Proof-of-stake, bounded set
Consensus is permissionless proof-of-stake with a bounded active validator set. Operators stake, accept delegation, and are subject to slashing, with predictable upgrades governing the protocol over time.
In plain terms: validators are the operators who run the machines that keep the network honest, and earn staking rewards for it. The role we describe commercially as a miner is technically a validator: you run consensus and validate deterministic state transitions — without ever touching a passport, a biometric or a KYC file. That work belongs to issuers, not to you.
Validation here is cryptographic and deterministic. There is no identity for you to inspect and no discretionary judgement to make about a person — only protocol rules to enforce.
Consensus is permissionless proof-of-stake with a bounded active validator set. Operators stake, accept delegation, and are subject to slashing, with predictable upgrades governing the protocol over time.
Validators run consensus servers on CometBFT and validate deterministic protocol state transitions. Blocks reach deterministic finality, so a verified state is final rather than probabilistic.
You never inspect passports, biometrics, names, addresses or KYC files. KYC is performed entirely by issuers; validators only validate cryptographic evidence and deterministic state.
Supply has a hard cap and a long, predetermined declining issuance schedule. Protocol burns from registry leases, issuance and renewal fees and penalties reduce supply — with no promise of perpetual deflation.
On-chain rewards are consensus rewards only. Any optional off-chain proof or status services you choose to run are paid directly, separate from the consensus reward path.
No mainnet ships before independent application, cryptography, infrastructure and economic audits, testnet attack exercises, a bug bounty, and a documented incident-response plan.
These are protocol constants — the same for every validator. You validate state against them; you do not decide them.
Staking, delegation and slashing follow standard proof-of-stake mechanics, governed by a native-token bond reserve and a separate small BTC/XMR remediation reserve under a threshold-vote council and independent custodian. Talk to us about joining the set, or read the consensus and monetary-policy specification.