[berberous]

This article has more details: https://techcrunch.com/2018/07/09/distributed-ledgeroasis-la...

Some highlights from the article are below. Seems like a smart team tackling interesting problems, but as with most projects in this space, raising crazy amounts of money way too early.

1. Raised $45 million (!) in pre-sale financing.

2. 'Song says that her project has solved the scaling problem by separating execution from consensus.

“For each smart contract execution, we randomly select a subset of the computation nodes to form a computation committee, using a proof of stake mechanism. The computation committee executes the smart contract transaction,” Song wrote in an email exchange with TechCrunch. “The consensus committee then verifies the correctness of the computation results from the computation committee. We use different mathematical and cryptographic methods to enable efficient verification of the correctness of the computation results. Once the verification succeeds, the state transition is committed to the distributed ledger by the consensus committee.”

By having the computation committee working in parallel with the consensus committee only needing to verify the correctness of the computation creates an easier path to scalability.'

[trhway]

>we randomly select a subset of the computation nodes to form a computation committee, using a proof of stake mechanism.

who is that "we" who "selects" and what is the source of randomness (i.e. distributed verifiable randomness)? For example, in Satoshi PoW that PoW itself is such a verifiable source of randomness which thus does the "selection".

[aakilfernandes]

It sounds like what is commonly referred to as "sharding" in Ethereum. Is this the case, or is it something different?

By that I mean, are they implementing sharding a different way, or are they going an alternative route?