N17 multi-chain hybrid architecture

The blockchain of the N17 trading platform uses a hybrid architecture of multiple public chains, and is committed to meeting industry-level and enterprise-level applications and supporting various complex scenarios.

One of the main goals of the multi-public chain hybrid architecture is to establish a smart contract model based on the stake consensus mechanism (PoS) and supporting UTXO. Due to the choice of the stake consensus mechanism, the meaning of PoS is that the choice of block creators is determined by the amount of digital assets held. In PoS, the corresponding digital assets are obtained by forging or minting instead of mining, and there is no block reward, and miners only charge a certain transaction fee.

The multi-public chain hybrid architecture is compatible with the UTXO model of the platform currency and the virtual machine that complies with the AAL specification. The first compatible virtual machine is the EVM of Ethereum, and the virtual machine of the x86 architecture will be implemented in the future, supporting a variety of popular smart contract programming. language. In pursuit of a pragmatic design approach, the multi-public chain hybrid architecture fully supports the "mobile-oriented" strategy to expand the possibility of commercial applications. The "mobile-oriented" strategy enables the multi-public chain hybrid architecture to bring blockchain technology to more Internet users, and gradually decentralize PoS transaction verification.

UTXO model and account modelIntegration of abstract account contract layer and virtual machineEVM integration and transaction flow