The original ERC20 currency is directly mapped to the main chain currency at a ratio of 200:1.

CVNT Consciousness Value Network is a combination of a new generation of decentralized storage network and high-performance Layer 2 network. By adopting VRF consensus main chain superimposing PoST consensus, it creates a more resource-saving and efficient decentralization storage system.
At the same time, CVNT adopts ZK Rollup and state channel technology to provide a low-cost, high-throughput Layer 2 solution, and builds a Layer 2 validator node architecture to better ensure Layer 2 efficiency and security.

Application scenario

Content distribution
CVN platform sets three roles: content creator, consumer (video viewer, document reader, music listener, evaluation and sharer), distribution People (miners), the content distribution of CVN is centered around these three roles. The content creator publishes the content and sets a price for it. After completion, the work is uploaded to the network, and the publisher downloads it and disseminates it on the blockchain. When the interested consumer is matched, the latter needs to pay the corresponding The content creators will get these tokens for the release of content, and the issuer will also get tokens from content creators and platform rewards for storing and publishing content. Consumers can also act as a communicator. After downloading some data fragments, they can also share and upload them to other consumers through the DHT network to earn tokens rewarded by the platform.
Publishing is the process by which new content is stored on the network and information about that new content spreads within the community.
Content Reward
P2P download often encounters the phenomenon that valuable resources are not seeded and the download is incomplete. Taking advantage of the decentralization of the blockchain and the characteristics that transaction information cannot be tampered with, consumers can initiate paid file requests to solve the problem that high-quality content cannot be downloaded.
Content evaluation
The promotion and evaluation of content on traditional content platforms can only rely on channels such as paid advertisements, and the use of the characteristics of blockchain community autonomy can help the promotion of high-quality content change. more easily.
High-quality content creators (hereinafter referred to as publishers) can initiate prediction prediction transactions for their own content on the CVN network, freeze part of their own Tokens, and specify a time range and prediction rules, such as: the total number of praise reaches a certain value And the praise rate reaches a certain value. The system randomly selects users to participate in the anonymous prize-winning prediction quiz. After participation, a quiz transaction will be generated. Part of the Tokens of both guessing parties will be frozen. After the quiz is over, the loser and the issuer's Token will be equally distributed to the winning party. In this process, the guessing parties will independently promote the content in order to obtain Token, and with the correction of collective wisdom, the content evaluation will return to a reasonable level.
Content review function
In order to prevent the spread of pornographic, violent and other spam content in the P2P network, CVN introduces content guarantee deposit, content warning and council mechanism. Content creators need to have a certain token in the account as a guarantee when publishing their works. Users can initiate a report when they find that the content contains pornography and violence. When the conditions for platform warning are met, the platform freezes the token in the content creator's account as a deposit, and the council votes to determine whether it is spam. If it is identified as spam, the content will be banned by the platform in the P2P file transmission network, and all users will not be able to download it. The deposit of the content creator will be deducted and distributed equally to the reporting users. At the same time, the content creator needs to provide double tokens as a guarantee when publishing the work next time. If the number of tokens in the content creator's account is insufficient, the content creator needs to pay the last penalty fee to the council before subsequent releases can be made.
For some malicious reporting behaviors, publishers and content supporters can initiate counter-reporting. Both reporting and counter-reporting can choose a paid mechanism, and both parties pay tokens as a deposit. If the council determines that the content is spam, the reporting party will equally distribute the tokens of the anti-reporting party, otherwise the anti-reporting party will receive the token of the reporting party, and the council will also receive part of the token rewards. The directors of the council are elected by the Token holders of CVN through voting. The vote weight of each voter is calculated by the percentage of its Token holdings to the total system.
High-quality content investment and shareholding mechanism
Content creators can expose the progress of content creation in advance, and content consumers can find high-quality content on the platform and make appointments for distribution and promotion, and use their computers in advance Bind high-quality content, and bear a certain percentage of distribution costs and pay a certain percentage of deposit for content creators. In the later stage, they can rely on the traffic advantages of high-quality content to complete higher-value contributions and high-quality content recommendations, and promote the mining of high-quality content on the platform. At the same time get more profit.
Content publishers and distribution nodes make personalized reward rules for content promotion
With the popularity of Internet applications, there are countless channels for people to obtain content and information. People have their own opinions on the display form and preferences of content, and content creators need to spend huge costs and energy on research for the prediction results of content responses with a certain mass base. The prediction mechanism based on CVN can effectively help publishers to efficiently collect market feedback while continuously producing content, which is conducive to producing high-quality content that is more catering to the market.
At the same time, through CVN's market response prediction mechanism, anyone can initiate a prediction. For the publisher itself, its fans or platform users who highly recognize the value of its content, by initiating the relevant prediction results of the publisher's content, and through Its own channels actively promote more people to participate, so that high-quality content can be spread spontaneously and quickly under the impetus of the prediction mechanism.

