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Bitcoin Vision (BV for short) shared mining ecological platform focuses on core value principles such as trustworthiness, low threshold, scenarios, openness, usefulness, and co-construction, and uses "algorithm switching, time-sharing of computing power, collaborative consensus, The design of "chaos sorting", relying on the POC consensus mechanism and the traceable and non-tamperable full ecological characteristics of Bell, is committed to lowering the entry threshold of the global mining industry, allowing more miners to participate and obtain huge value, and return to the super-era sharing of the essence of value mining platform.
The BV shared mining ecological application platform will be suitable for the world's largest commercial and social service application scenarios as the starting point, with the "real-time shared mining mode" as the core, to provide convenient mining services to global users, realize and create an industry-leading New ecology" is the vision. Really improve the inclusiveness and ease of use of
blockchain technology, and effectively return to the white paper "Bitcoin: A Peer-to-Peer Electronic Cash System" released by Satoshi Nakamoto. "Everyone can dig The original intention of "mining" and allow enthusiasts who have entered and hope to enter the business ecology of the mining industry to truly embrace the blockchain.
The BV shared mining ecological application platform supports digital payment transactions and the experience of online and offline computing power circulation, asset exchange between miners and users, and process control of Token rewards through a layered structure, while encryption The asset BV Coin can play an important role in the construction of the platform. It can provide the necessary components for the construction of the sub-blockchain, which will support the flow of the entire ecological value and carry the entire ecological network and its various value transmission functions. Its platform mainly consists of the following five levels. The specific model is shown in the figure below:
Application layer: It is based on the realization of functions such as payment transactions, asset exchange, and shared revenue, as well as the design of the system architecture, to meet the services of various types of Dapp applications. On the platform model, the BV application layer will provide application development platform and multi-terminal version support, including Web, IOS, Android, Client, etc. In addition to the above, users can also access various services of the BV shared mining ecological application platform through the Dapp based on the H5 page of the mobile browser, so that the blockchain technology can truly be applied in the user's life.
Presentation layer: Mainly accept user requests and return data, and provide clients with access to applications. Access, information privacy protection, value transfer, and certificate storage services can be realized through the API interface, and multiple SDKs supporting different language versions have been established to achieve valuable and trustworthy access data; Matching and circulation of Token services, computing power transfer, digital assets and other applications.
Business layer: is the part that embodies the core value in the system architecture, in which all business logic is stored. When data and assets have not yet entered the block for flow, the business layer will perform a series of encoding, splitting, sorting, encryption and storage management according to its attributes. All nodes will read data according to token requirements and complete tasks with other nodes. The consensus mechanism and high-speed network connection are adopted to reduce the communication, computing and storage burden of nodes, thus ensuring the normal operation of transactions.
Contract layer: is a set of commitments defined in digital form, including: agreements on which contract participants can implement these commitments, etc. When we design smart contracts, we first make a logical comparison with the data and business in these business components to ensure that their rules and conditions are within the applicable scope. Then after the script code is introduced, the BV shared mining ecological application platform will compare again to confirm whether the rules of transactions and acquaintances conform to the data specifications in the business components. Finally, the issuance and application of smart contracts are performed in a closed manner.
Data layer: Contains functional components such as node management, consensus algorithm, and ledger service. At this level, the BV shared mining ecological application platform introduces an efficient, decentralized, universal participation, fairness, and universal benefit consensus mechanism, namely POC (Proof of Capacity) capacity proof, similar to Bit Coin’s POW consensus mechanism (the POW mechanism requires computers to find the hash value through a large number of calculations, and miners use a large number of repeated calculations to achieve the purpose of packaging blocks, which will consume a lot of power resources.), but with the POW consensus mechanism The difference is that POC uses the size of the hard disk space of the computer instead of the computing power of the computer, which greatly reduces power consumption. The larger the capacity of the hard disk, the more scheme values that can be stored in the hard disk, and the more chances miners have to match the required hash value, and thus have more opportunities to get rewards. Users can participate in mining with idle hard drives, and everyone can mine. Compared with DPOS, the node election mechanism of POC is more flexible, with a higher degree of decentralization. Compared with POS, it is more efficient and the algorithm is simpler and clearer.