Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Messages - BitCherry

Pages: [1]

Blockchain Technology / TECH TALK-Behind the Amazon server downtime: how does blockchain technology IPv8

« on: December 17, 2020, 07:46:19 AM »

Behind the Amazon server downtime: how does blockchain technology IPv8 protect data from leaks.
Nov 26, 2020, According to AWS, the outage only affected one of Amazon’s 23 geographic AWS regions. Still, the problem has been severe enough to affect many Internet companies’ services.

Many companies tweeted about how the AWS outage affected them.

Including 1Password, Acorns, Adobe Spark, Anchor, Autodesk, Capital Gazette, Coinbase, DataCamp, Getaround, Glassdoor, Flick, iRobot, The Philadelphia Inquirer, Pocket, RadioLab, Roku, RSS Podcast, Tampa Bay Times, Vonage, The Washington Post, and New York Public Radio (WNYC). Downdetector.com, a website specializing in monitoring network conditions, also shows that many users throughout the day have reported that many Amazon services have problems.

It is worth mentioning that on the eve of “Black Friday” in North America, AWS downtime may affect Amazon’s e-commerce business. Some sellers said that their order data on Amazon suddenly dropped sharply, and even advertising costs were abnormal.

With the advent of the digital age, the generation and storage of massive amounts of data have prompted technology giants in various industries to develop and deploy their centralized cloud servers gradually. Although it has solved the storage and calculation of data to a certain extent, the drawbacks of centralized cloud servers have been criticized.

Companies such as Google, Facebook, Sony, etc., control massive amounts of user data. Even their business models revolve around profiting from user data stored on their centralized cloud servers. In the event of a downtime event, enterprises and ordinary users have to bear the resulting losses and face the risk of data leakage.

BitCherry’s future is to provide high-performance, secure enterprise technical support blockchain.

BitCherry is the world’s first technology-based services to IPv8 distributed business expansion can provide blockchain infrastructure, with efficient performance, data security, governance, consensus three characteristics. Building a ‘P2Plus’ Encryption Protocol with new thinking of innovative physical layer, BitCherry is a general blockchain infrastructure that meets commerce’s demand. BitCherry provides the operational mechanism such as smart contract & cross-chain consensus to achieve highly scalable data architecture by the hash map, which is improved by the relationship atlas. This blockchain infrastructure dramatically reduces development costs, provides a high-performance, high-secure, and high-available underlying public chain support for distributed commerce on the chain.

Compared with the downtime of a centralized server that will cause the paralysis of large-scale Internet applications and information leakage, the rest of the individual cloud servers in the decentralized cloud server system will not affect the user experience at all, let alone cause data leakage and other problems. At the same time, decentralized cloud servers also have the characteristics of low cost, fast response speed, and too high information security.

BitCherry IPv8 use as the primary technique, coupled with the chain and cross-binding fragment technology, improves the transmission speed while building a network protocol P2Plus end encryption high performance, high safety, high availability support blockchains.

*Original News From BitCherry*

News related to Crypto / ✅PBWS | BitCherry founder Paul: innovative Blockchain finance industry will refo

« on: December 11, 2020, 10:43:19 AM »

✅PBWS | BitCherry founder Paul: innovative Blockchain finance industry will reform the global financial system

10th December 2020, BitCherry was invited to attend PBWS 2020 as a sponsor. As the best European blockchain conference, Paris Blockchain Week Summit brought together 1,70+ entrepreneurs, investors, and media worldwide to talk about blockchain and cryptocurrency to make France the first G20 country to create a business-friendly environment for our rapidly growing ecosystem. BitCherry founder and CEO Paul have joined the panel discussion as a special guest. The conference’s guests have discussed the blockchain industry's rapid development from four aspects: technology construction, available finance, enterprise blockchain, and legal compliance.

