What is DeepBrain Chain $DBC| Multichain Blockchain | AI Machine Learning Powerhouse | Binance When?

2,899 Views · Posted 6 years ago
https://www.deepbrainchain.org/
https://t.me/deepbrainchain
--DeepBrain Chain $DBC--
Of course DeepBrain is focusing on artificial intelligence, but DeepBrain Chain is aiming to become THE deep learning machine for the AI industry.

--Moving away from NEO--
DeepBrain has decided to move away from the Neo Blockchain $NEO to their own blockchain. They will continue to partner with NEO, and provide computing power through its platform, also utulizing the NEO Virtual Machine and smart contracts, as well as provide services for NEO dAPPs in the future.

--Consensus Mechanism--
You would think DeepBrain is a proof of work consensus (POW) since there is mining, but actually its a hybrid mechanism of proof of importance (POI) and delegated proof of stake(POS). The idea behind proof of importance is the more you benefit the network, the more you should be rewarded. Each address is given a trust score, and by being active on the network it goes higher, which means more of a chance of getting a reward. Delegated proof of stake, is defined by a number of delegates who process blocks and get rewards based on voting weight from the network.

--Multichain Framework--
To achieve scalability in the future, DeepBrain has a multi-chain framework with additional working chains. The mainchain contains the schema definition of each working chain, leading to an unlimited number of working chains. Each of these working chains comprise of sharding blockchains, and each shard has it’s own consensus node. This will allow the network to achieve parallel processing and scale to millions of transactions per second.

--DeepBrain Mining--
The mining mechanism of Deepbrain chain is very clever. 70 percent of the miners revenue comes from the mining pool mentioned above, while 30 percent comes from the cost of computing from the users of the platform. For the 70 percent mining revenue, each miner is rewarded based on the ratio of total power they contribute to the overall network. By employing this dual mechanism, the chain maximizes the interest of the miners and the users.

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