Post
Topic
Board Development & Technical Discussion
Re: Next generation decentralized application platform
by
Hatchy
on 25/04/2023, 08:54:44 UTC
With the length of your write up, most users won't be interested in reading. You could have at least summarized it a bit and bring out the most important points.
I did a little summary and I think it will be better if you still try to summarize your content a little bit.

the op, is try to say is that there's is this new decentralized Blockchain technology that is user unique. And this allows users to register Only one account and not multiple. this new technology aims at providing a new proof of randomness(POR) mechanism which is able to select the book keeper using random numbers and doesn't consume much power but is more effective and centralized than a pow(proof of work) or a proof of stake mechanism (pos).


This new technology, has a inbuilt, fully fledged turing complete programming language allowing users to write smart contracts and decentralized applications.
Some importance of this user uniqueness includes it's ability to solve financial crimes brought by Blockchain anonymity and various crimes brought by future web3.0. it states the idea of using a facial recognition technology to generate a unique codes helping each users to create a unique account. And also, with the help of this new technology, more unique applications can be designed which includes, identity recognition systems, decentralized governance and a data conversion applications.


compared to the Bitcoin network, in which a full node stores and processes all data, taking up 15gb of space and currently growing more than 1gb every month. And this whole process has made it impossible for mobile phone users to act as full nodes. Another importance of this technology, is that it provides a simplified payment confirmation protocol(spv) which allows light nodes to securely determine the current status of any Bitcoin transaction and account balance by downloading only a small portion of the entire Blockchain specifically the block header and the Merkel tree branches.