The blockchain technology of pussfi:An overview of pussfi consensus mechanism

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Introduction

Puss coin is being run on the tron blockchain which is something that is very clear to us now but what type of blockchain platform is being utilized, that's what I want to write about the technology behind puss coin and the blockchain platform is being operated from. Pussfi is on the trx blockchain which isn't a secret as this information is clear enough for everyone, yes every cryptocurrency is run on a blockchain network it is the technology and foundation of cryptocurrency and the technology where cryptocurrency is built on and for puss coin is no different and the very blockchain that puss coin is built on is what am going to be giving consideration to and carefully examining it to help us get an overview of this blockchain.

Yes we know that puss coin is built on trx blockchain and that is literally all many people know and they don't really understand what this blockchain is all about, the don't know about the inner working of this blockchain platform and how it operates, knowing that pussfi is built on trx blockchain is not merely enough as that alone does not guarantee or make us know about how it truly functions, so it's important for us on pussfi community here on steemit and for the rest of the pussfi ecosystem especially newbies and for those who might not already know to come to understand and get a keen understanding of the blockchain platform that puss coin is built on, yes the trx blockchain.

Many may know that puss coin operates on trx blockchain but they don't really know the consensus mechanism that it's built on, how it's voting system works as well as if it's a blockchain system thats decentalized or secured or if it's scalable as this are some of the important thing that makes up a blockchain and determines if a blockchain is really strong and understanding how the trx blockchain works will help us understand just how the blockchain puss coin is built on operates while giving us an overview of the blockchain platform and the way it functions both on trx and on puss coin as well.

• Delegated Proof of Stake (DPoS)

The delegated proof of stake is the consensus mechanism used by the trx blockchain and invariably by puss coin too, yes both trx and pussfi are powered on by delegated proof of stake (DPoS) consensus mechanism which is quiet different from the famous consensus mechanism we know like proof of work and slightly different from proof of stake as well that which currently powers Ethereum, the delegated proof of stake functions in the manner that those who holds the native currency of the network which is trx can vote for validators or super representative as they are called on the trx blockchain a few select elite group of validators whose sole purpose is to make sure that new blocks are created on the chain and they also validate all the transaction on the network as well.

Yes the super representative (SRs) they are the ones that both validate and create new blocks on the delegated proof of stake consensus mechanism the algorithm which powers both trx and pussfi why this consensus mechanism is different from other consensus mechanism like the proof of work and proof of stake consensus mechanism is that here this representative selected are done in a purely democratic process which ensures that true decentralization is assure in the network and also goes a long way to ensure efficiency, yes it's not about the miner that has more mining equipment like proof of work where one who has more computational power has more chances of creating new block neither by your staking power like in proof of stake, here democratic system is used for the selection of the network validators.

So that really is how the delegated proof of stake works and the network also uses few number of super representative who process blocks at a time and that's really ideal for pussfi where we have small frequent transactions so the consensus mechanism makes sure there is ability to perform large number of transaction at as little time as possible which is of great benefit to pussfi, so delegated proof of stake helps to ensure that trx and consequently pussfi is cost effective when it comes to transaction handling and that is efficient due to its scalable nature and decentalized and secured.

• Voting System

Voting is something that is common in the delegated proof of stake network that trx operates on, the voting is in this manner those that holds trx can vote for super representative, yes the voting process ensures that all plays a role in securing the network as all trx holders take part in this and those choose as network validators or super representative are those that has the highest number of votes thats why we say that this network that's the delegated proof of stake that powers trx and pussfi is like a democratic one and thats due to the fact they community members plays a direct role in this voting process as long as you hold trx you can vote for SRs who then take on block production duties so the whole process of validators selection is completely decentralized.

The very nice thing about the voting process on trx is that it ensures that those voted for are those who are very active, yes those most engaged and active are likely to be voted to remain in power and the good thing about this is that because you were once active and engaged and once voted for as a validator or super representative that doesn't mean that you can now relax when you are in power because there are always reelection by the holders of trx, this way it ensures constant engagement by the representatives who are voted for ifnot they would not be elected for again and would have to step down this no doubt ensures accountability and this is very beneficial for pussfi as it gives the project more transparency and security during it's transactions.

