What the Whitepaper Covers
The whitepaper spans the full protocol stack, from low-level consensus mechanics to the high-level economic incentive structure. Here are the key sections:
Adaptive Consensus (Section 2)
We introduce a novel BFT-based consensus protocol that dynamically adjusts its parameters based on network conditions. During periods of high throughput, the protocol optimizes for speed with more aggressive batching. During lighter loads, it prioritizes finality guarantees and validator participation fairness.
Elastic Execution Model (Section 3)
The execution environment uses a lane-based architecture where compute resources are allocated dynamically. Each lane can process transactions independently, enabling true parallel execution. The whitepaper details the scheduling algorithm that prevents lane starvation while maximizing throughput.
Embedded Service Layer (Section 4)
Unlike chains that rely entirely on smart contracts for DeFi primitives, COOL embeds core financial services directly into the protocol. This includes:
- Native settlement engine for atomic multi-party transactions
- Integrated routing for optimal trade execution across liquidity pools
- Protocol-level oracle feeds with cryptographic attestation
- Built-in bridge contracts for cross-chain asset movement
Fee Market Design (Section 5)
COOL implements a dual fee market where base fees adjust algorithmically to target 50% block utilization, while priority fees operate as a first-price auction. This creates predictable costs for regular users while allowing time-sensitive transactions to bid for priority inclusion.
Token Economics (Section 6)
The COOL token serves as both a staking asset and a fee denomination. The whitepaper details the 25-year emission schedule, staking rewards curve, and the deflationary mechanisms built into fee burning. The design aims for long-term sustainability without relying on inflationary rewards.
Peer Review Welcome
We encourage researchers, developers, and protocol designers to review our work critically. Feedback can be sent to info@cool.icu. We believe that rigorous peer review strengthens the protocol and builds genuine trust.
