LOCUS CHAIN “Enterprise Mainnet” Launching
* What is Locus Chain’s Enterprise Mainnet?
The Enterprise Mainnet of Locus Chain is a platform that allows the companies which desire to adopt the blockchain system to create and use the enterprise token without separately developing or forming the blockchain network(node), and makes it possible to validate the data integrity through the Enterprise Mainnet.
* What is token issuance/using platform?
Just like how ERC20 in the case of Ethereum uses the protocol which allows for easy token issuance and usage, Locus Chain also allows for simple issuance and use of new tokens. The benefit of utilizing the mainnet of Locus Chain to issue and use the token is that compared to the existing blockchains like Ethereum, it demonstrates exceptionally remarkable performance. In the case of tokens issued by using the existing blockchains, it was difficult to practically use the issued tokens in real life due to size, network load, and other issues. However, the tokens that become issued on the mainnet of Locus Chain for usage provides the amount of performance that does not cause problems when used in real life situations.
* What is the forging and manipulation validation function?
One of the main benefits of blockchain is its ability to create reliable data due to the difficulty in forging and manipulation of data. Unlike the existing client-server structure, the blockchain system uses the mathematical hash function to bind the data in the form of chains and then become shared on all of the computers(nodes), so it practically becomes impossible for the hackers to forge and manipulate the data. Due to this reason, most of the projects that are currently in progress are making efforts as trials to directly input the data in the blockchain ledger instead of in the DBMS(Database Management System), but it appears this kind of method will make it difficult to create good results. This is because in exchange of earning the benefit of making it difficult for the existing data to become forged and manipulated, performance including the speed of service and others will inevitably decrease.
In order to resolve these problems, Locus Chain has been able to develop the technology that can manage the formation of hash values which allows to make judgments on whether or not the data has been forged and/or manipulated while recording the data on the existing DBMS instead of directly recording the data on the blockchain ledger. Of course, this technology can be developed by anyone if it is a blockchain system. However, the technological superiority of Locus Chain lies in that even if numerous companies use this function to utilize Locus Chain’s mainnet, it does not slow down, the processing speed can be maintained, and many nodes can be operated easily because it can be managed so that the ledger data size does not increase. The stability of blockchain system strengthens if there are more number of nodes participating in the network.
* What is Verifiable Pruning that becomes used in the forging and manipulation validation function?
‘Verifiable Pruning’, which is a technology made for the purpose of resolving the problem of the increasing ledger size of the blockchain system, allows for the system to hold the data structure that makes it possible to later prove the authenticity(true/false) even if the data has been deleted in the ledger and thus, has been able to drastically reduce the ledger size. This technology is currently going through the patent application process.