Direct hit on blockchain painpoints - blockchain application scalization
First BTC, then ETH, EOS, and now comes EcoBall as a blockchain benchmark project. The news of EcoBall (ABA) going to be listed on HitBTC has been read 100,000 times in less than 24 hours after www.jinse.com reported it and it quickly became a hot topic in the blockchain community.
EcoBall (ABA) is a new generation of blockchain operating system to build a credible and smart value interconnection system for human society. EcoBall (ABA) will be the first blockchain technology platform that can realize one-click chain generation (public chain, private chain, alliance chain).
Its uniqueness is openness, versatility and compatibility, which can effectively solve the painpoints of the blockchain industry - the vision of scalization of application implementation. EcoBall (ABA) reminds people of the windows system. From the early DOS system, there was only the command line, and it was impossible to popularize it among beginners. Then there was the battle between windows and macos graphics operating system. Finally, Windows won the competition with the compatible ecosystem, taking 80% market share of desktop operating systems.
Value support for the EcoBall (ABA) project
- High-throughput implementation strategy - ecological consensus + domain sharding technology
Unlike the Bitcoin POW Consensus, EcoBall (ABA) adopts an ecological consensus of multiple consensus (DPOS+TPOS+VBFT), which can be used to verify the resistance against malicious nodes using appropriate consensus + random node BFT at different stages of the process.
EcoBall (ABA) enables unique sub-domain sharding technology (network, transaction, state), the network has a myriad of logical subnets, and can be executed in parallel between partitions. At the same time, the number of sub-domain sharding can be dynamically adjusted according to the load of each sub-domain sharding to achieve flexible expansion and contract.
Let's look at a set of TPS data, BTC is 7/S, ETH is 30/S, EOS is 3000/S, and EcoBall (ABA)'s TPS will increase with the number of sub-domains, and truly reach the unlimited space of millions of TPS. . - Meet business application strategy - multi-chain parallel mechanism
Multiple main chains and side chains are parallel, which can meet the diversified business needs of various industries. By setting the function main chain (transaction main chain, account management chain, and ledger chain), each main chain function is independent and can share information, maximizing the throughput and output speed of each chain. The transaction record of the main chain can lead the side chain as needed, and the growth rule of each side chain conforms to the blockchain rule; the information contained in the side chain is attached to the main chain transaction record of the outgoing side chain, so that the use range of the side chain is limited to Limited range so that each side chain can operate in parallel. In this way, the load on the main chain can be reduced, and the throughput of the entire blockchain system can be improved. - High data storage strategy - decentralized distributed storage
The current ledger data and smart contract data in the blockchain system such as BTC, ETH, EOS, etc. are stored in the supernode, and the single point storage capacity is very limited. Bitcoin's transaction speed is low. Now the block data is G in hundreds. Imagine how much the blockchain storage capacity of a million TPS is.
EcoBall (ABA) integrates a high-availability decentralized distributed storage system.
EcoBall uses distributed storage, and storage network nodes Stored on different servers are not limited. , miners provide storage space and retrieval services in exchange for node rewards. Therefore, distributed storage can be realized and the storage capacity of the operating system can be improved. Perhaps the best way to achieve a million TPS. - Breaking blockchain barriers - flexible cross-chain
EcoBall (ABA) also designed a flexible cross-chain mechanism that links information from different chains within the EcoBall (ABA) operating system, while also connecting to different operating systems for easy transfer of information and digital assets, as well as stakeholder management. This breaks the barrier between different blockchains and realizes the diversified management of users' digital assets. It is a blockchain ecosystem that can be truly commercialized.
The strategy of achieving application implementation scalization
- Freemium strategy
EcoBall (ABA) does not aim at mining, and adopts a strategy of free use of mortgage ABA. EcoBall (ABA) block packaging is no longer the main target of mining, avoiding a large amount of resource consumption by miners, and nodes which making computational, storage, and network contributions will get incentives through ecological consensus. In theory, any commercial enterprises can easily carry out its own business opeartion based on EcoBall (ABA), implementing a win-win strategy, and building a new blockchain business ecosystem. - Smart one-click chain generation
EcoBall (ABA)'s one-click generation of business chain flexibly meets the needs of different industries and realizes low-cost implementation of blockchain technology. The multi-mode ledger structure, business model and editable smart contract templates are provided to help customers quickly build applications. - High-speed research and development process
The EcoBall (ABA) has been reported by many industry media for its listing on HitBTC trading platform, which is only by then it is known to the public. Those who have the sharp eyes notice that the R&D personnel of the team account for more than 85% of the staff, and 15 patents for blockchain technology inventions and 27 copyrights for blockchain software have been filed. The development work progress is progrssing according to the roadmap. Everyone praised it as a blockchain speed in true sense.
Bitcoin lets people know what virtual currency is and a common ledger based on a provable agreement. Ethereum has created a “smart contract” and EOS has not yet matured. Now EcoBall (ABA) will really push the blockchain application scalization.
Blockchain technology is considered to be the most disruptive technological revolution after the Internet. Can it really set off the fourth industrial revolution in human history as predicted by industry insiders? But no matter what future holds,the launching of the blockchain project like the EcoBall (ABA) give us great expectations amid bear market in token market .