first rejection. We demonstrate that MuLo-SD achieves substantial speedups - up to 1.7times - outperforming strong speculative decoding baselines such as EAGLE-2 and LANTERN in terms of acceleration, while maintaining comparable semantic alignment and perceptual quality. These results are validated using GenEval, DPG-Bench, and FID/HPSv2 on the MS-COCO 5k validation split. Extensive ablations highlight the impact of up-sampling design, probability pooling, and local rejection and resampling with neighborhood expansion. Our approach sets a new state-of-the-art in speculative decoding for image synthesis, bridging the gap between efficiency and fidelity.

RL post-training of frontier language models is increasingly bottlenecked by autoregressive rollout generation, making rollout acceleration a central systems challenge. Many existing efficiency methods improve throughput by changing the rollout or optimization regime, for example, through off-policy execution, replay, or lower-precision generation. We study speculative decoding as a lossless acceleration primitive for RL rollouts that preserves the target model's output distribution. We implement speculative decoding in NeMo-RL with a vLLM backend, supporting both synchronous and asynchronous pipelines and enabling speculation during RL rollouts. This benefit is realizable across speculation mechanisms, such as pretrained MTP heads, small external draft models or even techniques such as Eagle3, which are traditionally applied after RL phase. This yields a deployment path for state-of-the-art speculative decoding inside RL training. In a reasoning post-training workload at 8B scale under synchronous RL, speculative decoding improves rollout throughput by 1.8x. Using a high-fidelity performance simulator, we project that combining speculative decoding with asynchronous RL yields up to 2.5x end-to-end training speedup at 235B scale.

Graphics processing unit (GPU) architectures are growing in size to meet the increasing compute and memory requirements. As GPU sizes increase, intra-socket wire transfer delay increases significantly. While previous research has optimized for compute and memory locality within a socket, the spatial impact on inter-GPU communication has not been well-studied. We introduce the term non-uniform network access (NUNA) to describe this emerging optimization dimension in multi-GPU systems. We specifically focus on latency-sensitive collective communication, common in machine learning inference. First, we highlight the need for NUNA-aware routing (NAR), choosing optimized, spatially-aware inter-GPU paths in large scale-up network topologies. Second, we introduce NUNA-aware placement (NAP), placing threadblocks and data near I/O to optimize the inter-GPU traffic. We demonstrate that the NAP optimizations alone offer up to 1.5x collective speedups over a locality-unaware baseline. Combining NAP with NAR yields up to 1.8x faster collectives over the locality-unaware baseline. This leads to 7% mean (28% max) time per output token speedup in machine learning inference.

Existing methods, such as concept bottleneck models (CBMs), have been successful in providing concept-based interpretations for black-box deep learning models. They typically work by predicting concepts given the input and then predicting the final class label given the predicted concepts. However, (1) they often fail to capture the high-order, nonlinear interaction between concepts, e.g., correcting a predicted concept (e.g., "yellow breast") does not help correct highly correlated concepts (e.g., "yellow belly"), leading to suboptimal final accuracy; (2) they cannot naturally quantify the complex conditional dependencies between different concepts and class labels (e.g., for an image with the class label "Kentucky Warbler" and a concept "black bill", what is the probability that the model correctly predicts another concept "black crown"), therefore failing to provide deeper insight into how a black-box model works. In response to these limitations, we propose Energy-based Concept Bottleneck Models (ECBMs). Our ECBMs use a set of neural networks to define the joint energy of candidate (input, concept, class) tuples. With such a unified interface, prediction, concept correction, and conditional dependency quantification are then represented as conditional probabilities, which are generated by composing different energy functions. Our ECBMs address both limitations of existing CBMs, providing higher accuracy and richer concept interpretations. Empirical results show that our approach outperforms the state-of-the-art on real-world datasets.

Per-ticker forecasting models dominate financial time-series work yet remain blind to cross-company propagation: a foundry disruption in Taiwan does not register in a single-asset model until Apple's own price has already moved. To address this limitation, we introduce a heterogeneous Rust-Python streaming architecture that maps cross-company attention as a continuous-time graph driven directly from text. We show that on the ingestion side, a zero-copy Rust edge parses news records in sim100 ns and scans the target equity universe in sim1.2 μs. On the inference end, a multivariate Neural Hawkes Process featuring per-node continuous-time LSTM states and a bilinear latent projection propagates directed excitation, while an adaptive pruning rule bounds the computational cost of dynamic neighborhood updates. Combining these stages, we demonstrate an end-to-end processing latency of sim13 ms per incoming news record on a single commodity CPU. Evaluated on a one-month temporal holdout of the FNSPID corpus (638 articles across 47 tickers), the system delivers a 1.70times precision lift over random at the 90th-percentile next-day return threshold, and 3.36times over a same-sector baseline. Crucially, removing the graph topology collapses precision to zero, confirming that the dynamic attention network is the sole driver of cross-company signal in this architecture.

Speculative decoding has emerged as a powerful method to improve latency and throughput in hosting large language models. However, most existing implementations focus on generating a single sequence. Real-world generative AI applications often require multiple responses and how to perform speculative decoding in a batched setting while preserving its latency benefits poses non-trivial challenges. This paper describes a system of batched speculative decoding that sets a new state of the art in multi-sequence generation latency and that demonstrates superior GPU utilization as well as quality of generations within a time budget. For example, for a 7.8B-size model on a single A100 GPU and with a batch size of 8, each sequence is generated at an average speed of 5.8ms per token, the overall throughput being 1.1K tokens per second. These results represent state-of-the-art latency and a 2.15X speed-up over optimized regular decoding. Within a time budget that regular decoding does not finish, our system is able to generate sequences with HumanEval Pass@First of 43% and Pass@All of 61%, far exceeding what's feasible with single-sequence speculative decoding. Our peak GPU utilization during decoding reaches as high as 15.8%, more than 3X the highest of that of regular decoding and around 10X of single-sequence speculative decoding.

Bitcoin, with its ever-growing popularity, has demonstrated extreme price volatility since its origin. This volatility, together with its decentralised nature, make Bitcoin highly subjective to speculative trading as compared to more traditional assets. In this paper, we propose a multimodal model for predicting extreme price fluctuations. This model takes as input a variety of correlated assets, technical indicators, as well as Twitter content. In an in-depth study, we explore whether social media discussions from the general public on Bitcoin have predictive power for extreme price movements. A dataset of 5,000 tweets per day containing the keyword `Bitcoin' was collected from 2015 to 2021. This dataset, called PreBit, is made available online. In our hybrid model, we use sentence-level FinBERT embeddings, pretrained on financial lexicons, so as to capture the full contents of the tweets and feed it to the model in an understandable way. By combining these embeddings with a Convolutional Neural Network, we built a predictive model for significant market movements. The final multimodal ensemble model includes this NLP model together with a model based on candlestick data, technical indicators and correlated asset prices. In an ablation study, we explore the contribution of the individual modalities. Finally, we propose and backtest a trading strategy based on the predictions of our models with varying prediction threshold and show that it can used to build a profitable trading strategy with a reduced risk over a `hold' or moving average strategy.

Speculative decoding accelerates large language model (LLM) inference by using a small draft model to propose candidate tokens that a larger target model verifies. A critical hyperparameter in this process is the speculation length γ, which determines how many tokens the draft model proposes per step. Nearly all existing systems use a fixed γ (typically 4), yet empirical evidence suggests that the optimal value varies across task types and, crucially, depends on the compression level applied to the target model. In this paper, we present SpecKV, a lightweight adaptive controller that selects γ per speculation step using signals extracted from the draft model itself. We profile speculative decoding across 4 task categories, 4 speculation lengths, and 3 compression levels (FP16, INT8, NF4), collecting 5,112 step-level records with per-step acceptance rates, draft entropy, and draft confidence. We demonstrate that the optimal γ shifts across compression regimes and that draft model confidence and entropy are strong predictors of acceptance rate (correlation approx 0.56). SpecKV uses a small MLP trained on these signals to maximize expected tokens per speculation step, achieving a 56.0% improvement over the fixed-γ=4 baseline with only 0.34 ms overhead per decision (<0.5% of step time). The improvement is statistically significant (p < 0.001, paired bootstrap test). We release all profiling data, trained models, and notebooks as open-source artifacts.

Block-causal video generation faces a stark speed-quality trade-off: small 1.3B models manage only 16 FPS while large 14B models crawl at 4.5 FPS, forcing users to choose between responsiveness and quality. Block Cascading significantly mitigates this trade-off through training-free parallelization. Our key insight: future video blocks do not need fully denoised current blocks to begin generation. By starting block generation with partially denoised context from predecessors, we transform sequential pipelines into parallel cascades where multiple blocks denoise simultaneously. With 5 GPUs exploiting temporal parallelism, we achieve ~2x acceleration across all model scales: 1.3B models accelerate from 16 to 30 FPS, 14B models from 4.5 to 12.5 FPS. Beyond inference speed, Block Cascading eliminates overhead from KV-recaching (of ~200ms) during context switches for interactive generation. Extensive evaluations validated against multiple block-causal pipelines demonstrate no significant loss in generation quality when switching from block-causal to Block Cascading pipelines for inference. Project Page: https://hmrishavbandy.github.io/block_cascading_page/

We present a hardware-oriented description of GoldenFloat (GF), a static-split floating-point family generated by a single closed rule, and three concrete artefacts: (i) an open multi-width RTL generator covering GF4-GF256 with a continuous-integration differential sweep against a correctly-rounded reference; (ii) an integer-backed Lucas-exact accumulator path verified at 500-digit precision for n = 1, ..., 256; and (iii) a GF16 FPGA codec passing a 35-of-35 testbench at 323 MHz on Artix-7 (Xilinx XC7A35T). For each total width N >= 4, the exponent width is e = round((N-1)/phi^2) with fraction f = N-1-e and phi = (1+sqrt(5))/2. The rule reproduces the realised exponent widths of nine formats (9/9) and extends consistently to GF128, GF512, GF1024. The rule is positioned alongside posit, takum, OCP-MX, and the IEEE P3109 multi-width float draft. We make no per-rung accuracy or superiority claim against any of them. The breadth/toolchain-coherence framing is recorded as an open conjecture with a pre-registered falsification path. A falsification ledger (FL-002) records open questions and the experiments that would settle them. An RTL-correctness erratum dated 2026-05-31 is reported; the fabricated TTSKY26b dies carry the defective multiplier portfolio, and the corrected generator is the regeneration baseline.

