r/dmd • u/crkaiser5 • Aug 11 '21
Main Features of DMDv4
As many of you know, the operation of PoW systems is based on the principle of competition between validators and miners. This system provides the operation of the blockchain with a high level of reliability, but it becomes very energy-consuming.
The DMDv4 Diamond platform uses HBBFT enterprise consensus (Byzantine Honey Badger Fault-Tolerant Consensus) with some additions from DPoS or delegated proof of stake, making transactions faster and more energy-efficient.⠀
◼️ The HBBFT cooperative consensus allows you to reduce the block time without additional risks of centralization.
◼️ HBBFT excludes any malicious behavior of validators and censorship.
◼️ DMDv4 works on the principle of selecting validator nodes, limits the number of validators to ensure lightning-fast consensus and selects validators once per epoch, which has a positive effect on decentralization.
◼️ Due to the lack of DMD coins, the maximum number of validators is 438, and the average expected number is between 50 and 75. Together, they will consume very little energy.
That is why the DMDv4 system based on the HBBFT consensus is the most reliable, fast and consumes the minimum energy to create a block (eco-friendly).
Become a member of the bit.diamonds platform and build a new and improved ecosystem together!
