After the BitCherry test network formally launched version v1.0.1 and v2.0.1 BitCherry test network on-line version of the official update, BitCherry distributed ecological fund was established, and invested 10 million US dollars for the development of environmental chain applications, competition, incubation, and investment.
At the same time open, BitCherry's "All Spark Plan" to develop more valuable, has the potential to blockchain business applications, enrich BitCherry distributed business ecosystem. Developer can deploy development on the BitCherry chain, run DApp; the registration project's operation has been assessed to give out the Top 10 "Super Spark" incubator reward.
BitCherry looks forward to a distributed business application development technology that has a bright future of cohesion, community, and ecological resources so that new technologies make up less than current commercial blockchain there is the underlying architecture to provide high performance, high security, high global commerce available underlying technical support and solutions. On the other side, "the fire source" also represents the diversity and ecological sustainability BitCherry's future.
Outstanding technical advantages provide strong technical support
The public chain generally encourages participants to compete for bookkeeping through the token mechanism. Therefore, the public chain project's value will be reflected in the token's worth, but the final deal will inevitably return to the technical matter. Thus, the judgment of the future development of the public chain requires technical evaluation of the project. Performance evaluation from well-chain technology, scalability, privacy, security, stability, and other dimensions, the advantages can be seen by BitCherry comparison technique mainly:
High Performance: The consensus nodes of the entire network are expanded to more than 100,000+, while the nodes participating in the consensus of each transaction are controlled within hundreds, and the TPS is stable to more than one million. Even if there are tens of thousands of BCHC transactions per second, it is still not. It will affect the security and stability BitCherry network. Bos said that TPS could reach more than one million, IRIS, Cosmos, and Polkadot said that TPS had reached thousands of levels, and ETH2.0 is currently claimed to reach 100,000 levels. The sharding technology has solved the block congestion problem caused by insufficient TPS to a certain extent. Therefore, BitCherry world's leading chain of public representation based on technological evolution will continue iteration.
Scalability: BitCherry aBFT asynchronous algorithm and relying on the longitudinal side chains + horizontal fragmentation expansion of design to solve congestion blocks, which means that phenomenal trendy application resource consumption do not affect other App on the chain. In contrast, DApps can only issue coins on Ethereum and cannot establish a blockchain. All DApp applications on Ethereum can only share one main chain, and BitCherry can support few application scenarios. Although EOS solves the scalability problem to a certain extent through the consensus algorithm, this mechanism will also cause the users who have a large number of tokens to generate blocks, creating a vicious circle of "The Gap between Rich and Poor."
Privacy Security: BitCherry run a full node attached to the structure HashGraph and does not require heavy workload proved ensure decentralized at the same time, can point to point encryption of information to protect the privacy of user data in the interactive process Safety. In contrast, AWS provides services for more than 25% of the world's applications on Ethereum, and the platform can easily collect user data, so users lose the right to choose their privacy.
Decentralized: BitCherry use sharding, side chain in Hash algorithm, while the longitudinal extension of the side chain consensus full network node, to achieve a fully decentralized network. Generally speaking, it is challenging to achieve complete decentralization, especially in the pursuit of higher performance. Therefore, most public chains can only be regarded as incomplete decentralization or even partial centralization. For example, the high degree of centralization of the NEO node network has been widely controversial, and the deficiencies of the Bos consensus also tend to be centralized.
Stability: After efficiency and security, stability is also one of its essential properties. The performance stability determines whether the public chain can produce blocks stably and whether it will be affected by malicious attacks. The average block generation time and average block generate stability will affect how long an operation in the DApp can be completed and the continued strength. At present, many times, an average chain well as IRIS, Cosmos, and the like Polkadot block efficiency was less than 10 seconds, BitCherry IPv8 protocol ensure