refactor(docs): update the consensus page #5636
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Ginowine
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| IOTA employs Delegated Proof-of-Stake (dPoS) as the overarching consensus mechanism. In this model: | ||
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| - Token holders delegate their voting power to validators. | ||
| - Validators participate in block production and execute the Mysticeti protocol to finalize transactions. |
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Add staking rewards as the main incentive for validators behaving honestly.
| - The commit rule also tolerates unavailable leaders without significantly increasing the commit latencies. | ||
| - Users submit transactions to validators. | ||
| - Validators execute the Mysticeti protocol to reach agreement on the order and finalization of transactions. | ||
| - The result is a consistently ordered ledger that is agreed upon by an honest majority of validators. |
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Weak arguments for this list. The first two items describe how consensus works, the last item is the actual protocol feature/guarantee. Maybe we should shift focus to features such as: lower latency, higher throughput, faster finality, more energy-efficient (compared to PoW), etc. Or, if we want to talk about protocol security guarantees, then we should be more formal: security, scalability, decentralization and how and why it resists known attacks/issues. Otherwise, this list is non-informative and confusing.
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| The Mysticeti protocol is a leaderless BFT protocol optimized for low-latency and high-throughput using an uncertified DAG structure. It is designed to facilitate efficient and parallel transaction processing while maintaining strong security guarantees. | ||
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| ### Key features of Mysticeti include: |
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Remove include: from the header.
Description of change
This PR will update the consensus page on docs.
Links to any relevant issues
fixes #5578
Type of change
How the change has been tested
Preview test passed locally.
Change checklist