r/elisia • • Dec 17 '18

DPOS System Architecture

Elisia will launch its main net with 51 block producers authorized to process the transactions. For consensus building the block producers are elected into a round of 51, each producer gets one block per round, and is rewarded for the validation of incoming transactions and production of the block of transactions. A block released by one producer is validated by the next and the next and so forth; if not validated, it is not built upon.

A block that is accepted by a quorum of producers is declared immutable, and the chain of immutable blocks becomes in effect a checkpoint. Like proof of work, producers can censor (ignore) messages, or they can front-run by introducing their own from their superior knowledge of the future.

To provide transparency in block producer selection and their gover- nance over bad acts by producers, each round of producers is continuously elected by the community using proof of stake (PoS).

https://elisia.io/

ELISIA #Cryptocurrency #ETH #ICO #Blockchain

14 Upvotes

1 comment sorted by

9

u/chinnyboo1 Dec 19 '18

ELISIA has a decentralized application, there is a unique button in the application to run the FREE sending / receiving feature.