CEZO is off-chain computing using the Linux operating system and utilizing off-chain and blockchain technology

in #bitcoin4 years ago

Introduction:

One of the biggest obstacles to the higher adoption rate of decentralized services originating from the Blockchain network are bandwidth limitations and traffic congestion, which greatly slows down computing and transaction speeds. This white paper will explain how the off-chain computation offered by CEZO through Linux systems to solve many of the main problems of Blockchain, increase computation speed, security and effectiveness of Smart Contracts.

Cezo OS:

Off-Chain Computing Using Custom Linux Operating Systems To Reduce Blockchain Loads and Faster Processing Running on systems that function on both off-chain and Blockchain, CEZO is intended to be a model that compensates for slow computation and data transmission over traditional Blockchain throughput. It does this by providing a two-layer processing solution where simultaneous data processing such as those involving smart contracts is carried out via Blockchain nodes and nodes via CEZO.

As such, the dApp addresses the number of perceived shortcomings of the Blockchain service that prevent wider adoption of the technology in most sectors. It will also assist in the creation of new dApp services that are specifically geared towards providing additional compute speed for other dApps that are on the market and which will emerge in the inevitable expansion of technology adoption.

Scalability

As of now, there have been significant scalability constraints associated with dApps. With the biggest concerns being security and decentralization, many platforms and developers are struggling with widespread adoption. This applies to many areas, but most specifically in trading, financial transactions and gaming. The problem becomes more pronounced during periods of high congestion, thus slowing data transfer or token access even more.

Definition of the dApp

The decentralized application is an open source platform that operates autonomously with full transparency and without a single individual or special interest controlling the token contract. Any change, increase, or shift in usage is agreed upon by the majority and all relevant data is stored in a decentralized blockchain network accessible to the public. Cryptographic tokens are the only method of access, generated via a cryptographic algorithm that represents the contributing nodes that support the application.

The value of the dApp

Due to the nature of dApps, value is often user dependent with a few exceptions such as the so-called Stablecoins. Treated as a digital currency, Stablecoins are rated according to specific fiat currencies. That is, if a particular Stablecoin is said to be worth only $ 1.00 USD per coin, this value will not change. In contrast, Bitcoin is worth as much as the market determines, thus making it much less volatile.

Off-Chain Calculation

One of the biggest challenges of blockchain is the problem of slow transaction speed due to the computational power limitations imposed by the many nodes that data has to pass through. This is the price of security because every line of code is thoroughly inspected, even those in chains that are outside the main block.

Blockchain and Demanding Calculations

Security and privacy are two features of blockchain that make the technology highly sought after. However, it comes at a price in terms of processing speed. Due to the fact that data must pass through so many nodes before arriving at its final destination, there is an implicit expectation that transaction speeds will be slow.

Linux Core for Blockchain Calculations

A large number of today's technology tools and applications are built from the back of the Linux OS. As an open-source platform, it has been at the core of many other ecosystems used by tech giants like Google with its Android OS, as one example. Blockchain is no different, with different services using Linux in different ways.

Smart Contract

Smart contracts have been theorized for decades and were introduced in the mainstream in 1994 by Nick Szabo. However, it wasn't until the Ethereum blockchain was launched in 2015 that the idea became more widely recognized and used. The idea behind a smart contract is to create a program that will have its own executable code and will have its own variable store that controls access in the form of a token.

KEY BENEFITS:

There are several main benefits that come with using the off-chain computing offered by CEZO, the main one being reduced bandwidth load. There are many instances where it is suggested that less decentralization is the answer, but it is not. Off-chain computing provides a workable middle ground where calculations are performed faster and where they resolve dispute resolution without being completely centralized.

Combined Mining
Platform Bridge
Scalable Transactions
Major Big Data Potential
Reputation Management
Easy Execution Verification

TOKEN:

Details of our Token Recipients.

Mining reward: 36%
Team: 25%
Public sales: 15%
Reserve Fund: 8%
Private sales: 10%
Bounty and events: 6%

TOKEN DETAIL:

TOKEN NAME: CEZO
TOKEN SYMBOL: CEZ
SMART CONTRACT: 0xFEbc25f4c5fc3E90a7eFaE0b4d436A77c9e131B3
TOTAL SUPPLY: 9,900,000,000 CEZ

ROADMAP:

K1 2019
Research the problem and draft an early whitepaper

K2 2019
Starting from the ICO 1.0 Whitepaper, internal testing

K3 2019
Closed source code is ready

K4 2019
Code checking, final testing and verification

K1 2020
CEZO token creation

K2 2020
Advertising, gifts and ICOs

K3 2020
Displays the DApp running on CEZO OS

K4 2020
Testnet

K1 2021
PoS mainnet (mining support enabled)

K2 2021
SDK, source code publishing

OUR TEAM:

Manuel silva
Blockchain developer

Anthony francis
CEO

David Cavalli
Frontend Web Developer

Peter Chen
Full Stack Engineer

Albert Morawski
Software Engineer

Conclusion:

In recent years the development of cryptocurrency and blockchain has attracted the attention of the public, which presents features and protocols that allow cryptocurrencies and blockchain to be applied in more complex cases. But often this development is caused by several problems such as processing speed, operating system limitations, and several other problems.

CEZO is a Linux-based operating system developed for DApps. CEZO allows developers to be able to develop DApps with the best ecosystem available on the market today, which can reduce blockchain load and faster processing, as well as many other things that can be achieved with the CEZO operating system.

Accurate information below:

Website: https://cezo.io/
Twitter: https://twitter.com/cezo_io
Media: https://medium.com/@cezo_io
Telegram: https://t.me/cezo_io
Github: https://github.com/cezo-os