1. All nodes built new block itself, won't this cause chaos then?
Nodes can build block itself, when we can be sure that everyone get same transactions to block and build block with same rules.
2. How can we achieve a unity/confirmation that's reliable if any node can make their own block and argue that's it's true? Won't it increase further the risk of double spend attack or fake 'coins/'?
If you want to be 100% sure about what is right version of chain, you must keep record about newest block header, but you can verify right version for someone trusted party.
There is pubsub channel where all transactions, blockcs and complaints(if node believe that somebody have broadcasted wrong block) are broadcasted. So everyone get same transactions, the blocks will be same and they have consensus about right chain. Double spending is impossible, because nodes check that every broadcasted transaction is valid.
3. If there are no 'official tokens', then what coin will be used for this blockchain if there's no pegging from other coins?
Actually there isn't even official chain, every smart contract have their own chain.
You can make smart contract which doesn't need any coin, but there would be problem that who want keep record chain and transactions would be 100% free so chain is full of spam. So coin that is used for transaction fees is defined in smart contract.
In my own smart contract I use system which allow you to use any coin which follow token standard for transaction fees. Transaction fee is what storage for 10 years in three places cost at storage exchange. You can use any coin which have offers at storage exchange or you can at decentralized exchange transfer your coin if nobody offer storage for your coin.
Topic: [Project], blockchain platform, unlimited scalability, 2-way pegs (Read 149 times)
All nodes built new block itself, won't this cause chaos then? How can we achieve a unity/confirmation that's reliable if any node can make their own block and argue that's it's true? Won't it increase further the risk of double spend attack or fake 'coins/'?
If there are no 'official tokens', then what coin will be used for this blockchain if there's no pegging from other coins?
I still don't read your papers yet, but just looking at how you market your protocol it doesn't make sense tbh.
If there are no 'official tokens', then what coin will be used for this blockchain if there's no pegging from other coins?
I still don't read your papers yet, but just looking at how you market your protocol it doesn't make sense tbh.
Hi,
I'm developing new consensus model and public blockchain platform.
Corellia Protocol is new blockchain platform. Reason to build again new platform is new consensus model which give us almost unlimited scalability and zero fee transactions. It doesn't require any mining or things like mining. There isn't node who build new block, all nodes build new block itself. 51% attacks doesn't exist in this consensus protocol. Building is still very early stage, even the developers testnet isn't published. There is also built in storage exchange(like filecoin).
Interchain communication and 2-way pegs are also possible. So corellia could be used for building layer-2 solutions or bitcoin, ethereum etc.
There isn't any official token in Corellia. With 2-way peg other tokens(bitcoin, ethereum etc.) can be imported to corellia, but 51% attacks exist still in these tokens, so in some cases imported tokens can't be used. Chains are possible to deploy and use without any token, but in many cases some token is useful. So we launch X-token when mainnet is launched. Because token doesn't need mining, we need to find new way to make tokens. One possibly solution is auction for tokens in ethereum. Raised tokens would go to contract which destroys them or tokens could be used to building of Corellia. Founder fee is 0%.
There isn't any company behind Corellia, just anonymous devs. Devs don't get any profit for building Corellia. If you want support us DM me or [email protected]. Programmers who knows golang and virtual machine are needed.
We can also add this consensus protocol to your blockchain, integrate 2-way peg with Corellia to your chain or make chain rules/smart contracts to corellia. If you want know more, please feel free to contact us, with earnings we could hire professional programmers to build Corellia Protocol which would help us very much.
Read more: https://github.com/corellia-protocol/docs-and-wiki/wiki
Join our discord: https://discord.gg/H3MNPXY
Join our telegram: https://t.me/joinchat/JCGPVxNmcZiJfE4sTgQBPA
And the documentation of consensus model isn't very good yet, so probably you can't understand it. I make new topic about it when documentation is ready. So pls don't spam here questions about consensus or come tell how it won't work. If you want help us I can in private messages tell more about consensus, or if you want help to make documentation about consensus model.
I'm developing new consensus model and public blockchain platform.
Corellia Protocol is new blockchain platform. Reason to build again new platform is new consensus model which give us almost unlimited scalability and zero fee transactions. It doesn't require any mining or things like mining. There isn't node who build new block, all nodes build new block itself. 51% attacks doesn't exist in this consensus protocol. Building is still very early stage, even the developers testnet isn't published. There is also built in storage exchange(like filecoin).
Interchain communication and 2-way pegs are also possible. So corellia could be used for building layer-2 solutions or bitcoin, ethereum etc.
There isn't any official token in Corellia. With 2-way peg other tokens(bitcoin, ethereum etc.) can be imported to corellia, but 51% attacks exist still in these tokens, so in some cases imported tokens can't be used. Chains are possible to deploy and use without any token, but in many cases some token is useful. So we launch X-token when mainnet is launched. Because token doesn't need mining, we need to find new way to make tokens. One possibly solution is auction for tokens in ethereum. Raised tokens would go to contract which destroys them or tokens could be used to building of Corellia. Founder fee is 0%.
There isn't any company behind Corellia, just anonymous devs. Devs don't get any profit for building Corellia. If you want support us DM me or [email protected]. Programmers who knows golang and virtual machine are needed.
We can also add this consensus protocol to your blockchain, integrate 2-way peg with Corellia to your chain or make chain rules/smart contracts to corellia. If you want know more, please feel free to contact us, with earnings we could hire professional programmers to build Corellia Protocol which would help us very much.
Read more: https://github.com/corellia-protocol/docs-and-wiki/wiki
Join our discord: https://discord.gg/H3MNPXY
Join our telegram: https://t.me/joinchat/JCGPVxNmcZiJfE4sTgQBPA
And the documentation of consensus model isn't very good yet, so probably you can't understand it. I make new topic about it when documentation is ready. So pls don't spam here questions about consensus or come tell how it won't work. If you want help us I can in private messages tell more about consensus, or if you want help to make documentation about consensus model.
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