Architecture
Lilypad Network Architecture
Last updated
Lilypad Network Architecture
Last updated
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The architecture of Lilypad is inspired by the research paper titled "Mechanisms for Outsourcing Computation via a Decentralized Market." The paper introduces MODiCuM, a decentralized system that allows for computational outsourcing in an open market. Just like MODiCuM, Lilypad aims to create an open market of computational resources by introducing various decentralized services like solver, resource provider, job creator, mediator, and directory services. MODiCuM's unique approach to deterring misbehavior in a decentralized environment through dedicated mediators and enforceable fines has influenced Lilypad's own design, particularly in the areas of dispute resolution and system integrity.
For an in-depth understanding, you can read the paper here.
Abstract of the paper: Mechanisms for Outsourcing Computation via a Decentralized Market As the number of personal computing and IoT devices grows rapidly, so does the amount of computational power that is available at the edge. Since many of these devices are often idle, there is a vast amount of computational power that is currently untapped, and which could be used for outsourcing computation. Existing solutions for harnessing this power, such as volunteer computing (e.g., BOINC), are centralized platforms in which a single organization or company can control participation and pricing. By contrast, an open market of computational resources, where resource owners and resource users trade directly with each other, could lead to greater participation and more competitive pricing. To provide an open market, we introduce MODiCuM, a decentralized system for outsourcing computation. MODiCuM deters participants from misbehaving-which is a key problem in decentralized systems-by resolving disputes via dedicated mediators and by imposing enforceable fines. However, unlike other decentralized outsourcing solutions, MODiCuM minimizes computational overhead since it does not require global trust in mediation results. We provide analytical results proving that MODiCuM can deter misbehavior, and we evaluate the overhead of MODiCuM using experimental results based on an implementation of our platform.
