Introduction

Welcome to Bahamut ! This guide aims to introduce you to the Bahamut blockchain ecosystem. Whether you're new to blockchain development or experienced with Ethereum, this resource will orient you to building on Bahamut's EVM-compatible network. Bahamut is an EVM-based, layer 1, public blockchain solution that aims to transform how distributed networks approach block rewards among network participants by adding a crucial parameter to the algorithm - activity. The activity parameter is represented by the amount of gas used by a validator's smart contract, and this amount is taken into consideration when distributing the chance to become a block proposer and earn rewards. Bahamut’s novelty consensus – Proof of Stake and Activity (PoSA).

PoSA is a variation of PoS (Proof of Stake), which adds a new parameter called activity. This activity is represented by the total amount of gas spent by a validator-deployed smart contract, and it is taken into account when determining the chances of becoming a validator in the next epoch. Put simply, the more activity a validator has, the higher their chances of becoming a validator in the future, and the greater the rewards they can earn.