Speculative decoding is a technique that uses multiple language models to accelerate infer- ence. Previous works have used an experi- mental approach to optimize the throughput of the inference pipeline, which involves LLM training and can be costly. This study of spec- ulative decoding proposes a theory that ana- lytically connects the key hyperparameters of pre-trained LLMs to the throughput efficiency of a downstream SD-based inference system. The theory allows the prediction of throughput- optimal hyperparameters for the components of an inference system before their pre-training.

Reducing the inference latency of large language models (LLMs) is crucial, and speculative decoding (SD) stands out as one of the most effective techniques. Rather than letting the LLM generate all tokens directly, speculative decoding employs effective proxies to predict potential outputs, which are then verified by the LLM without compromising the generation quality. Yet, deploying SD in real online LLM serving systems (with continuous batching) does not always yield improvement -- under higher request rates or low speculation accuracy, it paradoxically increases latency. Furthermore, there is no best speculation length work for all workloads under different system loads. Based on the observations, we develop a dynamic framework SmartSpec. SmartSpec dynamically determines the best speculation length for each request (from 0, i.e., no speculation, to many tokens) -- hence the associated speculative execution costs -- based on a new metric called goodput, which characterizes the current observed load of the entire system and the speculation accuracy. We show that SmartSpec consistently reduces average request latency by up to 3.2x compared to non-speculative decoding baselines across different sizes of target models, draft models, request rates, and datasets. Moreover, SmartSpec can be applied to different styles of speculative decoding, including traditional, model-based approaches as well as model-free methods like prompt lookup and tree-style decoding.

Speculative decoding (SD), where an extra draft model is employed to provide multiple draft tokens first and then the original target model verifies these tokens in parallel, has shown great power for LLM inference acceleration. However, existing SD methods suffer from the mutual waiting problem, i.e., the target model gets stuck when the draft model is guessing tokens, and vice versa. This problem is directly incurred by the asynchronous execution of the draft model and the target model, and is exacerbated due to the fixed draft length in speculative decoding. To address these challenges, we propose a conceptually simple, flexible, and general framework to boost speculative decoding, namely Parallel spEculative decoding with Adaptive dRaft Length (PEARL). Specifically, PEARL proposes pre-verify to verify the first draft token in advance during the drafting phase, and post-verify to generate more draft tokens during the verification phase. PEARL parallels the drafting phase and the verification phase via applying the two strategies, and achieves adaptive draft length for different scenarios, which effectively alleviates the mutual waiting problem. Moreover, we theoretically demonstrate that the mean accepted tokens of PEARL is more than existing draft-then-verify works. Experiments on various text generation benchmarks demonstrate the effectiveness of our \name, leading to a superior speedup performance up to 3.79times and 1.52times, compared to auto-regressive decoding and vanilla speculative decoding, respectively.

Speculative reasoning has recently been proposed as a means to accelerate reasoning-intensive generation in large multimodal models, but its effectiveness is often constrained by misalignment between speculative drafts and target-verified reasoning. In this work, we introduce DREAM-R, a framework that substantially improves the performance of speculative reasoning. At its core, DREAM-R employs Speculative Alignment Policy Optimization (SAPO), a reinforcement-learning objective that trains draft models to generate reasoning steps that are both faithful to target trajectories and concise. We further propose a Threshold-based Verification Mechanism (TBVM) that uses a ratio-based criterion to provide stable and interpretable acceptance of speculative steps only when positive evidence clearly dominates, thereby preventing error propagation. Building on these components, we develop a Fully Parallel Speculative Reasoning (FPSR) framework that parallelizes draft generation, target-side reasoning, and verification across multi-step reasoning, enabling early stopping and clean fallback. Experiments on reasoning-heavy benchmarks demonstrate up to speedup while preserving target-model accuracy, yielding substantial efficiency gains without compromising reasoning quality.

Speculative decoding accelerates autoregressive inference by verifying multiple draft tokens in a single target forward pass. However, as the context grows, existing state-of-the-art drafters become increasingly expensive, eroding the very efficiency advantage they are designed to provide. We argue that this scaling is unnecessary. A standalone language model must grow with its prefix because it is solely responsible for every token it produces. A drafter, by contrast, only proposes candidates; the target catches and corrects every error before any token is committed. The drafter's decoding cost can therefore be made entirely independent of the prefix length. We introduce LongSpark, a block-diffusion drafter that achieves this by extracting fixed-size, multiscale views from the target's verification pass, thereby eliminating the need for a growing persistent state. Extensive evaluations demonstrate that LongSpark achieves state-of-the-art end-to-end efficiency across multiple model scales and realistic serving conditions. Notably, it delivers the lowest time-per-output-token on long-context tasks while reducing the drafter's context state by several orders of magnitude.

Speculative decoding (SD) is a powerful technique for accelerating the inference process of large language models (LLMs) without sacrificing accuracy. Typically, SD employs a small draft model to generate a fixed number of draft tokens, which are then verified in parallel by the target model. However, our experiments reveal that the optimal draft length varies significantly across different decoding steps. This variation suggests that using a fixed draft length limits the potential for further improvements in decoding speed. To address this challenge, we propose Pacer, a novel approach that dynamically controls draft length using a lightweight, trainable pre-verification layer. This layer pre-verifies draft tokens blockwise before they are sent to the target model, allowing the draft model to stop token generation if the blockwise pre-verification fails. We implement Pacer on multiple SD model pairs and evaluate its performance across various benchmarks. Our results demonstrate that Pacer achieves up to 2.66x Speedup over autoregressive decoding and consistently outperforms standard speculative decoding. Furthermore, when integrated with Ouroboros, Pacer attains up to 3.09x Speedup.

Large Language Models (LLMs), prominently highlighted by the recent evolution in the Generative Pre-trained Transformers (GPT) series, have displayed significant prowess across various domains, such as aiding in healthcare diagnostics and curating analytical business reports. The efficacy of GPTs lies in their ability to decode human instructions, achieved through comprehensively processing historical inputs as an entirety within their memory system. Yet, the memory processing of GPTs does not precisely emulate the hierarchical nature of human memory. This can result in LLMs struggling to prioritize immediate and critical tasks efficiently. To bridge this gap, we introduce an innovative LLM multi-agent framework endowed with layered memories. We assert that this framework is well-suited for stock and fund trading, where the extraction of highly relevant insights from hierarchical financial data is imperative to inform trading decisions. Within this framework, one agent organizes memory into three distinct layers, each governed by a custom decay mechanism, aligning more closely with human cognitive processes. Agents can also engage in inter-agent debate. In financial trading contexts, LLMs serve as the decision core for trading agents, leveraging their layered memory system to integrate multi-source historical actions and market insights. This equips them to navigate financial changes, formulate strategies, and debate with peer agents about investment decisions. Another standout feature of our approach is to equip agents with individualized trading traits, enhancing memory diversity and decision robustness. These sophisticated designs boost the system's responsiveness to historical trades and real-time market signals, ensuring superior automated trading accuracy.

Speculative decoding accelerates Large Language Model (LLM) inference by decoupling draft generation from target verification. While recent parallel drafters efficiently propose long token sequences in a single forward pass, they suffer from rapid acceptance decay due to a lack of inter-token dependencies. Furthermore, indiscriminately verifying these extended blocks wastes critical batch capacity on tokens with high rejection risks, severely degrading throughput in high-concurrency serving systems. We introduce DSpark, a speculative decoding framework that unifies high-throughput parallel generation with adaptive, load-aware verification. To maintain draft quality, DSpark utilizes a semi-autoregressive architecture, coupling a parallel backbone with a lightweight sequential module, to introduce intra-block dependency modeling and mitigate suffix decay. To optimize system efficiency, DSpark employs confidence-scheduled verification, dynamically tailoring the verification length for each request based on estimated prefix survival probabilities and engine-specific throughput profiles. On offline benchmarks across diverse domains, DSpark substantially improves the accepted length over state-of-the-art autoregressive and parallel drafters. When deployed within the DeepSeek-V4 serving system under live user traffic, DSpark successfully mitigates verification waste. Compared to the established production baseline (MTP-1), DSpark accelerates per-user generation speeds by 60 to 85 percent at matched throughput levels. More importantly, by preventing severe throughput degradation under strict interactivity constraints, it enables performance tiers that were previously unattainable, shifting the Pareto frontier of our serving system.

Cryptocurrency price prediction is a significant challenge in quantitative investment. In recent years, time series models have made significant progress in financial forecasting tasks, especially in the stock market. Despite the growing performance over the past few years, we question the validity of this line of research in cryptocurrency prediction. Specifically, time series models (e.g., LSTM, GRU, and Transformers) are effective at extracting temporal relationships in stock market data. However, in pure price-based cryptocurrency prediction, facing data with extreme volatility and wild swings, time series models have difficulty learning effective information. To validate our claim, we propose CryptoGAT, a lightweight Graph Attention Network that recasts cryptocurrency pure price prediction as a cross-asset graph problem rather than a temporal modeling task. Extensive experiments on real cryptocurrency benchmarks demonstrate that our proposed CryptoGAT outperforms various state-of-the-art forecasting methods with a notable margin. Moreover, we conduct comprehensive empirical studies to explore the fundamental differences exposed by time series models in stock and cryptocurrency prediction: differences in predictability of the signal and cross-asset dependencies. This finding opens up new research directions for the cryptocurrency pure price prediction task and inspires further graph-based exploration in the field. The source code is available at https://github.com/FanBroWell/CryptoGAT

Research and applications in Machine Learning are limited by computational resources, while 1% of the world's electricity goes into calculating 34 billion billion SHA-256 hashes per second, four orders of magnitude more than the 200 petaflop power of the world's most powerful supercomputer. The work presented here describes how a simple soft fork on Bitcoin can adapt these incomparable resources to a global distributed computer. By creating an infrastructure and ledger fully compatible with blockchain technology, the hashes can be replaced with stochastic optimizations such as Deep Net training, inverse problems such as GANs, and arbitrary NP computations.

