Coda is the first cryptocurrency protocol that remains decentralized at scale.
“Scalability” refers to Coda’s ability to handle throughput of thousands of transactions per second. “Decentralization” refers to the accessibility of verifying the chain state and synchronizing as a new user. Synchronizing the chain state with Coda requires receiving less than a megabyte of data, allowing devices like smartphones to securely perform transactions independent of how long the protocol has been running or how many transactions have been performed.
Transactions on Coda can also be verified independent of their complexity, allowing complex computations on its blockchain without burdening the network. Coda achieves these features without sacrificing either scaling or decentralization through the use of recursive composition of zk-SNARKs in a novel architecture that implements a decentralized ledger. The resulting consensus protocol is consistent and responsive as long as at most 1/2 of the mining power is malicious.
Features & Highlights
- Inclusive consensus: Simple, fair consensus designed so you can participate. Participation is proportional to how much stake you have in the protocol with no lockups, no forced delegation, and low bandwidth requirements.
Sustainable scalability: With Coda's constant sized blockchain and energy efficient consensus, Coda will be sustainable even as it scales to thousands of transactions per second, millions of users, and years of transactions history.
Token Sale & Economics
- Project website: https://codaprotocol.com/
- Project whitepaper: https://cdn.codaprotocol.com/v2/static/coda-whitepaper-05-10-2018-0.pdf
- Token sale start time: TBA
- Ticker: TBA
- Token type: Own Wallet
- Total hard cap: TBA
- Total supply: TBA
- Evan Shapiro, CEO, Evan Shapiro graduated from Carnegie Mellon with a BS in computer science. He then obtained his research MS while working in the CMU Personal Robotics Lab, where he did research for the HERB robotics platform. He has also worked as a software engineer for Mozilla.
- Izaak Meckler, CTO, Izaak Meckler is a mathematician and computer scientist. Most recently, he was a PhD student studying cryptography at UC Berkeley. Prior to that, he worked as a software engineer at trading firm Jane Street, and has contributed to numerous open source projects including the Elm compiler.
- Brad Cohn, Strategy and Operations, Brad Cohn has diverse work experience, including stints in an electrophysiology lab, high frequency trading firm, a technology think tank, and a hedge fund.
- Brandon Kase, Protocol Engineer, Brandon Kase loves functional programming. He was first introduced to it while pursuing his BS in computer science at Carnegie Mellon. He has worked as a software engineer for Highlight (acquired by Pinterest), Pinterest, Facebook, and Mozilla.
- Corey Richardson, Protocol Engineer, Corey Richardson is a seasoned open source contributor, recently working primarily on the Rust compiler and libraries. They studied computer science at Clarkson University and have worked at Dyn, Mozilla, Leap Motion, and NICTA.
- Deepthi Kumar, Protocol Engineer, Deepthi is a functional programming enthusiast and software engineer. In her recently completed master's work, Deepthi designed GitQL, a novel embedded DSL for querying textual changes in software repositories.
- Nathan Holland, Protocol Engineer, Nathan is a passionate, self-taught programmer who loves programming languages and paradigms and using high-level abstractions to create high-performance systems.
- John Wu, Protocol Engineer, John Wu obtained a BS in Applied Mathematics at UCLA and a MS in Computer Science at NYU. His academic interests in CS and Math span many different fields with particular focus on programming languages and machine learning.
- Joel Krauska, Protocol Reliability Eng, Joel builds networks. He loves open source technologies, automation and monitoring large systems at scale. Over the years, he has worked for ISPs, network hardware and software vendors, online gaming companies, consumer electronics, large scale websites and network analytics companies.
- Paul Steckler, Protocol Engineer, Paul is a functional programmer and researcher. In the academic realm, he's followed his interest in PLs, type systems, and formal verification through collaborations with INRIA, the MIT PLV Group, and NICTA.
- Vanishree Rao, Protocol Researcher, Vanishree is a theoretical and applied cryptographer with deep experience in industry and academia. She earned her PhD at UCLA through her work on zk-proofs, multiparty computation, hashing, and pseudorandom functions, among other projects.
