How it works

The plain-language layer above the white paper: one concept per page, each with the numbers the protocol actually uses. RFC-0012 is the normative specification of the election.

1. Slot election

   One draw per stake output per slot, secret until its header is published.

2. Time and the clock

   Why the header has no timestamp, and where a node gets its time.

3. Eligibility

   Ticket records in the first 45 days, then one aged stake output.

4. Null blocks

   What a quiet slot is, and why it is not a failure.

5. Cryptography

   SQIsign, its standardisation status, hidden keys and the migration path.

6. Settlement

   Confirmations by attacker share, restoration pins and checkpoints.

7. Limitations

   The open problems, verbatim from the white paper.