Computer networking of blockchain technology

Computer networking of blockchain technology

Ecosystem overview:

System goal: Build an ecosystem to facilitate the exchange of digital assets in the digital asset market. The ecosystem includes multiple participant systems, such as asset user system, asset holder system, and asset mining system.

Asset wrapping: Digital assets are managed through a multi-level asset wrapper (IP Wrapper), which exists in the form of a computer executable file and contains detailed metadata, contract terms, and transaction history.

Blockchain technology application:

Smart contract: Use blockchain devices to execute smart contracts to achieve asset exchange. The execution of smart contracts is based on a certain number of right tokens, which represent specific cryptocurrency values.

Transaction process: During the transaction process, access to assets is authorized by executing the codec associated with the asset wrapper. The codec is started when an external exchange request is received and performs authorization tasks based on the user's private key.

Multi-level structure:

Asset wrapping structure: Asset wrapping adopts a multi-level structure, including a blockchain layer and a side chain layer. The blockchain layer stores metadata and keywords of the source information, and the side chain layer stores detailed content and hash values.

Extension Templates: Provides scalable layer templates, allowing more layers to be created as needed to include additional digital data types.

Security and Authentication:

Authentication System: A blockchain-based authentication system that uses biometric devices to authorize digital identities and associates them with blockchain private keys.

Encryption and Decryption Mechanism: An encryption and decryption mechanism is used to protect asset content, ensuring that assets can only be accessed and decrypted under authorized circumstances.

Market Network Components:

Market Participants: The system supports a variety of market participants, including rights holders (Holders), rights users (Users), and miners (Miners). Miners are responsible for verifying the uniqueness and originality of rights and providing related services to earn rights tokens.

Market Network: Through the market network component, rights holders can issue rights, rights users can search and obtain these rights, and miners facilitate transactions and provide verification services.

Incentive Mechanism and Token Economy:

Rights Tokens: As the native protocol tokens within the system, rights tokens are used to pay transaction fees, reward miners, and incentivize rights holders to issue rights.

Token Economy: The token economy is designed to promote the liquidity of rights and encourage more rights registration and transactions through reward mechanisms.

Additional features and services:

Collective and crowdsourcing: The system provides collective components and crowdsourcing application programming interfaces to support the formation of special interest groups and the release of crowdsourcing projects.

Crowdfunding and financing: Rights holders can seek financial support through crowdfunding mechanisms, while sponsors can promote innovation by sponsoring challenges and awards.

Technical architecture and components:

System components: including blockchain devices, smart contracts, document storage devices, identity verification systems, etc., which jointly support the operation of the ecosystem.

User interface: Provides a graphical user interface (GUI) and mobile applications to facilitate user access and operation of the ecosystem.

What is the main goal of the ecosystem? What major participant systems does it contain?

Answer: The main goal of the ecosystem is to build a platform that facilitates the exchange of digital assets in the digital asset market. The main participant systems it contains include asset user system, asset holder system and asset mining system.

How are digital assets packaged in the ecosystem? What are the characteristics of this packaging structure?

Answer: In the ecosystem, digital assets are managed through multi-level asset packaging (IP Wrapper), which exists in the form of computer executable files. The packaging structure includes a blockchain layer and a sidechain layer. The blockchain layer stores metadata and keywords, and the sidechain layer stores detailed content and hash values. In addition, an extensible layer template is provided, allowing more layers to be created as needed to include additional digital data types.

How is blockchain technology used in this ecosystem? What role do smart contracts play?

Answer: Blockchain technology is used in this ecosystem to execute smart contracts to achieve the exchange of digital assets. The execution of smart contracts is based on a certain number of right tokens, which represent specific cryptocurrency values. Smart contracts are initiated when external exchange requests are received and execute transactions based on preset conditions.

How does the ecosystem ensure the security of digital assets?

Answer: The ecosystem ensures the security of digital assets through a variety of mechanisms, including a blockchain-based authentication system, encryption and decryption mechanisms, and a multi-level asset packaging structure. The authentication system uses biometric devices to authorize digital identities and associates them with blockchain private keys; the encryption and decryption mechanism protects asset content, ensuring that assets can only be accessed and decrypted under authorized circumstances.

What role do right tokens play in this ecosystem?

Answer: Rights Tokens are native protocol tokens within the ecosystem and play several important roles. They are used as a medium to pay transaction fees, reward miners who contribute to the ecosystem, and incentivize rights holders to publish their rights. Rights tokens are designed to promote the liquidity of rights and encourage more rights registration and trading through reward mechanisms.

Briefly describe the market network components in the ecosystem and their functions.

Answer: The market network components in the ecosystem support the interaction of multiple market participants, including rights holders, rights users, and miners. Rights holders can publish their rights through the market network, rights users can search and obtain these rights, and miners are responsible for verifying the uniqueness and originality of rights and providing related services to facilitate transactions. The market network component provides an efficient and transparent platform for the exchange and management of rights