It will last, it will essentially be indestructible to life’s daily carry. The intention is to build a product that lasts for ever, no threads that will fail, no cheap leathers that will disintegrate with use. Therefore, as storage for the Decentralized Cloud Blockchain becomes more demanding, we could possibly see another record-breaking block size in the future to drive the powerhouse that is ILCoin.ĭisclaimer: This a paid post, and should not be treated as news/advice.The Indestructible collection is centered around hand hammered and hand domed rivets with American Bison leathers. The 5 GB block is only the beginning.Īs necessity dictates, the block size can be upgraded to a theoretically unlimited size. With the ILCoin’s RIFT Protocol, the energy consumption to produce the block will be minimal thanks to their closed mining policy as well as the RIFT’s programming. However, it will limit miner participation hashrate to allow all miners who want to join the network a fair chance at mining while at the same time preventing any mining pool dominance essentially it will even the playing field.īig block engines have a downside. In its future update, when it becomes C3P, it will allow other miners to connect to the network. C2P, for readers new to this technology, is a security protocol integrated directly into the Proof-of-Work algorithm effectively changing the algorithm from simply POW to POW/C2P.Ĭ2P already makes ILCoin immune to 51% attacks by automatically refuting unwanted miners even though the source code is open source. ILCoin uses SHA-256 Proof-of-Work technology which will also make ILCoin the first SHA-256 blockchain to successfully utilize any type of smart contract.Īlso, on the docket for evolution within the ILCoin blockchain is the Command Chain Protocol itself. Smart contracts are also in development by the ILCoin Development Team. The RIFT Protocol is priming the way for this new Decentralized Cloud Blockchain as well as other future developments. There are many types of cloud storage available today, but none of the storages may boast such a longevity and overall immunity to data decay as would an on-chain data storage network completely contained within mined blocks. The implications of which mean yet another blockchain first for the ILCoin Development Team complete on-chain data storage. Just one year later after the release of the RIFT Protocol, the ILCoin Development Team will be releasing their Decentralized Cloud Blockchain. The new block size will give enough room within each block to store much more than transaction data. What does this bigger block mean for cryptocurrency? This referencing system allows for a completely secure sync as no block may be added or missing from the series less the block, nay, the chain become completely rejected. The block’s information will be broken down into smaller Mini-Blocks which upload asynchronously.Įach Mini-Block is referenced not only to the primary block being mined but to the previous and next Mini-Block in the series using a highly unique hash. A 5 GB block will not have to synchronize all at once. RIFT Protocol is able to achieve these large block sizes due to the way it handles data synchronization. ![]() Up until now, Bitcoin SV has the record for the largest mined block on the live network set at 128 MB. The maximum capacity of the block will be 5 GB making it the largest functional block size to successfully operate on a live network. ![]() This new, big block protocol will be primed and ready to take on much, much more work than its current 25 MB block. ![]() ![]() At the end of November of this year 2019, the ILCoin Development Team will be rolling out its newest model: the big block RIFT Protocol. ILCoin is the big block motor of cryptocurrency. With more power, the vehicle can do more work and do that work much more easily than that of a vehicle with a smaller engine block. If you can pump more fluids such as oil, gasoline, air, etc., you can produce a larger combustion which, in turn, cranks larger components. There is much more space for fluids to be contained within. The importance of having a big block in a vehicle motor means the vehicle will have much more power overall.
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