DxChain is a block-chain network. But it is quite different from normal block chain. It has advanced algorithms that deliver best results with less resource utility. Moreover, the block-chain technology is taking over the world at a very faster rate. Due to the advanced features that DxChain has to offer, it has become more popular in the block-chain world.
DxChain has a well-built data model. The data model of DxChain has a master chain and two side chains. The two side chains are Data Side Chain (DSC) and Computing Side Chain (CSC). The master chain is similar to that of Bitcoin and Ethereum. It stores the information such as transactions, states, receipts and smart contracts. It is good for storing small pieces of information since it is immutable. The Data Side Chain is built upon a P2P distributed file storage system and stores the non-asset information. The computing side chain is unlike the hash mining in Bitcoin. It is designed for useful work to solve real business problems and supports specific computing tasks on DxChain Virtual Machine (DVM).
The next feature that makes the DxChain popular is its consensus protocol. This protocol has two different philosophies to design the validation process: the verification game and Provable Data Computation. Verification Game delivers great advantages over traditional Etherum smart contacts by reducing the total number of redundant network node computations. It is just like an RPG. The core roles are Challenger, Solver and Judges. A Solver offers a solution to a given task. A Challenger is the opponent to Solver who challenges the solution given by the Solver. The Judges always give a correct computation. In Provable Data Computation, Due to the non-existence of a single mechanism to prove the correctness of a computation, the DxChain team, proposes a statistical approach. There are three steps, problem setting, solution and proof.
Another useful situation that DxChain creates is: it reduces monopolized use of user data by big companies like Google and Facebook. Without DxChain, only big companies like Facebook and Google can access user data they have collected through their apps. With DxChain, the users get the ability to sell their data for some economic returns. In this way, the DxChain network can serve as a data trade center for the users willing to sell their data.
DxChain facilitates automated data sample collection and AI model training. DxChain Network, a decentralized big data and machine learning block-chain, could potentially let the AI vendors benefit in many ways. The ecosystem developer could potentially leverage on the DxChain Network to build its own machine learning Dapp. Furthermore, DxChain helps in the growth of smart cities. Not to mention, the number of smart cities will rise exponentially within few years. Therefore, the utility traffic of DxChain will also increase exponentially due to increase in the requirement of artificial intelligence and machine learning computing. This is why DxChain’s popularity will continue to grow with the passage of time. All these advantages make DxChain the hottest project this year.
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