INTERVALUE: FULL REVIEW OF THE PERSPECTIVE PROJECT

In its decentralized nature, blockchain technology seeks to create a reliable partnership between economic actors. Undoubtedly, it has unique strengths, but there are also disadvantages. As in the case of any technology, it is necessary to take into account the human factor. Today I will tell you about a project that will eliminate this factor and solve all the problems of past versions of this unique technology. Blockchain technology has come to our life with a very big breakthrough, as it has become one of the various technologies that will forever change humanity, such as the steam engine, the Internet, energy and information technologies. This technology was first created in 2009, and the first crypto currency that was ever known was Bitcoin. Blockchain technology has various characteristics that include decentralization, anonymity, peer-to-peer transfers, data structures, consensus algorithm and so on. This technology has now evolved in 2014, as it has gained worldwide recognition to form a blockchain 2.0, and it has functions that made it faster, more efficiently, more reliably than the previous blockchain network using an improved data structure and numerous consensus, and he had the opportunity of smart contracts. Blockchain 3.0 was developed shortly thereafter, and this led to numerous integration of blockchain technology into our daily lives and sectors such as healthcare, education, finance and e-commerce. Currently we are in the current development of blockchain 4.0, which is greatly improved compared to all other previous models using an improved data structure called the HashGraph. This improved blockchain system will create an ideal ecosystem for the massive introduction of blockchain technology into our lives.
Roughly speaking, the blockchain can be divided into two categories:

a common blockchainwhere every person can take part, make a contribution and receive a reward in the form of a crypto currency;
Private blockchain in which the approval process is controlled by a limited and selected number of nodes or one entity.
For example, for financial institutions, private blockchain is extremely interesting: simplifying the verification of transactions, sharing the results of checking customer's personal data, reducing costs for verification processes, speed, confidentiality. All without loss of control is implied by the public version of bitcoin. Currently, most of our block-chain networks are blockchain 3.0, and he presented many questions and problems that need to be addressed, and these issues led to the development of blockchain 4.0.

Consider several notable problems of the current blockchain model.

The complexity of using blockchain technology and the complexity of operation is one of the main problems of modern blockchain technology, since it requires that someone with very high technical expertise can navigate through all of its functions and derive maximum benefit from it. As a result, many consumers can not operate it and this has now led to a decrease in its mass adoption.
Low performance and scalability - the majority of the blockchain networks we have today have very low performance due to their lower ability to handle many transactions per second. For example, the usual bitcoyne, which we all know, can handle only 7 transactions per second, and this has now led to a slow confirmation of transactions, as well as an increase in commissions when transferring funds.
The high cost of using-using blockchain technology is accompanied by a very high cost in the form of technologies used for it. Fees are usually very high and should be paid to the network blockchain.
The lack of versatility among the various blockchain networks-this leads to a blockchain platform where developers in a particular blockchain network will find it very difficult to switch to another blockchain network, and this now hinders the universality of the network.

All of the above factors will be resolved with the advent of blockchain4.0 , which is designed to solve most of this problem alone using improved infrastructures. One of the most important platforms for solving these problems is called InterValue.

What is InterValue?

It is a platform that aims to adopt the current blockchain technology in blockchain 4.0 using specific functions, which gives it an edge over the latter, such as improved scalability, high performance, a new DAG structure, consensus, smart contracts and other advanced features. It is aimed at creating a structure that can connect the virtual and real worlds together with the exchange of values ​​between them. With all its enhanced and advanced features, it will also stimulate its mass adoption in more applications in our daily lives, and let's not forget that it comes with a very user-friendly interface and uses fewer resources and lower cost.

Characteristics of InterValue.
This includes improvements and improvements over all the previous functions of the current blockchain network, using advanced technologies. These include

Peer-to-peer network-this network is greatly improved by using the Tor network, as well as BLOCKCHAIN ​​VPN to increase the anonymity of nodes and prevent their finding by hackers.

The data structure uses the Dash Hashg Graph structure, which improves the efficiency and security of data storage by reducing the space used by the nodes.

The consensus algorithm-it uses a two-layer consensus algorithm, which consists of the consensus of HashNet and the consensus of BA-VRF, which will allow for faster confirmation rate, higher scalability and greater adaptability.

Anti Quantum Attack-the use of special algorithms to protect the system from attacks from quantum computers.

Anonymous transaction-this will be a very large anonymous network

Smart contracts-using the Moses virtual machine, it will support the use of Turing and not Turing smart contracts.

Industrial applications-with the use of JSON-RPC, it will have adaptability, which can be integrated into many areas, thanks to its flexibility.

The InterValue node

InterValue has released a set all over the world for local. A complete knot and light knots, and this happened from July 5 to July 20, 2018. This will mean the first step in selecting nodes for the Alpha test and each of the participants makes their contribution to the test stimuli in the form of INVE tokens at the end of the test.
This is very necessary for the INVE ecosystem because of the presence of HashNet, which requires the use of a complete node, a local complete node and a light node.
So, during the v2.0 interval, the test launch of the network, users and communities are invited from around the world to participate in the creation of their community and contribute to the worldwide ecosystem of InterValue.

Website: http://www.inve.one/?utm_source=icodrops
Telegram: https://t.me/joinchat/HFJWYxCcv_bhLzTrdfzmGQ
Twitter: https://twitter.com/intervaluepro

Author: [email protected]
Telegram: @incredulous