What is the main chain of blockchain (blockchain, main chain, subchain)
What is the main chain of blockchain, also known as the \”consensus layer\”, its m
What is the main chain of blockchain, also known as the “consensus layer”, its main function is to improve transaction efficiency by combining existing smart contract languages, distributed ledger technology, and encrypted digital currency. There is a technology called Proof-Of-Work (PoW) mechanism running in the Bitcoin network. It allows anyone to create new blocks and validate each block using a new consensus algorithm, thereby ensuring the decentralization and scalability of the blockchain system.
In order to achieve this goal, the main chain of the blockchain is an open-source protocol. These software are built by a new project development team called “Steem” and the project’s code is also supported by the open-source foundation. (Bitcoin.com)
Blockchain, Main Chain, Subchain
The classification of the main chain and subchain of the blockchain is mainly based on two dimensions: transaction types, payment methods, and consensus mechanisms. The data availability layer is defined as the main medium for processing transactions. Due to scalability and security issues in the execution process, these protocols usually have different performance requirements. In addition, subchains will vary based on their respective application scenarios and have different requirements for different functionalities. The relationship between the main chain and the subchain is determined by the consensus algorithm, but the issues involved can be caused by factors such as system upgrades. (Blockchain Tempo)
This article and pictures are from the Internet and do not represent SipPop's position. If you infringe, please contact us to delete:https://www.sippop.com/24107.htm
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
Investigating Personal Issues: A&T Capital’s Zero Tolerance Policy
On March 26, the official account of A&T Capital posted an article on social media stating that Mr. Yu Jun is currently facing some personal issues, which are b
-
Convex Finance Launches Pledge and Liquidity Mining Platform on Polygon
On March 9, the CRV Pledge and Liquidity Mining one-stop platform Convex Finance announced that it was online in Polygon. The process of providing liquidity and
-
New York Attorney General Sues CoinEx over Unregistered Cryptocurrency Exchange
It is reported that Letitia James, the Attorney General of New York, is suing CoinEx, the cryptocurrency exchange, saying that it is not registered in the stat…
-
Orb Collective Cuts Operating Budgets and Layoffs to Reform Balancer’s Brand Strategy
According to reports, during a community conference call on Thursday, Orb Collective, the service provider of DeFi Liquidity Agreement Balancer, revealed that t
-
Carbonable Raises $1.2 Million in Seed Funding for Carbon Credit Tracking Agreement on Ethereum’s StarkNet
It is reported that Carbonable, a carbon credit tracking agreement launched on the Ethereum Layer2 extension system StarkNet, completed a seed round financing o
-
Are there any cryptocurrencies recently being crowdfunded (Are there any new cryptocurrencies recently)?
Are there any cryptocurrencies recently being crowdfunded? According to coindes
-
StaFi Proposes Launching New Liquid Collateralized Derivative (LSD) Solution for EVM Compatible Chains
On April 7th, the DeFi protocol StaFi launched a proposal in the community to launch a new liquid collateralized derivative (LSD) solution for EVM compatible ch
-
What brand is charlesxleth?
What brand is charlesxleth? What brand is charlesxleth? On September 29, 2018,
-
The Transfer of 11.2 Million ARBs by Amber Group: What You Need to Know
On March 31, according to Lookonchain data monitoring, 11.2 million ARBs (approximately $15.8 million) were transferred from two related addresses of Amber Grou
-
Blockchain Security Company BlockSec Launches Collaborative Testing Toolkit for Private Chains
According to reports, blockchain security technology company BlockSec has announced the launch of a new toolkit that can perform collaborative testing on privat