Outstanding features of Enecuum

Trần Công Quyền
Nov 3 · 5 min read

Learn about Enecuum — the key features
Enecuum has started the testnet and confirmed that the HyperDAG and PoA demo versions are working as planned. To give you a better understanding of the technologies used in Enecuum and their role functions in the system. Let’s also refer to this article.

Enecuum- Blockchain of tomorrow

If you are an avid learner of blockchain programming and other technologies behind cryptocurrencies, you may find that the motif of the development process of projects revolves around an issue that is “analytics. error ”(to improve from there).

Looking at projects considered to be the “new Bible” of the blockchain industry such as Tezos, EOS, even Universa, it’s easy to pinpoint the key point of these projects: the idea: how to improve or improve them. created from existing platforms from the “holy duo” Ethereum / Bitcoin. In most cases, projects will focus on a few small improvements, others will make a big difference to one flawed aspect of old projects (for example, scalability). .

Today, it is important that we learn about a groundbreaking new project that helps to reevaluate traditional blockchain projects, as opposed to many small bitcoin forks. Thanks to thorough due diligence from the experience of previous projects, the rate of innovative ideas has increased significantly and this number seems to be a quality breakthrough in the industry.

Moving on to the next idea, we need to mention a hybrid blockchain — the fifth-generation blockchain Enecuum, the project that includes the best ideas in the blockchain field, in contrast to the majority of “revolutionary” projects. ”Another project is almost ready and their mainnet will be rolled out in a few months.

In this short article, we will analyze the key innovation elements that Enecuum brings.

1. Network performance issue:

There are currently two main approaches to recording transactions: recording transactions in distributed ledgers, in blocks (as in bitcoin, Ethereum and many other blockchains), the second is recording in transactions. Directed Acyclic Graph (DAG) model as in IOTA, Byteball or Universa.

The advantage of the first method is the security achieved by applying 100% local register mirror to all network nodes. On the other hand, using such a mechanism would invisibly create limits on network speed and scalability.

The other completely different approach is DAG, there is no block, and all incoming transactions will have to be linked to one or several previous transactions and must confirm them. This register or ledger system will be able to handle a large number of transactions. However, their safety is a matter of public concern.

Enecuum is a perfect combination of both approaches, creating a whole new way of recording transactions, this new method is HyperDAG. The most difference between HyperDAG and DAG is that transactions entering the system will link not only to previous transactions but also to the whole group containing those transactions (included in the block). As a result, HyperDAG successfully combines the advantages of both methods and simultaneously solves the shortcomings of both — processing thousands of transactions per second and having a very high level of security against these types. attack.

2. Concentrated capacity of excavation process and safety level:

The concepts of security and decentralization for blockchains are almost synonymous. If we say security, it also means that we are all about decentralization and vice versa.

It is easy to trace today that the level of concentration in Bitcoin’s POW mining process is gradually increasing. On the one hand, the digging process will result in areas with cheap energy. On the other hand, the cost of mining is increasing significantly due to the demand for computational power and gradually, only large facilities will stay. Choosing PoS is even more risky than allowing any major investor to gain control of the network (or carry out some schemes). All centralized risks can cause political turmoil (for example, bitcoin mining in China may be embargoed, leading to an “ice age” situation that prolongs hardship and technical risks such as the source of attack 51%.

The combination of 3 mechanisms of POW, POS, POA in Enecuum allows the system to achieve the maximum level of decentralization in two aspects: not only geographically but also decentralization between different types of devices such as in relation to social groups and thus making hybrid digging methods available to the general public. Furthermore, the availability of a chain of statistics that collects and analyzes information about the state of the blockchain creates more automatic feedback and protects the system from risks, actively balancing the level of influence of its members. , the category of digging for consensus.

As a result, Enecuum’s blockchain derives a solid foundation from ensuring decentralization is ensured safely by algorithm.

3. Simplicity and security of smart contracts:

Ethereum has made smart contracts a standard of modern blockchains. However, the implementation of the first smart contract application has received mixed arguments. On the one hand, Ethereum adopts a new and quite complex programming language, Solidity.

On the other hand, implementing the EVM virtual machine creation system in a decentralized environment can lead to serious errors (especially because we cannot change the contract once it has been put into operation on the blockchain). Events like The DAO project almost become a failure example, not a problem anymore. Another obvious consequence of this technology is the significant performance degradation for complex smart contracts.

Enecuum responds to the 2 challenges that Ethereum faces with the following solutions.

For the creation of smart contracts, the Enecuum blockchain uses the JavaScript programming language, and the V8 standard from Google becomes the virtual machine design to implement smart contracts. An easy-to-understand and popular creation environment for most programmers will make the blockchain application process practical and fast. A popular language like JS makes product programming (for businesses) less costly. Besides, it is easy to find experts in the field of programming.

Regarding smart contract design, Enecuum also applies two types of separate contracts:

<< Easy level >>, will only include simple mathematical formulas based on linear logic for business called SHARNELL. This fully linear logic is fully predictable allowing for elimination of attack risk. Contracts like these are perfectly suited for making the most common transactions — such as mulsig (multi-signature), escrow (margin trading), and the like. In the first blockchain version, these smart contracts will be created with the help of a graphic editor based on Petri net pipe charts.

<< Difficulty level >>, there is a code designed to handle more complex requirements such as scientific calculations and teaching neuro networks. These functions will be conducted in a separate blockchain area, access to these areas will have to pay ENQ for a specified price.

4. Maximum flexibility and multi-purpose features:
In our perception, a good blockchain is a blockchain that allows easy and quick implementation of any standard function without creating hard forks and improving the system. Therefore, in Enecuum there are the first capabilities for expansion and customization.

Here are just a few typical properties:

  • Create sidechains that include individual settings (for example, the node feature and the number of blocks for each chain (chain) separately);
    - Availability of token regions (incognito trading mode)
    - Platform ready for creating an ICO
    - Maximum network scalability, as well as other capabilities for adapting and modifying the effectiveness of available tasks and workloads
    - The ability to apply smart contracts << Difficulty level >> in centralized areas allows complex calculations (requires high computing power and does not include workload on Enecuum main chains);
    - Store decentralized information
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