Ulord CEO participates in Dialogue of The Great Public Blockchain: the Development Trend of Public Blockchain and Future of Ulord
At 20:00 (Beijing time), On July 3, 2019, Ulord CEO accepted Dialogue of The Great Public Blockchain hosted by Find.
Host, Laoguo, the founder of Find.
Laoguo:
A brief introduction about the function of the Ulord public blockchain.
Ulord CEO:
Generally speaking, the public blockchain means that a blockchain on which anyone can read data, send transactions and join the competitive accounting.
In my opinion, the concept of the public blockchain, like blockchain, contains more technologies than we know, such as AI, big data, and cloud computing.
Compared with the current mainstream public blockchain, there is network congestion in Ethereum, EOS has fairness problems, and Ulord hopes to solve these problems to build a grander ecosystem.
First, we have built a Ulord masternode ecosystem. Ulord hopes that anyone can participate in the Ulord public blockchain and build the ecosystem. For example, users with storage resources can devote their storage resources, and users with community resources can promote the community building.
Second, rebuild the chain system of Ulord. We will develop UPFT (UPoS+UBFT) consensus algorithm, TPS of which is 1000 times faster than Ethereum, is fairer than EOS. It is easy to be modular and pluggable.
Then we will launch a decentralized storage service. The storage problem must be solved to facilitate application. UDFS, the distributed storage system, can store data well and keep the data unchangeable, safe and reliable. UDFS also combines the technology of CDN to make the quality of access.
Now UDFS is completed, and it mainly provides the joining function of storage nodes and provides API interface access. You can visit https://udfs.one.
Laoguo:
What are the advantages of UDFS compared with IPFS?
Ulord CEO:
1. It is much safer. UDFS has the backup function to prevent file loss. IPFS may cause file loss. Besides, the IPFS network does not require any authentication, and any node can join. UDFS data access provides AK/SK security mechanism authentication to ensure the security of data access.
2. Avoid regulatory risks. In terms of supervision, IPFS is based on the DHT network. It is difficult to supervise. Instead, UDFS uses blacklist filtering, and content transmission control technology greatly reduces the risk of supervision.
3. High speed. IPFS file will be saved on the node in the form of a copy. UDFS adds CDN, making storage access faster.
4. The incentive mechanism is fairer. UDFS gives reward according to the storage space and network traffic. It needs to quantify the contribution value and then reward it according to the contribution value.
Laoguo:
Welcome to visit UDFS website: https://udfs.one
What is the difference between Ulord and the other public blockchains?
Ulord CEO:
Ulord will have these breakthroughs:
First, we has built a Ulord masternode ecosystem. Ulord hopes that anyone can participate in the Ulord public blockchain and build the ecosystem. For example, users with storage resources can devote their storage resources, and users with community resources can promote the community building.
Second, we launched UDFS to provide reliable storage service for the public blockchain with smart contract.
Third, we made major innovations to the existing sidechain technology, making the transaction more convenient, faster, and can support cross-chain transactions.
Forth, we have made corresponding solutions to the tracking of data, and can support application scenarios like copyright confirmation and data sharing.
Laoguo:
The Ulord community thinks that Ulord has strong technology and weak operation. Do you agree? What do you think is the meaning of operations for the public blockchain? Will it be adjusted next?
Ulord CEO:
We will have a big adjustment, and believe that professional people should do the work they are good at.
We will consider a complete transfer of Ulord operation, and now it is in docking. Our technical team is mainly responsible for the technical implementation and application scenarios of Ulord.
Laoguo:
At present, in which field is the public blockchain most likely to achieve large-scale application?
Ulord CEO:
It can mainly used in traceability, data sharing and token design. For example, copyright issues for digital content, such as IP securitization issues and digital asset trading scenarios.
