Protocol
The Fleek Protocol is designed to deliver computation cheaper, faster and more efficiently than existing cloud providers by allowing anyone to offer computer resources for rewards. Including, secured information about who requested it on the network.
The Fleek Protocol is a proof-of-stake protocol, that takes advantage of Ethereum for staking, payments, governance and other economic features.
This is achieved by a combination of SNARKs (Succinct Non-interactive Argument of Knowledge), Narwhal and Bullshark consensus, including other cryptographic and economic guarantees to achieve a trustless decentralized and long-term sustainable environment.
It's important to keep track of these components to ensure that the system is running fairly. The protocol holds the state for the following:
Token Balances
Staking details
The Node Reputation
Data on how much work a Node has performed in a given epoch
As a decentralized network, the state of these is replicated across all of the distributed nodes in the network by forming a blockchain, in which consensus on transactions transmutes to the final immutable state.
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