RelayAgere

Agere 1 - RelayAgere

RelayAgere is an agere in Alpha stage, with the primary goal of building an Oracle network to provide Oracle services for any blockchain. Currently, this agere has implemented the Relay functionality for the Bevm network, assisting Bevm in implementing Bitcoin light node functionality.

This article uses Relayagere as a case study to provide a detailed explanation of agere characteristics.

Validators

Core Responsibilities

Validators are responsible for evaluating the quality of BEVM-related transactions submitted by executors by analyzing on-chain transaction records. Only transactions that comply with Bevm specifications and execute successfully are deemed valid.

Incentive Mechanism

• Rewards correlate with evaluation fairness: higher authenticity in evaluation leads to higher incentives, while malicious/arbitrary scoring significantly reduces earnings

• Fairness is guaranteed by the agere consensus mechanism, with final determinations made through collaborative evaluation by multiple validators

• Stake amount determines competition priority, with the network continuously rewarding the top 64 validators by stake amount

• Validators enjoy higher fixed incentives than executors; dropping below the top 64 positions results in loss of eligibility (can continue participating as executors)

Executors

Core Responsibilities

• Identify and submit BEVM-related Bitcoin transactions to the network

• Increase transaction processing priority by paying gas fees

• Bear the risk of transaction failure (gas fees must still be paid for unsuccessful transactions)

Incentive Mechanism

• Revenue Source: Number of successfully submitted and verified valid transactions × reward coefficient per transaction

• Gas Strategy: Paying higher gas can increase transaction ordering priority, but costs and benefits must be balanced

• Zero-sum Competition: For identical transactions within the same block, only the first high-gas transaction receives rewards, other executors' gas payments are non-refundable

Competition Mechanism

• Gas Bidding Principle: Transactions are ordered by descending gas fees, with high gas prioritized

• Hardware Performance Impact: Executors with lower network latency can broadcast high-gas transactions faster

• Risk Hedging: Need to predict transaction repetition probability to avoid excessive gas payments leading to losses

Key Process Example When executors A, B, and C simultaneously submit identical transactions to the current block:

1. Executor A pays 0.01 BEVM gas

2. Executor B pays 0.02 BEVM gas

3. Executor C pays 0.015 BEVM gas → System prioritizes Executor B's transaction, A and C's gas fees are deducted with no reward

Role Compare

	Validator	Executor
Central Task	adjudication of transaction validity	transaction identification and submission
Revenue model	stable staking rewards + evaluation incentives	high-risk trade success reward
Cost Type	opportunity cost (staking capital lock-up)	sunk cost (failed gas loss)
Key Competencies	depth of protocol understanding + evaluation accuracy	off-chain transaction detection speed + gas strategy optimization