GOVM

The govm system uses a new blockchain architecture, a public BlockChain with high performance as its goal. Its theoretical TPS performance can exceed 83 * 2 ^ 64, faster than current blockchain systems.

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Technology

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Multiple Chains

Multi Chain parallelism is supported to avoid single node resource bottleneck.

The logical relations form a binary tree structure, and the depth of the tree can reach 64, so there can be at most 2 ^ 64 chains.

Each chain only needs to care about its parent chain and two child chains, so the chain processing is simple.

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Hash Lock

Hash locking of the front and back blocks on the single chain ensures that the data in the single chain can be traced and cannot be tampered with.

The hash lock of blocks between parent and child chains ensures the traceability and non tamperability of data between chains.

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Cross Chain

Support cross chain transfer within the system.

Allow the same smart contract to be published on different chains.

Allows smart contracts to read data from the other chain, enabling distributed processing and high performance of smart contracts

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Consensus

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Consensus Algorithm

POW+DPOS

Anyone can spend 5 coins to register as a miner

Unregistered miners have no mining rights

DPOS nodes have the right to supervise, there is no reward for generating blocks

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Block generation speed

The default block size is 1M. The first chain generates a block every minute, that is, the block interval is 1 minute.

The block interval of a child chain is 15 / 16 of its parent chain. The deeper the sub chain is, the shorter the interval time is.

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Cross chain time

Cross chain data has a fixed life cycle. Through the relative time difference between reading and writing time, we can determine whether the record is reliable.

The synchronization time between the parent and child chains is 4-5 minutes.

The cross chain time is proportional to the distance of the chains (the position of the chain on the binary tree).

RoadMap