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Ants Block Chain Protocol

Ants block chain protocol (abbreviated as ant coin: ABCP) is a multi-decentralized interactive protocol. It runs on the ant blockchain and has different forms of heterogeneous multi-centered interaction protocols, which is convenient for developers. Developed asset management applications; the contract layer uses the creation contract and control contract for asset issuance and management, and supports the extended utxo model butxo at the bottom. We have proposed a system for electronic transactions without relying on trust. We started with the usual framework of coins made from digital signatures, which provides strong control of ownership, but is incomplete without a way to prevent double-spending. To solve this, we proposed a peer-to-peer network using proof-of-work to record a public history of transactions that quickly becomes computationally impractical for an attacker to change if honest nodes control a majority of CPU power. The network is robust in its unstructured simplicity. Nodes work all at once with little coordination. They do not need to be identified, since messages are not routed to any particular place and only need to be delivered on a best effort basis. Nodes can leave and rejoin the network at will, accepting the proof-of-work chain as proof of what happened while they were gone. They vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism. The A Multi-Decentralized Interaction Protocol protocol was originally conceived as an upgraded version of a cryptocurrency, providing advanced features such as on-blockchain escrow, withdrawal limits, financial contracts, gambling markets and the like via a highly generalized programming language. The A Multi-Decentralized Interaction Protocol protocol would not "support" any of the applications directly, but the existence of a Tu

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HeadquartersUmm Al Quwain, United Arab EmiratesEmployees3(1 to 10)Websiteabcp.clubLinkedIn profileLinkedIn

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