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What is the application chain technology of IPSE? in order to solve this problem, this article introduces the corresponding analysis and solution in detail, hoping to help more partners who want to solve this problem to find a more simple and feasible method.

Application chain Technology of IPSE

When the Web3.0 technology stack was put forward, the development of the application chain had a clear direction, and the combination development of a common chain + DAPP encountered obvious challenges in the past. Any common chain is a kind of segmentation for the current block chain encryption economy, and such a development path is obviously restricted for a segmentation of the network effect.

I. the background of the emergence of the application chain

Think deeply about the problems encountered in the development of DAPP, in fact, there is a very simple reason to explain, that is, the high cost of use, the benefits can not offset the need for learning costs. Each DAPP is constructed on a corresponding block chain, and for users, they have to choose one of them first in front of many block chains. We have never seen such a situation, that is, someone using an APP, first need to choose an Internet. Because for us, there is only one Internet, and the underlying operating system shields out all network differences.

For the Web3.0 development of blockchain, the most important thing is to get such an operating system first, which shields the differences of various chains in front of users, so that users do not need to care about what chain your DAPP is running on, and that their token cannot be used in some cases. This is the background of the birth of the application chain.

In fact, the application chain is relative to Web3.0 ecology, in which the star project Polkadot is a cross-chain technology that all chains need to be connected. The Substrate framework created by its team can just serve as such a blockchain operating system. Users do not have to care about whether the interaction on the application chain is universal. As long as it is connected to Polkadot ecology, all operations of the application chain should be universal to users. Even if the user holds bitcoin, the corresponding operation can be done on the application chain. In the Web3.0 ecosystem, application chains can not only seamlessly interoperate chains built with Substrate, but also connect existing blockchains such as Bitcoin, Ethernet Square and EOS by connecting bridges. From the perspective of network effect, such a connection will bring network ride traffic to the new application chain. The cost of users' contact with learning block chain will be greatly reduced, and a new wave of block chain technology dividend will be ushered in.

The main functions of the application chain:

In the interoperable settlement layer, as can be seen from the architecture diagram of Polkadot, parallel chains can interoperate through the authentication nodes in the trunk chain, including basic operations such as money transfer.

The basic user data of the application chain (user account, permissions, token account book).

The running bearer of the application chain (intelligent contract virtual machine, running platform).

Second, the application design of IPSE to application chain.

After the advent of Bitcoin, it provides plenty of distributed nodes and computing barriers, but its congestion and high latency prevent it from commercial landing, while Ethernet Fong has the function of smart contracts, but also has the problem of too much congestion. The fundamental reason is that the whole problem set is not considered from a hierarchical point of view at the beginning of block chain design.

1. Application data and settlement data do not need to be piled on a block chain. IPSE puts most of the application data on the application chain.

1. A variety of application data do not need to be mixed and coexist on a block chain, and all intelligent contracts are on a virtual machine in the main chain, which provides the same security, but the cost is reasonable. IPSE will have multiple application chains to effectively separate a variety of application data.

3. The node size of the application chain matches its implementation business, and the importance of the data matches the degree of data security guaranteed by the block chain application chain. IPSE will not be superstitious about complete decentralization, but will focus on reasonable matching.

4. All application operations do not need to pay the same amount of handling fee. If ethernet, for example, has only one main chain, then its price estimation for all operations in smart contracts is homogeneous, and its price lacks hierarchical planning. IPSE will design different gas fees in different virtual machines, and the intelligent contract calculates the price layered design.

5. All trading operations do not require the same amount of mining costs. It is a fact that different transactions have different values. IPSE will use the application chain technology to store most of the transactions on the application chain, while mining will adopt the joint mining of the main chain, that is, using the strong consensus mechanism of the main chain to ride the application chain. for example, hundreds of nodes on the main chain have reached a strong consensus, while only 10 nodes in the application chain are responsible for storing application chain data. However, the amount of data stored by the 10 nodes is 99% of that of the entire network. Anyway, verification transactions and other behaviors are carried out very quickly on the mining node, but when the data of the application chain is pushed to the application chain for storage, the 10 nodes of the application chain do not need to be excavated, and these 10 nodes are completely compliant with the 10,000 nodes on the main chain.

6. Whether a unified virtual machine on the main chain is unnecessary. For different intelligent contracts, the difference in their importance is self-evident, and so is the importance of the data that needs to be saved. If it is implemented vertically with a main chain, there will be serious performance expansion problems like Etay Fong, and the heavy burden of data synchronization will also cause security problems. IPSE application chain can be responsible for these two parts, computing virtual machine split to solve the problem of insufficient performance of the main chain, data storage split to solve the problem of scalability of data governance.

The answer to the question about IPSE's application chain technology is shared here. I hope the above content can be of some help to you. If you still have a lot of doubts to be solved, you can follow the industry information channel to learn more about it.

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