THINKIUM; THE NEXT RISING GEM
The public chain of Thinkium can dynamically grow or decrease the number of chains based on the actual needs of ecological applications, thereby solving the public chain’s scalability challenge.
The data nodes in each chain are responsible for data storage and communication and work continuously and reliably in this chain. They are compensated with TKM from the system, but they do not take part in the consensus block.
The system’s consensus nodes are all in a “candidate area.” Each round, the random algorithm elects some consensus nodes to a specific chain to assist in the packaging of consensus blocks in that chain and receive TKM incentives from the system. Following one round of elections, all consensus nodes return to the “candidate area” to await the next round of voting.
As a result, it’s unclear if each consensus node will continue to operate on the chain in the next round of elections. Because the consensus node may or may not be chosen, it will remain in the “candidate zone.” This is a viable solution to the decentralization and security issues.
Developing a business ecology and aiming for the next generation of blockchain
The finance industry is the most technologically advanced. The DeFi project’s smart contracts precisely connect the financial firm involved in the amount of
assets pledged, trading volume, and commission rate to the project’s own digital asset issuance and value increase.
However, there is still a risk associated with DeFi. It’s unclear whether the digital assets contained within DeFi are safe or not.
As a result, the issues with digital assets in the 1.0 era have not been fully resolved in this era (2.0 era). Instead, the success of DeFi has overshadowed it. Everyone is engrossed in the carnival of financial Lego construction, and the fundamental core issues have gone unnoticed and unresolved.
DeCom has introduced the link of “business data and rules on the chain” on the basis of DeFi in order to totally solve difficulties. When a company joins the blockchain network, it is actually “listed.” It’s because everyone can see their business data and regulations in real time, and they’re transparent and unchangeable.
As the company grows, more digital assets will be created (commercial mining). The future value and development trend of the business entity can simply distinguish and clearly measure the worth of digital assets.
Commercial Digital Assets
Commercial digital assets will obtain a premium of commercial credit based on DeFi when commercial credibility improves, which will further boost the business entity’s quick expansion. This is analogous to how a publicly traded firm might accelerate its development by leveraging the asset premium that everyone contributes to its business growth and credibility. Furthermore, it has the ability to expand and consolidate its operations. Each commercial entity on the chain will benefit from the blockchain in the future.
Any user can build and customize the industry public blockchain for their own enterprises using Thinkium’s underlying secured consensus network. The applications of the industrial public chain can also be infinitely extended, gradually filling the gap between the physical and digital worlds to launch a new business world of Web 3.0, based on the unique features of Thinkium’s main chain, such as low cost, high-efficiency cross-chain, unlimited performance extension, and high concurrency of complex contracts.
If you want to learn more about THINKIUM, make sure to follow this project on all social channels below. If you’re really curious and want a quick reply from the core team members, head down to our Telegram channel and just ask!
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