Blockchain Layer 1
Metacces: Pioneering Innovation and Security through Blockchain, AI, NFTs, QBFT Consensus, and Enhanced Network Permissioning. Metacces taps into the transformative potential of blockchain, AI, NFTs, QBFT consensus, and enhanced network permissions to revolutionize industries. With the power of blockchain, we guarantee unparalleled data integrity, privacy, and transparency
| Feature | Metacces | Polygon (MATIC) | Binance Smart Chain (BSC) | Ethereum |
|---|---|---|---|---|
Gas Fees | Lowest ($0.00001) | Lower ($0.001) | Low ($0.01) | Very high ($20-$50) |
Transaction Speed | Highest (Up to 200,000 TPS) | High (up to 65,000 TPS) | High (around 100-150 TPS) | 12-15 TPS |
Block Time | 3 seconds | 2 seconds | 3 seconds | 12 seconds |
Transaction Size Limit | 64KB | 32 KB | 32 KB | 32 KB |
Smart Contract Size Limit | 64KB | 24 KB (same as Ethereum) | Up to 24 KB (same as Ethereum) | 24 KB |
Fault Tolerance | 67% attack tolerable | 51% attack tolerable | 51% attack tolerable | 51% attack tolerance |
AI Integration | Yes, by design | No | No | No |
Metaverse Integration | Yes, by design | No | No | No |
Privacy Support | Supported by design | No | No | No |
Blockchain Level Community DAO | Yes | No | No | No |
Consensus Mechanism | DPoS | Hybrid PoS & Plasma | DPoS with 21 validators (PoSA) | PoW |
Ecosystem & Compatibility | Fully compatible with Ethereum (tools & projects) | Fully compatible with Ethereum (tools & projects) | Fully compatible with Ethereum (EVM) | Fully compatible |
Scalability | Very highly scalable and adaptable by AI | Highly scalable under Ethereum (Layer 2 solution) | Highly scalable, limited by Binance | Highly scalable under Layer 2 solutions |
Security | AI powered infrastructure | Standard Ethereum Security | Managed by limited validators (less decentralized) | Standard Ethereum Security |
Why do we need a blockchain for Metacces ?
Metacces blockchain has been primarily created and developed to enable the realization of the technological concept of Full Access (the new world of the internet). This concept entails harnessing the power of blockchain to facilitate the emergence of the new internet era.
Furthermore, projects will have the technical capability to use Metacces blockchain as a second layer to facilitate access to Web Access.
Our core strengths encompass:
Consensus:
Metacces implements the QBFT proof of authority (PoA) consensus protocol. PoA consensus protocols work when participants know each other and there is a level of trust between them.
Metacces implementation of QBFT provides immediate finality of transactions.
In the Metacces PoA consensus protocols, a group of nodes in the network act as validators.
Block time:
The time between blocks is 3 seconds, this is in case blocks include transactions.
The time between empty blocks is 60 seconds.
Consortium:
A consortium network connects multiple independent networks. Consortiums come with risks such as accidental data exposure and potential liabilities that must be managed. They require governance structures that fulfill the concerns of participants equally.
Security checklist:
Using a Byzantine fault-tolerant consensus protocol in case nodes are managed by non-trusted participants.
Ensuring private and public payload data is stored in an appropriate geographical legislation area.
Documenting:
The organizational and technological requirements to join the consortium.
The consortium governance structure.
Ownership of intellectual property and assets.
Liability.
Memberships.
Activities.
Ensuring consortium members are known to every participant in the network.
Ensuring private and public payload data is compliant with privacy policies.
Metacces node:
The Metacces client is an EVM client that can use a transaction manager to encrypt and decrypt private transaction payloads. Metacces and its dependencies use the TCP/UDP transport layer to communicate.
Metacces's security depends on the security of the client host, transaction manager host, encryption keys, consensus runtime, and network access controls.
Adding and removing validators:
There are two ways to manage validator nodes: The default way: existing validators to vote to add or remove validator nodes. Using smart contracts. Metacces validator management methods can be changed from one to the other. This change must be approved by the majority of the validators. Two-thirds are the majority.
Rewards:
Transaction cost rewards” When sending a transaction on the network, the cost of the transaction is deducted from the sender. This amount is then allocated as determined by the Beneficiary Address, from which is managed by a special smart contract and distributed accordingly. Block rewards: No block rewards are granted for validators to sign transactions. This preserves the initial total supply and avoids inflation.
User Management:
User management involves a distributed network of trust across a blockchain network, in which participants agree to follow certain rules. If one bad actor doesn't follow the rules other nodes can restrict the bad actor from writing to the blockchain. This model caters to enterprise-level needs by using smart contracts. It has significant flexibility to manage nodes, accounts, and account-level access controls: The user management rules are applied both at the time of transaction entry and block minting with respect to the data stored in the management contracts.
