Latus Incentive Scheme: Enabling Decentralization in Blockchains based on Recursive SNARKs
This solves the problem of incentivizing decentralized participation in blockchain systems for developers and users, though it is incremental as it builds on existing SNARK constructions.
The paper introduces an incentive scheme for the Latus sidechain, which enables decentralized proof creation in SNARK-based blockchains, addressing a gap from prior work to support real-world decentralization.
In the Zendoo whitepaper we introduced a novel SNARK-based construction that allows Bitcoin-like blockchains to create and communicate with sidechains of different types without knowing their internal structure. We also introduced a specific construction, called Latus, allowing creation of fully verifiable sidechains. In the paper we omitted a detailed description of an incentive scheme for Latus that is an essential element of a real decentralized system. This paper fills the gap by introducing details of the incentive scheme for the Latus sidechain. The represented ideas can also be adopted by other SNARK-based blockchains to incentivize decentralized proofs creation.