This paper conducts an in-depth analysis of the design philosophies of Bitcoin and Ethereum, pointing out that the three major technical issues proposed by Ethereum regarding blockchain (Turing incompleteness, consensus mechanism efficiency, and network scalability) are not genuine problems, but rather stem from a misunderstanding of Bitcoin's core principles. This misunderstanding has led Ethereum to violate the design principles of energy conservation and decentralization in areas such as global state management and proof-of-stake consensus, resulting in a closed system of entropy increase that is difficult to achieve sustainable development.
To this end, the Agere consensus proposes a design theory for intelligent cryptocurrencies based on the BEVM(λ) paradigm, which is grounded in Bitcoin's UTXO model, input calculations, consensus algorithms, and consensus-aware algorithms. It distills four core elements: a business closed loop of energy conservation, decentralized emergent consensus characteristics, Individual based autonomous design, and a distributed stateless computing model. Within this framework, a dual-layer consensus architecture is designed, including the traditional parent consensus inherited from Bitcoin and the future-oriented child consensus (Agere consensus). Through the BTC staking dual-token model and an Agent-based workload resource allocation mechanism, the Agere consensus retains the security and stability of Bitcoin while achieving intelligent and diversified distributed collaboration.
This paper also discusses the current challenges faced by the Agere consensus, such as scoring decentralization, scalability, and emergence mechanisms, and proposes future optimization directions, including improving consensus quantification algorithms, strengthening individual models, and optimizing the entry calculation system. Ultimately, the Agere consensus aims to build a smart cryptocurrency system that fully complies with the BEVM(λ) paradigm, providing a new paradigm for blockchain technology innovation and guiding the direction of industry development.
The emergence of Ethereum in 2015 brought a new direction for blockchain technology, and its three core issues profoundly influenced the technical roadmap of the industry. However, due to a fundamental misunderstanding of Bitcoin's core principles, the views proposed by Ethereum regarding Turing completeness, consensus mechanism efficiency, and network scalability have led the development of blockchain over the past nearly ten years to deviate from the essence of Satoshi Nakamoto's design of Bitcoin.
In the development of blockchain technology led by Ethereum, three core directions for technological improvement have emerged:
These three directions of technological improvement actually reflect a deep misunderstanding of the essence of Bitcoin:
These fundamental issues indicate that the technological improvements of the Ethereum era have actually deviated from the core design principles of Crypto commerce, namely, distributed closed-loop commerce based on energy conservation, decentralization of the Individual, and emergent consensus mechanisms. The cognitive deviation of Ethereum not only fails to address the original problems but also leads to deeper systemic challenges.
We analyzed the fundamental issues in the development of blockchain during the Ethereum era. The existence of these issues prompted us to re-examine the Bitcoin system. Through an in-depth analysis of Satoshi Nakamoto's design philosophy, we proposed the BEVM(λ) paradigm equation to reveal the essential reasons for Bitcoin's success.
The system consists of four core components: the Individual model, the calculation, the consensus algorithm, and the consensus perception algorithm. In the Bitcoin system, the specific implementations of these components are:
Through the four components of the BEVM(λ) paradigm, we can systematically analyze the design differences between Bitcoin and Ethereum:
1. Individual Model
Bitcoin: A distributed individual model based on UTXO, where each transaction output is an independently autonomous unit of value
Ethereum: Adopts a centralized state tree based on accounts, where all account states rely on global storage
2. λ Calculus
Bitcoin: The UTXO-based stateless functional transaction model ensures the distributed nature of computation
Ethereum: Turing-complete computation based on EVM, introducing global state, undermining the independence of computation
3. Consensus Algorithm Design
Bitcoin: In the POW mechanism, each miner performs independent hash calculations by adjusting the nonce value, and the system consensus naturally emerges from this decentralized computational competition
Ethereum: Centralized voting consensus using POS mechanism, losing emergent characteristics
4. Consensus Perception Quantification Mechanism
Bitcoin: Established a complete mapping relationship from computational power input to BTC value output
Ethereum: The energy input of verification nodes is negligible, lacking a value system of energy conservation
From the perspective of BEVM(λ), Bitcoin strictly adheres to the Individual distributed design principles across all four components. In contrast, Ethereum deviates from this core principle in each component in order to achieve a Turing complete smart contract platform. Particularly in the consensus-aware quantification mechanism, the lack of necessary external energy input results in the system becoming a closed entropy-increasing system, which is the fundamental reason why projects like Ethereum have failed to achieve a sustainable business model.
Based on the analysis of existing issues in Crypto narratives and the proposed BEVM(λ) design theory, we focus our current research on addressing the "intelligence" problem of Crypto systems. The core of intelligence lies in autonomy and emergence, rather than the mechanical execution and traces of human manipulation that characterize intelligent systems, making it difficult to achieve true decentralization.
