RE: Platforms

avatar

You are viewing a single comment's thread:

A lot more than that coming. We saw the first transaction on the Hive SON take place yesterday.

Posted Using LeoFinance Beta

leofinance hive-167922
0
0
0.000
7 comments
avatar

All the more reason to start building now. Huge possibilities right now but you gotta take action.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

SON ?
Tell me more about this !

Posted using LeoFinance Mobile

0
0
0.000
Reply
avatar

Hi @onealfa

The short answer to your question is:

The Graphene based blockchains (Bitshares, @Peerplays, Hive, EOS, Telos etc) doesn't have a decentralized mechanism connect to other blockchains. While chains like Polkadot is heavily focused on cross chain functionality from ground up and reaping rewards. The Sidechain technology created by Peerplays intends provide a solution for this particular problem. SONs aka Sidechain Operator Nodes provides decentralized, elected, DPoS like solution to address this problem.
source

The long answer:

Found here

9BFC0746BE3E44529E6344A319F731D4.jpeg

This document explains few terms like the SON heartbeat and gives sample logs in few common scenarios. This is expected to handy for operators to monitor their network.

The Graphene based blockchains (Bitshares, @Peerplays, Hive, EOS, Telos etc) doesn't have a decentralized mechanism connect to other blockchains. While chains like Polkadot is heavily focused on cross chain functionality from ground up and reaping rewards. The Sidechain technology created by Peerplays intends provide a solution for this particular problem. SONs aka Sidechain Operator Nodes provides decentralized, elected, DPoS like solution to address this problem.

The solution involves:
Peerplays Blockchain
Hive Blockchain
Hive Public API nodes
Sidechain Operator Nodes on the Peerplays chain
A multisignature Account on the Hive blockchain
A multisignature Account on the Peerplays Blockchain
How does it work ?

The Nodes
The Sidechain Operator nodes are similar to the witnesses and they run Peerplays blockchain software with sidechain_plugin enabled. We can elect these 15 nodes using the stake weighted voting & the nodes are rewarded for performing the cross chain transactions. The reward is propotional to the number of transactions each node processes on a daily (24 hour time period.)

This makes it extremly important for these SONs to be available all the time, communicte with each other over a reliable channel and have fast connectivity with the Hive blockchain.

The SONs performs periodic heartbeats using the Peerplays blockchain as an event bus to commuicate. This provides a reliable communication channel to maintain the network status.

Source as above.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

Whats's the HIve SON?

0
0
0.000
Reply
avatar

It has something to do with PeerPlays.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

Oh I have vaguely heard about that. I've heard they have a TERRIBLE marketing video for Hive, but I haven't yet seen it myself.

0
0
0.000
Reply