FLETA - Four Technological Innovations of FLETA
FLETA is a platform for a sustainable DApp ecosystem. FLETA aims to provide technical support services for developers to build efficient and independent DApp. FLETA will maximize the function of blockchain technology and provide a distinguished token economy so that in the end the DApp can operate independently and freely and generate infinite scalability.
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Independence, freedom and infinite scalability can be achieved with the technology that underlies the FLETA ecosystem. These technologies include block redesign, new consensus algorithms, multichain structures, and parallel sharding.
- Block Redesign and LEVEL Tree Verification
USP application number: 62717703
Block is the core of the blockchain, which consists of block headers and transaction lists. Block is a part that is directly related to processing speed and storage capacity. Simply put, the larger the block size, the slower the processing speed. Therefore, to speed up processing speed, FLETA redesigned the block structure to a smaller size of 43%. Reduced data storage optimally will speed up processing speed to 1.8 times faster.
In addition, FLETA uses the LEVEL Tree verification method instead of the Merkle Tree. Unlike Merkle Tree, which continues to undergo many calculations, LEVEL Tree performs the process of validating high-quality transactions with less data reception. LEVEL Tree groups 16 blocks as one unit for the hash and hash of the unit into 16 parts. LEVEL Tree creates a tree where the transaction hash process is simplified and each level has 16 subunits. This method makes the system much more efficient, memory and resource calculations are far less used, so reducing the size by 90% and simultaneously increasing the processing speed more than 5 times.
- Proof of Formulation (PoF)
USP Application Number: 62717695
The consensus algorithm is part of the blockchain network to verify the validity of blocks generated and guarantee authenticity in the network. Currently, there are several consensuses and the most popular consensus are PoW (Proof of Work), PoS (Proof of Stake) and DPoS (Delegated Proof of Stake). These consensuses have its advantages, but the speed of the blockchain remains a problem. To solve this problem, FLETA developed a new consensus namely Proof of Formulation (PoF).
In the PoF, block mining and block creation sequence are arranged by the formulator group. Formulator group consists of all nodes that generate blocks and all groups of mining nodes. Formulator group shares and confirms the order of block creation and executes block creation after the sequence is shared and synchronized. The order of blocks creation follows the ranking of the formulator group. The first rank becomes a block generator and when a block is generated, the observer node will confirm, then the synchronization group (rank 2 to 10) spreads the latest block. When a block is added to the blockchain, the first node automatically exits and the runner up is ranked first to produce the next block and so on. Such a mechanism will create a system that is so efficient, innovative, and also minimizes unnecessary work.
- Independent Multichain Structure
FLETA uses a structure where each subchain has its own independent chain, with separated observer nodes and formulator to operate the chain itself. FLETA separates functions and data fields so that DApps is not influenced by each other. A structure like this will solve the problem of the advantages of the main chain and reduce the costs of developing and using DApp, and providing unlimited scalability.
- Parallel Sharding
In parallel sharding model, each shard operates independently in a parallel structure without being connected to another shard, which means that each shard has its own chain. Models like this do not allow for double spending, giving FLETA the ability to process tokens and coins transactions quickly and efficiently, up to 20,000 transactions per second (TPS).
For more information, visit the FLETA website and read the whitepaper.
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