Means a generally accepted agreement on an opinion or decision within a group.
In this section we describe some mainstream Consensus Protocols and the ones specifically involved in our proposition.
PoW & PoS are the two most famous and common protocols, but there are many being introduced or developed these days. But we use neither.
Although simple and effective in coming to a decentralized consensus on the next block producer, proof of work with Nakamoto consensus consumes an incredible amount of energy, has no economic or provable finality, and has no effective strategy in resisting the formation of cartels.
CryptoArena is a Layer 2 ecosystem built as a Parachain that shares its security and interoperability with Polkadot's Relay Chain (Layer 1) and the rest of L2s in its network. This means that the state transitions of our blockchain are secured by the Polkadot Relay Chain's Validator set.
The CryptoArena Distribution Chain is our custom innovation, deployed as a parachain, sporting a custom protocol dubbed Proof or Revenue Distribution (PoRD). It is a hybrid, customized flavor of PoA + PoB, featuring provable finality.
Zenchain is a smart contract blockchain that integrates Zenroom by Dyne into the Substrate environment, also deployed as a parachain. The really cool thing about Zenroom, other than it is secure, small and efficient, is that it allows to deploy smart contracts in Zencode, a plain English-like DSL, that does not require any technical knowledge or programming synthax to use.
In the Substrate ecosystem, these components are cleanly separated from one another and can be combine to develop complex solutions. Buttons for more.