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Monday, October 3, 2022

VeChain’s Interesting Ideas

Vechain Tech Deep Dive Series VeChain Tech Deep Dive Series Session 3 Episode 4 Next, let me explain our ideas To be honest because these thoughts are in their infancy, We had a hard time deciding whether to share them with you or not. For some of them, like Swift’s sidechain, We’ve been doing a bit of work, but most of them haven’t come true yet.

Based on the requirements of the market, companies and applications, we What the next-generation technology and manner should be, About what features it should have I came up with an idea. This is the roadmap announcement.

So we picked some very interesting topics. Goo, let’s talk now. First, how do you prove that a user owns an asset on the blockchain? For the time being, you can use the public key corresponding to the private key.

You create an address to prove that you own the asset. Because the blockchain address is complex, it is difficult for users to remember. So we have a human-readable and memorable account Hope you can make it.

Hopefully, we hope to turn this idea into reality soon. Second, this is the MPP Dr. Zhou mentioned at the last meeting. We are currently optimizing 2nd generation multiparty payments. Examples include ongoing payments and the addition of other payment contracts.

Third, P&P storage. As is known, it costs money to store files and data on the blockchain. That’s right because resources are limited. Yes. If you have a lot of files, you can also save them elsewhere. To exchange or realize data You should use a common platform for storage.

We provide distributed storage platforms such as IPFS and platforms that can be accessed through other platforms. Users store their data on the VeChaintor platform, It helps you get a clear picture of where your data is.

The VeChaintor platform can provide such verification. Yes, there are basically two goals. First, we hope to engage more developers from the community. That’s why we developed the Swift Sidechain That’s why I decided to use the Swift language.

Because we know there are many Swift developers. If we have a Swift sidechain, faster developers will be able to join us, This will help advance the entire ecosystem in the future.

The other is that you want to get more feedback to improve your product. Account model, MPP and P&P storage are all implemented through feedback. We received ideas with companies during development. Easy for business or user to platform It was about how to make it accessible.

Taking the account model as an example, when we design the model, We consider the corporate structure We always know that authority, credit and payment authority vary from department to department. In conclusion, We encourage developers in the community to join us You will get more feedback.

So we can keep improving our products. Hopefully after DevCon, developers in the community You will be able to learn more about us. Please participate in the next generation of mainnet development. That’s right.

It takes a long time for the technology to be fully prepared, You need a complete infrastructure to use the technology. Because the power of Bechain alone is weak, We want more community members to join us You need to come here and build an ecosystem with us. Finally, I take this opportunity I would like to say that we will continue to improve and advance our technology.

As Mr. Koo said, Ideas, prototypes, development cycles, quality control tests, Down to final adoption and iteration It takes a long time for the technology to be fully prepared. We try to make it perfect without rushing anything. We care more about quality than speed. When faced with new technologies such as blockchain technology Companies have to admit that they have a lot of concerns.

After all, the existing system, The business model, especially the Internet Has been developed for a long time, When companies present new technology, new product or new business model It makes sense to be careful and careful. So, to ensure that the business uses the solution, We hope to be able to provide you with high-quality technical solutions.

We do not want to give them a product or solution that could cause any problems. It can even make them reluctant to use those techniques. Therefore, we have a full-featured project management process and developed risk management solutions. We want the products we offer to be almost perfect. Good. These were our Session 3 Tech Deep Dive. We introduced details that have not yet been released to Medium.

It will be a wallet SDK, etc. More information will be provided later so that more people can get it. Today I’m going to show you the technology discussed at DevCon We sincerely welcome developers from the community to join us. Again, from our point of view, the industry has to take more responsibility for developers.

We want to help them find the right business model and application project Just giving developers a lot of code and tools and leaving them alone Not enough. To be honest, in our experience, Success in any program, whether it is our own program or that of someone else in the industry, Technology developers themselves are not enough. We need everyone’s help. Therefore We want to help you find the right business model and application project.

In the past 1-2 years, we have developed numerous commercial applications and use cases. We made a lot of attempts. Yes, there are many attempts. We also want to share our experiences with you. The good news is, Is that we find that there are more and more business opportunities around the world.

The same is true in Europe, America and Asia. In this case, I’m promoting our technology To encourage more developers to participate in VeChain ecosystem, to make VeChain ecosystem bigger and better. I think it’s a good time to establish a developer community. Thank you. Thank you!.

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