Bitcoin and Ethereum are the world’s two most well-known blockchains, and yet while anyone can tell you what they’re worth, very few can tell you how they perform. In short, both of them perform with transaction latency that makes it impossible to use them at scale for the applications many hope they’ll be useful for one day.
BlackPearl.Chain - BPLC TOKEN
That’s why BlackPeal.Chain has decided that the time is now for the release of their high-performance third-generation public blockchain. BlackPearl.Chain has performed a long term audit of existing public chains including BTC, ETH, ADA, NEO, ONT, and has found that they all fall victim to the impossible triangle problem. The impossible triangle states that all blockchains currently fall to either security, decentralization, or performance compromises in order to bolster another facet of the chain.
To imagine the impossible triangle problem, think of the way a chain like EOS scales its transaction throughput. It sacrifices decentralization by concentrating nodes to increase their blockchain’s transaction-per-second performance. Doing so sacrifices security as the compromise of fewer nodes is theoretically easier than it is when nodes have numerous distribution.
Problems & Solutions
BlackPearl.Chain has solved the impossible triangle problem by constructing an original consensus mechanism known as VRF that departs from the proof-of-work model used by both BTC and ETH.
The team at BlackPearl.Chain understands the demands of tomorrow’s blockchain systems and has accordingly outfitted BPLC with: A three-layer sharding technique, Threshold encryption, Super secret private key, Multi-dimensional routing, IPFS storage, Neuron node management.
These original innovations allow BPChain to carry at-scale commercial applications regardless of how much demand they put on the chain. Moreover, BPChain keeps gas fees extremely low to ensure that industry blockchain applications are not only enticing, but are financially feasible enough to make sensible alternatives to the current status quo.
Fully Scalable with Intelligent sharding
BPChain has an innovative three-layer sharding design that completely solves trust issues between shards. It also provides asynchronous sharding consensus and inter-shards communication. The AI-capable loading balance algorithm of data collection and distribution can automatically complete sharding and merging. This feature enables BPChain's performance to exceed the performance of the centralized server. The performance of the public chain can be infinitely improved by this breakthrough.
Secure and Fast Consensus
BPChain implements VRF lightning fast consensus. Its unique VRF implementation randomly selects current round of voting nodes achieving pioneered lightning consensus within a short time of about 0.3 seconds - 3 seconds.
Computing power reduction
An App forms the node in BPChain system. This technology fully organizes and utilizes the global idle computing power and bandwidth that enables building of powerful computing and storage capabilities without incurring extra huge expenses on professional mining machines. Users can install BPChain wallet to participate in consensus and block production.
Improved Network Performance
The technology has a super-routed P2P broadcasts that enable current home broadband to achieve up to several thousand Single-Shard TPS. The measured TPS peak is 5730 at current broadband conditions.