Parachains
Parallelized Chain
Integral to ATLETA's multi-chain architecture, parachains, or parallelized chains, are application or use-case-specific blockchains running adjacently to ATLETA. These chains can have their tokens, governance frameworks, and consensus features but ultimately anchor to ATETA's validator set to inherit their security guarantees.
At this time, BCsports is testing the parachain functionality and conducting manual onboarding. *This trusted set-up is required at the earliest stages in order to conduct proper due diligence (to standardize the criteria for parachains), ensure technological consistency and detect/mend any potential issues that might arise.
Any network(s) that may be interested in becoming parachains on ATLETA, we invite you to reach out to the team on our official Discord or Telegram channels.
Once the parachain modules are finalized, they will become permissionless and more detailed information on becoming a parachain will be made available in the official Github Repository.
The earliest implementation of ATLETA is building on data sets exclusive to Football/Soccer; however, with a pipeline of introducing every sport over time, BCSports has begun experimenting with the possibility of instantiating a chain for each individual sport and anchoring them back to the ATLETA base chain for security. By dedicating an independent chain to each sport, there is more granularity in design which allows to isolating fee markets and combat the collision of arbitrary data (DEFI or Memecoin manias should not congest the user experience when a minting event is taking place).
How to Become a Parachain
Becoming a Parachain on ATLETA requires that contenders submit proposals to the Governance forum, participate in a blind candle auction by bidding $ATLA coins, and prove their operational capabilities.
The exact processes are still to be determined based on the outcome of the results gathered during the trusted testing period. While the specifications may change, the general concept should remain consistent with the information below:
1) Submitting a Proposal Every new parachain that joins ATLETA directly impacts the network's state and therefore all of the participants. Thus, every contender must coherently articulate their positions and reasoning by addressing all of ATLETA's members publicly via governance proposal. Voting over parachain auctions lasts a total of 604,800 blocks (21 days) and takes place 864,000 blocks (30 days) ahead of the auctions themselves, allowing some buffering time in case of inactivity from governance members or if a proposal is denied. Denied Proposals are given 72 hours periods to resubmit. Proposal submittal closes 201,600 blocks (7 days) before voting begins. Resubmittals close 144,000 blocks (5 days) before the voting period ends.
2) Bidding $ATLA After the voting period ends, all of the contenders with accepted proposals, are given 259,200 blocks (9days) to lock in their bids. The bid tokens are locked into a security vault to guarantee chain alignment and avoid being used for conflicting votes (if tokens are left in wallet addresses, malicious competing actors might attempt to vote on multiple chains for parity, causing a perpetual lock-out). The underlying assumption being that the more ATLA tokens a contender commits to becoming a parachain, the more likely it is to be aligned with producing value (avoiding spam).
Auctions are conducted in a blind candle structure to further discourage conflicting voting and ensure fair participation. Blind meaning that the bid amount is not revealed and candle means that each competing bid, must be higher than the last one. Sophisticated contenders may be able to *imperfectly deduce other contender bids due to all transactions being recorded on-chain. Although winning bids are heavily reliant on collateral size, they are not entirely dependent on them; other factors including but not limited to voter skew in proposal acceptance and proof of competence, are factored in.
3) Operational Competence It is possible that multiple contenders win an auction; in this case an operational competence competition is engaged. The competition is a 864,000 block (30 day) long period where each contender is given the chance to prove their operational abilities. They will be issued certain tasks by the governance community and allowed free-space to show the benefits they will ultimately be able to bring to ATLETA's ecosystem.
Parachain Specs
Minimum Starting Bid Threshold: 100,000 $ATLA (~0.01334% total supply) Bidding Duration: until last bid is un-contended for over 86,400 blocks (72 hours) Auction Frequency: Quarter Annual Maximum amount of Parachains: 100* (with plans to increase once majority are taken) Lifetime of a Parachain: 3 years (31,536,000 blocks) Parachain Renewal: Proposal-resubmittal, Bid-relock, non-contentious
As more chains connect to and demand resources from the ATLETA validators, the block space on ATLETA becomes more valuable. As the complexity in deterring malicious or low-value (spam) chains from diverting resources during mission-critical operations grows, the innate value of the underlying validator set grows in tandem; theoretically reflecting itself as the costs for becoming a validator.
Parachains that connect through ATLETA can automatically communicate with each other by using ATLETA IO as a relay host. This inter-chain communication is possible through XCM or Cross-Consensus Messaging (XCM).
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