InsightChain is a next-generation commercial-grade basic public chain, which aims to establish a data ecological public chain that can be infinitely expanded by realizing a safe and efficient blockchain system and structured chaining and transactions of business data. Supports on-chain operation of high-concurrency Internet applications.
[VDPoS Consensus Based on VRF]
InsightChain uses a new consensus algorithm: VDPoS (Validated DPoS, verifiable DPoS) consensus, which is an organic combination of DPoS+BFT+verification nodes. Based on the introduction of verification nodes, the verification nodes are selected based on the VRF random lottery mechanism, and the verification nodes use the BFT consensus to perform secondary verification on the block.
【Sharding of DPoS Consensus】
InsightChain will carry out sharding on the basis of VDPoS consensus to further improve the TPS of the blockchain. We use a hybrid architecture of multiple main chains + multiple sub-chains. According to the resource utilization of the entire blockchain, the super nodes are automatically fragmented to form a multi-main chain parallel block generation mode, making full use of network resources and super node resources, greatly improving the speed of block generation and increasing the vertical expansion of the blockchain At the same time, multiple sub-chains can be activated on the main chain according to the usage of the application to support more DApp business data on the chain and increase the horizontal scalability of the blockchain.
【Three-dimensional data on-chain】
InsightChain can structure business data on-chain to form a unique three-dimensional data on-chain model. Traditional blockchains only upload data content or hashes to the chain. The data on the chain is not structured, and cannot express information such as the relationship between data, the relationship between attributes and data, and cannot truly guarantee the credibility of the data. We store business data in a structured way, and ensure the credibility of business data through chain consensus. Business data can be self-interpreted through the chain itself, and it is no longer necessary to interpret unstructured data through third-party applications, which truly realizes the credibility of data and ensures the value transfer of data.

Project Vision

The goal of Insight Chain is to develop the digital currency ratings, credit ratings, indexes, etc. generated by analysts and platforms into trusted industry standards. In the future, in addition to providing guidance for investors on the platform itself, it will also serve as Listing standards, reference standards for various digital currency funds, etc. provide services for the entire industry.
Insight Chain will issue a token based on Ethereum: INB is the circulation currency of the platform. INB complies with the Ethereum ERC-20 token standard and can be traded freely through the Ethereum public chain. In the system: transactions, rewards , voting and other behaviors will use this token for decentralized payment.

Project Highlights

Insight Chain will provide numerous systems and modules to ensure that all parties can fully participate in the Wall Street-like financial ecology in the blockchain field, so that all parties can enjoy the benefits brought by the ecology, mainly including eight major systems and Nine modules, the system is built on the blockchain as the logic implementation of the module, and the module is each component of the application used by the user.
1. Eight systems
The eight systems include: decentralized precision research system, decentralized voting system, decentralized evaluation system, and blockchain-based fraud prevention system, authentication system, decentralized data transaction system, social system and on-chain search system.

2. Nine modules
The nine modules include: news information, corporate disclosure, digital currency research, analysis report, investment strategy, index rating, voting forecast, data transaction and Q&A community .

Application scenario

[Insight] takes the decentralized research and rating of encrypted digital currency as an entry point, integrates project parties, analysts, exchanges, and investors through blockchain technology, and jointly builds a set of rating indexes, data transactions, A decentralized community research platform integrating information sharing and interactive consultation.
[Data Research] Analysts can use Insight to conduct research on digital currency companies, media, and investors. The research data will be stored on the blockchain to achieve trustworthiness and traceability of data.
【Information Sharing】Insight provides a platform for companies to disclose various information, and establishes a decentralized information sharing platform for companies, media, analysts, and investors.
[Evaluation Index] Based on data research, analysts rate digital currencies and digital currency funds from multiple dimensions to provide guidance for investors.
【Data Trading】Insight has established a decentralized data trading platform based on blockchain technology, allowing analysts, investors, companies, and media to conduct peer-to-peer transactions of various data, ratings, indices, and reports.
[Interactive consultation] The innovative research is mining mode, which guides users to participate in it to meet the sample number basis required for questionnaires, ratings, indexes and reports. Users participate in mining to get INB rewards.
[Wei Wish] The content is presented in an innovative double-image comparison mode. Users can not only learn about the latest fashion trends, ideas of other people, etc. by viewing the Wei Wish generated by the community, but also create their own Wei Wish to express their love for life. Sentiment or let the community help vote to make choices.
[New gameplay] The first two modes of "double picture comparison" and "single picture + emoji" are used to express feelings and opinions.
[Daily recommendation] 14 selected micro wishes are recommended every morning and evening for you to vote and learn about the latest hot spots and fashion trends.
【Selected Categories】Weiyuan is divided into categories such as comics, funny, celebrities, etc., find categories, topics, and your favorite pictures of Weiyuan.
【Real-time Voting】Create a chat group, chat, socialize, vote while live voting results.
【Everyone Internet Celebrity】Create exquisite micro wishes with depth, thought and connotation, and you will be the next Internet celebrity.
[Massive gallery] Massive gallery for you to use, search for your favorite pictures, and create your own personalized wish.
【Dream Fun Stickers】Massive stickers for you to choose, adding stickers to make a wish is more fun.
[Kinemao] is a mobile application APP based on blockchain technology that runs on a mobile phone platform. Minemao insists on "returning personal data to individuals", and builds a platform that is beneficial to brands and users through the blockchain platform And a communication community for brand analysts.
[Brand Community] Minemao contains most of the popular brands in the market, providing users with a place for brand fans to gather and communicate, and Minemao brand index provides users with purchasing references.
[Data Value] Minemao will store the user's data on the blockchain. Users have the ownership of their own data and can package and authorize the data to the platform or brand to obtain benefits.
【Brand portrait】Brands can obtain massive real data stored on the blockchain through user data authorization. After big data processing, they can know brand reputation and user portraits.
[Questionnaire Survey] Brands can initiate user reward surveys, new product news and maintain their own brand communities on Minemao.
【Index ranking】Professional brand index, check the brand ranking, and quickly understand the value and influence of the brand.

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