Consensus mechanism

The core mechanism of the consensus algorithm in the blockchain, which determines the order of transactions and filters out non-compliant transactions. Common consensus algorithms in the blockchain include POW, POS, POA, and DPOS.
The POW (Proof of Work) consensus mechanism uses computing power to maintain equality between nodes, which is very effective in resisting network attacks such as Sybil attacks. In addition, POW anchors the output price of coins with the cost of electricity, which increases the cost of doing evil and ensures the security of the entire network. In fact, the POW mechanism has been operating safely and reliably since the emergence of Bitcoin. However, pow not only wastes resources, but also has very low performance, which is not in line with the high performance required by CVN's underlying network.
The POS (Proof of Stake) mechanism can bring relatively high TPS, but the trust brought by this mechanism depends entirely on itself, without other external anchors, and there are many uncontrollable factors. The DPOS (Delegated Proof of Stake) consensus mechanism achieves performance that meets production requirements at the expense of partial decentralization.
Based on the needs of the CVN network and weighing the pros and cons of all aspects, in order to achieve a safe and usable high-performance blockchain platform, we decided to adopt an improved DPOS consensus mechanism. The consensus process is as follows:
1. Select from candidate nodes A certain number of production nodes;
2. The elected production nodes take turns to produce new blocks;
3. When the newly generated block is confirmed by more than 2/3 of the production nodes, the block is considered to be irreversible.
In CVN, every 3 seconds, one of the 33 elected production nodes is authorized as a block producing node to package transactions to generate new blocks. In this way, 33 production nodes will produce blocks in turn, that is, 33 new blocks will be generated in one round. If the new blockchain is not produced within the planned time, the current production node will be skipped and the next production node will produce a block. Under normal circumstances, the blockchain based on this mechanism will not fork, but if there is a fork, it is still based on the longest chain principle.
Different from the traditional DPOS algorithm, CVN is based on the traditional DPOS by adding Byzantine fault tolerance and penalty mechanism, which is a hybrid consensus. All production nodes need to sign on all blocks, and a production node cannot sign on two blocks of the same height. When more than 2/3 of the production nodes sign the same height block, the block is finalized. irreversible. And it will formulate some rules that cannot be violated. If these rules are violated, the node needs to be punished. In order to ensure the intensity of punishment and maximize security, nodes participating in the election need to vote a certain amount of tokens to their own nodes, and lock this part of tokens before withdrawing from the election. Once a production node violates certain rules, part of its locked tokens will be confiscated accordingly, and it will withdraw from the election node.

Business prospects

Use high-quality content to drive the increase of global digital asset users
The December 2017 global blockchain economic development report shows that there are only 4 million domestic digital asset users, and the global digital asset With less than 30 million users, the global government and blockchain project teams are faced with the embarrassing situation that the application scope of blockchain technology is small and the actual industry promotion effect is low.
CVN aims to unite global content distribution platforms and transmission platforms. Based on the characteristics of self-dissemination of high-quality content, wide audience range, and high user stickiness, CVN will provide a platform with tens of millions of users, such as Renren Video, through the content value network. Platform and user empowerment, strengthen content quality and content output efficiency, give full play to the core value of high-quality content, jointly drive and cultivate digital currency payment habits of content consumers, increase the total number of global digital asset users, and contribute to the progress and development of the blockchain industry The rapid application of blockchain technology has made great contributions, enabling ordinary people to quickly cross the threshold and enter the era of digital asset consumption.
Building the world's largest high-quality digital content sharing network
The CVN team has 15 years of experience in Internet content production, distribution, and operation, and is well aware of the great role of high-quality content in promoting the platform. With the tremendous changes in the globalized economy, CVN can further empower high-quality content, upgrade the value of idle resources that once seemed useless to content consumers, and highlight the ability to gather high-quality content and high-quality content creators. CVN is committed to Resource integration and technology supply, to build a multi-dimensional, multi-lingual, cross-border, highly free and highly pure high-quality digital content sharing network for 4 billion Internet users around the world.
Commercial extension and outreach based on CVN token
CVN, as a blockchain technology public chain that helps high-quality content distribution platforms empower, will effectively operate through mining content consumers and creators Behavior, continuously iterate the incentives of the CVN content value network, and provide underlying technical support for other content distribution platforms. Based on users' high-frequency and rigid demand for content, CVN will surely have many high-quality digital asset users quickly. In the process of rapidly advancing CVN's content value network coverage, CVN will become the highest-quality user traffic pool in the blockchain market. Blockchain and other technology application industries provide more direct help and promote the progress of the entire blockchain industry.

*The above content is organized by YouToCoin official. If reprinted, please indicate the source.