September 4th, Starknet community member Ilia Volokh proposed the "Simple Decentralized Protocol Proposal". This proposal allows for the maximum simplification of the protocol under the assumption that more than 2/3 of the staking is honest. The simplified protocol will mainly consist of four key parts: · Leader election based on proof of stake to determine the schedule of block proposers; · Create a Tendermint-style consensus protocol for proposer networks to reach consensus on each block; · Chain proof mechanism, where each proposer must prove the previous block to ensure decentralized proof; · Timed L1 state updates to regularly migrate L2 states to L1 while merging chain proofs.
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Starknet Community Proposes Simplified Decentralized Protocol
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