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1 - Decentralized contribution verification

No due date 50% complete

This phase aims to implement a contribution verifier in the Phala network. This function allows setup ceremonies to be performed decentralized and have their state stored on-chain.

A similar concept was tested by a16z in Ethereum using solidity smart contracts (https://a16zcrypto.com/posts/article/on-chain-trusted-setup-ceremony/) however, it was unpracti…

This phase aims to implement a contribution verifier in the Phala network. This function allows setup ceremonies to be performed decentralized and have their state stored on-chain.

A similar concept was tested by a16z in Ethereum using solidity smart contracts (https://a16zcrypto.com/posts/article/on-chain-trusted-setup-ceremony/) however, it was unpractical for use since cost scaled way too fast within the EVM. Phala Network combined with a decentralized storage layer is the perfect solution to allow completely decentralized ceremonies. Verifying contributions is the key algorithm here and is the least resource-intensive in the stack, making it a prime candidate for sideVM.