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What is Arrekta

The quantum-safe settlement layer for issued assets. Arrekta is a public proof-of-work, multi-asset UTXO chain where stablecoins, tokenised deposits and other real-world assets are issued and settled with NIST post-quantum cryptography today.

  • Post-quantum by default. ML-DSA (FIPS 204) signatures, a hybrid X25519 + ML-KEM-768 encrypted P2P transport, and SHA3-256 hashing everywhere. See Post-quantum cryptography.
  • Native issued assets. Issue, mint and burn assets without contracts. Optional issuer controls (freeze, clawback) are declared at issuance, public, and enforced by consensus. See UTXO & native assets.
  • Bitcoin-merged-mined. Blocks prove their work with an AuxPoW in Namecoin's format, so Bitcoin pools can secure Arrekta at no extra cost. See Merged mining.
  • Signed checkpoints for finality. A public, rotatable post-quantum signer group makes blocks final; no reorganisation crosses a final checkpoint. See Checkpoints & finality.
  • Spending policies, not a VM. Multisig, timelocks, hashlocks, HTLCs, vaults and vesting come from one small audited policy language. See Locks & policy locks.
  • Two independent implementations. A Rust production node and a Python reference node agree byte for byte on shared conformance vectors.

Why a settlement chain

Arrekta's benchmark for "solid" is Bitcoin and Liquid: a simple, conservative base layer that does a few things and never breaks. That means:

  1. Nobody can rewrite history cheaply (merged mining plus signed checkpoints).
  2. The rules never change by accident (normative spec, two implementations, shared vectors).
  3. The network stays up under attack (P2P hardening, DoS limits).
  4. Miners keep being paid enough to secure it, forever (a permanent 0.6 ARRK tail emission).
  5. Operators can run it with confidence (monitoring, signed reproducible releases, incident process).

Some features of application platforms are deliberately not on layer 1:

FeatureWhy Arrekta doesn't need it
General smart contracts (EVM/SVM)Issuance, restrictions, freeze and clawback, multisig, escrow (HTLC), vaults, vesting and atomic swaps (PST) are native. A VM is a large attack surface and weakens the "assets behave predictably" promise.
Proof of stakePoW keeps fair issuance and no validator set to capture; finality comes from signed checkpoints without stake.
Blob data availability, rollupsSettlement volume doesn't need them yet.

The door stays open: reserved lock kinds and version-bits deployments let any of these arrive later as a soft fork.

How it compares

BitcoinEthereumSolanaArrekta
ConsensusPoWPoSPoSPoW (merged with Bitcoin) + ASERT, signed checkpoints
Post-quantumproposals (BIP-360)roadmap targetnoneML-DSA, ML-KEM, SHA-3 today
Native assets with issuer controlsnocontractstoken programyes, enforced by consensus
L1 throughput~7 TPS~15–30 TPSthousands~12 TPS (≈35 with Falcon, once FIPS 206 is final)
Independent implementationsseveralseveral22

The full comparison, with sources, is in Layer architecture and L1 gap analysis.

The stack

LayerWhatStatus
L3 productsindexer (Esplora-compatible), gateway (API keys, quotas, PQ-signed webhooks), wallet service, issuer service, live streams, SDKsbuilt; SDKs in progress
L1 ledgerUTXO multi-asset, issuer controls, policy locks, PST, compact filters, soft-fork path, fee bumping, state commitmentbuilt
Consensusmerged-mined PoW + ASERT, signed checkpoints, tail emissionbuilt
L0 networkPQ transport, headers-first sync, compact blocks, eviction and ADDR limitsbuilt