ENQ Enecuum Blockchain : Mechanism in Enecuum Trinity Consensus Algorithm

in #blockchain6 years ago (edited)

The project was created as an ideal environment for decentralized applications and business applications. The basic requirements that we set for the project are scalability, speed and security. Using revolutionary developments - mobile mining, smart contracts on Petri nets and linear logic, a hybrid consensus algorithm and project management based on the time contribution to its development and many other solutions, they have created a protocol of tomorrow in future. Distributed experienced team is constantly working in Hong Kong, Dusseldorf, St. Petersburg, Seoul.

Enecuum Testnet Results with 9000 Transactions per Second

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Enecuum is a state-of-the-art blockchain environment that promotes security through smart contracts, allowing instant transactions with zero commission. The project aims to solve the problem of network scaling by simultaneously supporting three algorithms for mining: Proof-of-Stake (PoS), Proof-of-Work (PoW), Proof-of-Action (PoA).

The main advantages of Enecuum’s blockchain and cryptocurrency are speed, scalability and network security. Enecuum solution aims to allow handling up to 1 million transactions per second.
Enecuum is based on a hybrid consensus algorithm. One of its development components is an improved version of Bitcoin-NG, which allows the network process new blocks faster. This is an important part of the architecture that potentiates the high throughput of the network. The project will also be resistant to ASIC mining due to the CryptoNight algorithm with several additional modifications.

Enecuum uses two-factor proof of activity. PoA miners will reach consensus by forming teams of 64 participants. Each team publishes a chains of 62 microblocks, 40 transactions in each, and adds them to the network. PoA mining can be performed on mobile devices.
Enecuum uses a PoS algorithm to reach consensus as well. Miners will constantly check the balances of all the wallets in the system, receiving a flexible reward.

Data Structures used in Enecuum Trinity Consensus Algorithm :_ !

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Distributed ledger technologies are powerful, disruptive innovations that could transform our society and enhance productivity of applications. According to the famous N. Virt formula “Algorithms + Data Structures = Programs” the main ingredients of every computer program are algorithms and data structures. it's great..

Researchers and practitioners came to conclusion that the most natural data structure for transaction storage is Directed Acyclic Graph (DAG) — a finite directed graph with no directed cycles. Strictly speaking DAG-based distributed ledgers are not blockchains itself, but projects with such structure are getting popular due to their ability to overcome blockchain design limitations. Let’s discuss existing DAG-based approaches in chronological ordering.

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Enecuum Hyperdag :-
their own approach HyperDAG generalizes Nakamoto’s blockchain to a DAG of blocks taking best practices from some other solution utilizing DAGs. Similar to Hashgraph the DAG is wide to take maximum advantage from appending history while deciding what transactions are valid and reliable. Using HyperDAG to store transactions enables creating branches (chains of blocks) containing only homogeneous transactions. Each branch is, in essence, a separate blockchain, and, at the same time, is a part of the whole system.

HyperDAG supports the creation of separate branches where the rules can be tailored to solve numerous potential business problems including the ability to handle a large number of transactions cheaply and quickly. Furthermore, this solution allows to integrate the “sharding” technology that is successful in solving the scalability problem.

Over the past three month strategic partnership agreements have been signed with three well-known investment blockchain funds: Alphachain, GEM Capital and iCapital & upcoming.

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Second stage of Private Sale. November, 1 the new stage of Enecuum Private Sale started. It takes place between November 1, 2018 and November 30, 2018, and their whitelisted participants of Enecuum token sale will be able to purchase at a price of $0.05. their token sale ended with its final stage between 1 December 2018 and 31 December 2018, with a token sale price of $0.06.

Airdrop is going live. Enecuum Airdrop is on right now, and everybody who wants to join can easily follow a few steps to receive the reward and become a part of Enecuum community. Firstly, go to https://airdrops.io/enecuum/ and read the general description. Then, visit their official Airdrop page , sign up and pass the KYC process. This won’t take long, so you will be able to start earning ENQ tokens soon. In your personal account you will see the available tasks — make posts, tweets, videos, or create unique content to become the best participant and receive up to 5 000 ENQ!

Follow EnQ Community :-
Enq website :- https://airdrop.enecuum.com
🔹 Enecuum EN: https://t.me/Enecuum_EN
🔹 Enecuum RU: https://t.me/Enecuum
🔹 Enecuum VN: https://t.me/EnecuumVietnam
Medium :- https://medium.com/@ENQBlockchain/enecuum-framework-possibilities-part-2-7c8ff65c1c4e

Follow the link for more information: https://airdrop.enecuum.com

 FACEBOOK :- https://www.facebook.com/enecuum.EN/?ref=bookmarks
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Nice and detailed article, keep it up brother

thanks ashish ji..I love your youtube channel..

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