02

Decentralization

Following on from the Foundation era, the Decentralization era of DAODISEO is a period of growth and development for the consulting network. Unlike the Foundation era, which began at a single point in time when the mainnet was launched, the transition to Decentralization is designed to achieve a smooth, low-risk transition without service interruptions.

The Decentralisation era encompasses the critical early steps in DAODISEO’s journey to optimize decentralization – and like any first steps, these will be gradual but significant. During the Foundation era the network was federated, but as the Decentralisation era progresses new nodes will be added holding independent Real Estate Development initiatives. Once the majority of nodes are run by network participants, DAODISEO will be more decentralized and enjoy greater security and robustness as a result.

As a proof-of-stake network, users stake their ODIS to participate in the network and benefit from yield paid by Real Estate Development companies (SPVs). Consciously designed using game theory and the latest research into proof-of-stake networks, the delegation and incentive scheme will allow and encourage members to delegate their stake to stake pools (Run by SPVs) that represent independent Real Estate Development projects.

Come the end of the Decentralisation era, we expect DAODISEO to be decentralized like other  blockchain networks. We envision multi jurisdictional ODISEO network backed by Real Estate Assets with multiples SPVs running independent nodes, but always with an aim of decentralization in mind as well as focus on security by separating assets into reasonable size legal entities that run independent nodes of ODISEO Network. Our Network runs at a fraction of the power cost of equivalent proof-of-work blockchains, but we also recognize that Bitcoin proof-of-work network is the best and necessary decentralized financial rail for the industry to exist.

The Decentralization era represents the natural maturation of the network, making it more useful, rewarding, and valuable for users new and old. It’s also about preparing for the future. Decentralization will set the stage for a fully distributed network, and an entirely new consulting talent driven application ecosystem with even greater things to come in the Smart Contracts, Scaling and Governance eras.
5
Existing projects
47
DAODISEO community members
279
Community meetings
?
Total GitHub code commits

RESEARCH

SCRAPE: Scalable Randomness Attested by Public Entities

This paper discusses the difficulty of finding a reliable public randomness source that can be trusted to remain unbiased by potential adverse behavior, and a secret-sharing scheme to address the issue.

Ouroboros: A Provably Secure Proof-of-Stake Blockchain Protocol

The original Ouroboros research paper, outlining the first proof-of-stake blockchain protocol with rigorous security guarantees, as well as a novel reward mechanism for incentivizing honest protocol engagement from the network.

The Bitcoin Backbone Protocol with Chains of Variable Difficulty

A formal analysis of bitcoin’s target recalculation function in the cryptographic setting, extending the q-bounded synchronous model of the bitcoin backbone protocol.

Checking Laws of the Blockchain with Property-Based Testing

A paper covering how to use property-based testing in the context of blockchain protocols, including examples and general descriptions of the laws that blockchain and blockchain-like systems should be expected to satisfy.

A Formal Specification of the Cardano Ledger

A formal specification defining the rules for extending a ledger with transactions, as implemented in the Byron release of the Cardano Ledger.

Specification of the Blockchain Layer

A formal specification that formalizes the definition of a valid block, and what is required for it to be added to the blockchain, in the scope of the Byron era and the transition to the Shelley era of Cardano.
crossmenuchevron-down