Consensus Mechanism Of HPOS

HPoS is a new consensus algorithm adopted by UtilityNet based on PoW and PoS to guarantee the security of cryptocurrency networks and the rights of related arithmetic providers. It can solve the problem of PoW being used for hashing operations during mining, which results in excessive energy consumption, and avoid the problem of " trust balance" under PoS equity distribution. It also ensures that the large amount of AI computing power provided to UtilityNet can be called and leased by the users who need it, instead of using the relevant computing power only for hashing operations.

UtilityNet networks can adjust inputs to produce the best possible results without having to redesign output standards. The selected technical parameters of the UtilityNet network include: ·Transactions per second:>30000;·Number of blocks per second: 1-2 minutes, depending on the calculation result of AI algorithm; Block time depends on the network load (TPS).

UtilityNet nodes (block producers) need to burn UNCs in the early stages to receive rewards. The reward is allocated according to the total normal execution duration of the block generation node. Each block generation node receives the score of each generated block. If a node does not generate blocks for any reason (for example, due to network problems, insufficient processing capacity or insufficient execution time), the previous score of the node will be deducted. When a block is formed, a verifier list is also generated. The verifier is added to the list according to the score received. The task specified above passes through the UtilityNet network, and then we receive the task of the y '=f (x) target function. Each y 'will go through the technical layer. After that, we get the percentage of the maximum mass deviation. The reward for block generation depends on the percentage of contributions in the network.