Key definitions
Network - A set of interconnected nodes representing an enterprise blockchain. The network includes a group of organizations. The network administrator accounts defined at the network level can propose and approve new organizations to join the network and can assign an account as an organization administrator.
Organization - A set of roles, Ethereum accounts, and nodes having a variety of permissions to interact with the network. The organization administrator can create roles, create sub-chains, assign roles to its accounts, and add any other node that is part of the organization. The organization administrator can assign an account as a sub-chain administrator.
Sub-chain - A sub-group within an organization, corresponding to business needs. A sub-chain can have its own set of roles, accounts, and sub-chains.
Account - An externally owned Ethereum account. The access rights of an account are derived based on the role assigned to it. The account can transact via any node linked to its sub-chain or at the organization level.
Voter - An account capable of voting for a certain action.
Role - A named job function in an organization.
Node - A node that is part of the network and belongs to an organization or sub-chain.
Blockchain plugins
Metacces allows adding features as plugins to the core geth client, providing extensibility, flexibility, and isolation of Metacces features. The benefits of plugins include: Allowing the implementation of certain components to be changed at configuration time. Supporting the community to improve the client with innovative plugin implementations in different languages. Decoupling new specific features from the core geth, simplifying the process of integrating changes from upstream geth, and isolating potential failures.
Privacy:
In a blockchain network, privacy refers to the ability to keep transactions private between the involved participants. Often in a consortium network, some of the participants prefer to restrict how much information they share or who they transact with. In other cases, this may not be a concern at all.
Smart contracts:
Smart contracts provide controlled access and a range of functions (such as querying, transacting, and updating state) to Metacces blockchain users. Smart contracts encapsulate data and keep it consistent across the network. They can allow or restrict participants from executing certain functions and can restrict access to the network itself. Smart contracts are written in Solidity (the most popular smart contract language), Vyper, and Serpent.
Dapps:
Decentralized applications (dapps) are just like any other software application that can be on a website or mobile app. Dapps are built on a decentralized network (Ethereum) and interact with smart contracts deployed to the network. They can be thought of as a GUI (front end) for a smart contract (back end) and can be written in any language (for example, JavaScript).
Blockchain AI Integration: Blockchain is able to interact with Oli
The integration of OLI with blockchain harnesses AI's analytical prowess to enhance blockchain's performance. OLI's AI-driven insights optimize network operations, identify vulnerabilities, and enable real-time adjustments. This fusion amplifies data-driven decision-making, elevates security, and ensures a dynamic and efficient blockchain ecosystem.
AI is given instructions to perform each task properly.
Live data feed about related blockchain activities.
Live data feed about blockchain infrastructure performance.
Performance optimization: AI can be used to optimize the performance of blockchain networks. For example,
Identifying bottlenecks in the network and making recommendations for improvement.
Scaling server power: add servers, add RAM, add CPU.
Load balancing: Redirecting traffic based on defined rules.
Automatically adding or removing RPC nodes based on usage data.
Activating DAO votes on certain occasions.
Additional uses for integrating The Oli AI model blockchain solution:
Fraud detection: The Oli AI Model can be used to detect fraud in blockchain transactions. For example, The Oli AI Model can be used to identify patterns of fraudulent activity, such as suspicious transfers of funds.
Risk assessment: The Oli AI Model can be used to assess the risk of cyberattacks on blockchain networks. For example, The Oli AI Model can be used to identify vulnerabilities in the network and to predict the likelihood of an attack.
Compliance monitoring: The Oli AI Model can be used to monitor blockchain networks for compliance with regulations. For example, The Oli AI Model can be used to identify transactions that violate sanctions or that are suspicious.
User experience: The Oli AI Model can be used to improve the user experience of blockchain networks. For example, The Oli AI Model can be used to personalize the user interface or to provide recommendations for products or services
High Availability (HA) :
Replication: This involves duplicating the blockchain data across multiple nodes. If one node fails, the other nodes can continue to operate.
Load balancing: This involves distributing the load of the blockchain network across multiple nodes. This can help to prevent any one node from becoming overloaded and failing.
Failover: A backup plan in place in case of a node failure. For example, the blockchain network could be configured to automatically switch to a backup node if the primary node becomes unavailable.
Redundancy: This involves having spare nodes that can be used to replace failed nodes. Our HA implementations provide the following for your network and its services like monitoring and explorers:
Increased uptime: High availability can help to ensure that the blockchain network is always available, even if there are node failures.
Improved performance: High availability can help to improve the performance of the blockchain network by distributing the load across multiple nodes.
Increased security: High availability can help to improve the security of the blockchain network by making it more difficult for attackers to take down the network.
Increased TPS: A smooth environment allows nodes to work to their highest potential. Oli AI Model can learn to do many of the mentioned high-level services such as scaling servers and ordering new services that will work on top of the provided infrastructure.
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