something new on the blockchain technology algorithm

[80jutaa]

I don't know where to write about this, but give me a minute.

I am very interested in Blokchain technology and I spent 1 year researching all of this. This research produced sweet results and I have found something very new related to Blokchain technology, such as the consensus algorithm problem on Blockchain technology, you surely know about validation on a particular transactions (Block) that result from complex and complex calculation processes.
yes, Due to the nature of the distributed blockchain, an algorithm is needed to reach consensus by sorting and formulating a problem (data) together. So that an authentic and valid result (hash) can be set or published into a (Block) in the Blockchain network.

I started thinking about developing something new like developing a Blockchain without (Block) in the future, and this is not really a blockchain, because there is no sequential chain connecting all the (Block). In fact, there are no (Block) at all, and transactions that occur on individual nodes do not need to be synchronized with the others.
on the other hand the way it works is quite unique because there is no need for miner rewards, and there are no transaction fees for end users. Transactions are confirmed through the (forward payment) process, where each new user confirms two previous transactions for their own transactions to be processed.
on the one hand Scalability will not be a problem, because the confirmation process of the two previous transactions can only be accelerated by an increased user base.
is there someone who wants to support me, for something new in the blokchain technology industry?

[allwelder]

I don't know where to write about this, but give me a minute.

I am very interested in Blokchain technology and I spent 1 year researching all of this. This research produced sweet results and I have found something very new related to Blokchain technology, such as the consensus algorithm problem on Blockchain technology, you surely know about validation on a particular transactions (Block) that result from complex and complex calculation processes.
yes, Due to the nature of the distributed blockchain, an algorithm is needed to reach consensus by sorting and formulating a problem (data) together. So that an authentic and valid result (hash) can be set or published into a (Block) in the Blockchain network.

I started thinking about developing something new like developing a Blockchain without (Block) in the future, and this is not really a blockchain, because there is no sequential chain connecting all the (Block). In fact, there are no (Block) at all, and transactions that occur on individual nodes do not need to be synchronized with the others.
on the other hand the way it works is quite unique because there is no need for miner rewards, and there are no transaction fees for end users. Transactions are confirmed through the (forward payment) process, where each new user confirms two previous transactions for their own transactions to be processed.
on the one hand Scalability will not be a problem, because the confirmation process of the two previous transactions can only be accelerated by an increased user base.
is there someone who wants to support me, for something new in the blokchain technology industry?

Seems you're describing the DAG.
Look for IOTA,you will get it,but still need some finality for the network.
In IOTA,some centralized nodes controlled by IOTA foundation to achieve such finality.

[Vitamin_52]

but while this is not working on this miners, when bitcoin will cease to mine most likely and will apply this technology to the payment chain for the transaction. but not in the next 10 years.

[magneto]

I started thinking about developing something new like developing a Blockchain without (Block) in the future, and this is not really a blockchain, because there is no sequential chain connecting all the (Block). In fact, there are no (Block) at all, and transactions that occur on individual nodes do not need to be synchronized with the others.
on the other hand the way it works is quite unique because there is no need for miner rewards, and there are no transaction fees for end users. Transactions are confirmed through the (forward payment) process, where each new user confirms two previous transactions for their own transactions to be processed.
on the one hand Scalability will not be a problem, because the confirmation process of the two previous transactions can only be accelerated by an increased user base.
is there someone who wants to support me, for something new in the blokchain technology industry?

It's not anything new.

There are already DAG coins which allwelder mentioned, including IOTA as one of the largest.

Unfortunately, it's not foolproof. The fact is that DAGs are much less reliable than blockchains still (I would challenge you to just try out IOTA's blockchain for a few days, see how many bugs and unfixed errors there are in terms of disappearing transactions, syncing issues, etc.), and can be significantly slower with less people using the network.

I'm holding a bit of IOTA right now, but it's really something that's high risk, high reward.

[kushti]

Changing blockchain structure or switching PoW to PoX brings new security assumptions, usually not well investigated.

[Del VT21]

but while this is not working on this miners, when bitcoin will cease to mine most likely and will apply this technology to the payment chain for the transaction. but not in the next 10 years.

Yes, the next block will be a new chain for payment systems, but the number of BTC supplies is still large and some crypto experts say that bitcoin stockpiles are estimated to be exhausted at the mine by 2040.

[allwelder]

Changing blockchain structure or switching PoW to PoX brings new security assumptions, usually not well investigated.

Seems so.

IOTA also used a tiny PoW for security and anti-spam.
Another DAG based coin,Nano also changed from DPoS to PoW recently for better security and anti-Spam.