NGK, which has been in the market for six days since its launch, is in a very hot market. Members of NGK’s global community, terminal and institutional investors are very positive about NGK projects, and NGK is not expecting the same, and has seen waves of gains.
Because NGK has a broad application and market value, in the future, NGK will continue to rise. In fact, NGK can achieve today’s results, and NGK project team continuous research and development and internal measurement is inseparable. Because of the high-end technology advantages and the huge commercial value, NGK will be more and more recognized. And speaking of NGK’s high-end technology advantages, we have to mention NGK’s block producer, because NGK’s block producer, in NGK, plays a very important role.
I. What is NGK’s block producer?
To speak of NGK’s block producer, one must start with the NGK’s consensus mechanism.
The consensus mechanism of NGK adopts the DPOSS consensus mechanism. It has been innovated on the original DPOS consensus mechanism, which gives more rights to DAPP developers. On the one hand, it has mobilized the enthusiasm of developers, on the other hand, promoted the development of DAPP ecology, which is more consistent with the concept of memory blockchain sharing and common governance of decentralized management.
NGK’s DPOSS consensus mechanism combines the characteristics of public chain’s shared governance, combined with the trust characteristics of the alliance chain, combined with the ecological energy of the DAPP ecosystem service provider as the main chain, and makes the NGK’s consensus mechanism more perfect, thus reaching the 500 millisecond interval.
The specific process of the mechanism is that the holders of NGK.IO vote for the candidates of each super node through the voting system, and select 21 nodes as block producer. The 21 nodes take turns to gain the right to account, and take turns to perform such duties as block chain accounting and uplink. In addition, there are 49 alternative nodes in the NGK.IO ecology, which exist to replace some of the block producer facing problems or being disturbed to maintain the stability of the system.
2. Characteristics and Advantages of NGK’s block producer?
block producer of NGK is the concrete practice of DPOSS consensus mechanism. First, because NGK adopts a decentralized voting mechanism, compared with other consensus algorithms, the DPOSS consensus mechanism is more democratic and not easily monopolized by large institutions.
The 21 block producer were elected by more fair and just votes. If 21 node representatives can’t perform their duties, for example, if they don’t generate blocks in time in the last 24 hours, they’ll be removed until they’ve been notified of the blockchain, and they’ll start producing blocks again.
Secondly, in order to improve the efficiency of 21 block producer, NGK reduces the number of nodes, and the efficiency of 21 block producer operations has been greatly improved. TPS per second is ideal. It’s a complete explosion of all the public chain running efficiency in the market, and there’s no limit to the future.
Finally, the 21 nodes in the order of block out, is based on their own network resources negotiated, each block producer has the block right, in 500 milliseconds to generate 12 new blocks in succession, then switch to the next super node after the continuous generation of 12 blocks. The method can ensure that a block producer can continuously generate blocks at an interval of 500 milliseconds, which greatly improves block-out efficiency.
Since NGK officially launched on Oct. 14, California time, NGK’s battle for block producer has also begun. After continuous competition, 21 high-quality block producer are selected every day, and jointly promote the development of NGK ecology.