Category: parallel consensus

 

The Basic Facts:

The block rate is 15 times that of Bitcoin. There are 100 blocks every hour. The Paralism Parallel Chain System is based on the first single coin of the first single chain. It is the system-level fuel, value exchange intermediary standard of the Parallism parallel blockchain and the main distribution tools.

For coin , unlike the ERC20, is cast with the original consensus algorithm PoB (Proof of Buddy), which has the same stability as Bitcoin, but is much less energy-efficient than Bitcoin. Paralism’s unique Buddy consensus algorithm is the core consensus algorithm of the parallel blockchain system. Continue reading “Para: The Incentive and Liquidity of Paralism Eco-system”

After the public network of Paralism was launched , we received a lot of positive response from community nodes and other external nodes. The download volume of node software reached a small peak in the evening and the next morning . Due to the great changes in the software testing environment and the network connectivity of some sub-community nodes, some questions  and problems have arisen. Here we will explain 4 main questions.

1. Node software link cannot be opened or cannot be downloaded
2. Para balance fluctuations or reduction
3. Node software stop mining
4. Cannot quit calibration mode

Continue reading “Paralism Mining FAQ”

 

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.

Continue reading “Co-Founder of Bitcoin Foundation: Paralism Has the Underlying Technology for Blockchain Businesses”

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!

Continue reading “Paralism Mining Instructions”

 

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.

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

 

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？”

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？”

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 “System-level decentralization–Real ambition of Parallel Blockchain”

Each sub-chain in Paralism’s parallel chain can customize its own consensus mechanism (PoW, PoS, PBFT), chain type (private chain, consortium chain, public chain), and data type (support both structured and unstructured data), and also support chain cross interactions, meeting various application scenarios. This truly achieves flexibility, independence, and interconnectivity.

Continue reading “Get this, the Customizable Sub-chain and Local Consensus of Paralism”