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Author Topic: [ANN] Vreath - The New Consensus Algorithm Makes CryptoCurrency Easily Available  (Read 228 times)
SoraSue
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December 20, 2018, 12:05:05 PM
Last edit: December 20, 2018, 02:11:19 PM by SoraSue
 #1

Vreath

The New Consensus Algorithm Makes CryptoCurrency Easily Available

What is Vreath?
 Today there are high hurdles to get cryptocurrency at first and use blockchain.
Vreath, our new public blockchain system with virtual machines, solve this problem.
Its original consensus algorithm Proof of Unit share fees among all miners by measuring not only the largest hash power but also small one.
Moreover, it achieves both security of proof of work and rapidity of proof of stake.
Even smartphone users having no cryptocurrency can get mining fees with Vreath.

 We also invented four scalability solutions: Parallel verification, NGV, Sharding and Child chains.
Parallel verification reduces costs of state transitions by executing smart contracts parallelly.
NGV and sharding grow block capacity of the main chain with high security and decentralization.
Child chain realizes any state transitions on trustful chains with main chain security level.

 Vreath aims to bring everyone cryptocurrency and become the largest value platform in the world.
You can circulate any value on Vreath and anyone can access them without any hurdles.
All people bring value breath to society.

Vreath Founder
Sora Suegami

I am a Japanese high school student.
I began this project since January this year.
I want to make cryptocurrency and blockchain common technology.

Links
[whitepaper] https://github.com/Vreath-core/Documents/blob/master/Vreath_white_paper_2018_12_19.pdf
[Github] https://github.com/Vreath-core
[Twitter] https://twitter.com/VreathCore
[Discord] https://discord.gg/86Zgpdy


 
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SoraSue
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December 20, 2018, 12:38:45 PM
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Please let me know if you have any questions.
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December 20, 2018, 02:15:58 PM
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Thank you very much for your interest in our blockchain.

I added discord page url.
https://discord.gg/86Zgpdy

I would be grateful if you could join our discord channel.
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December 21, 2018, 04:51:32 PM
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Our new consensus algorithm, PoU, is the hybrid of PoW and PoS.

First, miners parallelly solve mining problems and make "units" to report their nonces.
Units prove their works.
Second, validators buy units, remitting their VRTs(native token in Vreath) to miners.
Validators can make new blocks and the probability depends on their unit balances like PoS.
The validator who buys many units from miners can make blocks easily.

Therefore, miners need not VRTs but hash power.
A user with no cryptocurrency can get it by parallel mining.
In this way Vreath will bring cryptocurrency to everyone.
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