The evolution of Blockchain has opened doors for research and development in this field. Since Satoshi Nakamoto’s introduction of Bitcoin back in 2008 the world of technology changed completely. It gave the world a new advanced technology to explore. Blockchain system has evolved, from solving problems to keeping up with future development, the cycle has not ceased. The reason it has become a huge success lies in the nature of this system, where it is consensus based and works without intervention of any authority.
There is no or less communication between blockchain with another blockchain. This creates hindrance in getting a connection across and expanding the horizon of the blockchain. Libonomy Blockchain has the feature of interoperability that will allow multiple blockchain systems to run under the umbrella of Libonomy blockchain.The Libonomy Blockchain can support public blockchain and private blockchain, both. Corporations and businesses can use the blockchain in their new business projects that can take the plan a step ahead in any sector of business.
Libonomy is one of its kind blockchain that has achieved the goals of innovation and creativity with great success. The kind of innovation it advertises attracts and reaches out to masses that have the knowledge that the system is fulfilling its role of greatness.
Transaction Per Second
- TPS of a node is modeled as an evaluation function that takes node properties, nature of the network and safety elements as its independent variable.
Computing Power Ratio
- Computing power ratio is the ratio of calculating force of a node to calculating force of the whole network,.
Exploit Finding Nodes
- EF Nodes guarantee the security of the network. These nodes will be put off the network if any false nodes are found in the power pool.
- Maintenance Nodes are backup nodes that are pulled out and assigned into their respective pool. AI engine will kick out the nodes from either pool, in case of a corrupt node.
- Audit nodes will carry out the auditing of the pool on a constant basis. If any of the power nodes fail to fall within the threshold assigned by the audit nodes, the node will be removed from the network.
- Every node in the network can spread signed information to its randomly chosen neighbours. With virtual voting, each node can determine if a transaction is valid, block upgrade and threshold upgrade. Signal Passing Digital pulse is generated with each communication, which is pulse based message communication the fastest possible technique for better communication and achieving high throughput of the whole network.
- Multi-Layered Gossip involves attaching a small additional amount of information to a pair of gossip that contains the history about the nodes.
- These power nodes can be picked under a mechanism by an AI engine. The power nodes are namely classified into Lightening Nodes, Middle Nodes and Lower Nodes.
- Neural Network is the main core used in this blockchain. It is inspired from the human brain, and neural network will help in classifying and clustering information. It will help in organising, storing and managing.