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PlatONE is a financial-grade blockchain platform. It has involved in areas like payment and settlement, AI, IoT, healthcare, credit system,advertising and key management. PlatONE supports pluggable different consensus protocol which includes Concurrent BFT and Optimized BFT. VRF and probability distribution are used to randomly select consensus nodes, which can balance decentralization and scalability. Concurrent BFT: block generation and block verification are performed in parallel, which greatly improves the rate of block generation while ensuring BFT 1/3 fault tolerance. In the test network, it takes 1 second to reach consensus and generate block. Optimized BFT: Introducing unlocking mechanism to solve the consensus deadlock issue and the chain can support more than 100 consensus nodes. In the test network, it takes 1 second to reach consensus and generate block.
PlatONE is a financial-grade blockchain platform. It has involved in areas like payment and settlement, AI, IoT, healthcare, credit system,advertising and key management. PlatONE supports pluggable different consensus protocol which includes Concurrent BFT and Optimized BFT. VRF and probability distribution are used to randomly select consensus nodes, which can balance decentralization and scalability. Concurrent BFT: block generation and block verification are performed in parallel, which greatly improves the rate of block generation while ensuring BFT 1/3 fault tolerance. In the test network, it takes 1 second to reach consensus and generate block. Optimized BFT: Introducing unlocking mechanism to solve the consensus deadlock issue and the chain can support more than 100 consensus nodes. In the test network, it takes 1 second to reach consensus and generate block.
PlatONE is a financial-grade blockchain platform designed to provide robust enterprise solutions. It operates across various industries, including payment, settlement, AI, IoT, healthcare, credit systems, advertising, and key management. Utilizing advanced consensus protocols, PlatONE aims to deliver a decentralized, scalable, and secure blockchain ecosystem.
PlatONE supports different consensus protocols, including Concurrent BFT and Optimized BFT. The Concurrent BFT allows simultaneous block generation and verification, enhancing speed while maintaining fault tolerance. In contrast, Optimized BFT features an unlocking mechanism to avoid deadlocks and supports over 100 nodes, achieving a consensus in just one second on the test network.
PlatONE provides financial-grade solutions with a focus on decentralization, scalability, and speed. The platform's ability to utilize pluggable consensus protocols like Concurrent BFT and Optimized BFT ensures swift transaction times and robust security. Additionally, the integration of VRF and probability distribution enhances the selection of consensus nodes, balancing efficiency and decentralization.
PlatONE employs Virtual Random Function (VRF) and probability distribution methods to randomly select consensus nodes, balancing the need for decentralization and scalability. This approach allows PlatONE to support numerous consensus nodes while maintaining rapid block generation and transaction confirmation times.
PlatONE's blockchain platform is versatile and can be utilized in a wide range of industries, including payment and settlement, artificial intelligence (AI), Internet of Things (IoT), healthcare, credit systems, advertising, and key management. Its financial-grade capabilities make it suitable for enterprise-level applications across these sectors.
To address consensus deadlock challenges, PlatONE's Optimized BFT protocol incorporates an unlocking mechanism. This feature ensures the blockchain can handle over 100 consensus nodes without interruptions, maintaining smooth and efficient operations across the network, and enabling quick consensus in just one second in the test environment.
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