The settlement layer
Emin Chain
In developmentA permissioned ledger intended to combine decentralized access with regulated oversight, with religious supervision built into consensus rather than reviewing it afterwards.
What the papers say
A Fiqh-compliant decentralized settlement layer enabling peer-to-peer transactions through a federated network of nodes.
DeCe is a hybrid Decentralized–Centralized model. It combines the accessibility, transparency and self-custody of decentralized finance with the regulated, risk-managed environment of centralized finance. No leverage is used and risk is shared equally.
The Islamic Federated Byzantine Agreement extends Federated Byzantine Agreement with three additions: Islamic Supervisory Nodes, verified public nodes, and the consensus protocol itself. Supervisory nodes are operated by Islamic scholars.
The chain uses Stellar as its base and operates as a permissioned distributed ledger governed by verified stakeholders.
Comparative figures published in the Lightpaper: settlement in 3–5 seconds, 1,500–3,000 transactions per second, 0.03 Wh and 0.000015 kg CO₂ per transaction.
What it is meant to do
DeCe: hybrid by design
Decentralized finance gives access and self-custody but little oversight. Centralized finance gives oversight but concentrates power. The design intent takes the first's accessibility and the second's accountability, with no leverage and shared risk.
01Supervisory nodes in consensus
The Islamic Federated Byzantine Agreement extends federated consensus with nodes operated by scholars, participating in agreement itself rather than auditing it after the fact.
02Verified nodes only
Every participating node is publicly identified rather than anonymous, which is what makes ethical screening enforceable at the network layer.
03Design targets, not a benchmark
Published figures put settlement at 3–5 seconds and throughput at 1,500–3,000 transactions per second. These are targets from the papers, not a measurement of a running system — none exists yet.
04Not yet true
Stated plainly, not hedged
- No testnet and no mainnet — the network has not been deployed in any form
- No source repository has been published
- No independent security audit, because there is no implementation to audit
- No energy figure has been independently measured
What has to happen first
A selected and published consensus implementation, a public test deployment with no value at stake, and an independently measured energy profile.