Topic: Genesis Community Q&A Session 4 (Read 52 times)

1. What is the ecological architecture of Genesis?
The ecological architecture of Genesis is a composite of Genesis business ecosystem and Genesis financial ecosystem.

2. What is Genesis business ecosystem?
Genesis business ecosystem refers to all commercial smart contracts deployed on Genesis , each independent smart contract relies on DPoC (Delegated Proof of Consumption) consensus mechanism to form a large and complete ecosystem, each account participating in different smart contracts and making contributions can get computing power and directly or indirectly participate in the competition. Each account participating in different smart contracts and making contributions can get computing power and compete directly or indirectly for the right to bookkeeping and thus get block rewards.

3. What is Genesis financial ecosystem?
Genesis financial ecosystem refers to all financial ecosystem smart contracts deployed on the Genesis or capable of linking to Genesis commercial smart contracts.

4. What is the architecture of the Genesis business ecosystem?
In the Genesis business ecosystem, the overall architecture is divided into three parts: client, Genesis middleware, and Genesis public blockchain storage.
Client: various DApps of business ecosystem, browser plug-in or desktop application for PC, and smart contract SDK, smart contract is the client that provides writing smart contract, divided into standard smart contract template and custom smart contract template.
Genesis Middle Platform: Based on Genesis public chain, it empowers the whole business ecology, each module is low coupling and high cohesion, "building blocks" according to different business needs, and can be used immediately with good configuration and can be hot-plugged.
Genesis public chain storage system: decentralized distributed storage and smart contract system realized by blockchain technology, which stores information flow, asset flow, asset data, etc. during the execution of commercial smart contracts, and formulates contract mechanism to make data safe and irreversible.

5. What is the financial ecosystem architecture of Genesis?
The financial ecology carried by Genesis consists of four sections with different functions, which operate around the business ecology and form a deep integration with the business ecology.
①The "Ministry of Finance" collects the consumption tax (GC) and allocates the computing tokens (GP) to the contributors, then uses the collected consumption tax (GC) to equity tokens (GS) from the exchange, thus promoting the value of equity token (GS), and pledges the purchased equity tokens (GS) to the bank, thus lending new payment tokens ( The purchased GS is pledged to the bank, which borrows new purchase tokens (GCs) and repeatedly purchases GS, and then redeems the GS with a new consumption tax (GC).
② The "Exchange" is responsible for the trading of digital assets, in particular, the trading of equity tokens (GS) and payment tokens (GC).
③ "Bank" is the output department of payment tokens (GCs) and is responsible for the output of payment tokens (GCs) through pledging of equity tokens (GS) by participants across the network.
④ The "SEC" is responsible for collecting tax certificates (GP) and issuing equity tokens (GS) in accordance with block rewards.