Technical Details
Last updatedTechnical Details
Buio’s blockchain is designed for maximum scalability, security, and ease of use. We leverage a hybrid consensus mechanism that combines Proof of Stake (PoS) and Delegated Proof of Stake (DPoS) to ensure the network is both energy-efficient and highly scalable. Here are the key technical components of the Buio platform:
Blockchain Architecture:
- Hybrid Consensus Mechanism: Buio uses a hybrid of PoS and DPoS to strike a balance between energy efficiency, decentralization, and transaction speed. This allows for a robust security layer while ensuring fast transaction finality.
- Scalability: Buio’s blockchain is optimized to handle thousands of transactions per second (TPS), making it a highly scalable solution for decentralized applications (dApps) and financial services.
- Smart Contracts: Buio supports Ethereum-compatible smart contracts, enabling developers to easily deploy decentralized applications on our platform. The smart contract language of choice is Solidity, ensuring compatibility with existing Ethereum dApps.
Key Features:
- Interoperability: Buio supports cross-chain functionality, allowing for seamless asset transfers and interaction with other blockchain networks.
- Transaction Finality: Transactions on the Buio network are confirmed within seconds, offering one of the fastest block times in the industry.
- Security Protocols: Buio’s platform is secured using industry-standard cryptographic techniques, including AES-256 encryption and elliptic curve cryptography (ECC), to safeguard user data and digital assets.
- Scalable Consensus Layer: The hybrid PoS/DPoS mechanism allows the platform to handle network congestion efficiently without compromising on performance.
Future Technical Upgrades:
- Layer 2 Solutions: To further enhance scalability, Buio will implement Layer 2 scaling solutions like rollups and state channels, enabling off-chain transactions that are later settled on the main blockchain.
- Zero-Knowledge Proofs (ZKPs): For enhanced privacy, Buio plans to integrate ZKPs, allowing for confidential transactions and private smart contracts without compromising the integrity of the blockchain.