Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Ex-chief Scientist Of Microsoft Research Group Joins Light Chain

Ex-chief Scientist Of Microsoft Research Group Joins Light Chain

Kelly Cromley by Kelly Cromley
Apr 9, 2018
in News
Reading Time: 3 mins read
0

LightChainLight Chain (LIGHT), designed to be the world’s first double-layer chain, announced that Leo Chen, a chief architect and a former chief scientist of the Microsoft Research Group of Asian Institutes, Li Huahong, a former senior architect from Qihoo 360, and Li Kun, a former senior architect from Microsoft Corp., have joined the core technology team.

These three big architects have led the development of a number of world-renowned large-scale data storage and processing systems. As the key science and technology forces in the industry, they are not only technologically experienced in JAVA, C++, irreversible algorithms, asymmetric encryption algorithms, Merkle trees, CAP theory and others, but also in project development and management.

RelatedPosts

GIBO Launches USDG.net to Boost Blockchain Payments for Creators

PREH Launches $100M Fund to Tokenize U.S. Real Estate

Big Hair Unveils $BGA Token to Bridge Beauty and Web3

Sony and Bandai Namco Launch Gaudiy to Drive AI and Web3

What is Lightchain?

LightChain is different from all the blockchain technologies on the market. Light pioneers the double-chain technology composed of parent chain and child chain. This pioneering technology is created by a research and development group made up of more than 40 blockbhain experts and engineers through 3-year intensive research and hard works and is of epoch-making significance. It gives a revolutionary solution in view of the weakness of the existing blockchain technologies and also gives a solid technical foundation to the large-scale application of blockchain technologies in realistic scenarios.

The LightChain does not only reserve the core decentralized characteristics of the blockchain, but also further improves the transaction speed and guarantees security, which accordingly makes it greatly possible for the pilot application of LightChain in finance, insurance and other industries. It can thus be seen that the emergence of optical chains is expected to create a “value Internet” and promotes the entire economic system to achieve technological change, organizational change and efficiency change.

LightChain is a type of bottom chain technology, related to Blockchain, which perfectly solves the problem of low industry performance and TPS (transaction per second, i.e., the speed of handling requests) using the world’s first two-layer chain architecture. LightChain can achieve system performance of over 10wQPS and its emergence signifies the official entry into the millisecond transaction era of the blockchain industry. LIGHT network is composed by one prime-chain and numerous sub-chains.

Need for Light Chain

Currently, the Bitcoin transaction cycle is about 1-3 hours while the Ethereum transaction cycle is about 10 minutes, both of which would lead to the failure in realizing the “real-time handshake scenario”, meaning Blockchain is not able to be applied to the community on a large scale.

Under this context, in order to effectively maintain the core functions of Superbook, prevent records from being tampered with and destroyed, and achieve system performance above 10wQPS, a new revolutionary Blockchain – LightChain was established. LightChain will also bring the transaction speed into the millisecond era.

Scalability solution offered by Light Chain

LightChain is a two-layer chain technology, with one and only one prime chain, as well as one or more sub-chains independent of each other and arbitrarily expanding. Similar to the traditional public chain, the prime chain ensures that the records cannot be tampered with and destroyed and become transparent to the public, through distribution. Based on the Proof of Machine (PoM) validation method together with the In-Memory database cache, the performance of sub-chains are greatly improved.

The transaction record periodicity of sub-chains keep pace with that of the prime chain, such as 1 hour, 6 hours or 1 day, etc., to ensure that the prime chain has the complete transaction records of the entire network. The synchronization process is packaged through batch update. The records in the package have been checked in sub-chains, and thus the prime chain can update directly without checking.

LightChain also has a huge advantage in flexibility, and can be applied to all kinds of application scenarios.

Previous Post

Apple Prefers W3C Interledger For Web Trnx – Ripple Loves, Visa Hates!

Next Post

Rockefeller VC Arm Follows Soros To Join Crypto Bandwagon

Related Posts

gibo launches usdg.net to boost blockchain payments for creators

GIBO Launches USDG.net to Boost Blockchain Payments for Creators

by Kelly Cromley
May 13, 2025
0

GIBO Holdings Ltd., a key player in Asia’s AI-generated content (AIGC) streaming sector, has introduced a blockchain-based payment engine, USDG.net—also...

preh launches $100m fund to tokenize u.s. real estate

PREH Launches $100M Fund to Tokenize U.S. Real Estate

by Kelly Cromley
May 13, 2025
0

Patel Real Estate Holdings (PREH) has initiated a $100 million fund dedicated to tokenizing real estate assets on the Chintai...

big hair unveils $bga token to bridge beauty and web3

Big Hair Unveils $BGA Token to Bridge Beauty and Web3

by Kelly Cromley
May 13, 2025
0

Big Hair, a well-known name in the beauty industry, has officially stepped into the Web3 arena by launching its native...

sony and bandai namco launch gaudiy to drive ai and web3

Sony and Bandai Namco Launch Gaudiy to Drive AI and Web3

by Kelly Cromley
May 13, 2025
0

Sony and Bandai Namco have jointly launched a new startup named Gaudiy, with a focus on harnessing emerging technologies such...

bitget and superteamcan boost web3 innovation in toronto

Bitget and SuperteamCAN Boost Web3 Innovation in Toronto

by Kelly Cromley
May 13, 2025
0

Bitget has joined forces with SuperteamCAN to invigorate the Web3 development landscape at the ongoing Solana Startup Village in Toronto,...

gate.io unveils alpha to streamline web3 token trading

Gate.io Unveils Alpha to Streamline Web3 Token Trading

by Kelly Cromley
May 13, 2025
0

Gate.io has introduced a significant upgrade to its MemeBox feature, rebranding it as "Alpha" in a strategic move aligned with...

Next Post
Rockefeller VC Arm Follows Soros To Join Crypto Bandwagon

Rockefeller VC Arm Follows Soros To Join Crypto Bandwagon

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • blackrock invests in colle web3

    COLLE: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • XRP Ledger Embraces Precious Metal-Backed Stablecoins with Meld Gold Partnership

    by Kelly Cromley
    Oct 2, 2024

Recent News

gibo launches usdg.net to boost blockchain payments for creators
Market News

GIBO Launches USDG.net to Boost Blockchain Payments for Creators

by Kelly Cromley
May 13, 2025
preh launches $100m fund to tokenize u.s. real estate
Market News

PREH Launches $100M Fund to Tokenize U.S. Real Estate

by Kelly Cromley
May 13, 2025
big hair unveils $bga token to bridge beauty and web3
Market News

Big Hair Unveils $BGA Token to Bridge Beauty and Web3

by Kelly Cromley
May 13, 2025
sony and bandai namco launch gaudiy to drive ai and web3
Market News

Sony and Bandai Namco Launch Gaudiy to Drive AI and Web3

by Kelly Cromley
May 13, 2025
bitget and superteamcan boost web3 innovation in toronto
Market News

Bitget and SuperteamCAN Boost Web3 Innovation in Toronto

by Kelly Cromley
May 13, 2025

Categories

  • Altcoin News
  • Analysis News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market News
  • News
  • Ripple News
  • Solana News

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree