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.
Syscoin is “a global network, a distributed ledger, a decentralized database and a blockchain. It is also a cryptocurrency, an altcoin, a digital currency and a tradable token.” Originally launched in late 2014 and created through a Bitcoin fork, the current version brings us to Syscoin 2.1 and has an algorithm that allows it to be merge-mined with Bitcoin. Merge mining is simply the ability for miners to simultaneously mine two different cryptocurrencies based on the same algorithm. The project attempts to remove the middleman and put money directly back into merchants/consumers hands, eliminating hefty fees currently charged by big corporations like Amazon and eBay. To facilitate near-zero fee transactions, you can use its native cryptocurrency, Syscoin (SYS), to pay for goods on the marketplace. However, you can also pay using alternate cryptocurrencies such as Bitcoin or Zcash. Syscoin is led by a team of developers and was created by its current core developer, Sebastian Schepis. According to Proof of Developer, a website that verifies, evaluates, and ranks developer teams, Syscoin received 5 stars in 2014. Blockchain Foundry maintains Syscoin as its flagship product, with a mission to “disrupt markets by leveraging the potential of blockchain technology”. In March of 2017, Blockchain Foundry partnered with the Microsoft Azure ecosystem and is one of the founding members of the Digital Identity Foundation (DIF). Other founding members of the DIF include the likes of corporate giants such as Microsoft, Accenture, ConsenSys, and more. Syscoin’s blockchain delivers faster speeds along with lower transaction fees than its predecessor, Bitcoin. It can support 750 tps, and with the upcoming masternode release, it will support more than 300,000 tps. For now, it’s one of the cheapest cryptocurrencies regarding transaction fees (behind zero-fee transaction cryptocurrencies such as NEO and NANO), even cheaper than XRP.' Some of the features highlighted on the SysCoin website includes :- 1. Buy/Selling goods on the blockchain 2. Brokerage on the blockchain 3. Issue and trade certificates on the blockchain 4. Merged Mining