Synereo model balances the individual and collective will with a combination of attention-based currency that can used to enforce individual will, AMPs and attention-based measure of the collective will, Reo. AMPs are blockchain based tokens that can be used to amplify the reach of a specific piece of content, while Reo automatically manages the importance of the content according to the behavior and reputation of the users.
|Total raised||4,700,000 USD|
|Token for sale||=====|
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|Website||Click Here For Visit ICO Homepage|
Like all “layer cake” views of architecture, this diagram is a simplification of the actual architecture. At first glance, you’ll notice there are components expected in blockchain architectures, but also components that might not be as expected All data managed by the platform requires some associated payment. Of course, an application could also manage its own data, and that data could be referenced via a pointer stored on the blockchain. In addition to the datastore at the base of the architecture, a consensus protocol and peer-to-peer gossip network form the foundation.
Building quality software is challenging. It is easier to hand-craft clever software; however, the resulting software is often of poor quality, riddled with bugs, difficult to maintain, and difficult to evolve. Inheriting and working on such software can be hellish for development teams. Some project leaders are perfectly fine with this approach and even define“optimal” project success as one that minimally solves requirements and that believe doing more is a waste. Reject that methodology and minimal-success mindset when building a system as important as a public computing utility which will serve as the basis for currencies.
Like Ethereum, the RChain blockchain will store contracts and their serialized state. UTXO-style transactions will be implemented with simpler system-level contracts. Like Bitcoin and Ethereum, tamper-proof blockchain semantics will be used to create a history of blocks.The blockchain’s main purpose is to efficiently store essential state, any necessary sequencing, and timestamping. The simple economic reason justifying leasing is that storage must be paid by someone or it cannot maintained. chosen to make the economic mechanism direct.
An RChain contract is a well-specified and well-behaved program that interacts with others. Contract interaction with clients or other contracts is via transactions. When the contract at a given state needs to be evaluated, it is read from the blockchain and deserialized into RhoVM intermediate representation (IR) of the contract with its state parameters. This is via a delimited continuation pattern. The RhoVM IR is compiled into another VM format that is then executed. After the contract is run to its next transaction state, the resulting state is serialized and again stored on the blockchain.
A platform supporting a global, decentralized compute utility that supports a wide variety of applications must scale, and concurrency is essential to achieve that. Transactions that do not interact must be able to complete at same time, because to enforce a sequencing constraint forces all nodes to process all transactions. Such a sequencing constraint is essentially what causes blockchains in their current form to be fundamentally unscalable. When we say “concurrency”, not just talking about multi-threaded implementation of functions, but handling of non-blocking I/O and concurrent processes within and across nodes.
An advanced discovery feature that will ultimately be implemented enables searching for compatible contracts and assembling a new composite contract from of other contracts. With the formal verification techniques, the author of the new contract can be guaranteed that when working contracts are plugged together they will also work together. The Casper consensus protocol includes stake-based bonding, unbonding, and betting cycles that result in consensus. The purpose of a decentralized consensus protocol is to assure consistency of blockchains or partial blockchains (based on shards), across multiple nodes.
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