EKT is a decentralized cloud computing blockchain network with high performance, resource isolation, and a more complete governance and development structure. In EKT's network, nodes are divided according to types, and specialized bookkeeping nodes (full nodes) can run on server clusters to improve the performance of the entire blockchain network; the "multi-main chain" structure effectively realizes resource isolation, " One chain, one scenario”; establish a proxy voting system for token holders to ensure efficient governance and sound development of the network.

Multiple chains are parallel EKT chains record all chain and token information. The EKT main chain maintains a unified user system. Based on this user system, whether it is the main chain, multi-chain or DApp application, it can quickly use the existing user system of the main chain to develop and acquire users. It also greatly reduces the switching cost for users between different DApps. In addition, users can modify the public-private key pair and the encryption algorithm used, which makes the security of EKT's user system always follow the development of the times. Even if quantum computers are popularized, users can also replace the algorithm with a new algorithm that is resistant to quantum attacks.

EKT's token chain is a pure token, not an application chain, and has a dedicated dapp chain. EKT has designed a unique multi-chain architecture. In this multi-chain architecture, in addition to EKT's main chain, it also supports multiple parallel main chains. There will be a main currency in each main chain. Different main chains can adopt different consensus mechanisms, and the default consensus mechanism is DPoS. Developers can create and complete the deployment of their own nodes through the Consensus interface provided by the main chain.

1. Project introduction

EKT is a modular blockchain underlying framework that will build a public chain ecosystem based on a multi-chain architecture and is committed to becoming a commercial public chain that supports a large number of applications. It can provide enterprises with easy-to-use, flexible and efficient general-purpose basic technologies, and jointly promote the implementation of blockchain application scenarios. Different from the traditional side chain architecture, in the EKT multi-chain system, all chains do not need to synchronize the main chain data and can be completely independent. At the same time, we also provide cross-contract calls on the same chain and contract calls across different chains. In EKT, the default consensus mechanism is DBFT, and the development language of smart contracts is JavaScript, and other mainstream languages ​​will be supported in succession.

Project Features

Multi-chain architecture and cross-chain protocol:
Develop a unique multi-chain architecture, which supports multiple parallel main chains in addition to the EKT main chain, and each main chain has a main currency. Different main chains can adopt different consensus mechanisms, and the default consensus mechanism is DPOS. Through the cross-chain message protocol, assets are naturally circulated across the public chain.

New language for smart contracts:
EKT provides a new set of smart contract development language AWM, which enables developers to easily customize their own smart contracts according to business needs. The operating environment of the smart contract is AWM VM. Using this virtual machine for local debugging can greatly improve development efficiency.

DPOS+Paxos Consensus Algorithm:
Based on the consensus mechanism of DPOS + Paxos, the more users in the public chain, the higher the theoretical TPS, and it can tend to be infinite. In addition, developers only need to care about the business logic, and after a short period of basic learning, they can quickly get started and create their own DApps in the blockchain world.

Application scenario

Multiple trust subjects: blockchain is a trust machine, and the application environment is best if there is no natural trust relationship between each other, and trust needs to be built through blockchain.

Multi-party collaboration: If there are many collaborators in this scenario and the cost of reconciliation is high, the smart contract built on the shared ledger at the bottom of the blockchain can reduce the cost of reconciliation, thereby improving efficiency.

Medium and low-frequency transactions: The current concurrency and scalability of the blockchain are not enough to apply to large-scale high-frequency transactions.

Under the multi-chain and multi-consensus mechanism, the EKT blockchain takes advantage of cross-chain technology to integrate and manage the application scenarios of multiple chains in a unified manner, forming a multi-consensus application scenario ecology. The multi-chain structure of the EKT blockchain can meet the diversity of application scenarios, which increases the possibility of multiple integration of multi-functional platforms. At the same time, the multi-chain structure and cross-chain value exchange can maintain the healthy operation of the entire ecosystem. In the structure formed by multiple tokens, the main chain will maintain the balance and use of all tokens, so that all tokens can operate normally and drive the harmonious development of sub-chain ecology.

Technical Overview

In the EKT blockchain network, the "main chain" constitutes the main road of information, and different parent chains exchange information through the link routing protocol. At the same time, a main chain carries different isomorphic sub-chains, and these sub-chains are distributed ledger implementations of a certain vertical field or multiple heterogeneous clusters. The communication between the sub-chains is realized by the cross-chain communication protocol. Through the sharding of the blockchain, the transaction processing capability of the blockchain system is improved.

Compared with a single blockchain system, the chain cluster system can increase linearly in transaction processing capacity by connecting multiple sub-chains. Transaction requests enter different sub-chains through the allocation of chain routers, which can effectively avoid centralized requests for one sub-chain. In addition, clusters with different numbers of nodes of isomorphic sub-chains can be deployed on the chain router. For isomorphic chains, clusters with multiple nodes will have relatively high security, and clusters with fewer nodes will have faster processing speed . In addition, according to different requirements such as the number of nodes, geographical location, and business classification, different chain clusters are deployed, and requests are distributed to appropriate clusters for processing according to different requirements, helping the chain network to be flexibly deployed according to business needs and providing users with higher quality blockchain services.

Two. Comments

EKT has created a brand-new blockchain underlying architecture, splitting Token and Dapp to ensure the simplicity, iteration efficiency and security of distributed application development. Integrating the Bancor protocol into the public chain structure, the newly issued tokens will have a stable circulation. Developers only need to focus on the business logic of the DApp, and everything else is done by the EKT public chain. All in all, EKT empowers the real economy with basic blockchain technology and is a public chain ecosystem based on a multi-chain architecture.

Related links:
https://ekt8.io/
http://www.qukuaiwang.com.cn/szhb/2773.html###
http://www.bite5.com/index.php/viewnews-255
https://bihu.com/article/1835155747