Co-Founder of Bitcoin Foundation: Paralism Has the Underlying Technology for Blockchain Businesses

 

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Peter Vessenes, co-founder of the Bitcoin Foundation, also one of the largest holders of Bitcoin in the world, the largest creditor of Mt.Gox; the special consultant of the US Department of Homeland Security, Coinlab, Capital 6 and New Alchemy Founder of many top blockchain companies. Peter Vessenes visited the relevant blockchain project as a founder of Capital 6, and during his one-week stay, he took the initiative to visit the office of Paralism’s parallel technology R&D team, hyperblock Technology Information Co., Ltd. And carried out a meticulous communication for three hours.

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Paralism Mining Instructions

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Hello everyone, I am here again, I am your chestnut. Remember me? In the summer, I talked to you about the consensus.
I am very excited, Paralism parallel public beta network is open to external nodes, want to join the world’s first parallel main network? Please download Paralism Light node software, here is the guide for your reference!

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Paralism Public Beta Network officially Opens Mining to the External Node

 

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As the first step in the construction of Paralism, the open beta network of the Paralism parallel blockchain will be officially opened to external nodes. Users can download the Paralism node software to run the Paralism main network node and get the Para as award.

Paralism has been researching and developing of parallel blockchain core protocols and algorithms since the hyperchain team released the hyperchain protocol four years ago. In 2018, the main network and the version of the main network were officially released in Korea in early 2019. Continue reading “Paralism Public Beta Network officially Opens Mining to the External Node”

TCP/IP Co-inventor, How Turing Award Winners Talked about Paralism

 

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Internet development has experienced protocol interconnection, content interconnection, and interpersonal interconnection. However, the development of blockchain technology makes the Internet expected to enter the fourth stage – value interconnection.

As early as the internal testing phase of Paralism, Paralism founder, Hyperchain Parallel blockchain technique inventors Xingguo Shi with TCP/IP co-inventor Robert. E. Kahn, Known as the “father of the internet”, conducted in-depth discussion about the impact of blockchain on the development of the internet at a conference. Robert believes that to become a key agreement for the next generation of value Internet, must be completely decentralized, and achieve the interconnection between the various chains, otherwise, the current blockchain can only become an isolated island, it cannot be extended to a global value Internet. Robert believes Paralism and the parallel blockchain chosen by the Hyperchain team very promising to become the “TCP / IP” of the fourth generation of value Internet.

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HyperChain Wins the “HYPERCHAIN” Trademark Arbitration over Qu Lian

Recently, Hyperchain received a decision from the Intellectual Property Office regarding the final grant of the HYPERCHAIN trademark to Suzhou Hyperchain Information Technology Co., Ltd.

The decision pointed out that between Qu Lian, the opposer and Hyperchain, the opposed party , the trademarks are designated and approved to both parties in different categories with different services and products, and therefore will not confuse the users.

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The Digital Economy Platform- Paralism “Publish a Chain” Function Officially Released

“Who am I?”, “How do you prove that my mother?”, “How do you prove that you are passing through my world?” … The most difficult thing to prove in the world is maybe existence.

By engraving the symbols on the stone walls, the uncorrectable distributed technology of blockchains can also provide proof of existence for modern humans, but much faster than our ancestors. Traditional blockchains such as Bitcoin, Ethereum, etc., mainly support transaction data. If non-transactional data wants to obtain proof of existence, a transaction must occur in the chain, which is quite a hassle. Parallel blockchain technology is characterized by the data and transaction solution itself, through non-transactional data, can be recorded on the chain without chain transactions, then gaining the unique existence in the digital world. Based on this technology, Paralism officially launched publish a chain function on a platform supported by the parallel blockchain main network.

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How To Issue a Chain on Parallism

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Internet promotes SMS to WeChat business innovation, greatly improved the speed of information transfer, let the world become more closely. Value interconnection transition phase, from classic bitcoin to Ethereum’s smart contract, it triggered a token prosperity,make the digital value have a broad and multi-element mobility.

It can be said that technology is magical, it brings a revolutionary change beyond imagination, from the serial chain to the parallel blockchain system, from the six main scenes to the chain experience, the upgrade of Paralism has been moving forward, the latest project progress has announced a major breakthrough in the industry. Continue reading “How To Issue a Chain on Parallism”

 Decoupling transaction data and Chain layer consensus–Paralism’s Special Move!

 

By decoupling the chain layer and application layer, Paralism can support unstructured data and meet the diverse requirements for data formats in real-world business scenarios. This enables Paralism to expand the application of blockchain technology to a wider range of business scenarios and promote its vertical development.

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How is data consistency important to parallel blockchain?

 

Paralism has solved the long-standing problem of time consistency in the industry through the Proof of Buddy (PoB) consensus algorithm. In addition, with its Hyperblock structure, Paralism allows each parallel sub-chain to have unlimited scalability and cross-chain functionality, while also providing stability similar to running on a Bitcoin public chain. Continue reading “How is data consistency important to parallel blockchain?”

How does Paralism go to independence and interconnection of value?

The Paralism multi-chain parallel structure provides customized consensus sub-chains for various types of assets and business forms. It supports public chain, private chain, and consortium chain forms, and also provides a natural opportunity for cross-chain interconnection. Various types of assets, businesses, and industry assets can be interconnected through decentralized way. The hyper-block consensus ensures global consistency and data security, thus achieving true value interconnection. Continue reading “How does Paralism go to independence and interconnection of value?”