The Perks Of TFSCChain: An Upcoming layer 1 Blockchain
Tags: web3, blockchain, beginners
Published: 2023-10-16 07:34:12


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Greetings my fellow web3 enthusiasts, today I bring you a thread of a upcoming layer 1 Blockchain and it's unique feature and benefits it brings to the web3 ecosystem, without further adue, let's get started...

The Raindrop Protocol On TFSCChain

TFSC is a high-performance distributed system using the innovative #Raindrop consensus protocol. With continuously scalable transaction capability, #TFSC is poised to make significant contributions to the #Web3 ecosystem. 

I know you have been hearing about the raindrop protocol and you have your questions. Well, I will be dissecting all you need to know about it. So, stay tunned.
 
CONSENSUS MECHANISMS

A consensus mechanism is a protocol that governs how nodes on a blockchain network reach agreement on the validity of data. Just incase you do not know what a node is, A blockchain node refers to a device-stakeholder pair that participates in running the protocol software of a decentralized network.

TFSC NODE

A node refers to a device-stakeholder pair that participates in running the protocol software of a decentralized network. In lieu of a central entity, nodes work together to form the governing infrastructure of a blockchain.


Tfsc Node Capabilities:

Archiving — storing the full history of blocks

Validation — verifying transactions

Broadcasting — transmitting blocks and transactions

Synchronization — onboarding new nodes

Monitoring — checking connectivity health

API — for external queries


RAINDROP PROTOCOL

TFSC uses a self-developed consensus mechanism called raindrop protocol. Raindrop Consensus Protocol (RDCP): RDCP is a groundbreaking consensus protocol that underpins the functionality of the Transformers Chain. It distinguishes itself by allowing multiple block producers to process transactions in parallel. In most traditional blockchain systems, transaction validation relies on a single or limited set of validators, which can create bottlenecks in processing and limit scalability. RDCP, on the other hand, enables numerous block producers to work simultaneously. This parallel processing significantly enhances the system’s transaction throughput, making it capable of handling a large volume of transactions efficiently.

The unique characteristics of Raindrop Protocol

1. Scalability: With the increase of network users and data volume, the Raindrop Protocol can support higher throughput and more participants, without reducing the level of decentralization and security during the expansion process.

2. Security: The Raindrop Protocol prevents issues such as double payment and 51% attacks, and has the ability to protect the network from attacks and witch behavior while ensuring decentralization.

3. Economic efficiency: The Raindrop Protocol enables the validator to still have high TPS processing capability in low energy working environments, reducing bandwidth resource usage by at least 10 times compared to Solana，which can improve the economic efficiency of the entire system, allowing more all nodes to participate in the system and receive corresponding incentives.

4. Fairness: The Raindrop Protocol adopts discrete random numbers, which ensures that every participant has equal opportunities to receive network incentives and encourages nodes to comply with TFSC code rules.


In summary, the Raindrop Protocol is an innovative technology that will solve the numerous problems found in web3 today.

That's all for now, be sure to follow me so you won't miss out of the upcoming Incentivized Testnet, peace🕊️


TFSC official Twitter: @TFSCChain

TFSC Discord community: discord.gg/JytUT5NA

TFSC Medium: medium.com/@transformerschain