Web3.0 layer2 paradigm network at the “World Blockchain Summit”
The Conscious Value Network (CVN Network), went live on October 15, 2021, Dubai time, with the Dubai Beta network.
The launch of the Dubai Beta means that CVN’s journey to create a Layer 2 network ecosystem of the Web 3.0 paradigm is officially launched.
To applyblockchains and cation-based miners around the world are invited to join the CVN network to build a more open, more just and a safer next-generation Internet and unleash the innovation potential of Web3.0.
World Blockchain Summit 2021 kicks off in Dubai on October 13.
Official information shows that the World Blockchain Summit, launched by the government of Dubai in 2018, is the first and largest trade fair for blockchain technology and applications in the Middle East and North Africa. Was the topId at Dubai World Trade Center for four days from October 13 to 16 and brought together prominent guests from international companies such as IBM, Google, UAE National Archives, Emirates Post Group and the members of thThe Royal Family of Dubai.
DurinAt the conference, as a silver sponsor and guest project party, the CVN team showcased and demonstrated the power of CVN Web3.0 paradigm layer2 core network infrastructure, application platform ecological and business landed to make changes at many high level levels.operators, innovative technology companies and strong investors from all over the world through exhibitions, conferences, seminars and forums.
James Sung, co-founder of CVN Conscious Value Network, was a guest speaker, delivering his insights ffrom the perspective of transformational breakthroughs, eco-applications, mining deployments and communities of destiny distributed in cyberspace, and by announcing the CVN Beta: Dubai Beta network for global users, communities, eco-builders, investors and supporters October 15. The Dubai beta will launch on October 15.
James said that the CVN project has experienced 4 years of development through the collaborative efforts of global technical staff, based on green facilities, industry resources, technologiesaccumulation of ogie. The project achieved a breakthrough in 2021, completing a new mainnet upgrade to Layer 2 of the Web 3.0 paradigm. âCVN has been completely redesigned from scratch and the final polish is ready, and we think it’s ready to go. “
The new CVN is positioned with the VRF + consensus algorithm Layer 2 backbone Publish decentralized time-proof storage, with distributed storage cloud + BaaS operating system + application platform for ecological scenarios as the core business; safer– on-chain and off-chain DAO governance, extending the maximum number of nodes to 2100, maximizing decentralization; layering Publish consensus, supporting both traditional HTTP interface and IPFS file transfer protocol, layer book consensus and storage protectionf consensus, by building a fast and stable blockchain sublayer.
As one of the first decentralized storage projects in the layer2 network, CVN’s main goal is to provide infrastructure services such as data flow storage and distribution, messaging, peer-to-peer accounting. to-peer, variable resource updates, code and data storage. of DApps such as insurance, payment channels and blockchain data.
We mainly use ZK Rollup technology solution which provides low transaction fee and high throughput and provides security by tracking history of state roots and hashes by batch, making CVNs faster, more secured and profitable. It also allows users to store assets in ZK Rollup with Layer 1 security and group multiple transactions together to run simultaneously into a single transaction on the same layer. At hisAt the same time, it allows users to interact with Layer2 contracts, enabling efficient interaction between Layer1 and Layer2.
We have now developed the ZK Rollup proof algorithm as a class of miners, creating a Layer 2 verifier node architecture that allows participants to efficiently pool their storage capacity and bandwidth resources in order to offer these services to all network participants, while receiving incentives from Ether.
Going back to the origin of the underlying infrastructure, we think that Web3.0 projects that are not pragmatic and poorly positioned for the role of blockchain would be difficult to market.
doomed to fall into the quagmire of being non-commercial. Therefore, we have decided that after the main CVN network goes online, a number of unique DApps will also be uploaded one after the other. These first decentralized applications are mainly to demonstrate the energy of the CVN network to developers and users, and at the same time, to constitute a strong support of value for CVNT.
1) UniveBlockchain rsal storage cloud, capable of supporting comprehensive services such as enterprise and complex level storage, indexing and retrieval DApp The data.
2) use case of Layer 2 network in SocialFi, GameFi, NFT and Metaverse, such as
–SocialFi system, which combines Social and Finance to build a perfect and coherent economic system for users, where everyone can earn income through their social influence and circle value.
-Earn Games economical game system, for excellent global game CP, NFProject T evenings, meta-universe token games (concept / board), game GameFi + Decentralized digital economic potential of NFT, through GameFi Launchpad, NFT smart contract platform, mining and machine gun pool, one-click IDO platform and The five busiThe segments of the offline gold game union provide multiple benefits to all users.
3??The BaaS platform, which provides modular development functions and cloud platform tools, allowing developers to focus on how blockchain can be applied in addition to their own business logic, rather than delving into the difficult problems of coding.
4??cloud of life
cloud of life video content distribution platform and player, on the rise of NFT, plans to build a decentralized original content distribution platform and an innovative original content analysis system covering content distribution, search, reading, qinvestment of quality content in and distributed DSN (streaming network), i.e. the blockchain version of the underlying cloud, supporting includeddesign, art, music, film and television content, etc., not limited to audio, video, manuscript, images and the likeits NFT sharing formats.
Help users put username, password, private key, fingerprint, face and all personal confidentiality data in a decentralized storage space for storage, management and identity authentication; also allows users to checky their identity via the blockchain for various chain governance, Challenge and other digital identity application scenarios, for example, becoming a tool for developers to add new identity algorithms and obtain statements of trust from the network, etc.
The following is the schedule of events related to the launch of the Dubai beta, subject to to Dubai time.
October 15, 5:00 a.m. all charge withdrawals will be closed, 6:00 a.m. check of charge status, 7:00 a.m. portfolio closure, launch of the CVNT Dubai Beta mining test network.
The test network is expected to take two weeks, and charging and removal will restart after the mainnet comes online.
1) Verification of node exploration and internal super node exploration tests.
2) Storage mining is started in test network Dubai Beta, using the invitation system, in which 2-3 mining teams should be invited.
3) Teams participating in the network storage mining test are able to use the processor or graphics card to mine through the unique algorithm and the amount of storage capacity. The faster the disk P, the higher the probability of extracting CVNT, which can later be transferred to the main network.
4) In order to better protect the interests of mining participants in the main network, CVNT will be released accordering informal mining production during the test network test period.
The new green mining model: VRF super node lossless pawn mining; ethereum exploring Layer 2 verifier nodes; Publishspace-time-proof storage space mining opens up a after another.
Finally, to all members of the community, supporters and future players in the ecology of the CVNT??
CVN Test Network: Dubai Online Beta means the project ecology is on and subsequent business actions will make sense and not beome a non-starter. It means that a large number of DApps can be developed on it and really start to be tested by users. Then how to get more developers, miners, users and investors to participate in ecology will become the direction in which we focus our effortsts.
We believe that no matter how much the blockchain stumbles, it move permanently to advance and even push the development of humanity.
However, we also understand that Web 2.0 has required more than a decade of development and continuous improvement so mall smart people around the world to achieve what they have today, and the time it takes for Blockchain Web 3.0 to become a mainstream adopted network is unlikely to be short.
The launch of the Dubai Beta is a milestone for CVN, and we believe that this is just the beginning. Take action, have patience and persevere to welcome our awaited era.