TheChain: a fast, secure and parallel treatment of transactions

The Smart Distributed Ledger (aka blockchain) has attracted much attention in recent years. According to the European Parliament, this technology has the potential to change the lives of many people. The blockchain is a data structure built upon a hashed function in a distributed network, enabled by an incentive mechanism to discourage malicious nodes from participation. The consensus is at the core of the blockchain technology, and is driven by information embedded into a data structure that takes many forms such as linear, tree, and graph chains. The found related information will be subject to various validation incentives among the miners, such as proof of stake and proof of work. However, all the existing solutions suffer from a heavy state transition before dealing with the problem of a validation mechanism which suffers from resource consumption, monopoly or attacks. This work raises the following question: "Why is there a need for consensus where all participants can make a quick and correct decision?", and underlines the fact that sometimes ledger is subject to maintenance from regional parties in the data that leads to partial territories and eliminates monopoly, which is the hurdle to eliminating the trusted party. The validity of the blockchain transaction comes from the related information scattered above the data structure, and the authenticity lies in the digital signature. The aim is to switch from a validator based on incentives to a broadcaster governed by an unsupervised clustering algorithm, and the integrity does lie in the intersection among regions. However, the data structure takes advantage of the Petri network regarding its suitability. Building the entire ledger in the Petri network model will allow parallel processing of the transactions and securing of the total order between the participants on the memory reference layer. Moreover, it takes account of validation criteria quickly and safely before adding the new transaction list using the graph reachability

Novel artificial intelligence method for decision chain within blockchain technology

The objective of the distributed system is to distribute the resources and the calculations. Blockchain is the art of interconnecting data into a tamper-proof and tamper-resistant ledger. Security is ensured by making the cost of malicious activities very high, trans- parency is inherited from a high level of duplication, and privacy is the result of using cryptography. Consensus is at the heart of the technology to orchestrate nodes to provide finality. However, it has a disadvantage because it bases the decision on different means, which are votes, stake or resources. The decision makes the system prone to monopoly or inconsistencies. In addition, the system suffers from a high validation lag compared to centralized systems. Thus, the injection of a novel artificial intelligence method that can learn and automate the space of actions allow the technology to respond to criticisms of efficiency. This work introduces a new approach in the maintenance of distributed ledger. It will start with the introduction of TheChain as a platform, which is based on the concept of node independence as incentive for competency. Second, TheCoin is the data that will be exchanged between different nodes, which is flexibly modeled to hold different types of symbolic elements. Finally, TheTree is a sociology-inspired approach to maintain va- lidity. It introduced the concept model as a distributed modeling approach and changed decision and security from a component to a network. At TheChain level, monopoly as a philosophical issue was addressed, a conceptual comparison was demonstrated, a se- curity discussion and an operation scenario were investigated. At TheCoin level, discus- sion of security, conceptual comparison, system size and performance are demonstrated. TheTree section will provide a safety discussion, formal study, environment modelisation and conceptual comparisons. The contribution is to provide a non-monopoly-prone plat- form built on a new philosophical principle to solve security problems. Second, TheCoin reduce the size of the block and retain the use of coins to offer parallel transaction pro- cessing, in which it has been reported that TheCoin can be with 10% of normal block size in case of micropayment. TheTree defined a new approach to dealing with malicious users by leveraging regional consistency. The propagation and consistency times are faster than any previous work. Moreover, the cost of malicious activities has been shown to be very high