Introduction
Last updated
Last updated
The GODE Smart Chain is an innovative solution that brings programmability and interoperability to the GODE chain. The GODE smart chain relies on a system of 21 active verifiers with a proof of Interest (PoSA) consensus that can support short exit times and lower costs. The most pledged verifier candidate will become the verifier and generate blocks. Double signature detection and other confiscation logic guarantee the safety, stability and the finality of the chain. In addition to the 21 active validators, GODE introduces more verifiers into the validator collection, such as an additional 20 inactive validators as backups, which would be known as "candidates."
Candidates will produce blocks and charge gas fees in GODE mainnet, but in a much less chance than the official validator set of 21 elected. Unavailable candidates will also be cut, albeit in smaller sizes. It is expected to maintain good motivation so that candidate verifiers are willing to ensure quality and help ensure GODE.
In the extreme case, if most of the active 21 verifiers are attacked and go offline, the candidate verifier can report the outdated blocking to the GODE chain, restore it and ultimately propose to re-elect the active verifier set.
The GODE chain also supports smart contracts and protocols compatible with EVM. Due to native support for interoperability, cross-chain transmission and other communications become possible. This dual-chain architecture would be ideal for users to leverage fast transactions on one hand and build decentralized applications on the other. The GODE smart chain will be:
· A self-sovereign blockchain : Provides security and safety with elected validators.
· EVM compatibility: Supports all existing GODE tools, faster final certainty and cheaper transaction costs.
· Interoperability: with efficient native dual-chain communication; optimized for high-performance DApp requiring a fast and smooth user experience.
· Distributed through on-chain governance: Proof of Equity (PoSA) brings decentralization and community participants. GODE executed as a native token as a smart contract and used for pledge.
The important lesson learned from the GODE 2021 is that the "one chain" cannot cover all angles. This poses significant challenges for the network itself and its support infrastructure (eg, RPC / API nodes).
For a DApp with a large number of users, multi-chain and cross-chain should be the solutions.The GODE team firmly believes in the future of partitioned chains and multiple chains, as it can sustain a growing demand for decentralized computing power and storage. This is consistent with many other blockchains in the industry, such as ETH2.0, and the multi-chain strategy in Polkadot, Cosmos, and Avalanche.
Cross-sharding and cross-chain / multi-chain interoperability will be key topics in 2022. The GODE verifier and developer community is committed to realizing GODE's vision of operating at the future crossroads of a decentralized blockchain. Specifically, we aim to achieve this by implementing new technologies on GODE through the GODE partitioning chain infrastructure layer.
