Discover the Rchain Cooperative
Proof-of-stake is a solution devised to incentivize transaction validation and storage processes by requiring a security deposit (stake) and rewarding authentic verification consensus, rather than rewarding miners for solving cryptographic puzzles.
n this second and final part, we will explore two variants of the operational semantics for ρ-calculus. These variants turn out to be more suitable for modeling biological and physical phenomena than the π-calculus or ambient calculus. The first variant deals with process annihilation, which is a relationship between processes reminiscent of matter/antimatter annihilation. The second variant deals with contextualized communication and allows for ease of communicating between different protocol layers.
Pure ρ-calculus is an elegant, abstract, minimal model for asynchronous, concurrent computation. It was designed to be useful, powerful, and efficient, but not necessarily “user-friendly.” As is, it does not provide a robust programming language. This can be easily remedied by injecting names. This is how Rholang was born.
We speak with two of the leading software engineers working on the CBC Casper framework and its implementation in RChain, Michael Birch and Kent Shikama. In this conversation at RCon3, we discuss everything from blockDAGs to the GHOST fork-choice rule. Below, we give an overview of the topics covered.
Now, we will explain program equivalence and operational semantics. We will also discuss the concepts of monoids and monads and their connection to computational calculi.