On April 1st, World Mobile released the first version of their AyA Whitepaper. The Whitepaper outlines World Mobile’s hybrid Layer-2 solution which consists of a highly decentralised and secure Financial Settlement Layer, a Trust Layer, and a scalable and competitive Telecommunications Settlement Layer, known as “AyA”.
The AyA node is present in the software of an EarthNode, allowing EarthNode Operators (ENOs) to offer their resources to provide infrastructure for value-added services and communications. Customers keep their financial assets on the Financial Settlement Layer, and delegators hold World Mobile Tokens (WMTs) and stake them to one or more EarthNodes. The AyA consensus mechanism is used by validator nodes inside the EarthNodes to reach agreement and achieve finality, and the AyA Committee is a rotating and randomly-selected subset of all the EarthNodes that operate the trustless interface to the Layer-1 chains in the system.
The whitepaper has introduced several new concepts and components surrounding the new World Mobile Chain (WMC) which include Stake Injection and Light Clients which receives messages from the mainchain, and is connected to a Cardano-Node to listen to events and look up historical mainchain data.
The AyA Whitepaper is available via this link, however, please note that it is a work in progress and is iterative.