BlackPearl.Chain is pushing decentralization into the future with a third-generation public blockchain. It’s network achieves blazing transaction speeds (Millions TPS) using Sharding and a VRF lightning-fast consensus mechanism built in-house. Finality is achieved in under three seconds with revolutionary P2P, Its speed and security make it the perfect platform for applications like digital asset trading, social media messaging, payment processing, supply chain tracking, and other high-scale use cases.
Blockchain is digital currency era
On October 31, 2008, Bitcoin founder Nakamoto Satoshi published a paper in the cryptography mail group – “Bitcoin: A peer-to-peer electronic cash system, and blockchain technology is the core foundation that supports bitcoin operations. Bitcoin does not require any third-party trust intermediary to operate safely for a decade, demonstrating that blockchain-based technology can establish trust between two unfamiliar individuals in a peer-to-peer manner and securely trade. Decentralized machine trust has withstood the test of time and hacking.
Performance chain is low
The performance of the mainstream public chain is low. The TPS of Bitcoin can only reach 7 at the highest. The TPS of Ethereum can only achieve 10−20. The transaction is severely blocked and cannot meet the needs of commercial landing. The cost is high, the cost of a transaction usually exceeds the profit ceiling of most industries, limit the application to various industries, the value of the blockchain can not be realized. The confirmation of a transaction is slow and does not provide immediate service and a good user experience.
Fully scalable with intelligent sharding
It has innovative three-layer sharding design, completely solves trust between shards. It also provides asynchronous sharding consensus, intershards communication. The ai capable loading balance algorithm of data collection and distribution can automatically complete sharding and merging.The performance of the public chain can infinitely improved by this breakthrough, enable BlackPearl.Chain’s performance to exceed the performance of the centralized server.
Improved network performance
Super-routed P2P broadcasts enable current home broadband to achieve up to several thousand single-Shard TPS. (At current broadband conditions, the measured TPS peak is 5730) By innovating on both the protocol and network layers, BlackPearl.Chain provides the world with scalable and secure blockchain system that is able to support the emerging decentralized economy. BlackPearl.Chain will enable applications which were not previously feasible on blockchain, including high-volume decentralized exchanges.
Balanced value transfer
The era of the Internet has changed the way and the rationale of information transmission. People use the Internet technology to transfer information conveniently and at low cost. Internet has enabled the exponential level improvement of efficiency and costs reduction, and people have gained unprecedental new product experiences and services. However, the concept of information transfer and value transfer is different. The Internet network does not have the peer-to-peer value transfer function.
The network sharding mechanism completes transaction pool synchronization, consensus, and block producing within the shard, and the parallel computing is performed on multiple shards. The performance of parallel computing increases with the number of participating nodes. The network sharding divides the entire miner network into four types of nodes, namely the collector node, the shard node, the distribution center and the super storage node described above.
Each block is made up of multiple transactions. Let’s first look at which fields a transaction contains. The trading account uses Ethereum’s account system instead of Bitcoin’s UTXO (Unspent Transaction Output). A transfers money to B. The most basic fields are A’s account number, B’s account number, and the amount of money transferred. Bitcoin uses UTXO to solve the doubleflower problem, and each unspent output can only be referenced once. Similar to the Ethereum account system.
Jack Liu CTO/COFOUNDER
Sarah (Ping) Li CEO/COFOUNDER
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