In the panel discussion, BitCherry founder Paul has expressed his perspective about The ease of use of blockchain technology in business. He said: ‘blockchain its finance property in nature provides an opportunity of new business model, blockchain in finance contains two aspects: blockchain digitization of traditional enterprises and innovative financial products based on digital asset investment. With the large-scale deployment of blockchain in traditional enterprises and the popularization of blockchain-based digital asset financial applications, commercial use of blockchain technology has become an important issue that restricts traditional enterprises' transformation. As a technology pioneer in the industry, BitCherry will provide business-friendly and easy to use blockchain infrastructure to support different business scenarios and customized blockchain applications and provides a complete commercial blockchain solution, our test network will be launched soon, and the launch of the test net will also accelerate this process.’

When it comes to BitCherry’s compliance issues, Paul said: “The issue of financial compliance block chain also includes two aspects: First, the original financial business already has compliance process requirements, how to achieve the original compliance process requirements after using blockchain solution; Second, based on digital asset investment, such as the compliance issues of DeFi, many countries currently still lack complete blockchain financial supervision Framework. Currently, blockchain finance is subject to different countries' financial supervision laws and is mainly used as a supplement or extension to a traditional model. However, according to the current development trend, financial supervision regulations will not be immutable. More and more countries are aware of the importance of blockchain finance. With the development of blockchain technology, blockchain in finance will surely transform the global financial system in the future, and countries should build a reasonable regulatory framework and improve blockchain finance as soon as possible.”

Blockchain is an important technology that has the potential to contribute to global enterprises and the economy. The French government has always maintained an active attitude toward promoting the development of blockchain technology. It has established an attractive legal framework for the issuance of token and digital asset service providers and plans to develop innovative technologies. 4.5 billion euros will be invested in the next five years. In just one year, France has more than 200 blockchain innovation projects. Such a strategy enables France to maintain a leading position in the global blockchain technology competition and become the next blockchain industry center country.
As a blockchain project that already has an extended layout in France marketing, BitCherry committed to promoting the commercial applicability and iterative of technology, will keep focus to promote the digital transformation for traditional enterprises, and provide technical and ecological support.

Please check below link for more info:
https://medium.com/bitcherryglobal/pbws-bitcherry-founder-paul-innovative-blockchain-finance-industry-will-reform-the-global-c6a54e5bcc58

Follow Us:
Official Website: https://www.bitcherry.io/
Medium (Global): https://medium.com/bitcherryglobal
Medium (ID): https://medium.com/@IndonesiaBCHC
Twitter (Global): https://twitter.com/BitCherryGlobal
Twitter (ID): https://twitter.com/BitCherryID
Twitter (PH): https://twitter.com/BitCherryP
Twitter (AR): https://twitter.com/BitCherryarabic
Facebook (Global): https://www.fb.com/BCHCGlobal/
Instagram (Global): https://www.instagram.com/bitcherryofficial/
Instagram (ID): https://www.instagram.com/bitcherry_id/
LinkedIn：https://www.linkedin.com/company/bitcherry/
VK Russia: https://vk.com/bitcherry_russian

Connect with Us:
Global Telegram: https://t.me/BitCherryGlobal
English Telegram: https://t.me/BitCherryEnglish
Turkey Telegram: http://t.me/BitCherryTurkey
Japan Telegram:https://t.me/BitCherryJapan
Vietnam Telegram: https://t.me/BitCherryVietnam
Indonesia Telegram: https://t.me/BitCherryIndonesia
Arabic Telegram: https://t.me/BitCherryArabic
Africa Telegram: https://t.me/BitCherryAfrica
Russia Telegram: https://t.me/BitCherryRussia
Philippines Telegram: https://t.me/BitCherryPhilippines

Advertise Your Stuff / BitCherry (BCHC) Commercial Underlying Infrastructure And Product Architecture

« on: November 05, 2020, 10:15:48 AM »

BitCherry (BCHC) Commercial Underlying Infrastructure And Product Architecture

BitCherry commits to create services in all types of commercial IPv8 block chain infrastructure, we have developed a high-performance, high-security, high available of expandable block chain infrastructure platform. The platform implements highly scalable data architecture through the hash graph which has been improved by the relationship graph. Current platform provides smart contracts, cross-chain consensus and other operating mechanisms, it is also able quickly build upper-level applications, meet various types of business application scenarios, and be distributed on the chain.

