CanonChain CZR to Beam BEAM Exchange

Crypto Pair Details: CZR to BEAM

CanonChain CZR

Reforging The Cornerstone Of The Blockchain World CanonChain will be triggered from the protocol layer and the chipset layer of data communications to provide a robust foundation for the entire blockchain industry. The pursuit of inclusiveness and relative fairness is the target of CanonChain. CanonChain will be triggered from the protocol layer and the chip layer of the communication to provide a robust foundation for the entire blockchain industry. UNDERLYING PROTOCOL We have established the basic protocol for the Fog Networking and implemented a new consensus mechanism via a specially designed blockchain chipset that truly fulfill the transactional capability requirements of dApps at the chip-level BUCKYBALL (FULLERENE) NETWORK Our Buckyball topology architecture will support the decentralized characteristics of DeOSes (Decentralized Operating Systems) and Dapps (Decentralized Applications) operations, by reaching consensus on fragmented self-autonomous network. VALUE SYSTEM BASED ON PARTICIPATION Operating on the main chain and application chain of CanonChain. When the blockchain and network resources are being contributed or used in different levels of applications and blockchain nodes, a standard measure is required, which is known as Xuanchi CZR.

Beam BEAM

Beam Mimblewimble is a scalable, fungible, and confidential cryptocurrency based on the Mimblewimble implementation. WHY BEAM? Core features include complete control over your privacy, All transactions are private by default, No addresses or other private information are stored on the blockchain, Superior scalability due to compact blockchain size, Opt-in Auditability, Support online and offline transactions, atomic swap, hardware wallets integration. Governance model No premine, No ICO. Backed by Treasury Establishing a non-profit foundation to govern the protocol after Mainnet launch How does it work? Wallets’ owners create new transaction using secure channel either online or offline Both wallets participate in signing the transaction using Schnorr protocol Wallet sends transaction to node Each transaction contains a list of Inputs and Outputs represented by Pedersen Commitments, as well as explicit fees and kernels. Each transaction also contains non-interactive zero knowledge range proof to verify that the output transaction value is positive Transaction is verified by the node Each transaction is verified with respect to the recent blockchain state which is stored as a Merkle Tree. The root hash of the tree is recorded in block header along with a proof of work. In addition, each node periodically creates compacted history to allow ‘fast sync’ of new and existing nodes. Transaction is added to the mining pool A block is mined every minute and is sent back to the node for verification and distribution. Mined blocks containing the new transactions are sent to the known peers A valid block that is extending the longest chain is accepted as a new Tip and propagated further until full consensus is reached. Fast sync When a new node connects to the network for the first time it can request compacted history containing only system state and blockchain headers. There is no need to retrieve the entire transaction history.

SOURCE: COINGECKO

instantcryptocurrencyexchange Statistics

Instant Cryptocurrency Exchange Platform