From dfa3739de79385c0b185238ee724176ae713d947 Mon Sep 17 00:00:00 2001 From: Leo Date: Mon, 31 Aug 2020 12:18:02 +0200 Subject: [PATCH] Add docs/security.md stub --- docs/security.md | 20 ++++++++++++++++++++ 1 file changed, 20 insertions(+) create mode 100644 docs/security.md diff --git a/docs/security.md b/docs/security.md new file mode 100644 index 00000000..17bd773d --- /dev/null +++ b/docs/security.md @@ -0,0 +1,20 @@ +# Security Properties + +- Wormhole is a decentralized proof-of-authority system. All nodes - called guardians - have equal voting power. + + A 2/3+ majority is required for guardians to achieve consensus. + + The guardian set will consist of Solana validators, reputable community members, ecosystem stake holders + and other parties whose incentives strongly align with Solana and Solana ecosystem projects like Serum. + + - We believe that this model is easier to implement and reason about and more likely to result in incentive alignment + with Solana ecosystem stakeholders than launching a separate PoS chain. + + - It is possible to add staking in the future. + +- Wormhole is leaderless. All nodes perform the same computation upon observing an event. + +- Wormhole acts as a decentralized cross-chain oracle, observing finalized transactions on one + chain and producing a joint signed statement of all guardians on another chain. + +