BitCherry within the partners started to fully investigate the ecosystem with a common depth exploration of block chain technology in distributed business application scenario. After the investigation all applied services has been applied to many areas of supply chain finance, asset digital, commercial consumption, electricity providers, distributed cloud computing. BitCherry has proposed a number of innovative technologies, one of them was a unique technological advantage in terms of performance, security, scalability and business suitability. We will continue to improve cross-blockchain commercial-grade solutions and create joint development of industry.

In the down part of the article, we will give a detailed description to the underlying infrastructure and product’s architecture
BitCherry gets placed in the blockchain infrastructure platform

BitCherry positions itself as the “world’s first commercial scalable blockchain infrastructure based on IPv8 technology”. BitCherry is the first project which has been built a commercial blockchain underlying infrastructure platform. BitCherry aims to build a distributed business ecosystem that will provide high-performance, high-security, and high-scalability commercial applications.

BitCherry aims to create a commercial thoroughfare blockchain technology with social links which help traditional enterprises to have constructed trusted distributed business environment and achieve the high-speed transfer of ecological value, followed by these aspects:

1.Distributed business ecological alliance: we will introduce global high-quality capital and commercial resources, deep and complete ecological resources;
2. Borderless value proposition: The underlying network is constructed with IPv8 technology and is not hindered by national borders due to its particularity, and it can freely transmit value;
3. Smart contracts with complete functions: support multi-language programmable contract development, and provide standardized contract templates;
4. Commercial-level applications: multi-chain sharding structure with strong interoperability system meets various types of commercial blockchain applications;
5. Mass user support: efficient transaction verification and synchronization can support hundreds of millions of users;
6. Visual operation and maintenance management: Provides visual operation and maintenance management from the blockchain network, underlying system, and business level;
7. Blockchain transformation services: Available for various business fields, provide customized enterprise-level blockchain transformation services.

BitCherry blockchain infrastructure’s platform and its architecture
BitCherry is about to start of a new data structure based on Hashgraph, and some parts are optimized and improved. The infrastructure has been further enhanced with the advent of the P2Plus network protocol. In addition, the design of sharding + sidechains provides greater scalability. Therefore, the network is extremely robust in terms of structural clarity and statistical management mode.

BitCherry product architecture is consisted of three main components like: P2Plus network services, extended blockchain service, the block chain solutions and management

1. P2Plus network service
Based on distributed Hashgraph technology, the P2Plus network protocol constructed with a double-layer structure, each node synchronizes messages to neighboring nodes and gateway nodes through the Gossip of Gossip protocol; The P2Plus network protocol uses point-to-point high-strength private key encryption technology for encrypted content transmission and only the receiving node can decrypt, that ensuring the confidentiality of the transmitted content and node privacy; P2Plus authorizes the network read/write of the 8-bit virtual IP address, and recognizes it through the public key signature of the virtual IP address. Based on P2Plus agreement, BitCherry can be visited between any two devices worldwide, cross-network / firewall / network of fences, security / privacy of the high-speed P2P communication; due to the transparent application of the underlying link layer and IP layer on top of TCP, a lot of traditional layer services can be seamlessly migrated to the P2Plus network to automatically realize decentralized, point-to-point encrypted mail, chat, and WEB services. Due to the point-to-point encrypted communication and signature authorization mechanism, the P2Plus protocol can also prevent DNS attacks and DDOS attacks.

2. Blockchain extension service
On top of basic services, BitCherry provide more advanced services: to solve the scalability problem of multi-chain structure and physical sharding technique; solving value silo issue, cross-chain technology and realize internet of all chains; and solve data security technology of privacy protection.

3. Blockchain solutions and management
BitCherry provides complete commercial-level blockchain solutions; business-friendly, has fully customized services, support completely private side chains; provide visual operation and maintenance management, including operation monitoring, parameter configuration, and data of the underlying blockchain system Analysis, blockchain browser, etc.

