Coda Mindmap By Bi23 Labs

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Coda Mindmap By Bi23 Labs por Mind Map: Coda Mindmap By Bi23 Labs

1. R&D

1.1. Direction

1.1.1. A cryptocurrency with a tiny portable blockchain.

1.2. Official

1.2.1. Official Website

1.2.2. Whitepaper

1.2.2.1. Economics whitepaper

1.2.2.2. Technical whitepaper

1.2.3. Blockexploer

1.3. Network

1.3.1. Testnet Leaderboard

1.3.1.1. 3.2 will release on April 20, 2020.

1.3.2. Coda Block Explorer

1.3.3. Network Dashboard

1.4. Core technology

1.4.1. ZK-SNARKs

1.4.1.1. Zero-Knowledge Succinct Non-Interactive Argument of Knowledge

1.4.1.2. A proof construction where one can prove possession of certain information, e.g. a secret key, without revealing that information, and without any interaction between the prover and verifier.

1.5. Core Team [ O(1) Labs ]

1.5.1. CEO

1.5.1.1. Evan Shapiro

1.5.1.1.1. Graduated from Carnegie Mellon with a BS in computer science.He then obtained his research MS while working in the CMU Personal Robotics Lab.

1.5.2. CTO

1.5.2.1. Izaak Meckler

1.5.2.1.1. PhD student studyed cryptography at UC Berkeley, he has contributed to numerous open source projects including the Elm compiler.

1.5.3. Strategy& Operations

1.5.3.1. Brad Cohn

1.5.3.1.1. He holds a BS in math from UChicago with a minor in computational neuroscience, has diverse work experience

1.6. Investors

1.6.1. $3.5M from MetaStable, Polychain Capital, Electric Capital, Naval Ravikant, Elad Gil, Linda Xie, Fred Ehrsam, Kindred Ventures, and SciFi VC.....

2. Media

2.1. Twitter

2.1.1. 7334 follows, active

2.2. Discord

2.2.1. Active

2.3. Telegram

2.3.1. 4110 members, active

2.4. Forum

2.4.1. active

3. Token

3.1. Native Token

3.1.1. Coda

3.1.1.1. The initial supply is 1, 000, 000, 000. Each coda is divisible into 1 billion units (nanocoda).

3.2. Genesis Token Program

3.2.1. Starts at January 22, 2020, Up to 1000 members will be selected to receive a distribution of 66,000 tokens as founding members of Genesis.

3.2.2. How to become a member?

3.2.2.1. Apply

3.2.2.2. Join Discord

3.2.2.3. Participate in testnet

3.2.3. More details

3.2.3.1. At mainnet launch, 6.6% of the protocol will be distributed.

3.2.3.2. Distributions will be locked up for up to four years after mainnet launch.

3.2.3.3. Starting on mainnet launch, Genesis founding members will have to participate as block producers and continuously stake all tokens received from the Genesis Program.

3.2.3.4. New members will be announced on a rolling basis.

3.3. Network roles and Incentives

3.3.1. Verifiers

3.3.1.1. The zk-SNARK certifies consensus information and a Merkle root to a recent ledger state. Verifiers can request Merkle paths to relevant parts of the state. By checking the Merkle path, verifiers ensure that the parts of the state are indeed contained within the same ledger that’s certified by the zk-SNARK.

3.3.2. Block Producers

3.3.2.1. Like miners or stakers in other protocols. They are incentivized by protocol distributions in the form of block rewards or coinbase transactions, as well as network fees paid by users.

3.3.3. Snarks

3.3.3.1. Snarks are network participants who produce zk-SNARKs that verify transactions. They are compensated by posting fees for doing so, called bids, and if their SNARKs are used in a block, the block producer pays out those fees from the total transaction fees.

3.4. Supply Schedule

3.4.1. Supply Schedule

3.4.2. Coda’s nominal inflation will begin at 12%. Then, over the first 5 years, it'll fall to 7% and remain at 7% thereafter by default, subject to changes via the governance.

3.5. Economics of a transaction

3.5.1. Economics of a transaction