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Introduction

Cowboy is a Layer 1 blockchain designed from the ground up for autonomous agents and verifiable off-chain computation. This document provides a high-level overview of the system architecture.
TL;DR: Cowboy combines a Python-based Actor VM (PVM), dual-metered gas, native timers, verifiable off-chain compute (LLM/HTTP/MCP runners), and encrypted distributed storage (CBFS) into a cohesive protocol for agentic applications.
Note: API names in diagrams and examples reflect the real pvm_host and cowboy_sdk surface. See the SDK Overview and CIP specifications for authoritative behavior.

System Architecture

Core Components

1. Actor VM (Python Runtime)

Purpose: Execute actor (smart contract) code deterministically Key Features:
  • Python bytecode interpreter (no JIT)
  • Deterministic execution (no system calls, software FPU)
  • Dual-metered gas (Cycles for compute, Cells for data)
  • Sandboxed environment (no I/O, no network)
Architecture:
The CIP-6 SDK (cowboy_sdk) sits on top of pvm_host, providing an @actor decorator, CBOR auto-serialization, and a continuation FSM for async runner calls. See: Actor VM Overview · SDK Overview

2. Consensus Layer (Simplex BFT)

Purpose: Achieve agreement on block ordering and finality Key Features:
  • Byzantine Fault Tolerant (BFT)
  • Deterministic finality (no reorgs)
  • Leader-based block proposal
  • Quorum certificates (QC) for votes
Flow:
Properties:
  • Safety: No forks (deterministic finality)
  • Liveness: Progress guaranteed with 2/3+ honest validators

3. Dual-Metered Gas System

Purpose: Fair resource pricing for compute and data Architecture:
Independent Fee Markets:
  • Each resource has its own basefee
  • Basefees adjust independently (dual EIP-1559)
  • Prevents cross-subsidization
See: Fee Model

4. Timer Scheduler (CIP-1)

Purpose: Native timer scheduling with autonomous execution Architecture:
Execution Flow:
  1. Actor schedules a timer (conceptual API; CIP-1 requires specifying a Gas Bidding Agent)
  2. Timer stored in calendar queue
  3. At trigger block:
    • Query GBA for bid
    • Add to priority queue
    • Execute highest bids first (within budget)
See: Scheduler Overview

5. Off-Chain Compute (CIP-2)

Purpose: Verifiable execution of AI models, API calls, heavy computation Architecture:
Selection Mechanism (VRF-based):
Continuation flow:
Builders usually write this as one @runner.continuation function in the SDK. The code before await runner.*(...) submits the job; the code after the await runs later when the result arrives. See: Off-Chain Compute

6. Encrypted Distributed Storage (CBFS)

Purpose: Store data too large for on-chain persistence — models, datasets, media, logs — with end-to-end encryption and redundancy. Architecture:
Key properties:
  • Client-side encryption — storage nodes never see plaintext
  • Reed-Solomon erasure codingK data + M parity shards, recover from any K
  • Delegated auth — owner signs short-lived capability tokens; no chain write on every data-plane call
  • Self-healing — background repair detects dead nodes and re-shards
  • FUSE mount — volumes appear as normal filesystems to actors and runners
The Actor VM still forbids ordinary file I/O during deterministic execution. CBFS access is mediated by protocol/runtime APIs and delegated capability tokens; runner-side jobs may use mounted volumes, while actor state remains the consensus key-value store.
See: CIP-4 State Storage · CIP-9 Runner Storage

Transaction Lifecycle

State Organization

State Root: Merkle tree root of entire state State Transition: σ' = STF(σ, B) where B is block

Network Layer

P2P Network:
  • Gossip protocol for transaction propagation
  • Block proposal distribution
  • Vote (QC) aggregation
  • State synchronization
Node Types:
  1. Validator: Participates in consensus, proposes/validates blocks
  2. Full Node: Stores full state, serves queries
  3. Light Client: Only block headers, verifies proofs
  4. Runner: Executes off-chain tasks (not part of consensus)
Communication:

Storage Layer

Components:
  1. State Storage:
    • Merkleized key-value store
    • Key: account/actor address + storage key
    • Value: serialized data
    • Root hash in block header
  2. Block Storage:
    • Sequential blocks
    • Headers + transactions
    • Indexed by height and hash
  3. Transaction Log:
    • All transactions (historical)
    • Receipts with events
    • Queryable by hash, block, address
  4. Archive Node (optional):
    • Full historical state
    • Every block’s complete state
    • For queries like “balance at block X”

Security Model

Threat Model:
  • Byzantine validators (up to 1/3)
  • Malicious actors (smart contracts)
  • DoS attacks (computational, storage)
  • Network attacks (eclipse, Sybil)
Defenses:
  1. Consensus Security:
    • BFT tolerance (2/3+ honest required)
  2. VM Security:
    • Sandboxed execution (no I/O)
    • Resource limits (cycles, cells, memory)
    • Deterministic execution (no non-determinism)
  3. Gas Economics:
    • Dual-metered prevents abuse
    • Basefee burn (anti-spam)
    • Priority market (fair access)
  4. Off-Chain Security:
    • VRF-based selection (no coordinator)
    • Configurable verification requirements (per CIP-2)
    • Economic incentives (per application design)

Performance and Governance

Performance metrics, governance processes, and network parameters are implementation-dependent and subject to change. Refer to authoritative releases and CIPs for normative updates when available.

Next Steps

Actor VM Deep Dive

How the PVM achieves deterministic Python execution

Fee Model

Dual-metered gas and EIP-1559 basefees

Scheduler

Native timer system (CIP-1)

Off-Chain Compute

Verifiable runner network (CIP-2)

State Storage

QMDB state store + Merkle proofs (CIP-4)

SDK Overview

The cowboy_sdk Python library (CIP-6)

Further Reading