Blockchain Architecture
Last updated
Last updated
This section delineates the technical specifications of the Bitcoin Solaris blockchain, elucidating our innovative dual-layer structure that synthesizes Bitcoin's robust security model with cutting-edge blockchain technology.
Dual-Layer Architecture
Bitcoin Solaris implements a bifurcated architecture:
a) Base Layer:
Preserves Bitcoin's battle-tested security paradigm
Facilitates core transactions and maintains the primary distributed ledger
Utilizes Nakamoto Consensus via Proof-of-Work (PoW)
b) Solaris Layer:
Enables advanced functionalities and enhanced scalability
Supports Turing-complete smart contracts and decentralized applications (dApps)
Implements Byzantine Fault Tolerant (BFT) Delegated Proof-of-Stake (DPoS) consensus
Block Parameters
a) Block Size:
Base Layer: 2MB (fixed)
Solaris Layer: Dynamic, with an upper bound of 32MB
The increased block size facilitates higher transaction throughput while maintaining network efficiency. The Solaris Layer's dynamic block size employs an adaptive algorithm to optimize performance during varying network loads.
b) Block Time:
Base Layer: 300 seconds (5 minutes)
Solaris Layer: 15 seconds
The reduced block time on both layers significantly enhances transaction finality compared to Bitcoin, while the Solaris Layer's ultra-low latency enables near-instantaneous confirmations for quotidian transactions and dApp interactions.
Consensus Mechanism
Our hybrid consensus model leverages the strengths of both PoW and DPoS:
a) Base Layer (PoW):
Algorithm: SHA-256 (maintaining compatibility with extant Bitcoin ASIC infrastructure)
Difficulty Adjustment: Every 1008 blocks (≈3.5 days), utilizing a modified exponential moving average
Block Reward: Initial issuance of 6.25 BTC-S, halving every 210,000 blocks (≈4 years)
b) Solaris Layer (DPoS):
21 active validators, elected through a stake-weighted voting mechanism
Validator set rotation occurs every 86,400 seconds (24 hours) to ensure adequate decentralization
Staking requirement: Minimum 10,000 BTC-S to qualify as a validator candidate
Network Parameters
a) Total Supply: 21,000,000 BTC-S (mirroring Bitcoin's deflationary issuance model)
b) Initial Token Distribution:
15% pre-mined for development, marketing, and ecosystem bootstrapping
5% allocated to the founding team (subject to a 48-month linear vesting schedule)
80% to be minted through PoW on the Base Layer
c) Transaction Fee Structure:
Base Layer: Dynamic fee market, implementing a modified version of Bitcoin's fee estimation algorithm
Solaris Layer: Gas fee model, denominated in BTC-S, with a base fee and priority fee component
d) Interoperability Protocols:
Cross-chain atomic swaps supported for major cryptocurrencies via Hash Time-Locked Contracts (HTLCs)
Wrapped BTC-S tokens for DeFi applications on heterogeneous chains, utilizing a federated peg mechanism
Smart Contract Functionality
The Solaris Layer supports Turing-complete smart contracts:
Language: Solidity (ensuring compatibility with existing Ethereum development toolchains)
Gas Limit: 30 million units (adjustable through on-chain governance mechanisms)
Execution Environment: Bitcoin Solaris Virtual Machine (BSVM), a modified EVM with enhanced opcodes
Scalability Enhancements
Sharding: Implemented on the Solaris Layer, allowing for parallel transaction processing across multiple shards
Lightning Network compatibility: Enables off-chain transactions for micropayments through bidirectional payment channels
Schnorr Signatures: Implemented on both layers for improved multi-signature operations, privacy, and reduced transaction sizes
Governance and Protocol Upgrades
On-chain governance for protocol upgrades and parameter adjustments
Proposal submission requires an escrow of 1,000 BTC-S
Voting period: 1,209,600 seconds (14 days)
Approval Threshold: 75% supermajority of participating stake
Privacy Enhancements
Optional confidential transactions utilizing zero-knowledge succinct non-interactive arguments of knowledge (zk-SNARKs) on the Solaris Layer
CoinJoin implementation on the Base Layer for improved fungibility and transaction graph obfuscation
This architecture enables Bitcoin Solaris to achieve a theoretical maximum throughput of 3,000 transactions per second (TPS) on the Base Layer and up to 100,000 TPS on the Solaris Layer, positioning it as a highly scalable and versatile blockchain platform while maintaining the fundamental principles of Bitcoin's original vision.