Advertise Your Stuff / Detailed Explanation of BitCherry Project Of Distributed Commercial PublicChain3

« on: October 27, 2020, 10:12:48 AM »

Detailed Explanation of BitCherry Project Of Distributed Commercial Public Chain (3): Characteristics and Implementation Principles of Hash Body (Side Chain) And Hash Ring (Sharding) Technology

Blockchain has become an important technology to promote commercial development. Whoever can master the core technologies in this field may become the “leader” in this field. However, while using blockchain technology to enable commerce in various fields, we also find some shortcomings of current commercial level blockchain projects and blockchain technologies. For example, most blockchain systems adopt single chain table structure, and the privacy and security of commercial applications on the chain are limited by the performance of single chain. Nevertheless, some public chain projects with multi chain system structure are proposed. Due to the low interoperability between the simple multi chain structures, the application on the chain cannot meet the commercial needs of small amount and multi frequency, which indirectly leads to the failure of effective connection between traditional user groups and commercial institutions, resulting in weak liquidity. As well as the existing blockchain lack of effective regulatory means, resulting in low user trust. These problems have deeply restricted the desire of enterprises in various fields to use blockchain technology to enable their own development.

As the world’s first scalable blockchain infrastructure based on IPv8 technology to serve distributed commerce, BitCherry builds P2P plus peer-to-peer encryption network protocol with a new thinking of innovating the physical layer. It realizes highly scalable data architecture through Hashgraph improved by Relationgraph, and provides operation mechanisms such as smart contract and cross chain consensus, so as to provide high performance and high security for global commerce High availability of low-level technical support, services related to supply chain finance, product traceability, asset digitization, commercial consumption, e-commerce, distributed cloud computing and many other fields.
This article included three part of the BitCherry project of distributed commercial public chain — Characteristics and Implementation Principles of Hash Body (Side Chain) And Hash Ring (Sharding) Technology. The following is the main content.

1. Hash body (side chain) technology
Multi Chain Architecture
BitCherry’s Hashbody (side chain) technology can segment the data according to the requirements of different actual application scenarios, to improve the throughput of the blockchain horizontally. Hashbody technology is a side chain technology divided by DAPP type. In BitCherry, the basic data is a graph structure based on transaction hash and related with adjacent nodes. In short, the traditional side chain technology that multiple side chains anchor the main chain is actually a multi one-way list structure with intersection points in the unit of blocks, while the hash body is a three-dimensional structure that slices according to DAPP type and the interface is Hashgraph.

The side chain of traditional blockchain structure actually improves TPS by expanding one line to N lines; while BitCherry essentially upgrades the 2D plane Hashgraph structure to 3D three-dimensional Hashbody structure, and in the process of expanding from 2D to 3D, the added dimension is actually the adjacent node relationship. For example, in the field of transportation, if we want to improve the traffic efficiency, we need to expand lanes and separate people and vehicles. The side chain technology is equivalent to expanding lanes. However, the side chain of traditional blockchain only divides the lanes, and does not classify the node relationship and use purpose, because there are only two types of transaction and contract, and there is no difference between them, so the road cannot be differentiated. To put it simply: there is no difference between roadway and sidewalks. If both lanes are designed according to roadway, sidewalk will be too wide and the resources will be wasted; if both lanes are designed according to sidewalks, the roadway will be too narrow. Therefore, BitCherry can further improve the performance of DAPP and optimize the token economic network by designing side chains for different purposes. Therefore, it is more efficient to divide the DAPP into different application types.

Parallel Multiple Side Chains
BitCherry’s main side chain technology provides different types of side chains according to the circulation content. The main chain is only responsible for the consensus and transaction of the main token, while the number of side chains can increase with the increase of business volume and data. The nodes of different sub chains handle their own business. Side chain is based on general token, transaction (e-commerce / payment), information flow (Social Media / social network), IPFs storage (cloud disk / big data / video / Library), CPU / GPU Computing (AI / Ar / VR / 3D) Rendering / cloud Games / distributed supercomputing) are divided into different types, which greatly increases the application commonness in the side chain. At the same time, BitCherry also designs a multi-layer systematic security guarantee mechanism to effectively resist bribery attacks, malicious submission and other attacks.

