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Traditional proof-of-work (PoW), proof-of-stake (PoS), and other\u00a0<\/span>classical algorithms\u00a0require a fierce competition to determine who gets to be the final ledger writer. PoW competes on computing power, PoS competes on the amount of money one has, and PBFT has high\u00a0communication complexity\u00a0and only applies to\u00a0consortium chains\u00a0and private chains.<\/p>\n Is there a solution that can ensure efficiency while avoiding this pointless competition? This is where Paralism Buddy algorithm comes in. The\u00a0<\/span>Buddy algorithm\u00a0allows nodes that are related to business to form partnerships, confirm with each other, and generate consensus by finding the greatest common denominator. Ultimately, during the hyperblock stage, an\u00a0overall consensus\u00a0is formed, ensuring both efficiency and fairness in the whole process.<\/p>\n <\/p>\n Produce by Paralism\uff08www.paralism.com)<\/strong><\/p>\n Support\u00a0by hyperchain.net<\/strong><\/p>\n Official website\uff1a www.paralism.com<\/strong><\/p>\n Add Paranut Wechat and join our Wechat group<\/strong><\/p>\n The text is for your reference:<\/p>\n Buddy Consensus-Form a global consensus<\/strong><\/p>\n \u00a0<\/p>\n 1<\/p>\n Last time we talked about And the algorithm for the hyper block<\/p>\n In the parallel system<\/p>\n Is also just so special<\/p>\n \u00a0<\/p>\n 2<\/p>\n The one who invented the parallel blockchain<\/p>\n Also developed<\/p>\n The completely decentralized, the patented<\/p>\n Buddy Consensus<\/p>\n Which suites parallel blockchain system like no others<\/p>\n \u00a0<\/p>\n 3 PoW competes computing power, and PoS competes stakes Leaving outsiders no chance to have a say<\/p>\n \u00a0<\/p>\n 4<\/p>\n Parallel system<\/p>\n All-inclusive, massive data<\/p>\n If you really rely on competition to finally decide a ledger writing right<\/p>\n That\u2019s crazy<\/p>\n So, new approach is needed for parallel blockchain consensus<\/p>\n \u00a0<\/p>\n 5<\/p>\n So many businesses in a parallel system<\/p>\n Why bother to put together<\/p>\n As long as the relevant business can reach local consensus<\/p>\n Then they can be put into collection<\/p>\n To form the global consensus<\/p>\n This will work for a large scale parallel blockchain.<\/p>\n \u00a0<\/p>\n 6<\/p>\n Buddy consensus adopted this logic<\/p>\n Indicated by the name<\/p>\n Buddy consensus is all bout<\/p>\n Making friends The one who wins gets the right to write history!<\/p>\n \u00a0<\/p>\n 7 Among business-related nodes partner \u00a0<\/p>\n 8 Parallel business improves consensus efficiency<\/p>\n Permissionless participation and parallel block production for nodes ;<\/p>\n Node status equivalence<\/p>\n Avoid privileged nodes and waste of computing power<\/p>\n Complete decentralization<\/p>\n Suitable for parallel systems<\/p>\n \u00a0<\/p>\n 9<\/p>\n For more details,<\/p>\n Check out the white paper at<\/p>\n![\"\"](\"http:\/\/www.paralism.com\/blog\/wp-content\/uploads\/2019\/07\/1-4.jpg\")
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the one and only Hyper Block structure<\/p>\n
PoW, PoS and other classical algorithms
all involve competition \u00a0
to select the final ledger writer<\/p>\n
\u00a0PBFT is no better
It\u2019s permissioned fault tolerance<\/p>\n
Which totally contrasts with how sequential chain reach consensus<\/p>\n
Buddy algorithm, on the other hand
Is to form mutual consensus<\/p>\n
Then get the greatest common divisor of the recognition\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
\u00a0That becomes the global consensus
In the phase of hyper block<\/p>\n
This guarantees<\/p>\n