Welcome to the resource topic for 2021/399
Title:
Latus Incentive Scheme: Enabling Decentralization in Blockchains based on Recursive SNARKs
Authors: Alberto Garoffolo, Dmytro Kaidalov, Roman Oliynykov
Abstract:In our previous paper we introduced a novel SNARK-based construction, called Zendoo, that allows Bitcoin-like blockchains to create and communicate with sidechains of different types without knowing their internal structure. We also introduced a specific construction, called Latus, allowing creation of fully verifiable sidechains. But in there we omitted a detailed description of an incentive scheme for Latus that is an essential element of a real decentralized system. This paper fills the gap by introducing details of the incentive scheme for the Latus sidechain. Represented ideas can also be adopted by other SNARK-based blockchains to incentivize decentralized proofs creation.
ePrint: https://eprint.iacr.org/2021/399
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