Overview of CyberVein Project
In the development of blockchain technology, there are three modes: public, alliance and private, each of which has its own characteristics. The development of the public chain is mainly based on the establishment of a more free, highly anonymous and anti-audit system; The establishment of alliance chain and private chain is the standard of establishing admittance system, identity authentication and limited privacy protection for users and maintainers. In essence, the establishment of public chain is an open, Shared attitude, as well as low-cost because of the participation of more decentralized facilities to maintain, while also being more world-class market oriented; The establishment of alliance chain and private chain is from the most simple control-ability, with a multi-center model with high input and low return, which is often faced with a regional or local market of low magnitude.
CyberVein was founded at the beginning of a world class structure, and is a public link to open to the world. CyberVein is made to integrate the form of data economy in various aspects with the block chain technology as the core. Blockchain is the essence of a variety of technology integration into a State of a synchronous Machine (State Machine), using the characteristics of block chain technology to solve problems which cannot be solved in a traditional network. CyberVein also need to fully consider the model in the process of economics, architecture of applied mathematics, computer hardware and software technology. Its main purpose is to use the block chain technology to successfully serve the problem solving product/platform (BASS).
Through the analysis of the problems encountered in the design process of the existing blockchain technology, we also propose solutions to these problems. CyberVein is a framework based on DAG and contains a programming language, the virtual machine, new smart contracts to build ecological chain system, the underlying blocks dedicated to and from the aspects of technical level and business level to solve the problem from the data value of the information age.