Technical vision for a blockchain system that can revolutionize the whole ecosystem of the blockchain industry.
Libonomy has landed a partnership with Coin Capital
As the year draws to the end it has rapidly gotten more and more exciting for us. Successful testnet into mainnet launch, Coinstelegram Fund choice for the best blockchain startup of the year and now signed a partnership with Coin Capital.
Coin Capital is a company that helps facilitate transition from centralized to decentralized systems in this digital era. It is regarded as established company being one of the world’s leading digital currency banks, marking this as a major milestone for Libonomy – a newcomer to decentralized technology.
“I am excited to be helping lead the way in blockchain innovation with a project as groundbreaking as Libonomy.” – Armando Levy, owner of Coin Capital.
But, as exciting as it has been, we are not ready to call it a year just yet – there is more to come for us in 2020. In November and December, we will gradually release more updates for the blockchain itself including SDK platform, smart contracts, decentralized exchange, multi-currency wallet and more. Also, perhaps the most exciting part of the project, public offering and listing is still in books.
Libonomy Consensus Algorithm
Aphelion is the name of Libonomy’s consensus run by artificial intelligence; it introduces a new type of architecture as well as enables dynamic updates, enhances system’s security and ultimately improves scalability.
When nodes join the Libonomy blockchain system, the artificial intelligence engine runs analysis evaluating the data regarding their capability, speed of transactions and communication; all information is then combined to understand the nature of the nodes in the system.
Once the analysis is completed, the data is transferred to the algorithm which classifies the information and assigns each of the nodes to one of the four different pools:
- • Power Pool: the main pool where the transactions are verified and validated
- • Exploit Finding Pool: runs security checks on nodes to look for any issues with them
- • Audit Pool: assigned for the application of rules and regulations
- • Maintenance Pool: a pool for all the nodes that are not assigned to any other pool and are associated as a backup
Download Mining Software
Join the Libonomy network now! Simply download the light node software on your device, install it and start earning based on your contribution to the network. Quick and simple, you’ll be set up within minutes!
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