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Author Topic: New era of global blockchain finance, CelesOS testnet officially launched  (Read 115 times)
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April 17, 2020, 01:57:13 AM
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With the rapid development of blockchain technology, the core technology of the blockchain has evolved from 1.0 to 2.0. Consensus and optimization mechanisms such as POW, POS, and DPOS have emerged one after another. Currently, hot topics such as smart contracts, lightning network and Defi are also developing fast.

But there are still no good solutions to the technical problems inherent in the blockchain. For example, the current heavy speculation of RAM resources makes them stockout and expensive, causing frequent network congestion; the contract has no authorization function; it’s not possible to set the threshold for contract use in specific scenarios; the imperfection of the random number algorithm causes frequent attacks; problems like the waste of physical resources, the concentration of discourse power and the unavoidable "impossible triangle" under the consensus mechanism, restrict the development of industries with high frequency and concurrency that require regulatory needs like financial and blockchain industry.



https://preview.redd.it/tebblrq56pr41.png?width=900&format=png&auto=webp&s=3ffaba1491de9935e4abe0541d4b2100c6a15786
TESTNET RELEASE

 

CelesOS is born for financial blockchain
As the first DPOW financial blockchain operating system, CelesOS adopts consensus mechanism 3.0 to overcome the "impossible triangle", which not only achieve TPS and but also decentralization. Committed to creating a financial blockchain operating system that embraces regulation, and providing services for financial institutions and regulation bodies to develop applications on the chain, it defines the role of regulation bodies, and provide regulation agreement for consensus eco-system.

CelesOS’ advantages in innovation
CelesOS is committed to building a bridge between blockchain and regulatory bodies and financial industry. We believe that only by cooperating with regulators can the blockchain technology has a promising future. We believe in this and will make necessary contributions to achieve this goal.

According to different scenarios and settings, public chain, alliance chain and private chain can be developed on CelesOS.

CelesOS improves the consensus security and versatility of the original chain
1. A brand-new framework is designed to realize the decay of RAM with time on the blockchain and to affect parameters;

2. Realize the use of an equal account on the blockchain to implement the supervision contract authorization, which is characterized by inclusion of contract visitor and owner, whom is used to deploy the contract account;

3. The random number algorithm is divided into two parts: generating random numbers and checking random numbers. They are generated by all the nodes that generating block, and have strong credibility that are not easy to be predicted.

DPOW
DPoW, delegated Proof of Work, uses a dual mechanism of mining and agents to dig out the burning wood. By burning the campaign nodes, it can obtain packaging rights and rewards. This method combines the advantages of PoW (Proof of Work) and PoB (Proof of Burn), takes into account the decentralization and efficiency, enables CelesOS to achieve "decentralization", "scalability" and "security" while maintain high TPS of millions transactions per second to support enterprise-level decentralized applications.

At present, the launched Einstein testnet (hereinafter referred to as Einsteinnet) based on CelesOS blockchain operating system test network is mainly used for developers to test the developed smart contracts and verify the new functions of CelesOS.

Anyone interested can participate in the Einstein node network according to following node running documents and win early bird node test rewards.

Select the Einstein test network node
There are mainly the following types of nodes in the Einstein network:
Full nodes:Nodes that synchronously save all block data, and provide block synchronization service and RPC interface service for the public
BP nodes:Super nodes, top 21 with the most votes have the block generating ability
Logging nodes:Nodes that can log to win log and vote for BP
RPC nodes:Nodes that synchronously save all block data, and provide RPC interface service
P2P nodes:Nodes that synchronously save all block data, and provide P2P block synchronization service

Run the Einstein test network node
Recommended node configuration:

Full Node/P2P node recommended configuration for network access

CPU        Memory   Hard disk   Number   Network
4 Cores   16G          100G SSD    >=1           >=1Gbps

RPC node/Logging node recommended configuration for network access

CPU        Memory   Hard disk   Number   Network
4 Cores   16G           100G SSD    >=1           >=100 Mbps


BP node recommended configuration for network access

CPU         Memory   Hard disk   Number   Network
4 Cores   16G          100G SSD   >=1           >=1Gbps


Install through the installation package

$ wget http://developers.einstein.celeschain.io/config/celesos_1.0.0-1_amd64.deb
$ sudo apt install ./celesos_1.0.0-1_amd64.deb

2. Download the configuration file: download the config.ini and genesis.json files from~ / celesos / config and cd ~ / celesos / config

cd ~/celesos/config
wget http://developers.einstein.celeschain.io/config/config.ini
wget http://developers.einstein.celeschain.io/config/genesis.json

3. Run the following command to start the node:

nodceles  --config-dir ~/celesos/config --genesis-json ~/celesos/config/genesis.json --data-dir ~/celesos/data



Participate in the early bird node test

Reward: receive 100-1000 CELES test coins every day

Time: 2020/04/03-2020/04/28

Requests:

Successfully access the Einstein testnet

Synchronize the block to the latest height

Add CelesOS assistant WeChat, remarks node:CelesChain



What is the CELES test coin?
The CELES test coin is the basic asset used for governance, incentives and consumption in the CelesOS system.

To learn more about CelesOS node network, please visit

https://developers.einstein.celeschain.io/

CelesOS
As the first DPOW financial blockchain operating system, CelesOS adopts consensus mechanism 3.0 to overcome the "impossible triangle", which not only achieve high TPS and but also decentralization. Committed to creating a financial blockchain operating system that embraces regulation, and providing services for financial institutions and regulation bodies to develop applications on the chain, it defines the role of regulation bodies, and provide regulation agreement for consensus eco-system.

CelesOS team is committed to building a bridge between blockchain and regulatory bodies and financial industry. We believe that only by cooperating with regulators can the blockchain technology has a promising future. We believe in this and will make necessary contributions to achieve this goal.

📷 Website

https://www.celesos.com/
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