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转载 MGC TOKEN technical explanation —— Independent wallet storage technology

Offline storage technologyMGC Token is a decentralized blockchain currency wallet that is really just a blockchain software. Your currency is not in the wallet company, nor in your mobile device, the...

2019-02-15 16:27:02 704

转载 MGC TOKEN technical explanation —— Intelligent contract Technology

MGC Token Smart ContractThe smart contract used by MGC Token is a set of promises defined in digital form, including agreements on which contract participants can execute these commitments. A contrac...

2019-02-15 15:08:42 1041

转载 MGC TOKEN technical explanation —— Issuance mechanism and distribution mechanism

MGC Token issuance mechanism and allocation mechanismThe digital currency MGCCoin, referred to as MGC, is the native encrypted digital token issued by the MGC. The first phase will be generated on Et...

2019-02-15 14:56:58 452

转载 MGC TOKEN technical explanation —— Consensus mechanism

MGC Token consensus mechanismMGC TOKEN uses the POS+POW+DPOS consensus algorithm. The following mainly introduces DPOS.DPOS algorithmDPOS (Delegated Proof of Stake), a share-based authorization cer...

2019-02-15 14:56:06 5522

转载 MGC TOKEN technical explanation —— P2P network (distributed peer-to-peer network)

P2P network and communication mechanismMGC Token AdvantageMGC Token is positioned on an application platform where smart contracts can be released and data can be interacted with and processed by ot...

2019-02-15 14:43:56 800

转载 MGC TOKEN technical explanation —— Data Format

Data formatAll data in MGCtoken is stored in the form of “recursive length prefix encoding (PLP)”, which concatenates arrays of strings of arbitrary length and dimension into strings.Blockchain, a b...

2019-02-15 14:31:41 662

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