Owners: @Naqib Zarin
Reviewers:
This document contains the ongoing research effort to improve Cryptarchia, Nomos’ consensus mechanism.
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Careful! This document is subject to frequent changes and is not ready for review.
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We aim to enhance Cryptarchia by incorporating:
schemes while preserving Cryptarchia’s key properties such as privacy.
Our research approach begins with a DAG-based consensus protocol in an intentionally simplified model. We then iteratively refine the protocol as we introduce increasingly realistic assumptions in the underlying model.
To achieve our goals, we propose a two-layer DAG-based Private Proof-of-Stake consensus mechanism that decouples batch production from block production. The design features a Batch DAG for distributed state update batching and a Block DAG for incorporating the batches from the Batch DAG and enabling concurrent block proposal and ordering.