Last week, Hubble Chain developer teams have completed all the development of SCE (security consensus engine) based on its mainnet architecture.
SCE is able to effectively improve the consensus efficiency of the network on the Hubble Chain, fully realize multi node cooperation, and enable each ecosystem participant to obtain the rights and interests under the efficient and fair conditions.
The core of blockchain technology is consensus algorithm. Consensus algorithm is to form a Nash equilibrium game field through the way of proving scarce resources under the condition that each node does not trust each other in the distributed network. After getting the trust of all parties, the consensus algorithm achieves unity among all nodes and completes the task synchronously.
The essence of consensus is to be able to prove a scarce resource, and therefore be trusted to participate in consensus, contribute to the calculation, and be rewarded.
The POW (Proof of Work) is to validate miners' time and electricity; while POS(Proof of Stake) is to validate the rights and interests, calculated by the number of coins or the age of coins; the POR(proof of Reputation) relies on the reputation of participants to ensure the safety of the network.
Hubble chain chooses to achieve consensus by providing evidence and credibility. H + POR consensus mechanism is a new hybrid mechanism established by Hubble Chain based on POR optimization, which can better motivate and supervise every node in the ecosystem through reputation consensus.
On the basis of H + POR consensus model, Hubble Chain technology team successfully introduced SCE security consensus engine. SCE can effectively improve the parallel processing efficiency of multiple nodes in the chain and realize the collaborative participation of multiple nodes in the whole network.
And participants must have enough reputation. If they try to cheat the system, they will face significant financial and brand consequences.
In terms of security, SCE ensures that each machine records the same transactions in the same order by virtue of its special properties of high performance and consistency, and it can stop the behavior of malicious saboteurs under the strict cross accountability mechanism, so that the system on the chain has good fault tolerance.
In the Hubble global ecosystem consensus system, SCE technology can also transform the traditional trust mechanism into the code program rules guaranteed by the third party, which is more fair and secure.
At the same time, SCE is highly compatible, which is undoubtedly a more effective technological breakthrough for the Hubble Chain that maintains the on-chain financial ecosystem.
In terms of security, scalability, performance efficiency and resource consumption, the successful development of SCE technology plays an important role in the H + POR consensus mechanism, and even the efficient operation of network nodes in the whole Hubble Chain!