Protocol Native
The DEX runs as a first class citizen of the Amaroo protocol, where market execution is part of the block building process.
New Consensus: Proof of Reflection and Ultra Terminum
Amaroo uses a new consensus mechanism, Ultra Terminum (UT), built from the ground up around chain-to-chain cooperation.
This cross-chain consensus strategy allows otherwise independent blockchains to share security, providing the basis for a scalable, unified ecosystem.
Natively Multi-Chain
UT is built on multi-chain consensus and is natively $O(c^2)$ scalable. This base layer is called the Simplex. Additionally, Amaroo will image external chains like Bitcoin, Litecoin, and Ethereum, enabling a global non-custodial DEX.
Ultra-Fast Confirmations
Confirmation rate scales with the number of chains. Thus, the time-to-confirmation is $O(c^{-1})$. Amaroo's initial configuration will have a maximum confirmation frequency on the order of ~10 Hz (100 ms / confirmation).
Shared Security
Using Proof of Reflection, simplex-chains additively share security with one another such that attacking one chain is as hard as attacking the entire network. This dispersal of work also provides additional resilience against 51% attacks.
The Mechanism: Proof of Reflection
Proof of Reflection (PoR) is the functional mechanism behind Ultra Terminum. It is the cryptographic proof that one chain's history has been immutably recorded within another, creating a recursive security feedback loop.
For a full explanation, see the lightpaper.
Start the demonstration for a brief explanation.
The Structure: A Simplex
A network of mutually reflecting blockchains forms a Simplex. This is not sharding; it is the emergence of a single, coherent network formed by independent chains. Attacking one chain requires attacking the network.
Total Reflections: 3
Uncompromisingly Useful
Native DEX (x2)
Amaroo hosts two DEXs for each imaged external chain — the Settlement DEX is a non-custodial Central Limit Order Book (CLOB); and the OTC DEX for faster, non-custodial market orders.
Anywhere-To-Anywhere
Amaroo's trustless dual DEX design enables automatically routed transactions between any two supported external chains — without the need to run an Amaroo node.
Dapp-Chains
Amaroo's dapp-chain design facilitates application-specific child-blockchains, enabling use cases that are otherwise untenable such as high-volume dapps, voting systems, or other complex cryptographic systems.
The Amaroo DEX
Protocol Native, Cross Ecosystem Settlement
Non-custodial
Fully P2P; all exchanges occur from the safety of your own wallet, directly trading coins on the transaction layer of their native blockchain. No bridges, vaults, or deposits.
Ecosystem Extensibility
Amaroo directly interacts with external chains without imposing protocol changes, enabling seamless cross-chain transactions.
The road to mainnet.
Amaroo's core concepts come from deep research.
With early ideas forming from 2013.
Phase 0: Pre-Amaroo
2013 - 2017
- (2013) Max (Amaroo's Inventor) begins conceptualizing a DEX protocol.
- (2014) Max invents microchains (a precursor to the Ethereum's Beacon chain, and PoR and UT).
- (2016) Max's contribution acknowledged in the Polkadot whitepaper as influential in Ethereum's design.
Phase 1: Bootstrap
2021 - 2023
- Amaroo formed.
- Proof of Reflection and Ultra Terminum invented.
- Whitepaper research and development.
- Security verified through scientific experimentation.
Phase 2: Build
2024-2025
- Core consensus and node development.
- Public Testnet launch.
- Community initialisation.
Phase 3: Mainnet
2026+
- TGE & Mainnet launch.
- Focus on future research & integrations.
- Dapp-chain development, tiling research.