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BTTC Token: BTTC PoS Structure

2024-08-29 15:28:21

In the current blockchain ecosystem, BTTC (BitTorrent Chain), as an innovative blockchain application platform, is attracting widespread attention with its unique design and architecture. BTTC not only provides a Proof-of-Stake (PoS) side chain, but is also committed to building an interoperable decentralized Layer 2 blockchain platform. This article will take an in-depth look at BTTC’s structure, operating mechanisms, and its future potential.


The structure of BTTC

BTTC’s design aesthetic is reflected in its elegant architecture, which separates a common verification layer from various execution environments such as full EVM sidechains. BTTC’s PoS mechanism relies on a series of pledge management contracts deployed on TRON, and there is a set of incentivized validators running Delivery and Bttc nodes. BTTC first supports the three base chains of TRON, BSC and Ethereum, but will support more base chains in the future based on the suggestions and consensus of the community.

Three-tier architecture: BTTC’s PoS mechanism adopts a three-tier architecture:

Staking Smart Contract: A smart contract running on TRON that manages staking.

Delivery layer: As a PoS validator node, it works together with the pledge contract on TRON to implement BTTC’s PoS mechanism.

Bttc layer: The layer responsible for block production, aggregating transactions and generating blocks.

Operation of the Delivery layer: The Delivery layer is BTTC’s PoS validator node and works in conjunction with the staking contract on TRON. The operation of this layer is based on the Tendermint consensus engine, with adjustments to the signature scheme and data structure. The main responsibilities of the Delivery layer include:


Block verification

Block Producer Committee Selection

Upload sidechain block checkpoints to TRON, BSC and Ethereum

The Delivery layer is responsible for aggregating the blocks produced by Bttc into Merkle trees and regularly publishing the Merkle roots to the main chain. This process is called checkpointing and is critical to the stability and security of the system.

Importance of checkpoints: The concept of checkpoints has two main functions in BTTC’s architecture:

Provide finality on the main chain: checkpoints ensure that all nodes are consistent with the block, and all nodes verify the checkpoints and attach signatures.

Proof-of-burn for asset withdrawal: Checkpoints can provide proof-of-burn during the asset withdrawal process, enhancing the transparency and trust of the system.

During each checkpoint, a portion of active validators are selected from the validator pool as block producers. These block producers are responsible for creating blocks and broadcasting them to the network.


The role of the Bttc layer

Bttc, as the block production layer of BTTC, is responsible for aggregating transactions into blocks. The selection of block producers is regularly shuffled through committee selection. This design not only improves the security of the system, but also effectively prevents malicious behavior from occurring.

Block producer responsibilities include:

Create block

raise checkpoint

Collect all signatures and submit them to the main chain

The distribution of these responsibilities depends on the validator's stake ratio in the overall stake pool. This design ensures the fairness and transparency of the system.

BTTC’s future prospects: BTTC’s structure and operating mechanism have laid a solid foundation for its future development. As blockchain technology continues to evolve, BTTC will continue to explore more base chain support and make adjustments based on the needs of the community. This platform will not only provide users with a more efficient trading experience, but will also promote the development of the entire blockchain ecosystem.


in conclusion

As an innovative blockchain application platform, BTTC shows the infinite possibilities of future blockchain technology through its unique three-layer architecture and PoS mechanism. With the continued support of the community and further improvement of the technology, BTTC is expected to become the core infrastructure for decentralized finance (DeFi) and other blockchain applications. In the future, we look forward to BTTC exerting a greater influence in the blockchain field and bringing users a safer and more efficient transaction experience.

Disclaimer:

1. The information does not constitute investment advice, and investors should make independent decisions and bear the risks themselves

2. The copyright of this article belongs to the original author, and it only represents the author's own views, not the views or positions of HiBT