With the distributed AI first “block chain nerve center system” governance, DFINITY bring the third generation of block chain technology


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Reporter: pencil headn

In the world of block chains and encrypted digital money, one of the most abhorrent crimes is the theft of money. In February 2014, Mt.Gox, who had the highest market share in global trading volume, filed for bankruptcy protection because Mt.Gox suffered a massive hacker attack and stolen nearly 750,000 bits of special currency And about 10 million belong to the company’s own bit currency, the two together accounted for about 7% of the world’s total bitcoin. In August 2016, Bitfinex, the largest dollar bitter currency trading platform, posted a security hole that resulted in the theft of 120,000 bits of currency held by the user. At today’s bitcoin prices, the total value of the stolen digital assets above $ 4 billion, which is only the most famous hacker attacks in the most famous two back.n
nIn addition to economic losses, the more deadly is that at the time, these two events are a heavy blow to the block chain technology and digital money enthusiasts confidence, block chain pencil (ChinaB.com) a friend was China The early participants of Bitcoin, who had lost all their bits in the Mt.Gox incident, bid farewell to the community.n
nIt is important to note that in a similar event, the stolen digital money flows can be tracked. Until today, people can detect the flow of bits of Bitmine stolen by the block detectors in the block chain. In the recent Parity multi-signature wallet stolen event, the team chain pencil (ChinaB.com) technical team also successfully tracked the whereabouts of the stolen digital currency. However, even so, people can do nothing about it, because the only possible remedial action when a large number of coinage thefts occur in systems such as Bitcoin and the etherics “code that is legal” is implemented before the offender completes the transfer Hard bifurcation. But are usually too hard to recover, or need to bear large-scale community costs.n
nIs it possible that every time such an incident happens, can we just watch it? Recently, the new technology called DFINITY, perhaps let us see the possibility of avoiding the recurrence of similar dilemmas.n
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nTo “block the chain of nerve central system” to control the chain of crimes on the chainn
nDFINITY is a third-generation block-chain technology brought by top scientists and engineers from Stanford, Yale University, Google, the APF Foundation. Include DFINITY’s Dream Labs co-founder and CEO Tom Ding to Pencil, DFINITY one of the important innovations, is the first in the public chain of intelligent governance mechanism – “block chain nerve center system” (Blockchain Nervous System). It is understood that this system can effectively combine the community’s crowd intelligence and artificial intelligence, machine learning algorithms to make chain decisions, is a hybrid advanced governance system.n

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nString Labs co-founder and CEO Tom Dingn
nThe block chain nerve central system adapts and learns to make better decisions as stimuli and feedback for neuronal responses. The chain part of the block chain nerve central system has the privilege of the unique operation code of the etherfront virtual management system, and can carry out the submitted protocol.n
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nIn the event of a hacker incident, DFINITY is addressed by the “chain-chain neural network” system in the event of an abacus incident. We will no longer watched their tokens be hacked and powerless, because the system can handle similar controversy.n
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Specifically, there is a sound voting mechanism in the DFINITY network structure. Once the user’s digital currency is stolen, the victim can initiate a proposal in the DFINITY system, asking the system to execute the corresponding code because of a hacker event. And the implementation of the system code can make the stolen currency sealed in the hacker account, and further put forward, to return to the original. This proposal will be “block chain nervous system” through the way to vote through the whole. Each voter can choose his own vote, but also can proxy to others, in the current design, the vote must be the chain of stakeholders, the weight of voting and hold the number of DFINITY token is positively related, so effectively guarantee the vote The reliability of the problem.n
nnOf course, subject to cost and other aspects of the restrictions, this mechanism may not be used for relatively small events. But the significance of the “block chain nerve central system” is that in the event of a major system event, the error can be restored and the damage and impact can be minimized.n

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nAt the same time, for the escalating attacks, the block chain nerve central system can be through the management protocol and software upgrades to evolve. According to Dominic Williams, president and CTO of the String Labs, chief scientist of the DFINITY project, the current technical implementation has been completed. The client of DFINITY uses an abstraction layer to sense the upgrade request of the neural center system and perform self-escalation in the case of consensus to complete the rapid evolution and adaptation of the full chain.n
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