Smart contracts for POSDAO, a Proof of Stake Decentralized Autonomous Organization consensus
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README.md

POSDAO Smart Contracts

Implementation of POSDAO consensus algorithm in Solidity language.

About

POSDAO, a Proof-of-Stake (POS) algorithm implemented as a decentralized autonomous organization (DAO). It is designed to provide a decentralized, fair and energy efficient consensus for public chains. The algorithm works as a set of smart contracts written in Solidity. The POSDAO is implemented with a general purpose BFT consensus protocol such as AuthorityRound with a leader and probabilistic finality, or Honeybadger BFT, leaderless and with instant finality. It incentivizes actors to behave in the best interests of a network. The algorithm provides a Sybil control mechanism for reporting malicious validators and adjusting their stake, distributing a block reward, and managing a set of validators. The authors implement the POSDAO for a sidechain based on Ethereum 1.0 protocol.

Other POSDAO Repositories and Resources

Whitepaper and License

Work in progress. Will be published later.