Taking Bitcoin as an example, its intelligence stems from the entropy-increasing process of unlimited disordered computational power competition in the proof of work (PoW), where the dynamic adjustment of nonce gives rise to the system consensus and the entropy-reducing process of valuing BTC, completing the transition from non-intelligence to intelligence.
On this basis, the Agere consensus proposes the design of intelligent tokens BEVM based on the BEVM(λ) paradigm, which not only inherits the energy conservation business model of Bitcoin but also achieves future-oriented intelligent development through an innovative dual-layer consensus architecture.
The Origin of BEVM
The development of BEVM has undergone a deep reflection on the core design concepts of Bitcoin and Ethereum, and has gradually formed the current paradigm through multiple technical explorations.
1. BTC Layer 2 Exploration Stage
2. Taproot Consensus Phase
3. SuperBitcoin Phase
4. BitAgere Stage
5. BEVM(λ) Stage
Establishment of the Dual Consensus Framework
In the technological accumulation and reflection of the aforementioned stages, we established the dual-layer consensus architecture of BEVM
1. Mother Consensus: Linking the Past
The mother consensus inherits the core design of the Bitcoin network, including its highly decentralized consensus mechanism and energy conservation model, providing a secure and stable foundation for the BEVM system.
2. Sub-consensus: Looking to the Future
The sub-consensus is centered around Agere consensus, exploring new models of distributed economy by strictly adhering to the BEVM(λ) paradigm. Agere consensus particularly focuses on energy conservation and emergent properties, laying a theoretical foundation for the sustainable development of intelligent cryptocurrencies.
Through a dual-layer consensus architecture, BEVM can maintain a deep connection with Bitcoin while achieving a new intelligent development path through Agere consensus. BEVM focuses on the issues that have been perceived in the present and continues to address them.
4.1.1 Bitcoin Staking Dual Token Model
Based on the initial value accumulation, the mother consensus introduces a dual token model based on Bitcoin staking, which ensures the continuity of the Bitcoin network's security and provides participating nodes with a flexible proof-of-stake incentive mechanism
1. Non-custodial staking of Bitcoin:
Nodes can lock a certain amount of BTC into the network through the Lightning Network's layer two protocol, without the need to entrust it to a centralized institution. This ensures the security of the assets and decentralization.
2. Time Pledge and Energy Conservation:
The generation process of BEVM tokens follows the law of conservation of
energy:
The generation of BEVM tokens is directly proportional to the amount of BTCstaked (bi) and the staking duration (ti), as expressed in the following formula:
Among them, k is the reward coefficient set by the system, used to reflect the ratio of BTC staking to BEVM token generation.
3. Dual-token coordination mechanism:
4. Randomness and Threshold Mechanism:
4.1.2 Consensus Algorithm: BFT PoS Mechanism Based on Aura + GRANDPA
The BEVM system employs a BFT PoS consensus algorithm based on the Substrate framework within the mother consensus architecture, combining the efficient features of Aura and GRANDPA. Aura serves as the block production mechanism, rapidly generating new blocks through a rotating leader model, ensuring high throughput and low latency for the system. GRANDPA acts as the finality mechanism, quickly confirming the blockchain state through a Byzantine fault-tolerant full network voting process, enhancing the chain's security and irreversibility. The two work in synergy to achieve high performance, high security, and strong consistency in blockchain consensus, providing a solid foundation for BEVM's distributed economic model.
The Agere consensus mechanism starts from the core issue of optimizing the consensus quantification function, aiming to achieve a quantitative assessment of individual contributions and reasonable incentive distribution in intelligent multi agent systems. From its inception, the Agere consensus strictly adheres to the principle of energy conservation in business closed-loop systems: by quantifying the workload of agents, it directly maps this to the output of equity tokens (BEVM), realizing a closed-loop structure of value flow.
Agere consensus adopts a hierarchical allocation mechanism, decomposing the complex agent collaboration problem into two parts for optimization: intra-system and inter-system. This design balances subjective scoring with objective measurement, allowing the system to capture the diversity of complex behaviors while maintaining overall fairness and consistency.
1. BEVM Production Mechanism Based on Agent Workload
The primary goal of the Agere consensus is to directly map the completion of tasks by agents to the output of equity tokens through the quantification of workload, specifically including:
2. Compromise Quantification Scheme for Subjective Scoring
In the quantification of task contributions, some non-explicit factors (such as creativity and collaboration) are difficult to comprehensively measure through objective indicators. To address this issue, the Agere consensus introduces a
subjective scoring mechanism, allowing agents to achieve a comprehensive quantification of contributions through mutual evaluation.
