β οΈ EXPERIMENTAL PROJECT - This is a proof-of-concept implementation and should not be used in production environments.
A cryptographically verifiable, append-only, event-sourced ledger system designed for core banking and e-money applications. LedgerFS aims to outperform traditional RDBMS in audit-focused, high-throughput, tamper-evident environments while providing inherent regulatory compliance.
LedgerFS is designed to be the foundation for next-generation financial systems that require:
- Cryptographic Verification: Every transaction is cryptographically signed and verifiable
- Append-Only Immutability: No data can be modified or deleted, ensuring complete audit trails
- High-Throughput Performance: Target >50,000 TPS with <100ms P95 write latency
- Regulatory Compliance: Built-in support for PSD2, Basel III, and e-money safeguarding
- Event Sourcing: Complete system state reconstruction from immutable event log
- FUSE Integration: Filesystem interface for seamless integration with existing tools
This project is in early experimental development. Current implementations include:
- Core Event System: Comprehensive event schema with cryptographic hashing
- Event Store: RocksDB-based LSM tree storage with append-only semantics
- Batch Processing: High-throughput batching system targeting >50K TPS
- FUSE Filesystem: Basic filesystem interface for ledger data access
- Serialization: Optimized binary serialization with LZ4 compression
- Project Infrastructure: Modular Rust workspace architecture
- Read Optimization: Performance tuning for <50ms P95 read latency
- Command Processing: CQRS command handling and validation
- Merkle Trees: Cryptographic verification and tamper detection
- Recovery Mechanisms: Crash recovery and consistency checking
- Cryptographic Chaining: Block-chain inspired event chaining
- Read Models: Optimized query interfaces for different use cases
- Event Streaming: Real-time event distribution and replication
- Regulatory Reporting: Automated compliance reporting tools
- Performance Benchmarks: Comprehensive performance testing suite
LedgerFS uses a modular architecture built in Rust:
ledgerfs/
βββ crates/
β βββ ledgerfs-core/ # Core types, events, and traits
β βββ ledgerfs-event-store/ # Event storage and batch processing
β βββ ledgerfs-fuse/ # FUSE filesystem implementation
β βββ ledgerfs-command/ # Command processing (planned)
β βββ ledgerfs-query/ # Read models and queries (planned)
β βββ ledgerfs-crypto/ # Cryptographic operations (planned)
βββ docs/ # Documentation and specifications
- Storage: RocksDB with LSM trees for high-throughput writes
- Serialization: Bincode with LZ4 compression for performance
- Async Runtime: Tokio for high-concurrency operations
- Filesystem: FUSE for seamless OS integration
- Cryptography: SHA-256 hashing with planned Merkle tree verification
- Rust 1.70+ with Cargo
- FUSE development libraries (
libfuse-devon Ubuntu/Debian) - RocksDB development libraries
# Clone the repository
git clone https://github.com/yourusername/ledgerfs.git
cd ledgerfs
# Build all crates
cargo build
# Run tests
cargo test
# Build FUSE binary
cargo build --bin ledgerfs-fuse# Create mount point
mkdir /tmp/ledgerfs_mount
# Mount the filesystem
./target/debug/ledgerfs-fuse /tmp/ledgerfs_mount
# In another terminal, explore the filesystem
ls -la /tmp/ledgerfs_mount/
# Unmount when done
fusermount -u /tmp/ledgerfs_mount| Metric | Target | Current Status |
|---|---|---|
| Write Throughput | >50,000 TPS | π In Development |
| Write Latency (P95) | <100ms | π In Development |
| Read Latency (P95) | <50ms | π In Development |
| FUSE Access Time | <10ms | π In Development |
| Storage Efficiency | >80% | β Achieved with LZ4 |
LedgerFS is designed for financial applications requiring:
- Core Banking Systems: Account management, transaction processing
- E-Money Platforms: Digital wallet and payment processing
- Audit Systems: Immutable transaction logs for compliance
- Regulatory Reporting: Automated compliance data generation
- Financial Analytics: Event-sourced data for real-time insights
- Experimental Status: This project is in early development and not production-ready
- Security: Cryptographic implementations are not yet audited
- Performance: Current performance metrics are preliminary
- API Stability: APIs may change significantly during development
- Data Safety: Do not use with real financial data
This project is currently in experimental development. Contributions, feedback, and discussions are welcome:
- Check existing issues and discussions
- Fork the repository
- Create a feature branch
- Submit a pull request with detailed description
This project is licensed under the Apache License 2.0 - see the LICENSE file for details.
- Event Store - Event sourcing database
- RocksDB - High-performance key-value store
- FUSE - Filesystem in userspace
Note: This is an experimental project exploring the intersection of event sourcing, cryptographic verification, and high-performance storage for financial applications. It is not intended for production use and should be considered a research and development effort.