PlatON Tips

Welcome to PlatON Tips-Episode 19 We are going to talk about the WebAssembly-Wasm Preface WASM (WebAssembly) is not a language, but a new bytecode format, a brand-new underlying binary grammar, and instruction code compiled by the compiler. Small in size, portable, fast in loading, and compatible with the latest format of the Web, WASM is a new technology to run portable programs safely and effectively. This article analyzes the introduction, advantages, operation mechanism and use of the PlatON WASM contract in detail. Introduction of WASM WASM was mainly applied on…

Welcome to PlatON Tips-Episode 18 We are going to talk about the Governance mechanism Governance Overview Blockchain governance mechanism refers to a set of decision rules and action standards for stakeholders in the blockchain ecosystem to agree on decisions. The goal is to allow the decentralized network to iteratively develop over time. In the blockchain, some important technologies, such as consensus mechanism, scalability, security, etc., can be better solved by providing reasonable incentives through the governance mechanism. A complete blockchain governance mechanism should be the combined product of blockchain technology,…

Welcome to PlatON Tips-Episode 17 We are going to talk about the PlatON Consensus Solution CBFT Overview Based on the partially synchronous mesh communication model, CBFT proposed a three-phase consensus concurrent Byzantine fault tolerance protocol. The mesh communication model is more suitable for the weak network environment of the public network. The normal process of CBFT is similar to Hotstuff, and it is divided into prepare, pre-comit, commit, and decide stages. However, CBFT has also made key improvements: batch blocks can be proposed in a view window continuously, and the…

Welcome to PlatON Tips-Episode 16 We are going to talk about the PlatON Consensus Solution We propose a concurrent Byzantine fault tolerance protocol (CBFT) to solve the efficiency problem of partially synchronous networks. This article analyzes consensus protocols such as PBFT, Tendermint, and Hotstuff. With reference to their best practices, CBFT designed pipeline validation, batch production, and low-complexity view-change to improve consensus efficiency. Distributed network model According to the distributed system theory, the network model of the distributed system is divided into three categories: Synchronous network model: messages sent by nodes…

Welcome to PlatON Tips-Episode 15 We are going to talk about the Economic model PPoS consensus PlatON adopts randomly selected nodes among the small-scale candidate nodes to participate in the BFT consensus, and makes a trade-off between the number of verified nodes and performance. Any LAT holder can pledge to participate in the validator (alternative validator candidate ), other LAT holders continue to vote through delegation, thereby maintaining a small-scale dynamic alternative validator candidate (alternative node) list, and then in this candidate list, several validators are randomly selected for block…

Welcome to PlatON Tips-Episode 14 We are going to talk about the Economic model Published by LAT The token in the PlatON public blockchain is called LAT. LAT does not have a hard cap, and is divided into initial issuance and additional issuance. Initial release LAT’s initial issuance is distributed to the Founding Team, LatticeX Foundation, Research Fund, Ecosystem Fund, Developer Fund, Private Round and Reserve in a certain proportion. This is achieved by writing the allocated account and balance parameter information into the genesis block configuration, and introduce the…

Welcome to PlatON Tips-Episode 13 We are going to talk about the Economic model PlatON’s economic design goals PlatON’s economic design has the following goals: First, choose PoS. We believe that PoW’s energy consumption is too high. Faced with real-world energy constraints, PoW’s market share cannot grow indefinitely. PlatON’s consensus algorithm is called PPoS (PlatON PoS). Second, reduce consensus costs. PPoS uses off-chain identity and credit mechanisms and programmatic arrangements, but reduces the reliance on them through the randomness introduced by VRF. This can effectively suppress bribery and collusion. Third,…

Welcome to PlatON Tips-Episode 12 We are going to talk about the Scalable Privacy-Preserving Computing With the rapid growth of the Internet, the Internet giants represented by FAANG and BAT, by virtue of their technological monopoly status, have collected and stored enormous user data. And with the use of big data and AI, they are enjoying data monopoly and acquiring huge business benefits. Users not only fail to obtain data dividends, but also bear the risk of personal privacy being violated and personal data being abused. PlatON is committed to…

Welcome to PlatON Tips-Episode 11 So on this video, we will talk about Alaya and ATP. What is Alaya? Alaya is launched by LatticeX Foundation, with the identical standards on legal framework, compliance, and open source architecture. Alaya is the pilot zone of PlatON, and will work with PlatON to build basic facilities for full-circulation services of data elements. Alaya is the world’s leading distributed financial infrastructure of a new generation and is committed to providing developers, nodes, data providers, and other participants with a secure, high-performance, and scalable “sandbox” of distributed…

Add PlatON to MetaMask’s network Welcome to PlatON Tips-Episode 10, So on this video, we gonna talk about Why PlatON/Alaya need to link to MetaMask and how to configure it. Why PlatON/Alaya need to link to MetaMask? This is because it is more convenient to interact with Ethereum using MetaMask. Now both PlatON and Alaya are fully compatible with Ethereum ecology, realizing seamless connection with Ethereum platform. In addition, u   MetaMask can also make it more convenient for circulation, signature, contract interaction and other operations. So, how to set up?…

Welcome to PlatON Tips-Episode 9 So on this video, we gonna talk about Third-party wallets MetaMask Available as a browser extension and as a mobile app, MetaMask equips you with a key vault, secure login, token wallet, and token exchange-everything you need to manage your digital assets. MetaMask provides the simplest yet most secure way to connect to blockchain-based applications. You are always in control when interacting on the new decentralized web. Cobo Cobo wallet is a professional digital currency management wallet, it supports cloud wallet and HD wallet, it…

Welcome to PlatON Tips-Episode 8 We are going to talk about the validator on this video which continues from the previous one What rewards will I get for being a validator? Offerings: Each year, 2.5% of the total of the previous year is offered in increments, and 80% of the offerings (which is 2% of the total) enter the reward pool Foundation subsidy: Equivalent to 3% of the total initial allocation. Allocated in the first 10 years. Keep the node reward pool the same every year Block generation reward: For…

Welcome to PlatON Tips-Episode 7 So on this video, we gonna talk about validator What is a validator? PlatON is a blockchain project that implements democratic governance. Validators are jointly selected by all LAT holders to maintain and develop the PlatON network. The 201 nodes with the most votes will become alternative nodes, from which 43 validators will be randomly selected by VRF to participate in the management of the entire PlatON network. The responsibilities of a validator are: Maintaining PlatON nodes and network Production and validating the blocks Proposal…

Welcome to PlatON Tips-Episode 6 We are going to talk about the PlatScan on this video which continues from the previous one. Accounts There’s a lot of data that you can access about an account. This is why it’s often recommended to use multiple accounts so that your assets and value can’t be easily tracked. There are also some solutions being developed to make transactions and account activity more private. But here’s the data that’s available for accounts: •      Address: The public address you can use to send funds to….

Welcome to PlatON Tips-Episode 5 So on this video, we gonna talk about PlatScan. PlatScan is a professional blockchain explorer for PlatON networks. Based on the professional in-depth analysis of on-chain data, it provides the community with massive data and versatile data analysis and query functions. Block explorers are your portal to PlatON’s data. You can use them to see real-time data on blocks, transactions, validators, accounts, and other on-chain activity. Blockchain is designed to be transparent, anyone can verify the data of blocks. The block explorers provides interface to…