Trader-facing dynamic fees are increasingly proposed for automated market makers (AMMs), but historical data do not identify how order flow would respond: trader-facing fees do not vary, trader types are latent, and a replayed tape is not a sequential decision environment. We therefore construct a minimal closed-loop simulator in which the missing signal exists by construction: two constant-product pools repriced by an equilibrium-inspired dynamic-fee rule, fee-sensitive noise flow, and closed-form CEX--AMM arbitrage. Equilibrium is used as a closure principle, not as an object the trader learns. Against a tuned benchmark ladder of schedule, planning, lookahead, and tabular policies, a small DQN is the only evaluated valid policy whose paired improvement over tuned one-step routing excludes zero. On a reserved final block of 1{,}000 seeds with completion forced to 1.0 for every policy, it reduces implementation shortfall under every tested intra-step ordering, by 13.3bps of order notional under the pre-specified agent-last ordering, and the edge is concentrated in, and learned from, dynamic-fee environments: under constant fees the paired difference is indistinguishable from zero. The result is model-conditioned counterfactual evidence about execution control in AMMs, not evidence about historical traders, equilibrium play, or deployable profit.

We revisit the longstanding open problem of implementing Nakamoto's proof-of-work (PoW) consensus based on a real-world computational task T(x) (as opposed to artificial random hashing), in a truly permissionless setting where the miner itself chooses the input x. The challenge in designing such a Proof-of-Useful-Work (PoUW) protocol, is using the native computation of T(x) to produce a PoW certificate with prescribed hardness and with negligible computational overhead over the worst-case complexity of T(cdot) -- This ensures malicious miners cannot ``game the system" by fooling the verifier to accept with higher probability compared to honest miners (while using similar computational resources). Indeed, obtaining a PoUW with O(1)-factor overhead is trivial for any task T, but also useless. Our main result is a PoUW for the task of Matrix Multiplication MatMul(A,B) of arbitrary matrices with 1+o(1) multiplicative overhead compared to naive MatMul (even in the presence of Fast Matrix Multiplication-style algorithms, which are currently impractical). We conjecture that our protocol has optimal security in the sense that a malicious prover cannot obtain any significant advantage over an honest prover. This conjecture is based on reducing hardness of our protocol to the task of solving a batch of low-rank random linear equations which is of independent interest. Since MatMuls are the bottleneck of AI compute as well as countless industry-scale applications, this primitive suggests a concrete design of a new L1 base-layer protocol, which nearly eliminates the energy-waste of Bitcoin mining -- allowing GPU consumers to reduce their AI training and inference costs by ``re-using" it for blockchain consensus, in exchange for block rewards (2-for-1). This blockchain is currently under construction.

Fault-tolerant quantum computing is essential for realizing the substantial computational speedups that quantum computing can bring, but it requires real-time error decoding with high performance. Speculative window decoding improves performance by reducing the time spent waiting for dependencies from prior decoding windows. However, speculative decoders have only been evaluated under the regime of superconducting qubits with fast gate speeds, surface codes, and matching decoders. Since different quantum technologies can have slower gate speeds, we evaluate the performance of speculative decoding under slow gate speeds. We also examine its sensitivity to speculation accuracy, decoder latency, processor count, and workload parallelism, which can vary across different quantum error correction codes, decoders, and hardware platforms. This work presents design principles for identifying when speculative decoding yields the greatest performance improvements. It also reveals the conditions under which non-speculative decoders outperform speculative decoders.

Large Language Models (LLMs) have become more prevalent in long-context applications such as interactive chatbots, document analysis, and agent workflows, but it is challenging to serve long-context requests with low latency and high throughput. Speculative decoding (SD) is a widely used technique to reduce latency without sacrificing performance but the conventional wisdom suggests that its efficacy is limited to small batch sizes. In MagicDec, we show that surprisingly SD can achieve speedup even for a high throughput inference regime for moderate to long sequences. More interestingly, an intelligent drafting strategy can achieve better speedup with increasing batch size based on our rigorous analysis. MagicDec first identifies the bottleneck shifts with increasing batch size and sequence length, and uses these insights to deploy speculative decoding more effectively for high throughput inference. Then, it leverages draft models with sparse KV cache to address the KV bottleneck that scales with both sequence length and batch size.

Large Language Model (LLM) agents, acting on their users' behalf to manipulate and analyze data, are likely to become the dominant workload for data systems in the future. When working with data, agents employ a high-throughput process of exploration and solution formulation for the given task, one we call agentic speculation. The sheer volume and inefficiencies of agentic speculation can pose challenges for present-day data systems. We argue that data systems need to adapt to more natively support agentic workloads. We take advantage of the characteristics of agentic speculation that we identify, i.e., scale, heterogeneity, redundancy, and steerability - to outline a number of new research opportunities for a new agent-first data systems architecture, ranging from new query interfaces, to new query processing techniques, to new agentic memory stores.

Speculative decoding accelerates large language model inference by drafting future tokens cheaply and verifying them with the target model in parallel. Block drafters score a whole block of future tokens in one forward pass, yet standard decoding verifies only the top-scoring chain and discards the other candidates. Because these candidates are already scored, verifying more of them adds target computation but no extra drafting. We introduce CAST (Cost-Aware Speculative Trees), which packs these candidates into a tree and verifies it in a single target pass, leaving the target model, drafter weights, and decoding rule untouched. To decide how wide the tree should be, CAST adds candidates while the expected gain from the next one outweighs the verification time it adds. The width therefore adapts to each deployment from a latency measurement, without sweeping over widths. We evaluate CAST across five domains on three GPU generations and two model families. At its predicted width, CAST is faster than the standard chain in all eight settings, by up to 43%. We also find that the best width depends strongly on the deployment. Where verification cost jumps at a kernel boundary, a 128-token tree is only 2% faster than the standard chain, whereas the tree at the predicted width is 20% faster. Furthermore, we prove that CAST leaves the target output distribution unchanged under both greedy and sampled decoding. Code is available at https://github.com/js-lee-AI/CAST.

Generating long-form content, such as minute-long videos and extended texts, is increasingly important for modern generative models. Block diffusion improves inference efficiency via KV caching and block-wise causal inference and has been widely adopted in diffusion language models and video generation. However, in long-context settings, block diffusion still incurs substantial overhead from repeatedly computing attention over a growing KV cache. We identify an underexplored property of block diffusion: cross-step redundancy of attention within a block. Our analysis shows that attention outputs from tokens outside the current block remain largely stable across diffusion steps, while block-internal attention varies significantly. Based on this observation, we propose FlashBlock, a cached block-external attention mechanism that reuses stable attention output, reducing attention computation and KV cache access without modifying the diffusion process. Moreover, FlashBlock is orthogonal to sparse attention and can be combined as a complementary residual reuse strategy, substantially improving model accuracy under aggressive sparsification. Experiments on diffusion language models and video generation demonstrate up to 1.44times higher token throughput and up to 1.6times reduction in attention time, with negligible impact on generation quality. Project page: https://caesarhhh.github.io/FlashBlock/.

Despite their strong performance on reasoning tasks, large reasoning models (LRMs) often suffer from overthinking, producing unnecessarily long outputs and incurring high end-to-end latency, a significant limitation to their real-world deployment. To address overthinking, early-exit mechanisms have been proposed to terminate reasoning before typical completion, showing that this approach can effectively shorten generation length with minimal impact on accuracy. However, their reliance on probing mechanisms introduces a detection overhead that limits their end-to-end latency gains and compromises their generalizability across diverse problems. Inspired by the use of hidden states in speculative decoding, we propose SpecExit, a novel framework that predicts both future tokens and an early-exit signal directly from a lightweight draft model without probing overhead. Our method offers significant improvements, reducing average generation length by 66\% and achieving a 2.5x speedup in end-to-end latency compared to the speculative decoding baseline, without compromising accuracy. Our method leverages the inherent signals from hidden states to provide effective early-exit signals, suggesting broader use of hidden states for efficient reasoning. Our code is available at https://github.com/Tencent/AngelSlim.

As large language models (LLMs) scale up, accuracy improves, but the autoregressive (AR) nature of decoding increases latency since each token requires a serial forward pass. Speculative decoding addresses this by employing a fast drafter to propose multi-token drafts, which are then verified in parallel by the target model. However, many deployments still rely on AR drafters, where sequential passes limit wall-clock gains. We revisit the drafting stage and present DiffuSpec, a training-free drop-in framework that uses a pretrained diffusion language model (DLM) to produce multi-token drafts in a single forward pass, while remaining compatible with standard AR verifiers. Because DLM drafts are generated under bidirectional conditioning, parallel per-position candidates form a token lattice in which the locally highest-probability token at each position need not form a causal left-to-right path. Moreover, DLM drafting requires pre-specifying a draft length, inducing a speed-quality trade-off. To address these challenges, we introduce two practical components: (i) a causal-consistency path search (CPS) over this lattice that extracts a left-to-right path aligned with AR verification; and (ii) an adaptive draft-length (ADL) controller that adjusts next proposal size based on recent acceptance feedback and realized generated length. Across benchmarks, DiffuSpec yields up to 3x wall-clock speedup, establishing diffusion-based drafting as a robust alternative to autoregressive drafters for speculative decoding.

Speculative decoding mitigates the latency of sequential generation in autoregressive Large Language Models (LLMs) by interleaving draft generation with target verification. However, existing parallel drafting backends often suffer from rapid accuracy degradation over long horizons, leading to high rejection rates during verification and suboptimal wall-clock speedups. We observe that drafting errors are not uniformly distributed but typically stem from localized high-uncertainty tokens that destabilize downstream generation trajectories. Motivated by this token error pattern, we propose CURE, a budget-aware dynamic repair tree designed to repair errors at uncertainty focal points without incurring prohibitive tree-verification overheads. Specifically, our method uses predictive confidence margins to dynamically locate candidate error tokens within a block-parallel draft, expands bounded repair paths only at these fragile nodes, and employs a novel repair resynchronization mechanism to realign draft states post-verification. Evaluations on code-generation benchmarks (HumanEval, MBPP, and LiveCodeBench-lite) and mathematical reasoning benchmark (GSM8K) demonstrate that CURE increases the average accepted length by 4.2-7.5% over parallel baselines without repair, translating to an end-to-end speedup of 2.66-3.49times over target-only decoding. Furthermore, we provide a plug-and-play repair module compatible with standard parallel drafting frameworks. We also characterize the trade-off between draft compute and verification efficiency.

