What's up for all of you? Come back with me in an important article or article about the world of digitization. Well, maybe the digital world is no stranger to any circle, from any country maybe now it is common nowadays. Therefore I will introduce for you, of course this will be very useful for you. Moreover, you are a person who now participates in the field of Cryptocurrency or blockchain. What I will explain for you is of course interesting for you to read.
Do you know about the DataGrid Blockchain? The DataGrid Blockchain or (DGB) is a new design specifically for the "bottom up" blockchain.
Then what is the use of the DataGrid Blockchain here?
Its own use to combine a component of a concept like the following. proof of work results, proof of private ownership, parallel chain / sharding, Byzantine fault tolerance, verifiable random functions, locking, unauthorized design, open source code. and many others, of course, will be very useful for you.
Of course, DataGrid itself here also has a Token, the token is DGT, the name of the token is taken from the name DataGrid itself.
DGT (DataGrid Token) is a mined coin whose function is not much different from other Ethereum coins. That is, transactions consuming DGT are similar to Ethereum "GAS". The new DGT was created as an incentive reward for the production of blocks by miners similar to Ethereum and Bitcoin.
Then what are the uses and objectives in the DataGrid BlockChain form?
With a process that takes so long from year to year the aim in the form of the DataGrid Blockchain is to solve the problem of data exchange between machines, and the DataGrid Blockchain itself has learned something that is changing in the game how to bring human-to-human commerce to a more efficient, convenient, speedy level as well as new, higher security.
What technical problems does the DataGrid Blockchain intend to address? DGB handles blockchain trilemma issues as well as Dapp issues from a different point of view from the smart contract account model and from the UTXO scripting model. We believe this is an untried approach. We also came to the question of cryptocurrency from a different point of view, which is also an approach that has never been tried. The problems we are trying to solve are listed as follows:
· Transaction latency appropriate for most forms of trading including retail Point of Sale;
· Transaction capacity increases with the number of new resources added (i.e. new mining nodes);
· Maintaining security with scale; · Maintaining security with latency;
· Implemented as a blockchain without open permissions;
· Resilience in the presence of network partitions;
· Support for live code reuse, previously loaded on the blockchain;
· Flexible monetary policy approach;
· Decentralization of all aspects of blockchain management; ·
Solutions to the "rail and hotel" problem of synchronizing any application layer;
· Support for multiple signature schemes and new ones as they are created;
· Independence of implementation (no single official codebase is required);
· Means to enforce external rules such as KYC;
· And (optional) transparent multi-language support.
maybe that's all I can explain. For more information, you can visit the website of the DataGrid Blockchain
WebSite : DataGrid BlockChain
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Author
Sak Karepe
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