### Latus Incentive Scheme: Enabling Decentralization in Blockchains based on Recursive SNARKs

Alberto Garoffolo, Dmytro Kaidalov, and Roman Oliynykov

##### Abstract

In our previous paper we introduced a novel SNARK-based construction, called Zendoo, that allows Bitcoin-like blockchains to create and communicate with sidechains of different types without knowing their internal structure. We also introduced a specific construction, called Latus, allowing creation of fully verifiable sidechains. But in there we omitted a detailed description of an incentive scheme for Latus that is an essential element of a real decentralized system. This paper fills the gap by introducing details of the incentive scheme for the Latus sidechain. Represented ideas can also be adopted by other SNARK-based blockchains to incentivize decentralized proofs creation.

Available format(s)
Category
Cryptographic protocols
Publication info
Preprint. MINOR revision.
Keywords
Blockchainsidechaindecentralized consensus protocol
Contact author(s)
horizensidechains @ gmail com
History
Short URL
https://ia.cr/2021/399

CC BY

BibTeX

@misc{cryptoeprint:2021/399,
author = {Alberto Garoffolo and Dmytro Kaidalov and Roman Oliynykov},
title = {Latus Incentive Scheme: Enabling Decentralization in Blockchains based on Recursive SNARKs},
howpublished = {Cryptology ePrint Archive, Paper 2021/399},
year = {2021},
note = {\url{https://eprint.iacr.org/2021/399}},
url = {https://eprint.iacr.org/2021/399}
}

Note: In order to protect the privacy of readers, eprint.iacr.org does not use cookies or embedded third party content.