How Proof of Tsar Mechanism Works in Blockchain 5.0
Blockchain technology has come a long way today, there is no denying that. However, it has failed to reach its potential on a mass level in industries like banking, healthcare, real estate, etc. due to various issues like high energy consumption, disorganization of communication channels, slow speed of distributed ledger technology in registries creation and poor transaction rate, etc.
Relictum Pro was designed to eliminate the flaws from the existing blockchain technologies and create a truly distributed ledger technology with blockchain 5.0.
Proof of Tsar: Powering Relictum Pro
Relictum Pro introduced a slew of new features with blockchain 5.0 to improve the blockchain architecture, network infrastructure, and consensus algorithms. Proof is Tsar organization mechanism is one of the biggest changes that it introduced. So, how does it work? Let’s take a look.
Let’s consider a network in which regeneration (reconnection of all nodes) takes place every 0.5 seconds. This is directed by a “Tsar” node which is the main node, and there are “Generals” under this node. The transactions on the network are transferred to the “Tsar” node which, in turn, transfers them to the “Generals” for further processing.
In Relictum Pro, a rule is followed under which any node can be either Tsar or General but a node can’t be General two times in a row, and a Tsar node can’t be either Tsar or General after taking the position.
Relictum Pro’s Tsar consensus systems offers the following advantages:
- A smart contract can be signed between 10 counterparties at the same time
- Easy development of new smart contracts that come with new property-types or type-properties
- Automatic monitoring of conditions in smart contracts
The remarkable achievements of Relictum Pro in the blockchain industry can’t be overlooked. As a result, the platform is garnering attention across the globe, especially after the announcement of Relictum ICO and the platform’s flagship currency, i.e. Relict Coin.
