Bachelor's Degree.Public Accounting / MSc.Science of Higher Education.
Author:@dgalan, through Power Point 2010, using official images from the waykichain portal.
Greetings dear friends of this important and prestigious platform, as I told you in my previous post, WaykiChain technology Ltd, is an organization in the cryptocurrency universe that has made a great leap in the Blockchain world positioning itself among one of the best in the Blockchain ecosystem today. In this publication we will address a little about their applied technologies.
We can say that their Blockchain + technology will be very similar to the Internet, and will use the same language that China's leading Internet think tanks use, which means that they will be able to use blockchain technology to improve and upgrade application domains that may exist with the adoption and convenience of blockchain's unique capabilities to create new value.
WaykiChain (WICC) will use DPoS+pBFT consensus algorithms to balance overall performance and consensus effectiveness, which will also serve as a guide for all nodes. It will establish a total of 11 supernodes per vote, and will be able to generate new block every 3 seconds. It is worth mentioning that stress tests were executed with its latest version of the main network, it was evidenced that the negotiation capacity reaches an average of 3300+ TPS and peaks at 7800+ TPS.
WaykiChain provides state-of-the-art dual-engine smart contract technology, which implements the full Turing computing capability: LuaVM + WASM VM, at the lower layer. Lua is a lightweight and compact scripting language that enables DAPP developers to develop smart contracts quickly. WASM VM is a powerful and highly efficient virtual machine that supports multiple scripting languages, allowing developers to implement advanced features in DApps.
WaykiChain will support heterogeneous cross-chain and decentralized atomic technology plus will be able to support multiple isomorphic sub-chains of the core technology in the WaykiChain ecosystem. They will have industry-targeted applications, they will also have separate sub-chains built on top of WaykiChain. Application data will be autonomous and parallel to each other. Protocols will be able to be defined in the sidechains' applications, as well as their assets, consensus algorithms, and block intervals.
WICC is on its way to be one of the big players in the blockchain world, its technological advances prove it, bringing many benefits to the digital market enthusiasts. In my next posts we will be covering more about WaykiChain's technology.
I hope you like my article and I would appreciate all your comments.