Based on this, we propose two core elements: scoring (w) and equity pledge (s)
This design balances subjective expression and objective constraints, allowing for the quantification of the Agent's contribution to the goal through constrained subjective evaluations within the system, while also measuring the importance of different systems through cross-system weighted scoring. Based on these two core elements, we have designed a top-down hierarchical allocation process: first, a preliminary division of resources is conducted between systems, followed by further refinement of allocations within each system. This hierarchical approach ensures the rationality of overall resource distribution while maintaining the autonomy of local systems.
a.The consensus scoring generation mechanism forms a consensusscore wˉj for each evaluated subject j (which may be a system or Agent) from all scores. This is achieved through a staked-weighted median mechanism:
This formula implements the process of "pledge-weighted voting":
-si: The pledged amount of Agent i
-k: Consensus threshold (usually 0.5)
-I(wij ≥ w) is an indicator function, which equals 1 when the scoreis greater than or equal to , and 0 otherwise
-si⋅I(wij ≥ w)indicates the total amount of staking that supports a rating of at least
-κ⋅ Σsi set the minimum staking ratio threshold required to form a consensus
-Ultimately, wˉj selects the maximum possible score that meets the threshold requirements.
b Scoring correction mechanism: In order to balance the autonomy of individual scoring and the stability of the system, the original scores are corrected:
This linear combination implements soft constraints:
-β:Adjustment parameter, with values between [0,1]
-Retained the original score wij at a ratio of (1β), maintaining the diversity of scores
-Introduce a consensus score wˉj of β proportion, constraining the anomaly score
-The β parameter can be adjusted according to systemrequirements, and a larger value will make the ratings more consistent.
c Emission allocation calculation: Finally, the system calculates the emission allocation based on the revised scores and the amount pledged
This allocation mechanism ensures:
-The molecule Σi (si ⋅ w~ij ) represents the total score weighted by the stake obtained by Agent j
-Normalization of the weighted scores summed over all agents in the denominator
-The staked amount si plays a key role in the scoring weight
-The final allocation Ej reflects the combined effects of scoring and staking
Through this layered allocation mechanism, the Agere consensus not onlyachieves a rational allocation of resources between systems but also ensures thedistribution of incentives within the system, ultimately allocating equity tokensprecisely to each Agent.
To ensure the fairness and sustainability of BEVM, the consensus layer designed a self-evolving economic model at the beginning of the system's launch. This model, while ensuring decentralization and security, enables the network to possess high vitality in its early stages through no pre-mining, deflationary issuance, and diversified incentive distribution, thereby laying a solid foundation for subsequent long-term development.
1. Total amount 2.1 billion, no pre-mining and halving issuance
2. Three-way Distribution of Block Rewards
The issuance amount of each new block in BEVM adopts the "parent consensus + child consensus + treasury " three-dimensional distribution model, achieving multi-party incentives and ecological win-win
3. Decentralized Governance and Fund Utilization
In order to build an intelligent cryptocurrency system that fully complies with the BEVM(λ) paradigm, we need to further address the following three key issues based on the current Agere consensus. The resolution of these issues involves not only breakthroughs at the technical level but also a deeper understanding of system design theory, to achieve comprehensive optimization of the cryptocurrency system in terms of energy conservation, decentralization, and emergent properties.
Current limitations
The existing consensus quantification algorithms face the following issues in practical applications:
Optimization Direction
Future research will focus on the following directions:
Current limitations
The existing system still follows the account model of Ethereum, which leads to the following issues:
Optimization Direction
To address the above issues, future work will focus on:
Current limitations
The existing design of smart contracts has the following issues:
Optimization Direction
In response to these challenges, future work will focus on:
This paper conducts an in-depth examination of the three major issues of Turing incompleteness, consensus mechanism efficiency, and network scalability proposed by Ethereum, revealing that these technical improvements actually deviate from the core design principles of cryptocurrency. Based on this understanding, we propose the BEVM(λ) paradigm, which consists of four core components: the Individual model, λ calculus, consensus algorithms, and consensus-aware algorithms.
The elements not only reveal the essence of Bitcoin's success but also provide a theoretical foundation for the design of intelligent cryptocurrencies. Based on this, we have designed an innovative dual-layer consensus architecture: the parent consensus based on Bitcoin ensures the security and stability of the system, while the child consensus centered on Agere consensus opens up a future-oriented path for intelligent development.
In order to ultimately achieve true intelligent cryptocurrency, our team will continue to explore improvements in consensus quantification algorithms, reinforcement of individual models, and optimization of the λ calculus system.
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