Protocols
Protocol profiles.
Fifteen systems, read as designs. The live network is a later fact.
- CurrentBitcoinA payment ledger without a bank, ordered by proof of work.
- CurrentEthereumA shared machine for programs, not only for payments.
- CurrentOuroborosProof of stake divided into slots, with a snapshot of stake.
- CurrentTendermintA known validator set and a two-thirds quorum.
- CurrentAvalancheRepeated random sampling instead of a full quorum on every round.
- CurrentAlgorandA sampled committee, chosen so the members do not know in time to be bribed.
- CurrentSolanaA clock, a leader schedule, and a pipeline for transactions.
- CurrentPolkadotA relay that checks many chains, rather than one chain that does every job.
- CurrentCosmosSovereign chains that pass messages, each with its own validator set.
- CurrentLightningPayment channels. The base chain is the court, not the till.
- CurrentArbitrumExecution asserted off-chain, with a window in which a fraud proof can challenge it.
- CurrentUniswapA constant-product pool as a market maker.
- CurrentMakerCollateral, a stability fee, an auction, and a shutdown.
- CurrentChainlinkA named committee that signs a value from off-chain.
- CurrentFilecoinA market that pays storage providers who can prove they still hold the bytes.