Ambr - Directed Acyclic Graph (DAG) based smart contract platform with infinite augmentability - Summary
Ambr is an asynchronous cross-chain platform that supports smart contracts. The platform ensures security while providing a high degree of flexibility, scalability, and asynchronous concurrency in real time. Unlike most other platforms, the Directed Acyclic Graph (DAG) data structure is used, instead of a blockchain, and along with the Casper protocol make up the basis of Ambr. Each account here has a private chain and verification chains are used to confirm transactions between numerous account chains without affecting overall performance. And upon the completion of the Casper consensus, transaction fees are distributed accordingly. This approach grants Ambr powerful data processing capabilities and guarantees security.
Ambr's virtual machine (AVM) is partially compatible with some EVM features and is based on the ETH smart contract but improved to be more efficient and practical. AVM solves the problem of consistency within the DAG platform to enable the usage of smart contracts. Ambr's account chains and relay chains work together to conduct secure and fast transactions with other currencies. This cross-chain technology enables not only cross-link transfers, but also allows tranfering of multi-currency within the chain.
In addition, the decoupling protocol allows Ambr to have unlimited transaction processing capabilities. Unlike the Lightning Network and normal status channels, the observer role is introduced to punish the malicious to ensure the interests of both parties in high-frequency secondary delinking transactions.
#ambr #vocabulary #bitcoin #cryptocurrency #ethereum #DAG
馃敟Our Social Media Channels馃敟
Twitter:
https://twitter.com/AmbrGlobal
Facebook:
https://www.facebook.com/Ambr.Global.Blockchain
GitHub:
https://github.com/Ambr-org/Ambr
SteemIT:
https://steemit.com/@ambr.global
Bitcointalk ANN:
https://bitcointalk.org/index.php?topic=5080890
Reddit:
https://www.reddit.com/user/AmbrGlobal
Instagram:
https://www.instagram.com/ambr.global
Medium:
https://medium.com/@ambr.global
Telegram:
https://t.me/AmbrGlobal2
Telegram Developers Community:
https://t.me/AmbrGlobal (only for developers)