EktaChain Mainnet — everything you need to know about the blockchain powering Ekta

Ekta_io
Ekta_io

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At the foundation of every great crypto project is a fully developed blockchain mainnet. In this article, we’ll break down the details of Ekta’s independent blockchain to give you a better understanding of the infrastructure that powers our ecosystem.

Hyperledger Besu

The first thing you need to understand is that the EktaChain Mainnet is based on Hyperledger Besu technology, an open-source, Java-based Ethereum client, that operates on the public Ethereum network.

Ethereum client — software applications containing Ethereum Virtual Machine (EVM) protocols. This software ensures data is accurately captured and securely stored.

Besu implements Enterprise Ethereum Alliance (EEA) specifications allowing it to operate on both the public network and private networks. By fully utilizing the power of Hyperledger Besu, Ekta can significantly improve the performance, efficiency, and employment of business processes.

Proof-of-Authority (PoA) — QBFT (Quorum Byzantine Fault Tolerant) consensus mechanisms

As mentioned in a previous article, Ekta implements Proof-of-Authority (PoA) — QBFT (Quorum Byzantine Fault Tolerant) consensus mechanisms, an adjusted version of the PoS consensus mechanism that requires minimal computing power. QBFT is a robust consensus mechanism that supports features like pricacy and permissioning. Below is a table highlighting the other features that convinced the Ekta development team to QBFT.

EktaChain Mainnet features

This foundational technology allows the EktaChain to host a wide range of features:

Proof of Authority — Proof of Authority (PoA) is a consensus mechanism that requires a validator to stake their reputation. PoA is highly efficient for private networks due to a relatively limited number of validator nodes and high throughput capacity.

Ethereum Virtual Machine — EktaChain is compatible with the Ethereum Virtual Machine (EVM), a quasi–Turing-complete computation engine that manages the rollout and execution of smart contracts on the Ethereum blockchain.

Permissioning — As a permissioned network, EktaChain authorizes only specified accounts and nodes for participation.

Monitoring — EktaChain blockchain allows for the monitoring of node and network performance (Prometheus and Grafana) while utilizing JSON-RPC API to send transactions to nodes.

Storage — EktaChain utilizes RocksDB, an embeddable persistent key-value database that ensures data is categorized into two sub-categories namely Blockchain data and World State data.

P2P Networking — By utilizing Ethereum’s devp2p networking protocols, EktaChain can facilitate communication between clients.

User-facing APIs — EktaChain provides mainnet Ethereum APIs and EEA JSON-RPC APIs supporting WebSocket and HTTP protocols. These APIs support Ethereum functionalities such as Ekta on-chain minting (smart contract development and decentralized application (DApp) development.)

To learn more about the EktaChain Mainnet, visit our website at ekta.io or go to https://resources.ekta.io/ekta-whitepaper-v2/ for more in-depth details.

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Ekta_io
Ekta_io

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