oib/aitbc

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oib 15427c96c0 chore: update file permissions to executable across repository

- Change file mode from 644 to 755 for all project files
- Add chain_id parameter to get_balance RPC endpoint with default "ait-devnet"
- Rename Miner.extra_meta_data to extra_metadata for consistency

2026-03-06 22:17:54 +01:00

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Consensus Mechanism

Understand AITBC's proof-of-authority consensus mechanism.

Overview

AITBC uses a Proof-of-Authority (PoA) consensus mechanism with:

Fixed block time: 2 seconds
Authority set of validated proposers
Transaction finality on each block

Block Production

Proposer Selection

Proposers take turns producing blocks in a round-robin fashion. Each proposer gets a fixed time slot.

Block Structure

{
  "header": {
    "height": 100,
    "timestamp": "2026-02-13T10:00:00Z",
    "proposer": "ait-devnet-proposer-1",
    "parent_hash": "0xabc123...",
    "state_root": "0xdef456...",
    "tx_root": "0xghi789..."
  },
  "transactions": [...],
  "receipts": [...]
}

Consensus Rules

Block Time: 2 seconds minimum
Block Size: 1 MB maximum
Transactions: 500 maximum per block
Fee: Minimum 0 (configurable)

Validator Requirements

Requirement	Value
Uptime	99% minimum
Latency	< 100ms to peers
Stake	1000 AITBC

Fork Selection

Longest chain rule applies:

Validators always extend the longest known chain
Reorgs occur only on conflicting blocks within the last 10 blocks

Finality

Blocks are considered final after:

1 confirmation for normal transactions
3 confirmations for high-value transactions

Quick Start — Get started
Validator Operations - Validator guide
Networking - P2P networking

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