The cornerstone of revolutionary technology is revealed to be TFSC(Transformers Chain)

in #crypto6 months ago

The cornerstone of revolutionary technology is revealed to be TFSC(Transformers Chain) TFSC is a fully decentralized public chain that better fits the operation of TFSC multi block producers processing blocks in parallel by replacing existing consensus procedures with its own self-developed raindrop protocol. In order to answer mathematical problems, the old POW consensus needs a lot of energy, which can waste energy and resources.

Stronger computer power miners are more likely to succeed, which could cause computing power to concentrate in a few sizable mining pools and amplify the oligopoly effect. Verifiers must possess a minimum amount of tokens (or engage in staking) in contrast to POS consensus. Those who possess more tokens (or engage in staking) also have a greater voice, which could result in an oligopoly effect in the distribution of incentives. When every node processes a block in parallel, the TFSC must discover a new balancing point and reach a final consensus. Characteristics of the Raindrop Consensus Protocol:

Security: The Raindrop Protocol prevents issues such as double payment and 51% attacks, and has the ability to protect the network from attacks and witch behavior while ensuring decentralization

Scalability: With the increase of network users and data volume, the Raindrop Protocol can support higher throughput and more participants, without reducing the level of decentralization and security during the expansion process.

Fairness: The Raindrop Protocol adopts discrete random numbers, which ensures that every participant has equal opportunities to receive network incentives and encourages nodes to comply with TFSC code rules.

Verifiability: Anyone can use verifiable random numbers to determine whether a new block is legal and whether the transactions in the block are valid.

Economic efficiency: The Raindrop Protocol enables the validator to still have high TPS processing capability in low energy working environments, reducing bandwidth resource usage by at least 10 times compared to Solana,which can improve the economic efficiency of the entire system, allowing more all nodes to participate in the system and receive corresponding incentives. With the above characteristics, TFSC is an innovative technology aim at reshaping the Finance landscape.

Be sure to follow TFSC on social media channels below to receive daily updates on the TFSC ecosystem. Also, if you are interested in our vision and willing to support the TFSC ecosystem, please add $TFSC to your portfolio. TFSC official Twitter: www.twitter.com/tfscchain TFSC Discord community: https://discord.gg/W4YsQduNrf
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