THELOGICALINDIAN - Blockchain technology is not absolute While the abstraction is able the basal tech abaft it is falling abaft The blockchain relies on bodies and the ability of their computers to verify blocks of affairs Blocks can alone authority so abounding affairs and miners rigs can alone handle so abounding blocks
That, and mining blocks takes time. The companies abaft cryptocurrencies charge accommodate an allurement for miners to abide spending their time on the blockchain, and those rewards can alter based on the amount of the cryptocurrency they are mining. The added affairs to process, the slower the network. In short: scalability is the blockchains downfall.
One company, Lydian, is attempting get rid of the assurance on miners.
Their attack is via The Whisper Network. The Whisper Network is a belvedere attractive to agitate the apple of agenda announcement by utilizing a decentralized bogus intelligence technology. By demography advantage of A.I., The Whisper Network can analyze and again ambition abeyant customers.
Because of this, the agenda announcement ecosystem will become always added user-driven. Lydian has two products: MonaChain and MonaBrowse. MonaChain intends to use the blockchain and its own DaVinci business billow technology to abstain accepted cases of ad artifice and accompany their audience the best accessible experience.
MonaBrowse will action to abolish AdBlockers by acceptance users to ascendancy not alone the bulk but additionally the admeasurement of announcement they acquaintance while browsing the internet. As a result, agenda announcement will become added user-centric as users accept ads targeted appear them. This will access all-embracing assurance and accept a absolute appulse on the ad-ecosystem as a whole.
Now, how does this agency into the miner argument? The Whisper Network and its products, MonaChain and MonaBrowse, run on article alleged the Directed Acyclic Graph (DAG.) The DAG presents an another band-aid to mining by the way it handles transactions. Instead of alignment affairs into a block and acute a miner to verify them, the DAG uses anniversary transaction to break the one that comes afterwards it.
The aforementioned bogus intelligence abaft the agenda announcement technology is acclimated here. Unlike a accepted blockchain tech, area blocks are generated one afterwards the other, WPN blocks are created simultaneously. Then, if the A.I. calculates all antecedent responses as valid, the abutting one will be too. As added affairs are added to the network, they are accurate alike added quickly.
This speeds up the action exponentially, alongside blurred transaction accuse to about nothing. If the Whisper Network Protocol wants MonaChain and MonaBrowse to assignment the way they should, this acceleration is necessary. Digital Advertising requires near-instantaneous behest for ad-placements. Otherwise, audience absence out on admired ad-space and revenue.
The abeyant of the DAG technology is vast. It eliminates the charge for an absolute aspect abaft accepted blockchain technology (the miners) by utilizing bogus intelligence. Also, the DAG solves the better botheration adverse accepted blockchain technology today: scalability.
To participate in Lydian’s ICO that ends in 6 canicule you may visit: https://lydian.io
