The Yuan Chain platform combines various innovative technologies,such as Hot Replacement Smart Contract and inter-blockchain technology, building a new blockchain network architecture. It features the decentralized characteristics of public blockchain while capable of having the high performance and privacy for which a permissioned blockchain is needed.
Yuan Chain constructs a simple but high-performance main chain with various flexible and diverse parachains, which store and validate data in the blockchain in a low cost and fast way, allowing assets and debts to transfer and confirm under a privacy-controllable condition. Moreover, Yuan Chain integrates smart contracts and designs token-incentive collaborative mechanisms, enabling value transfer on the internet and building a trustworthy society.
1. Main Chain is highly stable like the bitcoin network, no virtual machine, high concurrency, TPS will reach 10,000 in the future.
2. Major Hash logo of parachain will upload to main chain, ensuring immutability.
3. Adoptions of smart contract and virtual machine on parachain, which will have no impact on main chain’s security and stability.
4. Interoperability between parachain and the main chain is highly efficient and stable, making sure that main chain is authoritative and parachains are diverse.
5. Innovative consensus mechanism DPOS + BFT, elective block creation and validation nodes, similar to jury system, ensuring a fair and efficient consensus.
6. Integrate Ethereum smart contract with Yuan chain seamlessly, C2C trading with bitcoin, ethereum and others.