INTRODUCTION:
WaykiChain is an innovative technology company focused on the development and operation of blockchain technology. The third-generation blockchain commercial, public chain independentlyresearched and developed by WaykiChain is at a leading level in the industry. With high-performance transaction processing capabilities, efficient consensus mechanisms, powerful smart contract engines, and the blockchain upgrade management capabilities. WaykiChain can provide enterprise-level blockchain infrastructure and industry solutions. As the underlying system of blockchain 3.0, WaykiChain has not only flawlessly inherited the characteristics and advantages of the eco-system of the traditional blockchain, but also solved the technical bottleneck of the current blockchain, thus truly combining blockchain with commercial applications. Moreover, WaykiChain is investing vigorously and continually in the R&D and the innovation of financial technology. Based on its latest achievements, WaykiChain has a clear vision to develop "Blockchain” and to appreciate the value of the traditional industries as well as other sectors, building up a win-win blockchain eco-system for the 21st century.
With the team’s continuous investment in R&D and the active participation of users and community eco-system builders, the bottom layer of WaykiChain public chain has been continuously upgraded and optimized. Remarkable results have been achieved to empower developer’s and application layers continuously. As one of the critical infrastructures to the Decentralized Finance promotedbyWaykiChain, the stable coin project built on the bottom layer of the public chain has been continuously improving the potential for decentralized business models development.
WaykiChain Technology:
Waykichain aim to build up a brand new blockchain eco-system which will be an option for the internet value transmission protocol in the future. WaykiChain is promoting the usability and applicability of the whole blockchain industry. Combining blockchain with traditional industries applications, WaykiChain will bring this emerging technology to people’s daily life. The blockchain market is becoming highly competitive, and many platforms are emerging every day. It is a rare case to see a platform that not only incorporates well with the traditional businesses but also has application in real life. With the support of its leading blockchain technology, WaykiChain will be based on its precise business and strategic planning, firstly permeate into and gain shares in targeted markets such as game guessing, assets exchange and foreign currency exchange and accumulate users' reliable support. Based on this, WaykiChain will gradually develop into a blockchain technology platform that incorporates practical commercial applications and with the aim to build up a brand new blockchain eco-system which will be an option for the internet value transmission protocol in the future. WaykiChain is promoting the usability and applicability of the whole blockchain industry. Combining blockchain with traditional industries application, WaykiChain will bring this emerging technology to people’s daily life.
WaykiChain Node Technology Architecture:
There is only one WaykiChain node program available through the code repository on the WaykiChain GitHub, but it can be divided into two types of roles when deployed:
- Core nodes (or accounting nodes, super nodes): used to verify transactions and generate new blocks; there are 11 such core nodes deployed in WaykiChain.
- Common nodes: used to synchronize data with WaykiChain core node, manage the wallet private key and address, and include initiating transactions to the chain. The only condition that determines whether a node becomes a core node is the number of votes that are won .Since the WaykiChain holders can initiate the voting and withdrawal at any time, the number of votes received by each node may continuously be changing. Only the nodes with the top 11 votes become the core nodes and need to perform similar blockchain accounting job.
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