CUBE CHAIN - AI Agent and P2P Transaction Marketplace Messenger

May 12, 2018

When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is a enormous base of information where we can do anything. Internet has connected the entire world. One of these projects is Cube Chain, which can be a combination of parallel processing and functional blocks to extend the functional elements of the database through the concept of a cube instead of a block.

The development of Cube Chain will show various online services that require the developed block-chain source technology to issue the encrypted currency and require the public database.

FEATURES OF CUBE CHAIN

The features of the cube chain are listed below, these features help for faster data processing, search and organise data, securely process data using encryption keys and so much more. The first in my list is the

Cubing: It means Cube making technology that collects 27 blocks into one Cube. The 24 blocks that record the transaction book and the 3 special blocks that occur at the same time as the cubing process are merged together to create one cube.

At the same time as the data block is created, the cubing proceeds and the generated cube creates another hash value. All subsequently written books will continue to create a cube, and the Hash value will connect Cube to Cube. This is the first verification that occurs when the blocks are connected, the second verification that occurs when the cube is connected, and it has much stronger encryption technology than the existing Blockchain.

Cubing leads to the creation of special blocks known as the indexin block, statistics block and the escrow block.

Indexing Block: It helps you to organize and search the data at a glance, so you can quickly implement a specific transaction, electronic wallet list.
Statistic Block: Statistical value of all data can be sorted by purpose, and service of useful statistical data can be processed.
Escrow Block: Allows you to securely process transactions without intermediaries by securely adjusting the authorization process of senders and recipients using approved encryption keys.
POH(Proof of Hybrid)
The basic mining method of Cube Chain is coin compensation to nodes participating in the POW. However, in order to solve the problem of excessive power consumption due to excessive network resources and overheating competition of POW, POH (Proof of POW + POS hybrid) method combining POS compensation method was adopted. The POW and POS ratios start at 7: 3, increasing the POS rate over time and eventually keeping it at POS only.

Cube Chat is an innovative marketplace service that connects sellers and consumers directly without brokers, helping to promote and deal with online content as well as offline business.

CUBEON ON THE GOAL

CubeON is a social blockchain service platform based on the 4th generation cube chain, which is the open network. In this network, participants called P2P nodes can get their new compensations according to the agreement of other participants and their voluntary contributions. In CubeON, you can create a variety of content as a creator. A creator can get donation by participants with the function like ‘stake’ or ‘work’ contributions. After the judgment, if the points become accumulated, the creator can be rewarded with tokens. The donated points also make the creator get the permission to open their marketplace in a selected category within CubeChat.

CubeON Community

Cube-on allows you to create a variety of content. The creator’s output is recognized as a canonical block in Blockchain through the ‘Stake’ and ‘Work’ contributions of the participants who judge the content, and the creator is rewarded with the token. ‘Stake’ and ‘Work’ contributed by the participants are accumulated in the creator’s Welfare and are given permission to create a marketplace within CubeChat.

Cubeon Blockchain

In such a view, a Cube Chain can be a combination of parallel processing and functional blocks to extend the functional elements of the database through the concept of a cube instead of a block. Therefore, the development of Cube Chain will show various online services that require the developed block-chain source technology to issue the encrypted currency and require the public database.

In addition, it uses POH (Proof of Hybrid) compensation method to solve the problem of increase of difficulty due to excessive network resource waste and excessive overheating competition of existing POW system, thereby reducing Cube Chain will be a solid step in establishing Cube Chain ecosystem, using a proprietary Cube engine and Cube coin.