Speculative decoding accelerates memory-bound LLM inference without quality degradation by using a fast drafter to propose multiple candidate tokens and the target model to verify them in parallel. However, conventional sequential speculative decoding suffers from mutual waiting between drafting and verification, and repeated exchange of intermediate states further increases memory access overhead. Parallel speculative decoding addresses this limitation by performing drafting and verification within a single target forward pass, allowing future drafts to be prepared while current candidates are being verified. Although effective at small batch sizes, existing parallel speculative decoding methods either require costly continual pretraining with quality degradation or suffer from low acceptance rates. More importantly, this paradigm inherently suffers from uncertainty in both the bonus token and the accepted length, leading to draft verification mismatch and causing throughput gains to collapse at large batch sizes. To address these limitations, we introduce FlexDraft, a lossless speculative decoding framework that flexibly adapts to varying batch sizes through three key designs. (1) Attention Tuning enables block diffusion drafting by tuning only the attention projectors of the final few layers on mask tokens, while keeping the autoregressive path frozen to preserve the target distribution and produce high quality drafts with minimal trainable parameters. (2) Bonus-guided Calibration uses a lightweight MLP conditioned on the resolved bonus token to calibrate draft logits, mitigating draft verification mismatch caused by bonus token uncertainty. (3) Flex Decoding dynamically switches between parallel draft and verify at small batch sizes and sequential draft then verify at large batch sizes, and adjusts verification length based on draft confidence to eliminate redundant computation.

Large language models (LLMs) suffer from low efficiency as the mismatch between the requirement of auto-regressive decoding and the design of most contemporary GPUs. Specifically, billions to trillions of parameters must be loaded to the GPU cache through its limited memory bandwidth for computation, but only a small batch of tokens is actually computed. Consequently, the GPU spends most of its time on memory transfer instead of computation. Recently, parallel decoding, a type of speculative decoding algorithms, is becoming more popular and has demonstrated impressive efficiency improvement in generation. It introduces extra decoding heads to large models, enabling them to predict multiple subsequent tokens simultaneously and verify these candidate continuations in a single decoding step. However, this approach deviates from the training objective of next token prediction used during pre-training, resulting in a low hit rate for candidate tokens. In this paper, we propose a new speculative decoding algorithm, Clover, which integrates sequential knowledge into the parallel decoding process. This enhancement improves the hit rate of speculators and thus boosts the overall efficiency. Clover transmits the sequential knowledge from pre-speculated tokens via the Regressive Connection, then employs an Attention Decoder to integrate these speculated tokens. Additionally, Clover incorporates an Augmenting Block that modifies the hidden states to better align with the purpose of speculative generation rather than next token prediction. The experiment results demonstrate that Clover outperforms the baseline by up to 91% on Baichuan-Small and 146% on Baichuan-Large, respectively, and exceeds the performance of the previously top-performing method, Medusa, by up to 37% on Baichuan-Small and 57% on Baichuan-Large, respectively.

We introduce Leap+Verify, a framework that applies speculative execution -- predicting future model weights and validating predictions before acceptance -- to accelerate neural network training. Inspired by speculative decoding in language model inference and by the Automatically Scalable Computation (ASC) architecture for program execution, Leap+Verify decomposes training into three dynamically detected regimes (chaotic, transition, stable) using activation-space cosine similarity as a real-time Lyapunov proxy signal. Within each regime, analytic weight predictors (momentum, linear, quadratic extrapolation) attempt to forecast model parameters K training steps ahead; predictions are accepted only when validated against a held-out loss criterion. We evaluate Leap+Verify on GPT-2 124M and Qwen 2.5-1.5B trained on WikiText-103 across five random seeds, sweeping prediction depth K in {5, 10, 25, 50, 75, 100}. Momentum-based prediction (Adam moment extrapolation) fails catastrophically at both scales, with predicted losses exceeding actuals by 100-10,000x -- a universal norm explosion in optimizer-state extrapolation. Finite-difference predictors (linear, quadratic) succeed where momentum fails: at 124M, they achieve 24% strict acceptance at K=5 in stable regimes; at 1.5B, they achieve 37% strict acceptance in transition regimes. The scale-dependent finding is in regime distribution: GPT-2 124M spends 34% of training in stable regime, while Qwen 1.5B spends 64% in chaotic regime and reaches stable in only 0-2 of 40 checkpoints. Larger models are more predictable when predictable, but less often predictable -- the practical bottleneck shifts from predictor accuracy to regime availability. Cross-seed results are highly consistent (less than 1% validation loss variance), and the three-regime framework produces identical phase boundaries (plus or minus 50 steps) across seeds.

We have entered an era where the importance of decentralized solutions has become more obvious. Blockchain technology and its derivatives are distributed ledger technologies that keep the registry of data between peers of a network. This ledger is secured within a successive over looping cryptographic chain. The accomplishment of the Bitcoin cryptocurrency proved that blockchain technology and its derivatives could be used to eliminate intermediaries and provide security for cyberspace. However, there are some challenges in the implementation of blockchain technology. This chapter first explains the concept of blockchain technology and the data that we can store therein. The main advantage of blockchain is the security services that it provides. This section continues by describing these services.. The challenges of blockchain; blockchain anomalies, energy consumption, speed, scalability, interoperability, privacy and cryptology in the age of quantum computing are described. Selected solutions for these challenges are given. Remarkable derivatives of blockchain, which use different solutions (directed acyclic graph, distributed hash table, gossip consensus protocol) to solve some of these challenges are described. Then the data storage in blockchain and evolving data solutions are explained. The comparison of decentralized solutions with the lcentralized database systems is given. A multi-platform interoperable scalable architecture (MPISA) is proposed. In the conclusion we include the evolution assumptions of data storage in a decentralized world.

Contemporary on-chain artificial intelligence (AI) encounters an intractable Von Neumann memory and latency wall. Storing static floating-point neural weight matrices inside Ethereum Virtual Machine (EVM) storage costs millions of gas, rendering direct on-chain inference impossible. While Zero-Knowledge Machine Learning (ZK-ML) offloads matrix tensor multiplications to off-chain provers, it introduces fatal constraints: 10 to 300 seconds of SNARK proving latency and 250,000 to 500,000 gas per proof verification. Because decentralized finance (DeFi) exploits - such as uncollateralized flash-loan attacks, predatory sandwich MEV, and toxic loss-versus-rebalancing (LVR) flow - occur atomically inside a single block, ZK-ML oracles cannot react in time. Here, we present Werracle, a production-grade, zero-storage on-chain AI decision oracle fitting inside a single 32-byte EVM storage slot (bytes32). Leveraging foundational procedural Mandelbrot escape dynamics (z_{n+1} = z_n^2 + c) established by Dagli et al. (arXiv:2609.25498), Werracle derives continuous non-linear decision hyperplanes from a 24-byte coordinate triplet Theta = (c_x, c_y, zoom). Implemented in pure Solidity bytecode using fixed-point Q16.16 arithmetic (WerrMath.sol), Werracle evaluates a 16-point Pareto micro-grid in only 21,438 gas (under 0.0005 USD on Layer-2 rollups like Base and Arbitrum) with sub-millisecond execution latency. We demonstrate real-world DeFi efficacy via WerracleFeeHook.sol, a Uniswap v4 dynamic swap fee governor that measures orderbook turbulence on-the-fly and atomically adjusts liquidity provider fees between 0.05% and 0.50%. The protocol is formally verified against a 1,000-test cryptographically sealed deterministic verification suite (100.0% pass rate) with telemetry permanently disabled, operating live on a dedicated EVM devnet sandbox (Chain ID 4242).

Speculative decoding accelerates autoregressive language models by using a lightweight drafter to propose multiple future tokens, which the target model then verifies in parallel. DFlash shows that a block diffusion drafter can generate an entire draft block in a single forward pass and achieve state-of-the-art speculative decoding performance, outperforming strong autoregressive drafters such as EAGLE-3. Vanilla DFlash, however, still verifies only a single drafted trajectory per round, potentially limiting its acceptance length. We introduce DDTree (Diffusion Draft Tree), a method that constructs a draft tree directly from the per-position distributions of a block diffusion drafter. Under a fixed node budget, DDTree uses a simple best-first heap algorithm to select the continuations that are most likely to match the target model according to a surrogate defined by the draft model's output. The resulting tree is verified efficiently in a single target model forward pass using an ancestor-only attention mask. Because DDTree builds on DFlash, a leading draft model for speculative decoding, these gains place DDTree among the leading approaches to speculative decoding.

Recent byte-level language models (LMs) match the performance of token-level models without relying on subword vocabularies, yet their utility is limited by slow, byte-by-byte autoregressive generation. We address this bottleneck in the Byte Latent Transformer (BLT) through new training and generation techniques. First, we introduce BLT Diffusion (BLT-D), a new model and our fastest BLT variant, trained with an auxiliary block-wise diffusion objective alongside the standard next-byte prediction loss. This enables an inference procedure that generates multiple bytes in parallel per decoding step, substantially reducing the number of forward passes required to generate a sequence. Second, we propose two extensions inspired by speculative decoding that trade some of this speed for higher generation quality: BLT Self-speculation (BLT-S), in which BLT's local decoder continues generating past its normal patch boundaries to draft bytes, which are then verified with a single full-model forward pass; and BLT Diffusion+Verification (BLT-DV), which augments BLT-D with an autoregressive verification step after diffusion-based generation. All methods may achieve an estimated memory-bandwidth cost over 50% lower than BLT on generation tasks. Each approach offers its own unique advantages, together removing key barriers to the practical use of byte-level LMs.

