It's been a decade since the invention of the first cryptocurrency and a lot of improvements and innovations has been introduced. Bitcoin, the first peer to peer decentralized system, operates on the blockchain system. The blockchain technology is the driving force for decentralization, security, and transparency in cryptocurrencies. From blockchain 1.0 to blockchain 4.0, which utilizes the hash rate consensus algorithm, cryptocurrencies have definitely improved. However, despite these improvements, the crypto world is still plagued by several problems that hinder their widespread adoption in many industries. These problems range from low transaction speed to traffic congestions to high liquidity to low applicability to frequent success hacking to poor anonymity measures.
What is Intervalue
To correct these defects, Intervalue cryptocurrency is designed on the blockchain 4.0. This cryptocurrency will provide solutions to creating global-value internet and various decentralized apps. As an infrastructure of Blockchain 4.0, this platform comes with various features such as easy to use interface, increased scalability, and DAG enhanced capabilities. In addition to this, Intervalue boasts of features such as the innovative signature algorithm, P2P protocol, and anti-quantum algorithm. Intervalue cryptocurrency uses transparent distribution mechanism to supported third-party mechanism asset distribution band multi-chain functions such as permissioned chain and consortium chain.
Vital Features of Intervalue
Data structure
The storage capacity of nodes plays an important role in the efficiency and security of data. Therefore, a new data structure called HashNet which is derived from DAG is introduced to reduce the storage space required by nodes, and this, in turn, improves their efficiency and security of the system.
Peer to Peer Network
Intervalue'a peer to peer network boasts of optimum security and the advantages of the blockchain decentralized network. With a Tor-based-based anonymity, this platform also consists of an encrypted communication protocol which makes it hard to hack mode address and to decipher communication protocol.
Consensus algorithm
Consensus algorithms have always defined different cryptocurrencies, from Bitcoin's Proof of work to Ethereum's Proof of Stake. However, Intervalue's Blockchain 4.0 consensus algorithm consists of an efficient and secure bi-layer consensus system; HashNet consensus and BA-VRF consensus. This consensus algorithm supports high transaction concurrency and fast confirmation.
Anti-quantum attack
Intervalue has designed new anti-quantum algorithms that will surpass the previous AGAin series algorithm. Furthermore, the keccak-512 hash algorithm replaces the previous ECDSA signature algorithm. With these new algorithms, quantum computing operations are safe from threats.
Anonymity
Cryptocurrencies such as Monero and Zcash are popular for their strong anonymity features, and Intervalue has incorporated the very same features that give the aforementioned cryptocurrency their anonymity. Features such as ring signature, one-time key, and zero-knowledge proof, are integrated into this infrastructure.
Smart contract
For blockchain 4.0, Intervalue designed Moses Virtual Machine which enables the smooth operation of both advanced and Turin and non-Turin complete programs. These programs are programmed in Moses language. This enables them to access off-blockchain data in an efficient and safe form.
Conclusion
Intervalue does not only integrate the pros of Blockchain 3.0 but also highlights the benefits of Byteball and IOTA
for more information visit
https://www.inve.one/
https://t.me/joinchat/HFJWYxCcv_bhLzTrdfzmGQ
https://www.inve.one/#whitepaper
https://twitter.com/intervaluepro