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TV will upgrade the main network mapping. After the upgrade, the total amount of tokens will be 586.4 million, the token mapping ratio will be 1:1, and the daily output will be reduced from 74W to 4W.
This upgrade is mainly to solve the phenomenon of centralization of rights. The voting enthusiasm of token holders is not high, which will become "weak center"/"partial decentralization"; and the virtual machine is optimized. This optimization is mainly for EVM and TVM compatible.
Ti Blockchain will build a reliable business ecosystem for investors, companies and regulators. Investors can view financial documents such as balance sheets, profit and loss statements, and cash flow analysis on the titanium chain; companies can use the titanium chain to publish company documents, such as: white papers, budgets, code development, management structures, financial statements, etc. Published on the titanium chain for interested investors to check. In future versions of the titanium chain, documents can be checked and reviewed by smart contracts.
Titanium value (TV) is the token used by the titanium chain. Similar to Ethereum, TV exists as the fuel for the operation of smart contracts on the titanium chain network, and TV needs to be consumed to execute contracts.
Titanium Chain hopes to solve one of the core problems in the development of the current blockchain industry from the perspective of consensus algorithm innovation and distributed database cloud platform: large-scale scalability.
Titanium chain adopts the latest SPoS consensus mechanism, which is built on the basis of super nodes. After the main chain is expanded, it can support thousands of TPS. It is a high-performance, stable and secure blockchain bottom layer, and a new generation of blockchain self-governance structure.
Titanium chain has the ability to support blockchain data usage scenarios such as high concurrency and efficient indexing in distributed storage, and can support large-scale decentralized applications for society, enterprises, and individuals in the future.
The core of the SPoS mechanism adopted by the titanium chain is based on the cold minting technology. The super node is used as the minting pool in the minting economy, and the coin is minted by obtaining the coin lease right of the coin holder to generate blocks to obtain rewards. Different from consensus mechanisms such as Pow, Pos, and DPos, the super nodes of SPos can be completely decentralized, and at the same time, the symbiotic coexistence between super nodes and currency holders forms a benign ecology.
Each super node generates blocks sequentially in a predetermined order, thus ensuring the efficiency of block generation and the stability of block generation time. At the same time, it can improve the sense of participation of the titanium chain community and the decentralization of deployment nodes.
Users who hold TV coins rent their own TV coins to super nodes through the leasing function in the wallet (the TV coins are still in the holder’s wallet at this time, but in a locked state), and the super nodes serve as the minting pool , use the leased TV coins to start minting coins, generate blocks to obtain rewards, and then distribute the obtained rewards according to the amount of coins leased by the coin holders and the proportion of lease time.
Based on this, Titanium Chain also provides a cold wallet and a hot wallet for the storage and leasing of TV coins. Wallet functions include basic sending and receiving, leasing and canceling leasing, and also supports multi-address accounts, and can monitor cold wallets and use cold wallets for transactions.
Technical features of titanium chain: data storage, consensus mechanism, multi-signature, contract and virtual machine.
Basic application of titanium chain: Distributed storage is not only the basic function of titanium chain, but also its core application. The distributed storage of the titanium chain adopts the IPFS (Interplanetary File System) protocol.
The titanium value commodity traceability project is an application landing project built on the titanium chain blockchain. This project truly realizes the application of blockchain technology by combining blockchain technology with traditional physical industries. At the same time, it solves the current social phenomena such as counterfeiting and forgery. Through the traceability, non-forgery and tampering of the blockchain, it truly achieves product traceability, early warning of fleeing goods, and convenient anti-counterfeiting, etc., helping merchants and users maintain personal The image and interests of the blockchain have achieved the purpose of combining blockchain technology with the real economy.
The main feature of the titanium chain is the encrypted distributed storage with smart contracts developed based on graphene technology. Smart contracts can control the encryption level of stored files, which can well protect user privacy in commercial applications. Distributed storage is called a hard disk that never disappears. While effectively utilizing idle hard disk space, it achieves the purpose of safe storage through reasonable redundancy design. The development of the titanium chain will continue around encrypted distributed storage, and more commercial projects will be launched at the same time.
The main feature of the titanium chain is the encrypted distributed storage with smart contracts developed based on graphene technology. Smart contracts can control the encryption level of stored files, which can well protect user privacy in commercial applications. Distributed storage is called a hard disk that never disappears. While effectively utilizing idle hard disk space, it achieves the purpose of safe storage through reasonable redundancy design. The development of the titanium chain will continue around encrypted distributed storage, and more commercial projects will be launched at the same time.
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