Diffusion Large Language Models (dLLMs) have emerged as a competitive alternative to autoregressive (AR) models, offering better hardware utilization and bidirectional context through parallel block-level decoding. However, as dLLMs continue to scale up with mixture-of-experts (MoE) architectures, their deployment on resource-constrained devices remains an open challenge. Existing AR-based methods often incur either prohibitive I/O overhead or significant compute bottlenecks. In this work, we propose TIDE, a novel resource-efficient inference system that leverages the temporal stability of expert activations during the diffusion process within the block. Specifically, we leverage the temporal stability of expert activations during the diffusion process within the block and introduce an interval-based expert refresh strategy that updates the expert placement in an I/O-aware fashion. To ensure optimal performance, we formulate the inference scheduling as a mathematical programming problem, solving for the optimal interval that minimizes I/O traffic and CPU computation. Most importantly, TIDE is a lossless optimization that requires no model training, providing a "free lunch" acceleration for dLLM inference. In a single GPU-CPU system, we demonstrate that TIDE achieves up to 1.4times and 1.5times throughput improvements over prior baselines on LLaDA2.0-mini and LLaDA2.0-flash models, respectively.

The rapid growth in the parameters of large language models (LLMs) has made inference latency a fundamental bottleneck, limiting broader application of LLMs. Speculative decoding represents a lossless approach to accelerate inference through a guess-and-verify paradigm, leveraging the parallel capabilities of modern hardware. Some speculative decoding methods rely on additional structures to guess draft tokens, such as small models or parameter-efficient architectures, which need extra training before use. Alternatively, retrieval-based train-free techniques build libraries from pre-existing corpora or by n-gram generation. However, they face challenges like large storage requirements, time-consuming retrieval, and limited adaptability. Observing that candidate tokens generated during the decoding process are likely to reoccur in future sequences, we propose Token Recycling. This approach stores candidate tokens in an adjacency matrix and employs a breadth-first search (BFS)-like algorithm on the matrix to construct a draft tree. The tree is then validated through tree attention. New candidate tokens from the decoding process are then used to update the matrix. Token Recycling requires \textless2MB of additional storage and achieves approximately 2x speedup across all sizes of LLMs. It significantly outperforms existing train-free methods by 30\% and even a training method by 25\%. It can be directly applied to any existing LLMs and tasks without the need for adaptation.

Speculative decoding accelerates autoregressive generation by verifying a draft block with a target model in parallel. Under standard greedy verification, decoding stops at the first draft token that differs from the target argmax, discarding the remaining target-scored suffix. Although accepting such a mismatch changes the decoding trajectory, it can make a contiguous suffix reusable when its tokens remain target-greedy under the realized prefix. In this paper, we introduce Approximate Speculative Decoding (ASD), a training-free verifier that replaces binary first-mismatch truncation with budgeted longest-prefix selection. ASD accepts selected mismatches subject to a local target-logit regret gate, a per-block exception cap, and a persistent request-level regret budget, then reuses the contiguous target-greedy suffix without additional approximate decisions or target-model forward passes. ASD requires neither a new draft model nor fine-tuning, and exactly reduces to standard greedy verification when the budget is zero. Experiments show that ASD improves fixed-workload throughput by 3.05%--15.26% over matched strict verification and averages a 7.78% gain across seven Qwen3-14B + DSpark-14B tasks. On DeepSeek-V4-Flash (284B) with DSpark it also raises verifier-side acceptance by roughly 10%--16% on GSM8K and MATH-500 in an FP4-to-FP8 compatibility setting. The source code is publicly available at: https://github.com/Kissmetothemoon/ASD

Backtests of cryptocurrency perpetual futures are fragile when they ignore microstructure frictions and reuse evaluation windows during parameter search. We study four liquid perpetuals (BTC/USDT, ETH/USDT, SOL/USDT, AVAX/USDT) and quantify how execution delay, funding, fees, and slippage can inflate reported performance. We introduce AutoQuant, an execution-centric, alpha-agnostic framework for auditable strategy configuration selection. AutoQuant encodes strict T+1 execution semantics and no-look-ahead funding alignment, runs Bayesian optimization under realistic costs, and applies a two-stage double-screening protocol across held-out rolling windows and a cost-sensitivity grid. We show that fee-only and zero-cost backtests can materially overestimate annualized returns relative to a fully costed configuration, and that double screening tends to reduce drawdowns under the same strict semantics even when returns are not higher. A CSCV/PBO diagnostic indicates substantial residual overfitting risk, motivating AutoQuant as validation and governance infrastructure rather than a claim of persistent alpha. Returns are reported for small-account simulations with linear trading costs and without market impact or capacity modeling.

Speculative decoding is a prominent technique to speed up the inference of a large target language model based on predictions of an auxiliary draft model. While effective, in application-specific settings, it often involves fine-tuning both draft and target models to achieve high acceptance rates. As the number of downstream tasks grows, these draft models add significant complexity to inference systems. We propose Speculative Streaming, a single-model speculative decoding method that fuses drafting into the target model by changing the fine-tuning objective from next token prediction to future n-gram prediction. Speculative Streaming speeds up decoding by 1.8 - 3.1X in a diverse set of tasks, such as Summarization, Structured Queries, and Meaning Representation, without sacrificing generation quality. Additionally, Speculative Streaming is parameter-efficient. It achieves on-par/higher speed-ups than Medusa-style architectures while using ~10000X fewer extra parameters, making it well-suited for resource-constrained devices.

We study permissionless spot--perpetual basis trading in decentralized finance as a collateral control problem. The strategy holds spot inventory, hedges directional exposure with a short perpetual, and allocates capital between spot inventory and derivative margin under on-chain liquidity and execution frictions. The paper delivers three results. First, it solves a static control problem for the collateral share and shows that the risk-constrained formulation provides a more robust operating benchmark relative to the economic optimum. In comparative calibration, the required collateral rises monotonically under volatility stress. The collateral is the lowest for BTC and increases significantly for long tail assets such as LINK and DOGE. Second, the paper derives an asymmetric dynamic extension in which the lower boundary of intervention is solvency driven, and the upper boundary is determined by a trade-off between carry-loss and the cost of rebalancing. Monte Carlo simulation shows that the lower boundary remains structurally relevant, whereas meaningful interior upper triggers survive mainly in the regimes with high carry and low costs. Third, the paper validates an execution-aware implementation with live routed execution and historical backtests. The execution layer shows that the realized wedges are significant, but become worse in the case of selling the basis. This justifies a minimum effective rebalancing size and a positive execution buffer. The historical validation shows that in the case of a fixed control rule the realized performance is predominantly explained by the funding environment.

Speculative inference is a promising paradigm employing small speculative models (SSMs) as drafters to generate draft tokens, which are subsequently verified in parallel by the target large language model (LLM). This approach enhances the efficiency of inference serving by reducing LLM inference latency and costs while preserving generation quality. However, existing speculative methods face critical challenges, including inefficient resource utilization and limited draft acceptance, which constrain their scalability and overall effectiveness. To overcome these obstacles, we present CoSine, a novel speculative inference system that decouples sequential speculative decoding from parallel verification, enabling efficient collaboration among multiple nodes. Specifically, CoSine routes inference requests to specialized drafters based on their expertise and incorporates a confidence-based token fusion mechanism to synthesize outputs from cooperating drafters, ensuring high-quality draft generation. Additionally, CoSine dynamically orchestrates the execution of speculative decoding and verification in a pipelined manner, employing batch scheduling to selectively group requests and adaptive speculation control to minimize idle periods. By optimizing parallel workflows through heterogeneous node collaboration, CoSine balances draft generation and verification throughput in real-time, thereby maximizing resource utilization. Experimental results demonstrate that CoSine achieves superior performance compared to state-of-the-art speculative approaches. Notably, with equivalent resource costs, CoSine achieves up to a 23.2% decrease in latency and a 32.5% increase in throughput compared to baseline methods.

The growing demand for efficient long-sequence modeling on edge devices has propelled widespread adoption of State Space Models (SSMs) like Mamba, due to their superior computational efficiency and scalability. As its autoregressive generation process remains memory-bound, speculative decoding has been proposed that incorporates draft model generation and target model verification. However, directly applying speculative decoding to SSMs faces three key challenges: (1) hidden state backtracking difficulties, (2) tree-based parallel verification incompatibility, and (3) hardware workload mismatch. To address these challenges, we propose SpecMamba, the first FPGA-based accelerator for Mamba with speculative decoding, which features system, algorithm, and hardware co-design. At the system level, we present a memory-aware hybrid backtracking strategy to coordinate both models. At the algorithm level, we propose first-in-first-out (FIFO)-based tree verification with tiling to minimize memory access. At the hardware level, we customize a dataflow that computes linear layers in parallel and SSM layers in series to enable maximal overlapping. Implemented on AMD FPGA platforms (VHK158 and VCK190), SpecMamba achieves a 2.27x speedup over GPU baselines and a 2.85x improvement compared to prior FPGA solutions, while demonstrating 5.41x and 1.26x higher energy efficiency, respectively.

To combat the memory bandwidth-bound nature of autoregressive LLM inference, previous research has proposed the speculative decoding framework. To perform speculative decoding, a small draft model proposes candidate continuations of the input sequence, that are then verified in parallel by the base model. One way to specify the draft model, as used in the recent Medusa decoding framework, is as a collection of light-weight heads, called draft heads, that operate on the base model's hidden states. To date, all existing draft heads have been sequentially independent, meaning that they speculate tokens in the candidate continuation independently of any preceding tokens in the candidate continuation. In this work, we propose Hydra heads, a sequentially dependent, drop-in replacement for standard draft heads that significantly improves speculation accuracy. Decoding with Hydra heads improves throughput compared to Medusa decoding with standard draft heads. We further explore the design space of Hydra head training objectives and architectures, and propose a carefully-tuned Hydra head recipe, which we call Hydra++, that improves decoding throughput by 1.31x and 2.71x compared to Medusa decoding and autoregressive decoding, respectively. Overall, Hydra heads are a simple intervention on standard draft heads that significantly improve the end-to-end speed of draft head based speculative decoding.

