TECHNOLOGY AND ARCHITECTURE OF THE NODES BEHIND WAYKICHAIN

in LeoFinance3 years ago

Author: @madridbg, through Power Point 2010, using official images from the waykichain portal.

Welcome dear users of this prestigious platform, continuing with the journey behind the WaykiChain project, it is time to focus our attention on the technological process as well as the node architecture that allows to obtain a solid and profitable structure for the project.

According to the IT and multidisciplinary team with which this dynamic project counts, there is only one node program, which is available through WaykiChain's GitHub repository, this sufisticated process allows to fulfill several types of functions, among which stand out:

1. A verification and block generation process through the project's core nodes or accounting nodes, the same has 11 core nodes deployed throughout the WaykiChain project.

2. The data synchronization process is carried out through the common nodes, which allow managing the private keys and establishing the address of the wallets, as well as the interrelations with the central node.

According to the interaction in votes that some of the common nodes obtain, they can become a central node and assume greater responsibilities within the WaykiChain project. So that the technical characteristics and the great advantages of the project, we can see them reflected at the level of the following aspects:

Fig. 2. Articulated chain behind the waykichain project. Author: Gerd Altmann

1. In the first instance it has a stablecoin and DEX based on the lower layer of the public chain.

2. It has the ability to support different types of assets, including collateral and underlying assets, mapping assets, user-generated assets, as well as smart assets, where the integration between these generate a robust structure in terms of settlement , with the ability to scale according to user requirements.

3. The processing capacity is supported by the DPoS + pBFT mechanism, which can support more than 3300 transactions per second, which allows it to compete with large public chain sector.

4. The security issue is supported by a dual virtual machine smart contract execution engine called Lua + WASM, which is in charge of the efficiency, development, language, as well as the security of the process.

5. To obtain better performance, a cross between decentralized atomic chains is generated, which generates a transparent and verifiable process at any time of the different transactions that are executed.

Fig. 3. WaykiChain Market Architecture. Author: waykichain

Undoubtedly, the processes developed behind the WaykiChain project are great and as we move forward and get to know the mechanism of operation of these, we can infer the great scope and projections that it has in the short, medium and long term.

BIBLIOGRAPHY CONSULTED


[1] WICC WaykiChain White Paper Article: Online Access


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The design of the portal was made by @madridbg, using public domain images

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