Topic: Introduction to Lokchain (Read 221 times)

Users do local confirmation. Users perform prove of simple universal wallet address. These formulates a part of consensus.
They add value to the network.

this sounds good, but trying to understand that you trying to make the platform not need some process that occurs already in block-chain project like Bitcoin

how does your coin life cycle get sustained for more users

  LokChain Platform  

Permit me to occupy your attention for 10 minutes only. I will like to present an original or innovative piece of blockchain platform which will enhance or improve Satoshi's dream to a significant extent. We have worked on this for many years. Today, the many uses of this independent research find direct ways in blockchain as a means to aid humanity. It had been a known fact that, our security unfortunately lags behind with the speed at which newer technologies arise. We know that our internet from the day of its inception was ripe with vulnerabilities. More so, all subsequent technologies thereafter, are equally fraught with vulnerabilities. We have observed these for years and today we do know that cyber threats are very high on the list of dangers tormenting information technology. We think that it is very wise to first, secure all that we have seen over the years before tainting blockchain technology as a whole with similar threats. Thus the ethos see, secure and develop. The new era or digital world must chart a new path that will progressively evolve to meet the needs of the ordinary man. We must fix the problems started by the internet fusion. We have identified these threats as problems with solutions. For all the weaknesses we have seen, the list is unending. We owe it to ourselves and humanity to make a contribution via Lokchain Platform. Allow me to present some of these problems and solutions:

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Current Platforms~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Problems and Solutions

Problem: Use of cryptographic-suite offering maximum symmetric key of 256 bits encryption cannot meet future demands

1.The system makes sure that all data are 2048 bits of encryption both transient and locally- Quantum immunity.

Problem: Current asymmetric encryption keys are left out for you to store in your drive

2. We implore dynamic random keys of 680+ digit long, that never stored anywhere

Problem: PKI is not easy to use on mobile and newer technologies like IoT

3. We remove PKI and key management as we know it today, thus inter operation is possible

Problem: Hashes in the DB gives attackers a hint on what to do

4. We do not use password hashing at all, except for checking the integrity of strings

Problem: Most keys are not changed often, else they are static

5. The keys will remain dynamic (changing) for any message no matter how small

Problem: Biometric aren’t seen as a means of IAM development at this moment.

6. IAM used here is based on bio-metrics e.g fingerprints, iris, voice etc.,they are made to fit into WYA, WYK and WYH.

Problem: Password is the major instrument of accessing a resource today

7. We have multiple attributes to perform authentication for the system access as well as resource consumption.

Problem: Use of Key Exchange and PKI is cumbersome

8. The platform is flexible and versatile to MIX symmetric and asymmetric cryptography apparatus at once this forestalls attacks (MITM).


Problem: Limitation of 10mins/Block: Less the 500 transactions/s

9. The mechanism execution is very fast with zero knowledge proof (ZkP-Triangle) and scale-able. It uses local confirmation protocol.

Problem: Modern cryptographic systems currently used in blockchain are watered down in mobile and IoT devices.

10. It could be used anywhere on any system software or hardware without tampering.

Problem: Asymmetric and Symmetric keys are never used in a versatile and coalescent way

11. The encryption is more of the modular forms: M1-M5 aiding a-BFT to exonerate the curse of blockchain.

Problems: Private and public key (PKI) is making Dapp harder to achieve seamlessly and securely.

12. Nodes that are parties to a transaction can update and upload ledger of transaction i.e DApp of other verticals will suffice.


Problem: Most DLT are broadcasting transactions making it harder for privacy.

13. There will be no need to broadcast transaction if only vetted profiles are approved through Biometrics-Mult-Auth (Fingerprints + Auth), physiological appendages and behavioral patterns etc.,


Problems: PoW, PoI and Pos for consensus have serious limitations.

14. Prove of SuA -> Po(SuA) = (PoS); and Simple UWA Assignment (SuA) as a means of vetting profile?s Universal Wallet Address (UWA).?Removing DDOS and serves as sovereign ID. Also rules out 51% sybil attack.

Problems: There is no secure data life cycle (sDLC) in any blockchain technology

15. Data uniqueness is guaranteed, where the letter ‘a’ is sent across one node, about 10 times. That same letter is expected and must represent 10 different characters periodically.

Problems: Mining will shackle emerging markets as others with power decide their transactions.

16. Mining must be removed for a quick turn-around in real time without violating the chain of data custody.

Problems: Blockchain technology developers sometimes are motivated by greed and avarice, thus the lack of sincere development for emerging markets.

17. The locale economies, indigenous skills, fraud/corruption level, commerce and industries of the emerging markets will now be considered in the newly proposed blockchain derivative called LokChain.

These are the reasons why we are tirelessly working: We believe that we can achieve this by adding into the mix, our technology while modifying NEM Blockchain to include specific features from IoTA and Hashgraph. We urge you in support of a digital era. Moving forward we will remain open as we set out to a journey of hope and innovation.

We want to share what we know a means of growing this technology to senescent. We are encouraging all (developers, administrators, advisors, Crypto enthusiasts, innovators and partners) to align with our core belief of fixing the hole of the internet.

- Lokchain: The one and only 2048 bits encryption blockchain.

  See, Secure, Develop.

The context and meaning in the name Lokchain are tactile: Lok = lock; Chain = Chain. Further research shows that Lok or Loka in Hindi could mean people. The name is more, or less a picture of the words used.


In the nearest future we will show you an application demonstrating how local confirmation of transaction should be.



Lokchain Team,

Kind regards.