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Vincent Bernardoff 2018-05-18 16:53:22 +02:00 committed by Grégoire Henry
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docs/whitedoc/proof_of_stake.rst
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@ -1,3 +1,5 @@
.. _proof-of-stake:
Proof-of-stake in Tezos Proof-of-stake in Tezos
======================= =======================
@ -78,7 +80,7 @@ Delegates
~~~~~~~~~ ~~~~~~~~~
In tezos.alpha, tokens are controlled through a private key called the In tezos.alpha, tokens are controlled through a private key called the
"manager key". Tezos.alpha accounts let the manager specify a public *manager key*. Tezos.alpha accounts let the manager specify a public
delegate key. This key may be controlled by the manager themselves, or delegate key. This key may be controlled by the manager themselves, or
by another party. The responsibility of the delegate is to take part in by another party. The responsibility of the delegate is to take part in
the proof-of-stake consensus algorithm and in the governance of Tezos. the proof-of-stake consensus algorithm and in the governance of Tezos.
@ -171,7 +173,7 @@ and resell them right after.
Cycles Cycles
------ ------
Blocks in the Tezos.Alpha Blockchain are grouped into "cycles" of Blocks in the Tezos.Alpha Blockchain are grouped into *cycles* of
``BLOCKS_PER_CYCLE`` = 4,096 blocks. Since blocks are at least ``BLOCKS_PER_CYCLE`` = 4,096 blocks. Since blocks are at least
``TIME_BETWEEN_BLOCKS`` = one minute apart, this means a cycle lasts *at ``TIME_BETWEEN_BLOCKS`` = one minute apart, this means a cycle lasts *at
least* 2 days, 20 hours, and 16 minutes. In the following description, least* 2 days, 20 hours, and 16 minutes. In the following description,
@ -244,7 +246,7 @@ Endorsements
~~~~~~~~~~~~ ~~~~~~~~~~~~
To each baking slot, we associate a list of ``ENDORSERS_PER_BLOCK`` = 32 To each baking slot, we associate a list of ``ENDORSERS_PER_BLOCK`` = 32
"endorsers". Endorsers are drawn from the set of delegates, by randomly *endorsers*. Endorsers are drawn from the set of delegates, by randomly
selecting 32 rolls with replacement. selecting 32 rolls with replacement.
Endorsers receive a reward (at the same time as block creators do). The Endorsers receive a reward (at the same time as block creators do). The
@ -272,7 +274,7 @@ The commitment must be revealed by the original baker during cycle
fees of the block that included the seed commitment (the associated fees of the block that included the seed commitment (the associated
security deposit is not forfeited). security deposit is not forfeited).
A "revelation" is an operation, and multiple revelations can thus be A *revelation* is an operation, and multiple revelations can thus be
included in a block. The revelations are hashed together to generate a included in a block. The revelations are hashed together to generate a
random seed at the very end of cycle ``(n-ALLOWED_FORK-1)``. random seed at the very end of cycle ``(n-ALLOWED_FORK-1)``.
@ -282,8 +284,8 @@ can be contained in any given block. Thus, 1 /
(``MAX_REVELATIONS_PER_BLOCK`` \* ``BLOCKS_PER_COMMITMENT``) = 1/1024 of (``MAX_REVELATIONS_PER_BLOCK`` \* ``BLOCKS_PER_COMMITMENT``) = 1/1024 of
the blocks in the cycle are sufficient to include all revelations. the blocks in the cycle are sufficient to include all revelations.
Denounciations Denunciations
-------------- -------------
If two endorsements are made for the same slot or two blocks at the same If two endorsements are made for the same slot or two blocks at the same
height by a delegate, this can be denounced. The denunciation would be height by a delegate, this can be denounced. The denunciation would be