Want to get into some trading? Then this is what you need, DxChain. The DxChain is a huge data and machine learning network powered by a computing-centric block chain with a native protocol token. This platform is designed to connect the personal computers, as well as specifically designed miner machines, to facilitate easier data computation at lower costs. You can use this network as a platform for data exchange and also as a business intelligence analytics where you can store, trade and analyze data.
Now let us take a tour of the Top 5 features of this network and discover what does this gigantic network has to offer us.
The network has a new decentralized computing framework to introduce Probable Data Computing and Verification game. The verification game algorithm is designed with three main roles: solver, verifier and a judge. This interactive system can testify to the correctness of a computation procedure without wasting too much of power.
It has new chains-on-chain design, the three-chain structure to orchestrate a master chain and two side chains i.e., the Data side Chain and the Computing Side Chain. The master chain is incharge of maintaining transactions and based on experiences of Bitcoin and Ethereum, this chain is made immutable. The Side Chains are incharge of storage and computations. The DxChain team is also designing a chain-shortening algorithm which could perform the function of removing unused data to save the valuable space blocks.
The protocol provides a good control over the reliability of file access and also the design is unique assigning several roles to manage and schedule jobs which achieve the computational goal in a centralized parallel computing system.
The network incorporates Hadoop in its system as it is an industry proven big data and machine learning platform and a flexible and powerful architecture to support business data exchange and data analytics requirements. Since Hadoop is a centralized system but the DxChain network is designed in such a way that it adapts the Hadoop ecosystem to a decentralized environment. The Hadoop includes HDFS for file storage, YARN or MapReduce for job scheduling.
Built on the top of the network is a collection of tools to speed up the computation and analysis process and also additionally, machine learning algorithms facilitate more computerdriven tasks. The collection tools such as Pig, Hive, and Mahout is intended to be implemented for database operations and machine learning algorithms.
This smart network is a platform intended to be especially useful for decentralizing data, running and building distributed applications. It is better than networks such as the Bitcoin and the Ethereum with new innovative features and also that it provides miner incentives based on the usefulness of the work passively provided i.e., storage and computation, unlike the other networks which drive miners to large computations to maintain the block chain consensus.
The dream of decentralization is to avoid the monopolizing the usage of big data by huge companies like Google and Facebook who run big data tasks because of the existing consumer data and the users do not worry about the privacy since the data has been already used and seen by these companies. The idea is that if third parties can sell these data combined with the commercial data then advertising will be more accurate and customized.
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DxChain Website — https://www.dxchain.com/