Technical Specs

Verifier and Prover

Fusotao Protocol is composed of two core components:

  1. A blockchain acts as the verifier

  2. n off-chain matching system acts as the prover.

Currently, we have built the blockchain based on the substrate as a standalone blockchain, by cooperating with the Octopus Network we can bridge to NEAR and other substrate-based application chains. By trading on a Fusotao integrated trading platform, users do not need to transfer coins to the platform, instead, they just need to authorize coins. After the authorization is completed, only the state is changed from “free” to “reserved” state, and coins are still kept in your wallet. The“reserved” status of coins will not change until the off-chain prover outputs proofs. The off-chain prover is a standard matching engine just like other CEX matching systems with an extra proving engine. The matcher will update the states within it immediately but the assets won’t be changed until the proofs are verified.

You can consult more details in our Technical Greenbook.

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