Thingschain Radiating Block Graph Visualizer Testing Version

Things Chain
thingschain
Published in
2 min readSep 19, 2018

Radiating block graphs are similar to DAGs. A DAG is a finite directed graph with no directed cycles. It consists of finitely many vertices and edges, with each edge directed from one vertex to another.

The key structure which makes DAGs work is a Tangle. The Tangle is a particular kind of directed graph, which holds transactions. Each transaction is represented as a vertex in the graph. When a new transaction joins the tangle, it chooses two previous transactions to approve, adding two new edges to the graph.

Radiating Block graphs also work on a similar concept with multiple nodes and directed connections between them.

  • RBG is the main technology of webchain.
  • Compared with the narrow blockchain technology (Bitcoin, Ethereum, …), RBG technology has its own innovations. In theory, it can achieve high scalability and high decentralization without considering the evil situation.
  • Thingschain with RBG technology can not be 51% attacked because of its special Multi-layer blockchain mechanism.
  • RBG projects tend to operate in a decentralized manner, which reduces the degree of decentralization to improve safety.
  • Using more than 400-node network (can increase in the future) based on VPS to conduct a trading stress test on a representative project Thingschain, TPS can reach up to 500 Million in Testnet version.
  • At the same time, in order to maintain good transaction processing capabilities, a network of nodes of sufficient scale should be established.

More information about Radiating Block Graph in the video:

  • Succeed Block: The validation process of the block has succeed.
  • Fail Block: The validation process of the block has failed.
  • Confirmed: The validation process of the block was confirmed by 2 other blocks.
  • Unconfirmed: The validation process of the block was confirmed by only 1 block.
  • Tips: Blocks are waiting to be confirmed.

Thingschain: Step out Line — Step in Chain

--

--