Description
Nockchain is a Layer 1 blockchain that uses Zero-Knowledge Proof of Work (ZKPoW) as its consensus mechanism. Miners produce blocks by generating zero-knowledge proofs in a competitive puzzle, targeting approximately ten-minute block intervals with difficulty adjusting every two block-weeks. Transactions follow a UTXO-based notes model with an intent-based execution approach: users and applications declare conditions under which notes may be spent, and off-chain solvers generate zero-knowledge proofs satisfying those conditions before submitting them on-chain. Native lockscript types include Schnorr signature locks, timelocks, hashlocks, ZK-proof locks, Merkle proof locks, and fraud proof locks, composable in Merklized script trees. Multiple intents from independent off-chain applications can be batched into aggregated proofs for atomic settlement through a shared sequencer model. An elastic block size allows the chain to accommodate increased proof volume without fixed throughput limits. $NOCK is the native a