Autoregressive decoding remains a primary bottleneck in large language model (LLM) serving, motivating speculative decoding methods that reduce expensive teacher-model invocations by verifying multiple candidate tokens per step. Tree-structured speculation further increases parallelism, but is often brittle when ported across heterogeneous backends and accelerator stacks, where attention masking, KV-cache layouts, and indexing semantics are not interchangeable. We present EAGLE-Pangu, a reproducible system that ports EAGLE-3-style tree speculative decoding to a Pangu teacher backend on Ascend NPUs. EAGLE-Pangu contributes (i) an explicit branch/commit cache manager built on the Cache API, (ii) accelerator-safe tree tensorization that removes undefined negative indices by construction and validates structural invariants, and (iii) a fused-kernel-compatible teacher verification path with a debuggable eager fallback. On 240 turns from MT-Bench and HumanEval-style prompts, EAGLE-Pangu improves end-to-end decoding throughput by 1.27x on average, up to 2.46x at p99, over teacher-only greedy decoding in the fused-kernel performance path. We also provide a fused-kernel-free reference path with structured traces and invariant checks to support reproducible debugging and ablation across execution modes and tree budgets.

Accelerating the inference of large language models (LLMs) is a critical challenge in generative AI. Speculative decoding (SD) methods offer substantial efficiency gains by generating multiple tokens using a single target forward pass. However, existing SD approaches require the drafter and target models to share the same vocabulary, thus limiting the pool of possible drafters, often necessitating the training of a drafter from scratch. We present three new SD methods that remove this shared-vocabulary constraint. All three methods preserve the target distribution (i.e., they are lossless) and work with off-the-shelf models without requiring additional training or modifications. Empirically, on summarization, programming, and long-context tasks, our algorithms achieve significant speedups over standard autoregressive decoding. By enabling any off-the-shelf model to serve as drafter and requiring no retraining, this work substantially broadens the applicability of the SD framework in practice.

We explore the feasibility of deploying Bitcoin as the shared monetary standard between Earth and Mars, accounting for physical constraints of interplanetary communication. We introduce a novel primitive, Proof-of-Transit Timestamping (PoTT), to provide cryptographic, tamper-evident audit trails for Bitcoin data across high-latency, intermittently-connected links. Leveraging Delay/Disruption-Tolerant Networking (DTN) and optical low-Earth-orbit (LEO) mesh constellations, we propose an architecture for header-first replication, long-horizon Lightning channels with planetary watchtowers, and secure settlement through federated sidechains or blind-merge-mined (BMM) commit chains. We formalize PoTT, analyze its security model, and show how it measurably improves reliability and accountability without altering Bitcoin consensus or its monetary base. Near-term deployments favor strong federations for local settlement; longer-term, blind-merge-mined commit chains (if adopted) provide an alternative. The Earth L1 monetary base remains unchanged, while Mars can operate a pegged commit chain or strong federation with 1:1 pegged assets for local block production. For transparency, if both time-beacon regimes are simultaneously compromised, PoTT-M2 (and PoTT generally) reduces to administrative assertions rather than cryptographic time-anchoring.

Block-diffusion language models offer a promising path toward faster-than-autoregressive generation by combining block-wise autoregressive decoding with within-block parallel denoising. However, in the few-step regime needed for practical acceleration, standard confidence-thresholded decoding is often brittle: aggressive thresholds hurt quality, while conservative thresholds require unnecessary denoising steps. Existing approaches that address this issue either require additional training or incur extra test-time compute. We present S2D2, a training-free self-speculative decoding framework for block-diffusion language models. Our key observation is that a block-diffusion model becomes autoregressive when the block size is reduced to one, allowing the same pretrained model to act as both drafter and verifier. S2D2 inserts a speculative verification step into standard block-diffusion decoding and uses lightweight routing policies to decide when verification is worth its cost. This yields a hybrid decoding trajectory in which diffusion proposes tokens in parallel, while the autoregressive mode acts as a local sequence-level critic. Across three mainstream block-diffusion families, S2D2 consistently improves the accuracy-speed tradeoff over strong confidence-thresholding baselines. On SDAR, we observe up to 4.7times speedup over autoregressive decoding, and up to 1.57times over a tuned dynamic decoding baseline while improving accuracy by up to 4.5 points. On LLaDA2.1-Mini, S2D2 remains complementary to built-in self-correction, including a conservative setting where it is 4.4times faster than the static baseline with slightly higher accuracy.

Speculative decoding emerges as a pivotal technique for enhancing the inference speed of Large Language Models (LLMs). Despite recent research aiming to improve prediction efficiency, multi-sample speculative decoding has been overlooked due to varying numbers of accepted tokens within a batch in the verification phase. Vanilla method adds padding tokens in order to ensure that the number of new tokens remains consistent across samples. However, this increases the computational and memory access overhead, thereby reducing the speedup ratio. We propose a novel method that can resolve the issue of inconsistent tokens accepted by different samples without necessitating an increase in memory or computing overhead. Furthermore, our proposed method can handle the situation where the prediction tokens of different samples are inconsistent without the need to add padding tokens. Sufficient experiments demonstrate the efficacy of our method. Our code is available at https://github.com/niyunsheng/EMS-SD.

This study examines cross-asset connectedness in an international financial network of major exchange rates, gold futures, and Bitcoin. Moving beyond the conventional net transmitter--receiver classification, we characterize asset roles through three complementary dimensions: direct spillover transmission, stationary source-tracing dynamics, and multistep upstream connectivity. Return spillovers are estimated using VAR generalized forecast-error variance decomposition (VAR-GFEVD). The positive pairwise net-spillover structure is then mapped into a row-stochastic Markov kernel whose transitions trace dominant net-spillover sources in the reverse direction of the original transmission edges. A stationary departure flux describes long-run movement in this source-tracing chain, while Viral Centrality is evaluated by the deterministic probability-propagation algorithm of Fink et al. to approximate multistep upstream reach. Empirically, gold futures emerge as the dominant direct net transmitter and the leading stationary source-tracing node, but do not have the largest Viral Centrality. Several exchange-rate nodes classified as direct net receivers have relatively high Viral Centrality, indicating broad conditional access to upstream source nodes. Bitcoin occupies an intermediate role. An auxiliary specification including the U.S. Dollar Index yields qualitatively similar role differentiation. The results show that direct connectedness, stationary source tracing, and approximate multistep upstream reach cannot be inferred from NET spillovers alone. All diffusion interpretations are descriptive and conditional on the estimated network, row normalization, and restart closure.

Interleaved thinking, where a unified multimodal model alternates between textual reasoning and visual generation, has shown promise on spatial and physical tasks. However, in complex long-chain scenarios, we identify a fundamental failure mode: generated images diverge from the textual context while subsequent text ignores the visual evidence, causing the two modalities to alternate without genuinely informing each other. We term this Modal Isolation and attribute it to compounding information loss at modality boundaries. We decompose each reasoning cycle into atomic operations and define modality transition loss, quantifying cross-modal hallucination (text-to-image) and visual utilization deficit (image-to-text) at each boundary. We propose MoTiF (Modality Tiransition Fidelity), a two-stage training framework that directly optimizes these transitions: Reflective SFT trains the model to detect and recover from erroneous visual outputs; Flow-GRPO improves image generation fidelity via reinforcement learning. All training signals in MoTiF derive from transition-level fidelity rather than end-task accuracy. Across four visual puzzle benchmarks, this transition-level supervision substantially improves both cross-modal coherence and final task accuracy. The results demonstrate that effective interleaved reasoning requires explicit structural supervision at modality boundaries, not merely scaling or end-task optimization.

Since its 2009 genesis block, the Bitcoin network has processed >1.08 billion (B) transactions representing >8.72B BTC, offering rich potential for machine learning (ML); yet, its pseudonymity and obscured flow of funds inherent in its \utxo-based design, have rendered this data largely inaccessible for ML research. Addressing this gap, we present an ML-compatible graph modeling the Bitcoin's economic topology by reconstructing the flow of funds. This temporal, heterogeneous graph encompasses complete transaction history up to block \cutoffHeight, consisting of >2.4B nodes and >39.72B edges. Additionally, we provide custom sampling methods yielding node and edge feature vectors of sampled communities, tools to load and analyze the Bitcoin graph data within specialized graph databases, and ready-to-use database snapshots. This comprehensive dataset and toolkit empower the ML community to tackle Bitcoin's intricate ecosystem at scale, driving progress in applications such as anomaly detection, address classification, market analysis, and large-scale graph ML benchmarking. Dataset and code available at https://github.com/B1AAB/EBA{github.com/b1aab/eba}

Cryptocurrency trading increasingly depends on timely integration of heterogeneous web information and market microstructure signals to support short-horizon decision making under extreme volatility. However, existing trading systems struggle to jointly reason over noisy multi-source web evidence while maintaining robustness to rapid price shocks at sub-second timescales. The first challenge lies in synthesizing unstructured web content, social sentiment, and structured OHLCV signals into coherent and interpretable trading decisions without amplifying spurious correlations, while the second challenge concerns risk control, as slow deliberative reasoning pipelines are ill-suited for handling abrupt market shocks that require immediate defensive responses. To address these challenges, we propose WebCryptoAgent, an agentic trading framework that decomposes web-informed decision making into modality-specific agents and consolidates their outputs into a unified evidence document for confidence-calibrated reasoning. We further introduce a decoupled control architecture that separates strategic hourly reasoning from a real-time second-level risk model, enabling fast shock detection and protective intervention independent of the trading loop. Extensive experiments on real-world cryptocurrency markets demonstrate that WebCryptoAgent improves trading stability, reduces spurious activity, and enhances tail-risk handling compared to existing baselines. Code will be available at https://github.com/AIGeeksGroup/WebCryptoAgent.

Speculative decoding accelerates LLM inference by drafting future tokens with a small model, but drafter models degrade sharply under template perturbation and long-context inputs. We identify a previously-unreported phenomenon we call attention drift: as the drafter generates successive tokens within a speculation chain, attention progressively moves from the prompt onto its own recently-generated tokens. We observe this across both EAGLE3 drafters and MTP heads, suggesting drift is a property of drafter designs. We trace this to the un-normalized residual path between chain steps: the drafter's hidden state magnitude grows monotonically with chain depth, which exhibits dynamics consistent with additional pre-norm transformer layers stacked on the target rather than as a standalone autoregressive predictor. In order to limit the growth, we propose two architectural changes: Post-norm on the drafter hidden states and per-hidden-state RMSNorm after capturing target hidden states. Our interventions improve acceptance length over the current leading model, pre-norm EAGLE3, by up to 2times under template perturbation, 1.18times on long-context tasks, and 1.10times on seven standard benchmarks spanning multi-turn chat, math, and coding. Our changes also allow shorter train-time-test depths to generalize over longer drafting sequences.