- Echo Nolan, Protocol Engineer, Echo is interested in programming languages, type systems and prediction markets. He has made open source contributions to Idris and various parts of the Haskell ecosystem. He's also made and lost a fair amount of money trading predictions on Augur.
- Matthew Ryan, Protocol Engineer, Matthew Ryan is a self-taught programmer with a strong interest in computer-aided theorem proving, formal program verification, and functional programming. He has been involved with several open-source projects, and passionately believes in the open-source philosophy.
- Rebekah Mercer, Protocol Researcher, most recently, Rebekah was a PhD student at Aarhus University, where she was advised by Claudio Orlandi and Ivan Damgård. Her research revolves around cryptography and privacy, particularly privacy in cryptocurrencies.
- Jiawei Tang, Protocol Engineer, Jiawei loves writing interpreters and type checkers. He received his BS in computer science from Indiana University, and he's fascinated by categorical semantics and dependent type theory. Currently, he is implementing a toy dependently typed language called Pie.
- Avery Morin, Protocol Engineer, Avery first encountered OCaml during his BSc in software engineering at McGill University. Since graduating, he's been involved in the ReasonML community in his free time. He's worked on several projects including Reprocessing, a cross-platform port of Processing designed for beginners to the language.
- Nacera Rodstein, Operations Associate, Nacera has had a career spanning startups, medium sized companies, and corporations. After earning her BS and MS from IAE in Lille, France, Nacera moved to San Francisco. Over the next decade, she worked with Bleacher Report (through growth from 10 to 60 employees and an acquisition by Turner), Mokum Solutions, Sephora, Venture Beat, AMSI, Oracle, and a software sales business which she helped start up and scale.
- Harold Herbert, Lead Designer, Harold previously designed brands, products, and experiences at Hired, Flipboard, Zillow, and with a range of technology companies while running an independent design studio. He believes that all design is experience design. Regardless of the medium, the end goal is for the well-being of the user.
- Jill Carlson, Advisor, Jill has worked with the IMF and is an advisor to cryptocurrency and blockchain-based ventures. Previously, Jill ran strategy at blockchain start up Chain, where she managed initiatives with Nasdaq and State Street. Jill has conducted academic research on cryptocurrency at the University of Oxford, where she focused on the economic and political implications of bitcoin.
- Paul Davison, Advisor, Paul Davison is the CEO of CoinList - the leading platform for high quality, compliant token sales and airdrops. Prior to CoinList, Paul was the Founder/CEO of Highlight (acquired by Pinterest), an EIR at Benchmark Capital, and a VP at Metaweb (acquired by Google). He holds a BS from Stanford University and an MBA from Stanford Business School.
- Joseph Bonneau, Advisor, Joseph is an assistant professor at NYU. His research has spanned a variety of topics in cryptography and security including HTTPS and web security, passwords and authentication, cryptocurrencies, end-to-end encrypted communication tools, and side-channel cryptanalysis. He is co-author of the popular textbook "Bitcoin and Cryptocurrency Technologies" and co-taught the first MOOC on cryptocurrencies.
- Akis Kattis, Advisor, Akis is a PhD candidate in Computer Science at NYU's Courant Institute, where he is advised by Professors Joseph Bonneau and Yevgenyi Dodis. His research revolves around cryptography, privacy, and security, currently focusing on the privacy and scalability issues affecting cryptocurrencies.
- Benedikt Bunz, Advisor, Benedikt is a PhD student in the Applied Crypto Group at Stanford and he is advised by Dan Boneh. His research focuses on improving the cryptography of cryptocurrencies. He has done research on zero knowledge proofs (Bulletproofs), verifiable delay functions, super light clients, confidential smart contracts and proofs of solvency.
- Amit Sahai, Advisor, Amit Sahai is a Professor of Computer Science at UCLA, Fellow of the ACM, and Fellow of the IACR. His research interests are in security, cryptography, and theoretical computer science. He is the co-inventor of Attribute-Based Encryption, Functional Encryption, Indistinguishability Obfuscation, author of over 100 technical research papers, and invited speaker at institutions such as MIT, Stanford, and Berkeley.