Paranut tells you: Why is the blockchain going to parallel?
Hello everyone, my name is Paranut.
Last Time, we talked about some inabilities of the sequential chains.
And concluded that:
Blockchain will eventually go parallel
This time, I will break it down
About parallel Blockchain
What does parallel block chain look like ?
Comparing to single sequential chains which are
isolated (single chain), blocked (hard to scale), gambling related(ICO ), etc.
Achieved “one-dimensional limitation” to “side-by-side progress”
The data structure is upgraded!
After successfully transformed Blockchain
From linear single chain to parallel chains
The entire system now has the following features:
(Notes time, please write down)
* Can be sliced and can be expanded infinitely
*Can cross-chain interact
*Highly compatible with all kinds of business
There are so many advantage of the parallel chain
Over sequential chain
Multi-chain parallel block production , improving performance
Unlimited number of sub-chains, infinite Scalability
Can include private chain, consortium chain, public chain
Business can be independent and inter-connected at the same time
To this point
Many may think that the parallel blockchain
Is just parallel running chains
Yes, but No.
There is a very import element here!
To achieve the parallel operation of multiple chains
Each chain has to be in the same time dimension
i.e. Parallel Consistency
This is what most of the parent blockchain and sidechain,
most pseudo-parallel chains don’t have.
This is also an important breakthrough of Paralism.
How to maintain the consistency of the parallel chain
So that the blockchain becomes a true parallel system?
This leads to the innovative structure of
Forms the global consensus during its formation
Synchronize and record the key data of sub blocks
Which solidifies the data of countless sub-chains
Hyper block is periodical
To make sure the entire system constantly consistent
Only in this way, we have a
Parallel blockchain structure
(This is what the parallel blockchain ought to look like anyway, lol)
OK, hope you get the picture.
We’ll continue to unveil Parallel Blockchain later.
See you next time!