2. Hash Ring (Fragmentation) Technology
Six-Degree Segmentation Theory
If the side chain is the external horizontal extension of the blockchain, then fragmentation is the internal vertical slice of the blockchain. People, society, and business have countless ways of arrangement and combination. If there is no information means to aggregate together, it is easy to lose. Instant messaging on the Internet brings people together, but this is virtual. Business society needs real names, otherwise credit will be across a gap. However, through the “six-degree division” between acquaintances, a trusted network can be created.

Hash Ring is the image of the hash relationship graph, which is very similar to the concept of the circle of friends. In the Hashgraph, there will be more than 100000 or even millions of consensus nodes in the whole network. So we can find hundreds of nodes with the highest degree of correlation to endorse their own transaction consensus by longitudinal slicing among many nodes, which is just like looking for their own relationship in social network The process of the closest friend is the same. BitCherry is a hash graph partition based on relation graph. According to the theory of six-degree partition, the same type of relationship is usually concentrated in the surrounding small circle, and it will form a hash circle from large to small. Therefore, more than 96% of the transactions are carried out in the same partition. Cross slice transactions will greatly reduce and reduce many unnecessary losses.

Implementation of Hash Ring
In terms of technical implementation, Hash Ring uses social network analysis algorithm (SNA). The difference is that the calculation dimension is no longer just social relations, but includes the P2P plus network connectivity dimension and relationship graph dimension (for the main chain, it refers to the transaction relationship); for the side chain, according to the type, it is divided into e-commerce relationship, social relationship, file sharing relationship, game relationship, etc., program algorithm. Generally, graph calculation and cluster analysis are used, including analysis index algorithm and community discovery algorithm.

In BitCherry, the degree based shortest path algorithm and compact centrality algorithm are used in the underlying P2P network topology. The hash graph consensus algorithm uses the betweenness centrality and community discovery algorithm. For the ranking of gateway nodes and V nodes, the shortest path, compactness centrality and betweenness centrality are integrated, and then the endorsement nodes are randomly selected.

Advertise Your Stuff / Public Business Blockchain project BitCherry: aBFT + PoUc consensus algorithm

« on: October 21, 2020, 09:40:51 AM »

A second detailed description of distributed public business chain project BitCherry: aBFT + PoUc consensus algorithm

Nowadays Blockchain has become an important technology which promotes business development. So whoever can manage well core technologies may become the leader in this field. However, while using blockchain technology we still can experience some shortcomings. For example, most blockchain systems still adopt a single linked list structure and on chain commercial applications. The privacy and security of the company might be limited because of the performance of a single chain. So for this issue some public chain projects proposed a multi chain system structure. Unfortunately a multi chain system structure has the low efficiency between cross chain interoperability and the simple multi-chain structure. The commercial demand of monetary valued enterprises indirectly leads to some issues like: ineffective connection of traditional user groups and commercial institutions, the problem of weak liquidity, the low user trust caused by the lack of effective supervision methods in the existing blockchain. All of the problems mentioned above deeply limit the desire of enterprises in various fields to use blockchain technology.

As the world’s first scalable blockchain infrastructure based on IPv8 technology, BitCherry has built an innovative physical layer network protocol which is P2Plus end-to-end encryption. Current innovative network protocol has already achieved some improvements like: an improved spectrum from the high scalable hash map data architecture, improved smart contracts, cross chain consensus and other operating mechanisms. The innovative network protocol can provide global businesses with a high performance, high security, and high underlying technical support. Current services might be involved in different fields like: finance, product traceability, asset digitization, commercial consumption, e-commerce, cloud computing and also in many other fields.
The article above gives a quick introduction of project- BitCherry. The detailed explanation about aBFT+PoUc consensus algorithm will be explained on the following text content.

