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.
Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. Ethereum Classic is a continuation of the original Ethereum blockchain - the classic version preserving untampered history; free from external interference and subjective tampering of transactions. Transaction Finality Ethereum Classic believes the core value proposition of any blockchain is immutability; valid transactions can never be erased or forgotten. Individuals interacting on Ethereum Classic are governed by this reality; Code is Law. This does not necessarily mean that code replaces existing laws, or that only code is law (there are many geographical jurisdictions), but it gives users the opportunity to enter into a new blockchain-based jurisdiction where agreements are governed by code. By entering into contracts on Ethereum Classic, you can be certain that the network remains neutral. The outcome of transactions will be dictated by code you voluntarily interact with. Unless explicitly defined by the contract code, there are no reversals, no undos, no opt-outs. Transactions are final; applications are unstoppable. Decentralized Governance There are many problems that fester due to centralization and opaqueness; corruption, unaccountability, nepotism, inefficiency and stagnation. Ultimately, centralization leads to fragility; only decentralized systems can stand the test of time. These problems can be only solved by adhering to governance systems that do not rely on a central point of failure. Just like distributed networks and the consensus protocol itself, we believe that only truly decentralized projects can survive in the long run. Ethereum Classic manifests these values by relinquishing control by a formalized central foundation. The only hierarchy is that of transparent meritocracy and mutual reputation. No backroom deals or behind-closed-doors unilateral decision making; just free and open discourse.