Smilo v1.9.2.2 — Smilodon Populator — Autonomous community (GETH 1.9.2)


Old sources (deprecated):

New Autonomous Community sources:

The new release — Autonomous community

Smilo Architecture:

1. Go-smilo Node (Modified GETH client)

  1. Created a new consensus algorithm and integrated existing ones.
  2. The P2P layer is modified to allow connections to/from specific pre-set nodes.
  3. The block generation logic has been modified to have two states: `public state root` and `private state root`. Private transactions do not allow the transfer of tokens, transfer of tokens privately should be done via ZK Snarks public smart contracts.
  4. Block validation logic changed to handle `private transactions`
  5. The dual token system introduced. XSM (Smilo) and XSP (SmiloPay). Users pay for transactions with XSP and Gas deposit. The gas deposit is returned if all goes well.

2. Vault Transaction Manager

3. Smilo Blackbox

4. Consensus Algorithms

  • a fault presenting different symptoms to different observers
  • occurs in systems that require consensus
  • defend against failures of system
  • Reach consensus if failures are < 1/3

Sport Consensus State Transitions

What is new?

Smilodon Populator will enable companies to have the ability to govern the fullnodes/validators on a network through a smart contract, deployed upon network initialization or via a planned hard-fork.

1. Governance of the network set

Set of Network Fullnodes/Validators.

2. Open interface allows many governance mechanisms to be further implemented and customized, suiting all enterprise requirements.

Modular Governance.

  1. The minimum quorum and threshold required to add/remove nodes.
  2. The minimum and maximum size of the white-list.
  3. The voting mechanics to add/remove nodes.

Acknowledgements / gr33tz




The latest generation hybrid blockchain platform DAO Cooperative

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

What is an Oracle, and how can it be used on and off the blockchain?

Bitcoin Splash from ATH and INATBA Study for Blockchain Governance

Why more than 90% of blockchain projects fails and why this is good

What Types Of Organizations Should Be Autonomous?

Wolfonaire Chatbox : AMA With Paybswap (14th April, 2021)

Avalanche is now connected to Cross-Chain Bridge

📰 Blockmason Weekly Update: 2018–12–06

Signum Capital has joined TeaDAO as a strategic partner

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Smilo Cooperative

Smilo Cooperative

The latest generation hybrid blockchain platform DAO Cooperative

More from Medium

Reitio Partners with CryptApe DAO!

Memo #0 — NEAR Protocol

Running our Twitter with Government Toucans

Permissionless, Decentralized Web– Revisiting the Basics of Web3