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Understanding the technical implementation of the insertion document (POS) consensus in your own blockchain: Wizard for Main Nodes Implementors
As a practitioner of the blockchain developer, you have probably encountered the complexity of performing consensus mechanisms such as evidence of deposit (POS). In this article, we immerse ourselves into the technical implementation of the consensus mechanism after POS in our own blockchain and provide information on how to handle it as the main node.
Overview of Deposit Evidence
Evidence of the share (POS) is an alternative consensual algorithm that acquires traction in industry. Instead of demanding that miners deal with complex mathematical puzzles, POS relies on validators to “put” their own coins or tokens to participate in the validation process. This concept is simple but powerful: by suspending their assets, users demonstrate their commitment and motivate others to secure and verify the transactions in the network.
Own implementation of blockchain
You’ve already implemented the layer of your own blockchain using a reference to Githaub storage. This is an exciting development because it demonstrates your practical experience with basic technical aspects.
To provide a comprehensive understanding of POS in our own blockchain, we will focus on the following topics:
- Algorithm of the Validator and Consensation choice **
- Tasks and roles of validator
- Block reward and transaction verification
Algorithm of the Validator and Consensation choice **
With their own implementation of blockchain, validators are usually chosen through a process that includes a vote or random selection. The consensus algorithm used is responsible for determining a set of eligible validators for each block. Some popular POS algorithms include:
* Delegated proof of the share (DPOS)
: Validators are selected on the basis of their share, while users with higher discarding have more voting.
* Evidence of activity (POA) : Validators are selected based on their transaction activity, such as the number of transactions they have carried out.
ROOLS OF MESSAGE AND VALIDER
In their own blockchain, stakeholders have different levels of impact on the consensus process. The parties may participate in the validation process through one of the two tasks:
* Miner : responsible for dealing with complex mathematical puzzles to verify transactions.
* Validator : responsible for verifying transactions and creating new blocks.
Verification of reward and transaction **
In their own blockchain, the processes of block remuneration and transaction verification are critical components of the consensus mechanism. There is an overview of how these processes work:
1.
- Verification of transactions : Each transaction within the block verifies validators using its relevant roles.
- Validation of the block : The whole block then verifies all the parties involved, ensuring that the blockchain remains safe and up -to -date.
Calls to implement the main node
Implementation POS into your own blockchain may be complicated because of several challenges:
* Stand management : Managing the balance of internship and their allocation by a validator may be complicated.
* Tasks and responsibilities of the validator : Defining clear tasks and responsibilities of stakeholders can help ensure an effective consensus process.
* scalability and performance : Optimization of the consensus mechanism for high -performance networks while maintaining scalability is essential.
Conclusion
Understanding the technical implementation of evidence of the share in the area of your own blockchain requires a deep dive into the foundations of the blockchain. Moving the above concepts will be better equipped for implementation POS in your own blockchain project.