Multi-public chain architecture, PACIFIC builds a new mode of multi-chain operation of transaction chain, contract chain and business chain

 

The global economic and social development has come to the era of digitalization. Following the development wave of industrialization and informatization, asset digitization, digital assetization, and value circulation have become important themes of the new generation of information technology revolution, so that the creation of digital value and the transaction of digital assets have become meet the rigid demands of the world.

Pacific Trading Platform (PACIFIC) takes into account the four characteristics of "ease of use, support activity, supervision, and security", and has innovated in multiple dimensions such as technical architecture, business contracts, and governance logic, and is committed to meeting industry-level and enterprise-level requirements. applications and support various complex scenarios.

 

Multi-chain combination, dynamic collaboration

PACIFIC builds a multi-public chain hybrid architecture. Under the multi-chain architecture, it completes the free release of shared data between chains, independent discovery, flexible delivery, and secure data sharing and transactions.

PACIFIC adopts the data sharing consortium chain network of multi-chain architecture to realize the isolation of different business data, and create a data sharing chain in which data providers, data demanders and data supervisors jointly participate, so as to realize the decentralized data between chains. Independently share and trade, and endow data supervisors with super authority, synchronize data sharing and transaction records on the chain, and standardize the security and orderliness of data sharing transactions. Build a multi-chain parallel model such as transaction chain, contract chain, business chain, etc., and realize information exchange between main chains through cross-chain technology. This architecture ensures that the PACIFIC system can combine high scalability, high security and high efficiency.

 

Based on the equity consensus mechanism, support the smart contract model

One of the main goals of the multi-public chain hybrid architecture is to establish a smart contract model based on the equity consensus mechanism (PoS) and support UTXO. Due to the choice of the stake consensus mechanism, the meaning of PoS is that the choice of the block creator is determined by the amount of digital currency held. In PoS, the corresponding digital currency is obtained by forging or mint rather than mining, and there is no block reward, and miners only charge a certain transaction fee.

Transaction Chain: Provide payment and settlement functions, such as pending orders, matching, depth and other functions are all responsible for it, do not need to support smart contracts, the specific needs of the financial field can be achieved by adding special financial-related transactions, so that to a certain extent Improve performance to meet the needs of high-speed, high-frequency, and low transaction fees in the chain.

Contract chain: supports smart contracts with low demand to realize complex transactions, business contracts, financial contracts, logic and verification content when the contract is on the chain, to meet the application of complex scenarios and improve the scalability of the public chain.

 

The advantages of the multi-public chain hybrid architecture are significant

The multi-public chain hybrid architecture is compatible with the platform currency UTXO model and virtual machines that conform to the AAL specification. The first compatible virtual machine is the EVM of Ethereum, and the virtual machine of the x86 architecture will be implemented later to support the realization of a variety of popular smart contract programming. language. In pursuit of a pragmatic design method, the multi-public chain hybrid architecture fully supports the "mobile-oriented" strategy to expand the possibility of commercial applications. The "mobile-oriented" strategy enables the multi-public chain hybrid architecture to bring blockchain technology to more Internet users, and gradually decentralize PoS transaction verification.

The architectural advantages of PACIFIC are significant: First, all transactions in the chain can be regarded as changes to global variables. At this time, a static method can be used to ensure a certain scope, and there will be more scopes in the future. The same cross-chain protocol can be used to communicate with each other; secondly, after the contract chain has SPV, the steps of payment verification on the contract chain and the main chain can be asynchronous, which greatly enhances the usability and scalability. For example, when a contract chain is occupied by several applications, another contract chain can be opened through the same structure.

 

Epilogue

PACIFIC is committed to building the world's leading digital asset trading platform with "value decentralization", with "transaction as mining, promotion as revenue, and contribution as value" as the construction guide, and constantly expand the ecological boundary, and finally form. The powerful, systematic, organic and shared digital economic ecology has greatly promoted the historical process of the digital asset era, and explored and created revolutionary value of the era.