CYC is a digital asset trading platform based on the architecture of blockchain technology and using distributed smart contracts. With a decentralized structure, it directly organically links the constituent molecules of the entire digital ecological chain to realize the direct connection, lossless circulation and safe storage of individual values. Through the CYC underlying ecology, global blockchain developers and global users will be able to convert the value they produce into their own income and circulate in the ecology in the form of a token CYC.
1. The operation of CYC decentralized autonomous economic system ensures the optimal allocation of resources in the entire ecosystem.
Consensus mechanism. The enhanced SH-DPoS (Self-Healing DPoS) consensus algorithm optimized by the CYC technical team can increase the self-healing properties of the DPoS algorithm, which not only guarantees the irreversible foundation of chain data, but also achieves the purpose of improving query efficiency and saving storage space .
Decentralized computing power cluster. At present, the block production speed in the industry is relatively restricted by the consensus agreement. After the consensus is optimized, the CYC ecology can produce blocks in seconds through the SH-DPoS consensus. Driven by technology, it has reached the forefront of the entire industry. The full name of the DCC adopted by CYC is DECENTRALIZED COMPUTING CLUSTER, that is, in the form of a decentralized distributed computing power cluster, it efficiently completes the logical calculation and interactive services in the CYC ecological operation and breaks through the existing blockchain technology.
Data interaction inside and outside the chain. In the CYC circular ecosystem, based on the autonomous operation of various ecosystems on the chain, the external data generated by some links in the CYC transaction service needs to interact with the smart contract on the CYC circular ecosystem, and then participate in the CYC decentralization process System. The CYC oracle machine will undertake the function of obtaining and validating information, and map the results to the smart contract.
2. The collaborative efficiency of the CYC open service system is double-enhanced to promote the balance cycle of system assets.
Resource storage and indexing. The scalability of CYC is realized by the mechanism of main and side chains, the unique main and side chain Merkle Tree index, efficient processing of multi-chain structure, information transmission between side chains supports cross-chain cooperation. The main network is the hub of information interaction, and the side chain is solely responsible for a certain sub-domain, such as digital content storage, copyright verification, content distribution, etc., will all run on the side chain.
Parallel PBFT algorithm. In the standard PBFT consensus algorithm, the package verification transaction and the verification transaction are respectively the operation of the leader node and the follower node to confirm the transaction. This is the most time-consuming link in the entire consensus process. CYC adopts BCOS to improve the PBFT calculation method to achieve The two steps of packaging and verifying transactions can be carried out in parallel, which greatly improves the speed of consensus.
5G communications. 5G technology breaks up the scene from the top. The mutual nodes confirm and distribute the rights on the blockchain, and are completed by smart contracts. "CYC whole network + 5G" will be able to realize information transmission "carriage into car" (decentralization, smart contract, automatic confirmation, point-to-point transmission, encryption algorithm + high speed, low latency, low power consumption, full coverage, Geometrically increasing data.
3. The new design of the CYC circular ecology and the token economy and governance mechanism will promote the qualitative change of the entire digital asset circulation field.
Sharing of the token economy. Based on the CYC equity certification circulation mechanism, the platform provides users with an innovative design of "POW+POS" in order to form positive incentives for community members, thereby boosting the healthy development of the CYC cycle ecology. It is worth mentioning that the CYC coin is the native token of the CYC circular ecosystem. It is used to pay for withdrawals, transfers, handling fees, consumption, etc. throughout the entire CYC circular economy ecosystem, allowing investors to move to zero transaction costs forever Profitability, and the smooth operation of financial projects through the triangular economic model.
Autonomy of governance mechanisms. Different from traditional digital asset trading platforms, CYC practices the revolutionary concepts of “revenue sharing”, “platform sharing”, and “community co-governance” with users. Every CYC holder has the right to make decisions on various matters. CYC has created a circular economy ecosystem dedicated to CYC based on the 3R principles of Reduce, Reuse, and Recycle. CYC uses the DPOS mechanism to generate Tokens, so as to combine the concept of circular economy reduction and reduce resource usage from the input end from the source, thereby reducing the end output
The CYC cycle ecology is technically a master of decentralized design. On the one hand, it relies on the advanced commercial structure to provide the participants of the system with continuous profitability and lightning fission capabilities; on the other hand, it relies on the powerful underlying technology to provide the ecosystem The co-builder provides an excellent development environment to ensure 100% of the spare assets in the system. In the future, the CYC circular ecology will promote a lightweight independent alliance station construction system to provide efficient and safe technical support for the alliance station. To achieve a comprehensive transcendence from technology to model to ecology, and the integration of high-speed fission circular economy models, so that the value generated by user labor can be stored forever.