Varanasi News Magazine

RCP genesis node plan rises, node technology becomes more important

 Breaking News
  • No posts were found

RCP genesis node plan rises, node technology becomes more important

December 03
21:51 2019

The blockchain system is based on a distributed system structure and uses encryption algorithms to establish trust relationships between distributed nodes, thereby forming a decentralized distributed system. In a decentralized system, the entire network no longer requires a centralized third-party intermediary, and the rights and obligations between any nodes are equal. The damage or loss of any single node in the system will not affect the operation of the entire system.

Blockchain technology does not rely on additional third-party management organizations or hardware facilities, and there is no central control. In addition to the self-contained blockchain itself, through distributed accounting and storage, each node has realized information self-verification, transmission, and management. All nodes can automatically and securely verify and exchange data in the system without any human intervention. As long as 51% of all data nodes cannot be controlled, network data cannot be manipulated and manipulated arbitrarily, which makes the blockchain itself relatively secure and avoids subjective and artificial data changes.

Even so, there are still many shortcomings in the existing blockchain technology. For example, the existing public chain technology does not have the ability to run high-frequency transactions and cannot achieve a purely decentralized concept. Blockchain public chains exist in isolation from each other, and there is no communication or interoperability between them. BTC cannot communicate with ETH, which cannot communicate with the private chain. RCP combined with the advantages of its own public chain to propose a reasonable solution: processing through network nodes in parallel, so that the network scalability is faster.

RCP adopts an independent consensus algorithm, which is completely decentralized compared to POW, POS, and DPOS, and nodes are free to enter and exit, which is currently the fastest consensus verification.

In order to support this unique consensus algorithm, the number of RCP single node participation is high. Therefore, RCP put forward the concept of global genesis nodes. There are 48 global genesis nodes to provide initial computing power for the RCP blockchain network. Each node contains 10,000 Genesis tokens, written in the genesis block; plus 10,000 universal tokens, mined by the genesis power after 3888000 blocks. Subsequently, the genesis node will evolve into a community node and continue to provide services for the blockchain network. At that time, more community nodes will join the blockchain network.

In addition, the global genesis nodes provide high security barriers while ensuring RCP computing power; the RCP blockchain stores a complete account tree, and each leaf node records the asset information and identity information of an account (optional) ); Each account can support the use of multi-dimensional assets. Support a variety of encryption and decryption algorithms, choose to use according to different scenarios.

On the underlying architecture, a peer-to-peer protocol implements basic networking and communication, and each node maintains a neighbor list to implement a dynamic self-organizing network; it can be used in conjunction with existing security protection facilities to ensure Commercial network security. For example: access to IP control, dedicated lines, node authorization to access, node trust list, etc.

In summary, the node plan of RCP can realize many scenarios. For example: on-chain games, on-chain communities, etc.

On-chain games: When the player runs the game, the distributed server computing program is used to deploy the server server computing program in a containerized manner according to the computing power dispatcher. Users achieve the smoothest gaming experience with ultra-low latency through the fastest computing power nodes.

On-chain community: RCP will use blockchain technology and smart contracts to solve problems such as community building and community on-chain. Help community creators to better create communities through a series of product features; better manage communities through advanced community management systems, increase community stickiness, and increase community activity; through blockchain underlying technology and intelligence The contract protects the rights and interests of community users, enhances the trust of the community, and realizes the community on-chain; through the Token incentive model, more community creators and community nodes are formed to jointly build an ecological community, and finally through the realization of traffic and ecology Consumption achieves business returns.

Media Contact
Company Name: Bw.com Exchange
Contact Person: Miya
Email: Send Email
Country: Australia
Website: https://www.bw.com/

Categories