Galaxy Network 3.0 Version Upgrade-(PoC)

GALAXY NETWORK
1 min readSep 26, 2021

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In the process of gradual development of the blockchain, a system is gradually formed, and the classification is gradually refined, in order to better integrate into the Galaxy Network’s ecological value system in order to meet the diversified ecology. This chapter mainly provides related descriptions after the Galaxy Network 3.0 upgrade.

Algorithm innovation: Conditioned-Proof of Capacity

Galaxy Network is based on the PoC consensus algorithm and upgraded it to a new CPoC (Conditioned-Proof of Capacity) limited CPoC consensus mechanism, introducing pledge, verification, burning, punishment, and linear release mechanisms to ensure the healthy and sustainable development of the ecological economy. The realization of CPoC space proof is a process of balancing the time and storage space required to generate proof based on limited conditions.

It is a lightweight algorithm used in distributed computer networks to reach necessary agreements on a single data value or a single state of the network between decentralized processes or multi-agent systems, for example; cryptocurrency. It can also be used for record keeping and coordination between a series of distributed connected devices. At the same time, Galaxy Network introduced the concept of micro-mining, which allows lightweight mining on hard disk devices, eliminating the monopoly of professional equipment.

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