AICHAIN “POAI”Consensus Mechanism

AICHAIN
AICHAIN
Sep 1, 2018 · 3 min read

Four Core Advantages Subverts Consensus Mechanism

or will represent the future of the blockchain

Optimal Balance of Performance and Security Through AI

Four Core Advantages Subverts Consensus Mechanism

First of all, POAI has strong anti-attack capability and fast recovery capability to achieve high security.

Second, POAI maintains a high degree of decentralization while achieving high performance.

Third, POAI is able to automatically adjust the super node distribution based on changes in transaction distribution to maintain optimal performance at all times.

Lastly, the POAI screening mechanism can stimulate the healthy competition of all nodes and promote the continuing efficiency of AICHAIN.

or will represent the future of the blockchain

Regarding POAI, AICHAIN will consider two upgrade options in the future, one of which is fragmentation.

AICHAIN’s current test performance has reached the thousand-level TPS. If combined with the fragmentation technology, it will easily reach the 10,000-level TPS and become the strongest public chain.

However, AICHAIN has higher expectations for itself, so the AICHAIN team will focus on the second upgrade option: decentralized decision-making + centralized processing, which is an upgraded version of POAI.

The AICHAIN team believes that the cluster system is the most suitable option from the perspective of efficiency, so the AICHAIN AI team proposed a new idea: each node device which runs the AI program will form a distributed, decentralized arbitration network. The network does not process transactions, it is only responsible for arbitrating who is the only super node, and the transaction is handled by the selected unique super node, which is enough to compete with the centralized system.

Although AI technology is currently unable to meet the requirements of the program mentioned above, the solution is at least feasible in principle. Considering the speed of AI development, we will be able to see AICHAIN with a performance of 100,000 TPS in the near future.

As the first POAI consensus mechanism which applies AI, it will lead the trend of AI being used in the low-level technology of blockchain.

Optimal Balance of Performance and Security Through AI

AICHAIN pioneered the POAI (Proof of AI) consensus mechanism: low-level blockchain will be controlled by artificial intelligence which truly realizes “code is the law.”

POAI uses AI to select super nodes. The specific implementation path is to use AI machine learning method to statistically analyze historical block data, and to decide and select super nodes.

This process is entirely relying on the working result from each node under POW consensus mechanism. The AI algorithm performs algorithm analysis on the past blocks, calculates the contribution weights of each node, determines which nodes can be selected as super nodes according to the weight ranking. It is also determined by AI whether the original super node will go or stay according to the new ranking.

In this way, AI becomes part of the low-level consensus of the blockchain. Under this consensus mechanism, nodes are no longer controlled by people, and are completely maintained and scheduled by machines.

In addition, unlike the “representative system” consensus, there is no concept of “super node candidate” in POAI which means all nodes have the opportunity to participate in mining, as long as the accounting contribution is better than other nodes in the POW mechanism, the AI robot will analyze and select this node as super node.

Company name: AICHAIN FOUNDATION LTD.

Contact person: Ada

Country: China

Website: www.aichain.me

Email: contact@aichain.me

AICHAIN

AICHAIN

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