Another exciting thing about the voting model employed by the trx blockchain is the incentives to its participants because those that votes also has rewards for doing so and that's just how the network is set up which is encouraging as it allows for more participants to take part in this voting process ensuring decentralization and that the super representative choose are the true choice of the people as the incentives ensure all trx holders participate in this voting initiative as they stand a chance to earn passively when they do and this is really good for pussfi as the voting process used in delegated proof of stake helps to encourage user participation which will help pussfi grow as there is active community engagement.

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• High Throughput and Scalability

The good side of this blockchain is it's ability of high transaction throughput yes it's a highly scalable blockchain network and it has an amazing ability of processing thousands of transactions every second and it's this kind of scalable network that is supporting but trx and pussfi and that is powered by the delegated proof of stake consensus mechanism which due to the small group of network validators it ensures that block production and validation is done on a much more efficient manner and this is just the right blockchain for pussfi as high frequency interaction is needed since pussfi has social usecase which makes this blockchain most suitable for it.

If we are looking at the trx blockchain the major thing that's it's know for it's majorly scalability when you look at its ability to process thousands of transactions every second then you would agree that the key architecture of this blockchain network is on its scalability which ensure that many users and dapps can be built on it and it's performance won't be affected and it's still will deliver at an efficient rate so there isn't much fear of congestion with a high demand transaction or growing user base so this makes it's very easy for pussfi which has expansion plans in the future like the plans for an nft market place and gaming, the trx blockchain which is scalable will ensure that the increased in users that will come with this won't in any way reduce the network performance.

When it comes to scalability that it's something that helps to ensure for a happy userbase, there is nothing more capable of creating a happy userbase than a scalable network and the fact that's guaranteed on the tron blockchain it ensures that those who use the network are happy as the transaction here is near-instant and this enables pussfi users to interact seamlessly, when users are happy it helps to ensure that the network users increase even more and an increase in users will help ensure sustainability of the project which is what pussfi is striving at and truly the scalability of trx makes this very possible for pussfi.

• Security and Decentralization

Tron's blockchain achieve decentralization and scalability due to the way the super representative are selected, which is done in a democratic manner through voting by the trx holders and this whole process ensures that the trx network is secured, infact it's security is rather a robust one so pussfi is running on a blockchain which is not only scalable but also decentalized and secured which creates for an environment which is trustworthy and the whole thing is due to the fact that it's the community that selects the super representative and they ensure that those selected actually care about the network and are accountable and they can always be removed whenever it becomes obvious that their goal is no longer aligned with the community interest removing the problem faces in centralized systems.

Because of the way the governance model of trx is that's why it's decentalized, the democratic model employed ensures decentralization which enhance network security and the super representative are not there to stay are can always be removed at re-elections which means that it's not centralized that's power isn't concentrated in the hands of a few elite but on those the community chooses at all times and is this dynamic community driven validator pool that ensures that the network is both secured and decentralized, at all times any super representative who becomes comfortable and no longer performing as they should could easily be removed by a more trustworthy representative which ensures that the network is secured by those who takes the network to high esteem.

Yes the governance model is most ideal for pussfi with future plans of nft market place it's vital that it's on a decentalized network like trx which is resilient and that is exactly the kind of robustness that is needed to ensure decentalized applications and gaming are built on the blockchain which pussfi plans to roll out in time as well as other community initiative which we know that pussfi is also a community driven project and security is really important for such a project which makes the trx blockchain to be really ideal for pussfi, it's highly scalable, it's decentalized and secured making it possible for users within pussfi ecosystem to be well protected and trust the ecosystem, the secured and decentralized nature of the trx network ensure that users on pussfi have increased confidence.

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Conclusion

So the blockchain used is trx blockchain and the consensus mechanism used by is the delegated proof of stake consensus mechanism (DPoS) and this consensus mechanism is what powers pussfi and trx and truly the consensus mechanism which secures them both ensures that pussfi is run on a blockchain that's secured and decentalized and a highly scalable network which pussfi leverage on to create a happy userbase and which is critical in it's eventual plans of expansion.