Specifications

Extensible proof of stake network

Blacknet instantiates the asynchronous proof of stake consensus mechanism. An asynchronous consensus is the optimum in terms of decentralization. Proof of stake is based on a digital scarcity, not physical resources, and thereby escapes the mass–energy arbitrage due to E=mc².

Cold staking and pooled staking were implemented in Blacknet proof of stake version 4.

Features

Platform features are in development.

Planned Features

Block version signalling by active stakers may be used for protocol upgrades.

Future Research Directions

Papers