Core Smart Contracts on Laïka

Laïka network relies on a set of smart contracts to govern operations, manage state data, and enforce security rules. These core smart contracts empower developers to build secure and scalable decentralized applications on Laïka. Here's a breakdown of the key contracts:

• Governance Contract: This contract serves as the foundation for Laïka's on-chain governance system. It facilitates proposals for network parameter changes (transaction fees, validator selection criteria, reward distribution mechanisms, etc), voting mechanisms using Laika tokens, and execution of approved changes. Smart contracts define and enforce the core rules governing the Laïka network.

• State Management: Smart contracts track and maintain the current state of the Laïka network, including user balances, transaction history, and validator information. This ensures all participants operate on the same consistent data set.

• Validator Contract: Manages the validator pool, including validator selection based on the consensus mechanism (Proof-of-Stake), reward distribution, and validator performance monitoring.

• Sequencer Contract: Governs sequencer operations, including data availability proofs for Laïka transactions on the Dogecoin network, and potential reputation management for sequencers.

• Bridge Contract: Enables seamless transfer of assets between Laïka and other blockchains, especially Dogecoin. This contract manages asset locking on Dogecoin and unlocking on Laïka (and vice versa), ensuring secure and verifiable cross-chain transactions.

• Account Abstraction Contract : This contract aims to simplify user experience by separating user accounts from their private keys. It manages user identities and transaction signing processes, potentially enhancing security and usability. This contract will allow users to use their Dogecoin Wallets to interact with dApps on Laïka.

• Security Enforcement: Smart contracts implement security protocols to safeguard the network. They validate transactions, verify proofs submitted by sequencers, and prevent malicious activities.