Large language models (LLMs) exhibit remarkable reasoning capabilities across diverse downstream tasks. However, their autoregressive nature leads to substantial inference latency, posing challenges for real-time applications. Speculative sampling mitigates this issue by introducing a drafting phase followed by a parallel validation phase, enabling faster token generation and verification. Existing approaches, however, overlook the inherent coherence in text generation, limiting their efficiency. To address this gap, we propose a Speculative Sampling with Syntactic and Semantic Coherence (S^4C) framework, which extends speculative sampling by leveraging multi-head drafting for rapid token generation and a continuous verification tree for efficient candidate validation and feature reuse. Experimental results demonstrate that S^4C surpasses baseline methods across mainstream tasks, offering enhanced efficiency, parallelism, and the ability to generate more valid tokens with fewer computational resources. On Spec-bench benchmarks, S^4C achieves an acceleration ratio of 2.26x-2.60x, outperforming state-of-the-art methods.

Speculative decoding and quantization effectively accelerate memory-bound inference of large language models. Speculative decoding mitigates the memory bandwidth bottleneck by verifying multiple tokens within a single forward pass, which increases computational effort. Quantization achieves this optimization by compressing weights and activations into lower bit-widths and also reduces computations via low-bit matrix multiplications. To further leverage their strengths, we investigate the integration of these two techniques. Surprisingly, experiments applying the advanced speculative decoding method EAGLE-2 to various quantized models reveal that the memory benefits from 4-bit weight quantization are diminished by the computational load from speculative decoding. Specifically, verifying a tree-style draft incurs significantly more time overhead than a single-token forward pass on 4-bit weight quantized models. This finding led to our new speculative decoding design: a hierarchical framework that employs a small model as an intermediate stage to turn tree-style drafts into sequence drafts, leveraging the memory access benefits of the target quantized model. Experimental results show that our hierarchical approach achieves a 2.78times speedup across various tasks for the 4-bit weight Llama-3-70B model on an A100 GPU, outperforming EAGLE-2 by 1.31times. Code available at https://github.com/AI9Stars/SpecMQuant.

The cryptocurrency market is highly volatile compared to traditional financial markets. Hence, forecasting its volatility is crucial for risk management. In this paper, we investigate CryptoQuant data (e.g. on-chain analytics, exchange and miner data) and whale-alert tweets, and explore their relationship to Bitcoin's next-day volatility, with a focus on extreme volatility spikes. We propose a deep learning Synthesizer Transformer model for forecasting volatility. Our results show that the model outperforms existing state-of-the-art models when forecasting extreme volatility spikes for Bitcoin using CryptoQuant data as well as whale-alert tweets. We analysed our model with the Captum XAI library to investigate which features are most important. We also backtested our prediction results with different baseline trading strategies and the results show that we are able to minimize drawdown while keeping steady profits. Our findings underscore that the proposed method is a useful tool for forecasting extreme volatility movements in the Bitcoin market.

MoE (Mixture of Experts) prevails as a neural architecture that can scale modern transformer-based LLMs (Large Language Models) to unprecedented scales. Nevertheless, large MoEs' great demands of computing power, memory capacity and memory bandwidth make scalable serving a fundamental challenge and efficient parallel inference has become a requisite to attain adequate throughput under latency constraints. DeepSpeed-MoE, one state-of-the-art MoE inference framework, adopts a 3D-parallel paradigm including EP (Expert Parallelism), TP (Tensor Parallel) and DP (Data Parallelism). However, our analysis shows DeepSpeed-MoE's inference efficiency is largely bottlenecked by EP, which is implemented with costly all-to-all collectives to route token activation. Our work aims to boost DeepSpeed-MoE by strategically reducing EP's communication overhead with a technique named Speculative MoE. Speculative MoE has two speculative parallelization schemes, speculative token shuffling and speculative expert grouping, which predict outstanding tokens' expert routing paths and pre-schedule tokens and experts across devices to losslessly trim EP's communication volume. Besides DeepSpeed-MoE, we also build Speculative MoE into a prevailing MoE inference engine SGLang. Experiments show Speculative MoE can significantly boost state-of-the-art MoE inference frameworks on fast homogeneous and slow heterogeneous interconnects.

Speculative decoding accelerates autoregressive generation by using a lightweight draft to propose multiple tokens for parallel verification. However, existing methods often require an additional draft model or weight representation, introducing non-negligible memory overhead on resource-constrained devices. Self-speculative approaches reduce this overhead, yet still face trade-offs between draft quality, target quality, and storage efficiency. We propose BitNest, a bit-nested speculative decoding framework that embeds a low-precision draft directly into the higher-precision target representation. Instead of deriving a draft from a predefined target, BitNest first constructs a strong low-precision base and then recovers the higher-precision target through residual refinement, enabling both models to share a single physical weight representation. BitNest further extends this progressive-precision design to the KV cache for long-context inference. Across multiple 7B--8B edge-friendly LLMs and diverse workloads, BitNest achieves an average speculative acceptance rate of 95.2% while closely preserving higher-precision model quality, and delivers 1.48--1.61x end-to-end speedup over FP16 autoregressive decoding. On the LLaMA models supported by all representative self-speculative baselines, BitNest also achieves consistently competitive or higher decoding speedup.

We introduce the Consensus-Bottleneck Asset Pricing Model (CB-APM), a framework that reconciles the predictive power of deep learning with the structural transparency of traditional finance. By embedding aggregate analyst consensus as a structural "bottleneck", the model treats professional beliefs as a sufficient statistic for the market's high-dimensional information set. We document a striking "interpretability-accuracy amplification effect" for annual horizons, the structural constraint acts as an endogenous regularizer that significantly improves out-of-sample R2 over unconstrained benchmarks. Portfolios sorted on CB-APM forecasts exhibit a strong monotonic return gradient, delivering an annualized Sharpe ratio of 1.44 and robust performance across macroeconomic regimes. Furthermore, pricing diagnostics reveal that the learned consensus captures priced variation only partially spanned by canonical factor models, identifying structured risk heterogeneity that standard linear models systematically miss. Our results suggest that anchoring machine intelligence to human-expert belief formation is not merely a tool for transparency, but a catalyst for uncovering new dimensions of belief-driven risk premiums.

Autoregressive large language models (LLMs) deliver strong performance but require inherently sequential decoding, leading to high inference latency and poor GPU utilization. Speculative decoding mitigates this bottleneck by using a fast draft model whose outputs are verified in parallel by the target LLM; however, existing methods still rely on autoregressive drafting, which remains sequential and limits practical speedups. Diffusion LLMs offer a promising alternative by enabling parallel generation, but current diffusion models typically underperform compared with autoregressive models. In this paper, we introduce DFlash, a speculative decoding framework that employs a lightweight block diffusion model for parallel drafting. By generating draft tokens in a single forward pass and conditioning the draft model on context features extracted from the target model, DFlash enables efficient drafting with high-quality outputs and higher acceptance rates. Experiments show that DFlash achieves over 6x lossless acceleration across a range of models and tasks, delivering up to 2.5x higher speedup than the state-of-the-art speculative decoding method EAGLE-3.

Speculative decoding (SD) has emerged as a powerful method for accelerating autoregressive generation in large language models (LLMs), yet its integration into vision-language models (VLMs) remains underexplored. We introduce DREAM, a novel speculative decoding framework tailored for VLMs that combines three key innovations: (1) a cross-attention-based mechanism to inject intermediate features from the target model into the draft model for improved alignment, (2) adaptive intermediate feature selection based on attention entropy to guide efficient draft model training, and (3) visual token compression to reduce draft model latency. DREAM enables efficient, accurate, and parallel multimodal decoding with significant throughput improvement. Experiments across a diverse set of recent popular VLMs, including LLaVA, Pixtral, SmolVLM and Gemma3, demonstrate up to 3.6x speedup over conventional decoding and significantly outperform prior SD baselines in both inference throughput and speculative draft acceptance length across a broad range of multimodal benchmarks. The code is publicly available at: https://github.com/SAI-Lab-NYU/DREAM.git

Speculative decoding (SD) addresses the high inference costs of LLMs by having lightweight drafters generate candidates for large verifiers to validate in parallel. Existing draft-verify methods use binary decisions: accept or fully recompute. Yet we find that many rejected tokens can be verified correctly by a slim submodel derived from the full verifier via intra-model routing, instead of the full verifier. This motivates our slim-verifier to handle tokens requiring moderate verification resources, reducing expensive large-model calls. We propose Verification via Intra-Model Routing for Speculative Decoding (VIA-SD), a multi-tier framework using a routed slim-verifier. Draft tokens are processed hierarchically: direct acceptance for high-confidence cases, slim-verifier regeneration for medium-confidence cases, and full-model verification for uncertain cases. Across four representative tasks and multiple model families, VIA-SD reduces rejection rates by 0.10-0.22 and delivers 10-20% speedups over strong SD baselines, while achieving 2.5-3x acceleration over non-drafting decoding. Moreover, VIA-SD is compatible with existing SD frameworks without modifying their training procedures. Our results suggest multi-tier SD as a general paradigm for scalable and efficient LLM inference. Project page: https://zju-xyc.github.io/VIA-SD-Project-Page/

Block Diffusion Models (BDMs) support parallel generation, flexible-length output, and KV caching, making them promising for efficient document parsing. However, existing BDMs bind denoising and cache commitment to fixed block boundaries: parallelism shrinks during intra-block denoising, while generated tokens cannot be cached until the whole block is completed. Moreover, intra-block bidirectional denoising conflicts with inter-block autoregression, creating inconsistent information flow that can challenge structure-sensitive recognition. We propose the Prefix-Adaptive Block Diffusion Model (PA-BDM), which replaces intra-block bidirectional denoising with causal denoising from prefix to suffix and treats the block size as a maximum candidate range rather than a fixed commitment unit. PA-BDM uses Confidence-gated Structural Loss (CSL) to build low-entropy prefixes before extending training to longer continuations. During inference, Progressive Prefix Commitment (PPC) then dynamically commits the longest reliable prefix into the KV cache and resets the next candidate range from the updated prefix, restoring a large parallel decoding space at each step. Experiments show that the 3B PA-BDM achieves higher recognition scores on several benchmarks and improves inference throughput by 71.6\% over the 2.5B MinerU-Diffusion.

