MINSK, REPUBLIC OF BELARUS – Media OutReach – 6 January 2021 – LikeLib is a community-primarily based open supply blockchain undertaking that employs blockchain technology and electronic identities to digitize and informatize property use clever contracts to mechanically control belongings and information to accomplish a diversified community of “smart economy”.
The ecosystem joins the major communities all-around the planet to take part, and is fully commited to linking all with an open head, so making a decentralized community that can grow and obtain multi-celebration collaboration and acquire-earn in actual enterprise modern society.
LikeLib community chain staff leader Mr. Thierry, functions director DIma, and technical normal counsel Ms. Olga. All of them have quite potent technological innovation and business enterprise history.
LikeLib’s core customers consist of Technological Director Mr. Renia, Mr. Yevgeny, Complex Director Daniel, Application Engineer Oleg, Sergey, Dennis, Business enterprise Analyst Mr. Andre, Ms. Tania and the neighborhood technological know-how improvement staff Ms. Julia Palamarchu, Maksim Hryhoryeu, Daniel Harapko, Anre Ku, Alexey Nekrasov, Alex, etcetera. have several a long time of encounter in suitable positions in Dublin internationally, as effectively as abundant specialist know-how and abilities.
Some ecological programs of LikeLib blockchain consist of:
1. The best resolution (Biteacon)
Biteacon is a browser that interacts with the LikeLib ecosystem, which can assistance consumers discover other network-related facts these as its blockchain and transaction quantity.
2. The most effective good agreement (Supplike)
Supplike is a platform with developed-in embedded offer chain builder based on LikeLib blockchain. With the crafted-in builder, you can very easily style and design and deploy the supply chain, assign roles and use it conveniently, and generate code-free answers for the source chain via cellular apps.
3. The very best answer (LikeLib Analytics)
LikeLib Analytics is the LikeLib blockchain browser and assessment platform, indexing all blockchain info by the huge knowledge pipeline and disclosing info and indicators by API and World wide web purposes.
On this foundation, the “blockchain + edge computing” IoT administration procedure, the study of the digital degree certificate management technique of the alliance chain, relay cross-chain technology, channel point out differential information and facts crucial symptoms detection algorithms, research on folks counting methods dependent on WiFi perception, World-wide-web of Matters architecture for electrical hearth monitoring of historic structures based on edge computing, and multi-discipline and interdisciplinary professional variety algorithms for multiple challenge ecology and algorithm technique applications have been effectively designed in the LikeLib community chain main network.
LikeLib 2. offers a extra safe and secure blockchain assistance, which handles knowledge connections, hybrid storage, cross-chain technologies and other core modules with impartial mental home rights, which can swiftly construct remedies for usual application situations.
The recently-released 2. procedure will not only minimize transaction software charges, but will also trigger block chain replication forks and increase transfer transactions. The regular transaction worth can be allotted concerning operational interruptions. When compared with the former model 1., the transaction volume has steadily elevated to 10,000 transactions for each second, and the transaction velocity is about 10,000 TPS.
In conditions of supporting intelligent contracts, interchangeable consensus mechanisms and dispersed storage networks, the blockchain consensus mechanism can be changed in accordance to different variables (these types of as transaction volume), and a dispersed storage community dependent on IPFS can shop a substantial sum of data outside the house the chain.
LikeLib2. absolutely uses database fragmentation technology. Only a smaller section of the enter transactions need to be processed, and a huge total of verification perform can be accomplished by means of other common parallel processing on the network.
LikeLib uses Bridges technologies, which is a blockchain interoperability technology precisely utilized to make the LikeLib ecosystem cross-chain suitable with external blockchains (these as Ethereum).
LikeLib cross-chain bridge technology makes it possible for cross-chain property and information trade involving the primary community and every single project ecosystem, like the axis connecting several islands. The LikeLib blockchain community realizes cross-chain via bridges, which greatly encourages the big-scale property of ecological projects these kinds of as Bitcoin and Ethereum, and the true sector liquidity of facts. The strengths include things like multi-signature technology/ring signature technological know-how/hash locking technology.
In addition, LikeLib2. also works by using Lightning Network transactions and zero-configuration transaction channels.
The current hosting answers on the Lightning Community only regulate their users’ resources on one or a number of, and they will not use one particular channel with each and every consumer. As a substitute, preserve an inner private ledger to report when the funds belong to the person.
Previously we described the ring signature technologies in the LikeLib2. cross-chain bridge. The ring signature is named because a specified parameter implicit in its signature is composed in accordance to particular rules. A lot of of the strategies proposed later on do not demand the composition of the signature to be a ring, as extended as the formation of the signature satisfies the spontaneity, anonymity and team qualities, it is also known as a ring signature.
The protection of the ring signature know-how plan is very superior, this sort of as: unconditional anonymity, unforgeability, unconditional anonymity of the signer, and the signer can freely specify his possess anonymity array, forming a attractive ring logic structure, which can notice group signatures The most important purpose of but does not require trusted third events or group administrators.
Ring signature is a exclusive group signature. There is no trustworthy centre and no team establishment process. For the verifier, the signer is absolutely nameless.
Theoretically, zero-understanding evidence can verify one thing to everybody else without exposing any proprietary, and the produced proof is smaller in measurement, the verification value is quite reduced, and it has nothing at all to do with the volume of calculation that demands to be proved.
LikeLib2. makes use of the generation algorithm (G) to create public parameters for the proposition, the evidence algorithm (P) to produce the evidence of the satisfiability of R1CS, and the verification algorithm (V) to verify the evidence and other technical approaches and usually means to at last produce the proof. It can be proved that there is a solution benefit reset equation contented with out revealing the mystery.
LikeLib2.0’s “decentralized and distributed” technologies implies that all facts is publicly recorded on the “public ledger”, and can only be entered and are unable to be modified, so that the comprehensive duplicate of the blockchain incorporates just about every executed action, so About the benefit belonging to each individual energetic handle (account).
The all round scenario has ongoing to iterate for 30 a long time, and only then has today’s prosperity been attained, and only then has “Internet +”. If you still have self esteem in the blockchain, maybe you ought to give it a lot more time. The LikeLib2. public chain procedure has already supplied the blockchain a gratifying solution in 2020.