PlatON: A cryptocurrency-based computing network with high scalability and privacy.

WHAT IS PLATON

PlatON is one of the first to utilize VC to affirm its exchanges. VC enables a hub to computational affirm an exchanges in only one hub cutting of the various agreement of utilizing a few PCs/hubs to check an exchanges. Blockchain procedure has appeared to devour so much vitality and power. With VC all these are diminished immensely. Likewise, increment certainty, TPs, adaptability, accuracy and security of data. PlatON platform will likewise utilize verified Homomorphic Encryption (HE) and Multi Party Computation to protect exchanges.

So it is protected to state that the PlatON platform will make a foundation for decentralized Apps to be based on it for high proficient exchange that will be trustless, certain versatile and private. Permitting a sharing economy for all.



HOW PLATON WORKS
High-Efficiency off-chain computation



1. Clients send and discharge Meta Smart Contract which contains calculation parameters, calculation work and financial motivations.

2. Clients call the smart contract and send exchanges.

3. Complex calculations are separated into sub-undertakings in circuit structure and conveyed to different processing hubs.

4. Figuring hubs execute calculation and produce the confirmation.

5. Figuring hubs submit calculation results and the verification.

6. On-chain hubs communicate calculation results and the verification.

7. Square makers check the evidence.

8. Checked calculation results are come back to the client through smart contract.

9. Economic prizes are executed on-fasten as indicated by the Value of Computing Contribution.

THE BLOCKCHAIN

The genuine innovation behind blockchain is the capacity to be open, straightforward and trustless. What makes it so relies upon the quantity of hubs that concurs on an accord and affirms the cryptographically data or data providing for it. This agreement calculation affirms the rightness of the data and approves it. This can spam over various hubs (PCs) before the exchange or data is approved. Nonetheless, this has accompanied its own scenery of adaptability (scope of capacity) where exchanges or data can set aside longer effort to approve or affirm.


Making some blockchain having the higher capacity or higher TPs (exchanges per sec). New investigations has appeared there other computational procedures that can build adaptability and TPs and one of such is Verifiable Computation (VC).

DECOUPLE COMPUTATION FROM CONCENSUS


A technique of on-chain accord and off-chain calculation which can be redesigned separately.

1. Meta Smart Contract

Contain IO rationale and calculation work, the previous is to get on-chain data and the last is assembled into Boolean Circuits to be executed off-chain.

2. Calculation Task

Can be partitioned into different sub-circuits at that point sent to arbitrarily chosen registering hubs to be executed in parallel.

3. Registering Channel

Fill in as a calculation state machine following the condition of the calculation assignments, and a deterministic program issuing prize or discipline.

ROADMAP


Be a part of the project through the links below.
Web: https://www.platon.network/

Twitter: https://twitter.com/PlatON_Network
Facebook: https://www.facebook.com/PlatONNetwork/
LinkedIn: https://www.linkedin.com/company/platonnetwork/
Telegram: https://t.me/PlatONHK
White paper: https://platon.network/static/pdf/en/PlatON_A_High-Efficiency_Trustless_Computing_Network_Whitepaper_EN.pdf


Bounty0x Username: karenbr

Disclaimer: A sponsored article written for a bounty reward.