Is the uniform-state diffusion framework a more powerful paradigm for discrete diffusion? Recent studies indicate that this may be the case. In combination with predictor-corrector samplers, uniform-state diffusion models (USDMs) produce samples of higher-quality than masked diffusion models (MDMs), and USDMs equal or outperform MDMs in downstream tasks, even though they exhibit greater perplexity. Two issues remain unresolved. First, existing work compares uniform and masked diffusion with un-informed correctors that re-inject noise at random positions, rather than targeting tokens most likely to be wrong. Second, prior work compares full-sequence diffusion models, so we do not know whether the same conclusion holds when tokens are generated block by block. To address these issues, we introduce BlockGen, a blockwise sequence model that we instantiate with both masked and uniform diffusion. BlockGen trains on a mixture of block sizes and its likelihood interpolates between AR and pure diffusion more finely than models with a fixed block size. BlockGen enables AR-informed predictor-corrector sampling (ARPC), which combines AR and diffusion predictions to re-generate unlikely tokens without an auxiliary verifier. Under ancestral sampling, uniform outperforms masked in the block-by-block setting, especially in the few-step regime. Under ARPC, the gap closes and reverses at high NFE. With block size 16 on GSM8K, MDMs reach slightly higher accuracy than USDMs, and we observe a similar trend in Generative Perplexity on OpenWebText. Find our code at https://github.com/jdeschena/blockgen.

Linear attention is an efficient attention mechanism that has recently emerged as a promising alternative to conventional softmax attention. With its ability to process tokens in linear computational complexities, linear attention, in theory, can handle sequences of unlimited length without sacrificing speed, i.e., maintaining a constant training speed for various sequence lengths with a fixed memory consumption. However, due to the issue with cumulative summation (cumsum), current linear attention algorithms cannot demonstrate their theoretical advantage in a causal setting. In this paper, we present Lightning Attention-2, the first linear attention implementation that enables linear attention to realize its theoretical computational benefits. To achieve this, we leverage the thought of tiling, separately handling the intra-block and inter-block components in linear attention calculation. Specifically, we utilize the conventional attention computation mechanism for the intra-blocks and apply linear attention kernel tricks for the inter-blocks. A tiling technique is adopted through both forward and backward procedures to take full advantage of the GPU hardware. We implement our algorithm in Triton to make it IO-aware and hardware-friendly. Various experiments are conducted on different model sizes and sequence lengths. Lightning Attention-2 retains consistent training and inference speed regardless of input sequence length and is significantly faster than other attention mechanisms. The source code is available at https://github.com/OpenNLPLab/lightning-attention.

We present speculative sampling, an algorithm for accelerating transformer decoding by enabling the generation of multiple tokens from each transformer call. Our algorithm relies on the observation that the latency of parallel scoring of short continuations, generated by a faster but less powerful draft model, is comparable to that of sampling a single token from the larger target model. This is combined with a novel modified rejection sampling scheme which preserves the distribution of the target model within hardware numerics. We benchmark speculative sampling with Chinchilla, a 70 billion parameter language model, achieving a 2-2.5x decoding speedup in a distributed setup, without compromising the sample quality or making modifications to the model itself.

Speculative decoding can significantly accelerate LLM inference, especially given that its cloud-edge collaborative deployment offers cloud workload offloading, offline robustness, and privacy enhancement. However, existing collaborative inference frameworks with speculative decoding are constrained by (i) sequential token generation and communication with low resource utilization, and (ii) inflexible cloud non-autoregressive verification (NAV) triggering that induces premature verification or costly rollbacks. In this paper, we propose PipeSD, an efficient cloud-edge collaborative pipeline inference framework with speculative decoding. PipeSD overlaps token generation and communication by a token-batch pipeline scheduling mechanism optimized by dynamic programming, and improves verification flexibility through a dual-threshold NAV triggering mechanism with a lightweight Bayesian optimization autotuner. We implement PipeSD using llama-cpp-python, PyTorch, and FastAPI, and evaluate it on a real-world cloud-edge testbed with two draft-target model pairs across four scenarios. Results show that PipeSD consistently outperforms state-of-the-art baselines, achieving 1.16x-2.16x speedup and reducing energy consumption by 14.3%-25.3%.

Despite their remarkable success in complex tasks propelling widespread adoption, large language-model-based agents still face critical deployment challenges due to prohibitive latency and inference costs. While recent work has explored various methods to accelerate inference, existing approaches suffer from significant limitations: they either fail to preserve performance fidelity, require extensive offline training of router modules, or incur excessive operational costs. Moreover, they provide minimal user control over the tradeoff between acceleration and other performance metrics. To address these gaps, we introduce Dynamic Speculative Planning (DSP), an asynchronous online reinforcement learning framework that provides lossless acceleration with substantially reduced costs without requiring additional pre-deployment preparation. DSP explicitly optimizes a joint objective balancing end-to-end latency against dollar cost, allowing practitioners to adjust a single parameter that steers the system toward faster responses, cheaper operation, or any point along this continuum. Experiments on two standard agent benchmarks demonstrate that DSP achieves comparable efficiency to the fastest lossless acceleration method while reducing total cost by 30% and unnecessary cost up to 60%. Our code and data are available through https://github.com/guanyilin428/Dynamic-Speculative-Planning.

Large language models (LLMs) exhibit exceptional performance across a wide range of tasks; however, their token-by-token autoregressive generation process significantly hinders inference speed. Speculative decoding presents a promising draft-then-verify framework that reduces generation latency while maintaining output distribution fidelity. Nevertheless, the draft model introduces additional computational overhead, becoming a performance bottleneck and increasing the time to first token (TTFT). Previous approaches to mitigate draft model overhead have primarily relied on heuristics and generally failed to match the quality of the draft language models. To address these challenges, we propose DuoDecoding, a novel approach that strategically deploys the draft and target models on the CPU and GPU respectively, enabling parallel decoding while preserving draft quality. Our method incorporates a hardware-aware optimal draft budget to minimize idle times and employs dynamic multi-sequence drafting to enhance draft quality. Extensive experiments across seven tasks show that DuoDecoding achieves up to 2.61x speedup in generation latency, while reducing TTFT to 83% of that in conventional speculative decoding. The Code is available at https://github.com/KaiLv69/DuoDecoding.

Speculative decoding (SD) has attracted a significant amount of research attention due to the substantial speedup it can achieve for LLM inference. However, despite the high speedups they offer, speculative decoding methods often achieve optimal performance on high-end devices or with a substantial GPU memory overhead. Given limited memory and the necessity of quantization, a high-performing model on a high-end GPU can slow down by up to 7 times. To this end, we propose Skippy Simultaneous Speculative Decoding (or S3D), a cost-effective self-speculative SD method based on simultaneous multi-token decoding and mid-layer skipping. When compared against recent effective open-source SD systems, our method has achieved one of the top performance-memory ratios while requiring minimal architecture changes and training data. Leveraging our memory efficiency, we created a smaller yet more effective SD model based on Phi-3. It is 1.4 to 2 times faster than the quantized EAGLE model and operates in half-precision while using less VRAM.

High-Frequency Trading (HFT) is pivotal in cryptocurrency markets, demanding rapid decision-making. Social media platforms like Reddit offer valuable, yet underexplored, information for such high-frequency, short-term trading. This paper introduces PulseReddit, a novel dataset that is the first to align large-scale Reddit discussion data with high-frequency cryptocurrency market statistics for short-term trading analysis. We conduct an extensive empirical study using Large Language Model (LLM)-based Multi-Agent Systems (MAS) to investigate the impact of social sentiment from PulseReddit on trading performance. Our experiments conclude that MAS augmented with PulseReddit data achieve superior trading outcomes compared to traditional baselines, particularly in bull markets, and demonstrate robust adaptability across different market regimes. Furthermore, our research provides conclusive insights into the performance-efficiency trade-offs of different LLMs, detailing significant considerations for practical model selection in HFT applications. PulseReddit and our findings establish a foundation for advanced MAS research in HFT, demonstrating the tangible benefits of integrating social media.

Manipulating next-token probabilities during generation can bypass the safety alignment of large language models. Existing approaches, however, rely on access to model weights or numerical token probabilities and therefore do not apply to interfaces that return only sampled text. Reconstructing probabilities from sampled outputs offers a possible alternative, but finite sampling produces sparse and noisy estimates, while repeating this process at every generation step incurs substantial query costs. Our empirical observations suggest that large distributional changes along successful jailbreak trajectories are concentrated at a small subset of positions, motivating selective control. We introduce , a framework for jailbreaking through text-only continuation interfaces that permit repeated sampling and assistant-prefix continuation. Sample-Based Distribution Reconstruction combines sampled outputs with a prior over unobserved actions to obtain a usable control signal. Risk-Gated Residual Control uses the evolving response prefix to decide when to reconstruct and modify the distribution, concentrating sampling costs at selected positions. Speculative Multi-Token Execution further amortizes target calls by verifying and accepting draft prefixes that require no intervention. Across four target endpoints and three benchmarks, achieves the highest mean score most comparisons against baselines.

The long chain-of-thought (LongCoT) capability is central to the recent breakthroughs achieved by large language models in complex reasoning tasks. However, the accompanying issue of ''underthinking'', where models exhibit shallow reasoning by frequently switching thoughts without sufficient exploration, limits both performance and token efficiency. To address this problem, we propose a simple yet effective reasoning strategy: the SmartSwitch inference framework. This framework can be easily integrated into any large language model as a plug-and-play solution, continuously monitoring the model's reasoning process to detect underthinking and guide it toward deeper exploration of promising but overlooked thoughts. Specifically, the perception module identifies points where thoughts switch and evaluates the potential of the preceding thought using an off-the-shelf process reward model (PRM). If a high-potential thought is found to be prematurely abandoned, the intervention module interrupts the ongoing inference, backtracks to the point before the switch, and inserts a "deepening prompt" to encourage further exploration along that promising path. Extensive experiments on challenging mathematical reasoning benchmarks demonstrate that our method significantly enhances the performance of various large language models of different sizes.