-At the moment, in the digital world, people get only a part of a large amount of data!Any object cannot convey a complete set of valuable data,which makes it difficult to fully understand the picture.Thus, the participants of the digital world can not see the real and complete picture of it,and therefore are partially blind in understanding this!Therefore, employees must share data or participate in collaborative calculations in which value, information, and assets are traded. Traditionally, unreliable employees tend to use a “ trusted third party” to collect data and verify its accuracy.However, when using third parties there is a problem with privacy and scalability!The advancement in modern cryptography, especially fueled by therecent rise of blockchain, proposed a new collaborative computing model,many have called it “trustless computing”, meaning the integrity of thecomputing results can be verified without reliance on a third party.
PlatON is a future-oriented infrastructure for privacy computation and distributed economies built on blockchain and cryptographic technologies.The main objective and the final result of the PlatON platform is to create a viable market for data and computing power!How can this be achieved?
In the picture below you can see the Platon project system!
The PlatON platform offers its users a lightweight manufacturing and use of data the protection of the rights of ownership of data and privacy .This means that the whole process is under full protection,and raw data can not be obtained by the other party-this shows a high level of confidentiality!The result agrees with the computation in the plaintext,which gives the system a correct and error-free.
I think it helps to show you the system of work of the project and a bit of explaining its benefits!
1)I, as a user, deploy and release a Meta Smart Contract that contains algorithm parameters, computational function, and economic incentives.It is convenient and safe!
2)Then I call the smart contract and send transactions.
3)Next,as you can see in the diagram above,Complex calculations are broken down into sub-tasks in circuit form and distributed to multiple computing nodes.
4)At this stage, Computing nodes execute computing and generate the proof.
5)Computing nodes commit computation results and the proof.
6)Next comes the following-On-chain nodes broadcast computing results and the proof.
7)The next step in this complex system: Block producers verify the proof.
8)And the final step is-Verified computation results are returned to the user via smart contract.
Also worth adding:Economic rewards are executed on-chain according to the Value of Computing Contribution.
I hope this you a little bit figured out and I explained clear to you,move on!
Next, we analyze the full scheme,which is also the basis of the project PlatON-Decouple Computation from Consensus-With A strategy of on-chain consensus and off-chain computing which can be upgraded respectfully!
1)Meta Smart Contracts can be divided into 2 components:
a) Contain IO logic:allows acquire on-chain data
b) Computation function:compiled into Boolean Circuits to be executed off-chain.
2)Computation Task it can also be split into multiple subcircuits and then sent to randomly selected compute nodes that will run in parallel.
3)Computing Channel serve as a computation state machine tracking the state of the computation tasks, and a deterministic program issuing reward or punishment.
I told you only about a few components,if you delve into it-it will take a long time to study and write,and not everyone will understand,so I advise you to go and get acquainted with all the details of the PlatON project with their Whitepaper,well, if you do not want to understand much you can read Bluepaper-there are painted the main points in an understandable form!
Consider the basic solutions to the problems the company PlatON for the blockchain:
1.Provide blockchain infrastructure and built-in services for distributed commerce.
2.Offer alternative consensus mechanisms to meet the needs of different business scenarios
3.Provide cryptographic-based privacy preserving computation to support secure data exchange
It is also worth saying that the PlatON project has an excellent team that is able to fulfill any goals,they set goals-and they are performed in accordance with the project roadmap-this is a factor of reliability and hard work of the project team!
PlatON cooperates with Wanxiang Blockchain Labs and AITOS:with the first in the direction of to develop a next-generation consortium chain for enterprise-level applications And with AITOS products comprehensive BoT ( Blockchain of Things ) products and solutions, enabling AIoT cellular devices to release the value of applications and data.Work is also underway to improve projects such as IRISnet,RealID,HashQuark,Keystore using the PlatON platform and the use of MPC service.
I think you’ve figured out a bit about this complex platform-you can find out more on the official PlatON resources:
Website: https://www.platon.network
Whitepaper:https://www.platon.network/static/pdf/en/PlatON_A_High-Efficiency_Trustless_Computing_Network_Whitepaper_EN.pdf
Bluepaper:https://www.platon.network/static/pdf/en/PlatON_Blue_Paper_on_Economics_EN.pdf
Telegram: https://t.me/PlatONHK
Facebook: https://www.facebook.com/PlatONNetwork
Twitter: https://twitter.com/PlatON_Network
Author:Bounty0x username:petrik41
A sponsored article written for a bounty reward.