Security: Raindrop Protocol prevents issues such as dual payment and 51% attacks, and has the ability to protect the network from attacks and malicious behavior while ensuring decentralization and distribution.
Scalability: As the number of system users and transaction volume increases, the Raindrop Protocol can support higher throughput and more participants, without compromising security during the expansion process.
Fairness: Raindrop Protocol adopts discrete random numbers to ensure that every participant has an equal chance of receiving rewards and encourages nodes to comply with rules.
Verifiability: Anyone can use verifiable random numbers to verify whether a new block is legal and whether the transactions within it are valid.
Economic efficiency: Raindrop Protocol does not require a large amount of computing power to calculate. Due to the low energy consumption of nodes, it saves more energy and resources. This can improve the economic efficiency of the entire system, allowing more nodes to participate in the system and receive corresponding rewards.
Algorithm & Security
In order to protect the security of assets on the chain, Transformers has adopted algorithms and security mechanisms that are currently widely used and tested through extensive practice. It mainly includes two aspects: the ED25519 elliptic curve signature algorithm and the Verifiable Random Function (VRF).
ED25519 elliptic curve has been widely recognized for its security from both mathematical and practical perspectives.It also has extremely fast generation and verification speeds, and improves the verification speed of transactions while ensuring security. For more information about ED25519 elliptic curve, please refer to relevant literature:http://ed25519.cr.yp.to/
Transformers chain uses a large number of random number algorithms to ensure its fairness in the transaction process. However, ordinary random number algorithms cannot prevent the malicious behavior generated by modifying the source code. So the transformers chain introduces VRF to verify the randomness of the results. The related principles can also be found in relevant documents.
That's all for now, stay tunned
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