BYT (Build Your Trust, credit chain) is a distributed credit ecology based on POC value network, relying on high-performance POC public chain, cross-chain fusion credit system, multi-chain symbiosis and shared underlying consensus, modular business architecture and POC ecological innovation The first-generation economic system provides extensive credit solutions for various industries in the real world and in the virtual space. BYT (credit chain) will be widely used in finance, international trade, commodity circulation and other fields in the future, combined with BYT's new business model Create a POC consensus financial ecological credit chain.

BYT ecological underlying structure

In the underlying structure of BYT ecology, we have designed a complete technical support system for credit on the chain, including BYT public blockchain, cross-chain fusion credit system, distributed credit authentication module and credit encryption transmission mechanism, etc. An on-chain trust infrastructure that collaborates with each other. The underlying structure of BYT aims to realize a credible process of credit establishment, authorization and transmission based on a distributed value network to ensure the stability and effectiveness of the core logic model of the credit ecology.

BYT public blockchain

It is an expandable open source public chain, which adopts the design concept based on distributed networking technology, asymmetric encryption, smart contract, node + POC consensus underlying model, and has a total of six classic blockchain structures, namely data layer, network layer, consensus layer, incentive layer, contract layer and application layer. On this basis, the BYT public chain fully integrates the digital identity orientation and cross-industry scalability required by the credit spontaneous mechanism on the chain. It not only undertakes the original functions of distributed ledgers, but also integrates rich cross-chain linkage attributes . As an ecological basic chain, the BYT public chain deeply realizes the effectiveness of on-chain identity, authority management, and credit transfer in the entire BYT ecosystem. cornerstone of sex.

In terms of consensus, the BYT public chain adopts the DPOC (Delegated Proof of Capacity) consensus algorithm with both performance and scalability, that is, the nodes selected by miners in the ecosystem through computing power voting are responsible for the blockchain ledger Maintenance, other common
nodes have access to records and storage permissions. DPOC has a stability advantage different from DPoS (Delegated Proof of Stake), which can effectively avoid the single point of failure that may occur to specific bookkeeping right acquirers. Once confirmed by more than 51% of member nodes, this proposal will Become a legal block that is finally packaged and released.