1. aBFT+PoUc consensus mechanism
Basic consensus algorithm of aBFT
BitCherry uses a distributed blockchain system; the consensus algorithm running environment is similar to the execution environment of distributed systems. It ensures the safety and reliability of the consensus algorithm. aBFT is the basis of consensus algorithm which is fully asynchronous by BitCherry. It does not have to waste a lot of energy for PoW problems caused by nor node PoS / DPoS bugs. The system has also inherited the advantages of aBFT distributed consensus algorithm in solving the problem of fault tolerance and malicious nodes.

But it also has the following shortcomings:
1. There is no complete certainty of consensus. It is just operates by timing, the probability of tampering becomes smaller and smaller, forming final certainty, so the time for consensus determination is also related to the number of nodes;

2. All nodes participating in the transaction participate in the consensus as well, this also limits the TPS of the hash graph from both the network bandwidth and the CPU/GPU computing power.

Safe and efficient consensus algorithm: aBFT+PoUc consensus mechanism
On a consensus algorithm, BitCherry’s data structure is based on the hash map. It is the block chain pioneering technology with six degrees of separation theory, which demonstrates the value of PoUc user, selects consensus nodes, optimizes the network propagation consensus process. Current system is combined with BitCherry original P2Plus network protocols, and multiple types of applications BitCherry side chains which allows to create a unique aBFT + PoUc consensus.

It is different from the DPoS method; all users can participate in the PoUc consensus. The algorithm automatically selects neighboring nodes and non-neighboring nodes to virtual voting according to the relationship graph algorithm, and refers to their weights for virtual voting. The selected nodes will receive accounting rewards. The selection rule of the neighboring endorsed nodes is based on the node network bandwidth/delay, the close centrality of the main/side chain relationship map and the node’s Bit-U value. The node network connection and relationship map are only calculated by level. The Bit-U value of the node is selected first; the selection rule for the large V node gives priority to the Bit-U value of the node when the node bandwidth/delay threshold is met. In the node selection process, the degree of deduplication and randomness between rounds are specified. The nodes that are repeated between two adjacent rounds do not exceed 1/3 and are randomly selected. Newly selected nodes are randomly selected according to 1/3 of the number of candidate nodes.

In simple terms, BitCherry consensus algorithm is based on aBFT, so any node that satisfy the condition (based on the unique value of Bit-U prefers the neighbor node) can participate in the process of the whole PoUc consensus and almost all important nodes in the circle will also participate in the PoUc consensus process.

2. Incentive Mechanism Bit-U
Although Hashgraph is based on the aBFT algorithm and treats all nodes equally and can be decentralized to the greatest extent, it also lacks incentives for the entire economic system. Thus, BitCherry uses Bit-U incentives, Bit-U formed by the superposition of four dimensions, the user will have any dimension obtained for excitation, the excitation multidimensional is greater. T is the time dynamics, R for the user relevance, A is for user activeness and C is for user’s contribution.

Time Dynamics T: Determined by the length of time the user holds to pass. This indicator is mainly determined by the time the user holds the pass. We believe that long-term pass holders are more credible than non-holders and have less motivation for evil.

User relevance R: It is determined by the user relationship circle and relationship activity. The relationship map includes: social relationship, e-commerce relationship, knowledge sharing relationship, and resource sharing relationship;

User Activeness A: It is composed of user online time/frequency, social activeness, transaction activeness, and sharing activeness;

User contribution C is divided into two categories:
Cloud computing mining machine resource Cm: In addition to mining participation, cloud computing mining machine resource Cm also includes: IPFS storage resources, gateway bandwidth resources, and CPU/GPU computing resources;

External interface resource Cb: External resource Cb mainly refers to the provision of external resources for the public chain, including: advertising/sales and other commercial intermediary services, arbitration/mantra services, etc., mainly for the public chain to open up information about the external physical world, the traditional Internet, and the Internet of Things , Funds, equipment, and services that goods to provide.

Forum related / Re: Hi, introduce yourself

« on: October 21, 2020, 09:23:31 AM »

Hi All,

BitCherry from Singapore

Feel free please visit www .bitcherry .io