Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [POW] PERKLE - FAIR RELEASE SMART CONTRACT PLATFORM
by
technik42
on 12/07/2020, 09:44:39 UTC
Quote from: discord
The XPZ Ethereum contract is finished and will be deployed and tested this month.

While initial bridging/chain-hopping will be a simplified exchange done via PerkleBot, the long term goal involves an implementation of an oracle-based cross-chain voting protocol which uses witness/validator nodes that are elected based on staking commitments.

These witness/validator nodes observe transaction receipt logs on "Chain A", do additional queries for validation, then submit their votes (their version of what happened in a swap initiation) to a contract on "Chain B" to prove a cross-chain transfer has been initiated and with what parameters.

It's more complex than this but we will share more details as they are implemented and tested.

The plan is to move this from an initially centralized bot-based swap model to a fully decentralized cross-chain voting model where witness nodes can earn additional XPZ by voting in good faith as determined by consensus of stakeholders.

We are still discussing this internally; it should be considered a "skunkworks" project that will evolve over time. As always, we welcome your feedback and ideas.

Our team is currently focused on bringing our consumer-focused SaaS product to market that will bring more awareness to Esprezzo and Perkle while exploring this idea. The SaaS product has evolved quite a bit since our previous product previews and we're excited to share more on that soon!