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ErbieChain

ErbieChain is a platform integrating advanced and support for non-transferable tokens like ChainLayer SBT (CSBT). It emphasizes efficiency, scalability, and security, offering solutions for and data management. The platform incorporates unique features, such as blackhole blocks and assetized web data, to address challenges in modern networks. [1]

Overview

Erbie is a public that uses the DRE consensus algorithm, designed for low energy consumption, high concurrency, and compatibility with the . It builds on capabilities by incorporating ChainLayer SBT to support the aggregation and assetization of Web data, aiming to create a decentralized, application-oriented network. The employs the Dynamic Random Election (DRE) , a protocol suitable for asynchronous environments with security resistant to quantum threats. Its multi-layer architecture, consisting of transport, , API, and application layers, ensures network security and efficiency. Block rewards in Erbie include ERB, the native , and CSBT, a chain-layer . ERB is used for fees, storage fees, and collateral, while CSBT acts as a mapping medium for web data, enhancing security and reducing costs. [2]

Features

Dynamic Random Election (DRE)

ErbieChain's combines the Dynamic Random Election (DRE) algorithm and for block validation. The algorithm reaches a consensus on ordinary blocks, while the DRE algorithm selects the participating in . To address situations where an excess of malicious disrupts the production of ordinary blocks, ErbieChain introduces "blackhole blocks" and employs the Weighted (WPoS) consensus algorithm to validate them.

The DRE algorithm accommodates the openness of public , where numerous and miners participate. Since the algorithm cannot manage many , the DRE algorithm elects a limited number of miners to ensure efficient consensus. It uses a "drop point," a spatial coordinate generated by random seeds from the and staker lists, to select 11 for ordinary block consensus.

are influenced by "online weight," which measures their activity ratio. This weight has a maximum value of 70 and decreases by 20 each time a miner fails to produce a block, while successful block production restores it to 70. When a new block is generated, a drop point is calculated using the perimeter chain algorithm, and are selected based on their proximity to this point. The distance between a miner and the drop point is determined by factors such as pledging amount and online weight, minimizing the selection of offline nodes. [3]

Weighted Proof of Stake (WPoS)

WPoS, a variant of adapted for ErbieChain, is used to validate blackhole blocks. The amount of staked tokens also incorporates "online weight," influencing a miner's stake. Nodes that go offline experience a reduction in their online weight, diminishing their impact on the network while being online restores their weight and influence. [4]

Network Layer

ErbieChain is a network of thousands of communicating through standardized protocols. The network layer provides the protocol stack, enabling to locate each other and exchange messages, which can be broadcast messages for one-to-many communication or direct exchanges between specific . must adhere to network rules, including maintaining accurate records of network topology and online , verifying message authenticity using sender signatures, and ensuring broadcast messages are propagated across the network. [5]

Blackhole Block Message Protocol

The blackhole block message protocol in ErbieChain manages the consensus process during blackhole block creation. Using the list, miners are selected in sequence every five seconds to generate voting messages distributed across the network. If the proposer’s voting weight exceeds 50% of the total network weight, they attempt to produce a blackhole block. Voting continues in sequential rounds until consensus is reached and a block is successfully created. [6]

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Gossip

The Gossip protocol in ErbieChain facilitates the exchange of information among , ensuring consistent data across the network. Used for broadcasting blocks, proofs, authentication, exits, and forfeitures, the protocol operates within a defined payload limit based on local metadata. Gossip, modeled after epidemic spread, supports distributed systems by effectively disseminating data.

There are three data transmission modes: Push, Pull, and Push-Pull. In Push mode, a node sends updated data to another, incorporating newer information. Pull mode involves a requesting updated data from another and sending the relevant updates. Push-Pull combines these methods, allowing to exchange updates bidirectionally and enhancing efficiency. Gossip protocols include dissemination, anti-entropy for data repair, and those computing system-wide aggregates. [7]

ERB

ERB functions as the primary on the Erbie , facilitating payments for on-chain , storage, and CSBT protocol invocation fees. It also serves as collateral for and . A significant portion of ERB issued through inflation is allocated to stakeholders based on their staked holdings. The inflation schedule aims to ensure balanced yields for both token holders and validation service providers, who earn commissions from yields.

The percentage of ERB influences the yield relative to the total supply, making the distribution and delegation of tokens across critical in setting initial inflation parameters. As network usage is expected to grow over time, the inflation rate is designed to decrease, aligning with the anticipated increase in on-chain activity. [8]

Tokenomics

ERB has a total supply of 600M and has the following allocation: [8]

  • Mining Reward: 50%- Ecosystem Fund: 15%- Founding Team: 10%- AI & Infra: 10%- Strategic Investor: 10%- Seed Investor: 5%
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Chainlayer SBT (CBST)

CSBT (ChainLayer SBT) is a non-transferable token mined at the chain layer of the Erbie chain. Retaining the characteristics of traditional Soulbound Tokens (SBTs), it introduces enhanced security and lower invocation costs through the Erbie chain's technological infrastructure. Once allocated, CSBT cannot be transferred, ensuring its role as a unique identifier and proof of achievement. It is mined with every block on the Erbie chain, making it integral to the ecosystem.

CSBT offers advanced security features, safeguarding against malicious attacks and data tampering. The Erbie chain’s optimized design significantly reduces usage costs. Additionally, it facilitates the mapping and assetization of web data, expanding its functionality beyond identity verification and proof of achievement. This integration positions CSBT as a key element in identity management, community governance, and data utilization within decentralized networks. [9]

Assetization

CSBT enables the assetization of web data, transforming it from simple information into valuable, tradable assets on the . This integration records data ownership and usage rights with immutability and high security, ensuring data is mapped to its owner. Through CSBT, data can be traded on decentralized markets, creating new opportunities for income through the sale or lease of data assets.

The process enhances data security and transparency, as all transactions and usage records are permanently stored on the , preventing tampering or fraud. It also reduces data management costs by making storage, transmission, and management more efficient and economical. Data owners can earn revenue through a decentralized platform by allowing their CSBT to be invoked, with earnings distributed automatically via . This approach improves data utilization and contributes to developing a decentralized data economy. [10]

Partnerships

  • Mandra Capital
  • Liquid 2 Ventures
  • LIMINO
  • LinkLayerAI
  • E/M Group
  • StraitS
  • CodeX
  • Reflection
  • MANA3
  • AIA:A
  • Gameta
  • Edge Matrix Chain (EMC)
  • Bankcoin
  • INTO
  • Bit Rivals
  • AllSpark
  • Cheersland
  • Terminus
  • I AGI Open Network
  • Collably
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