Saturday, January 28, 2023
SHOP
XRPFamily.com
English EN Spanish ES
No Result
View All Result
  • Home
  • Cryptocurrency
  • Blockchain
  • Market & Analysis
  • Bitcoin
  • Ethereum
  • Xrp
  • XLM
  • Dogecoin
XRPFamily.com
No Result
View All Result
Home Blockchain

What is Humanode human-powered blockchain?

xrpfamily by xrpfamily
November 6, 2022
in Blockchain
0
What is Humanode human-powered blockchain?
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Humanode is a challenge that gracefully combines completely different technological stacks together with blockchain and biometrics. 

Humanode tech encompasses a bunch of layers equivalent to a blockchain layer represented by a Substrate module: a biometric authorization module primarily based on cryptographically safe neural networks for the non-public classification of three-dimensional (3D) templates of customers’ faces, a personal liveness detection mechanism for figuring out actual human beings, a Vortex decentralized autonomous organization (DAO) and a financial algorithm named Fath, the place financial provide reacts to actual worth development and emission is proportional.

Let’s take a look at them in additional element.

Substrate framework

Humanode is a layer-1 blockchain whose structure lies on the Substrate open-source framework that permits the short growth of extremely custom-made blockchains. Substrate, the brainchild of the Parity group, offers interoperability inside the Polkadot and Kusama ecosystems in addition to an surroundings for the creation and deployment of general-purpose or specialised blockchain networks with remarkably diverse parameters and sound capabilities. Being a Substrate-based chain, Humanode advantages from it and from the excessive throughput and scalability inherent to the Polkadot ecosystem. 

Consensus agnostic protocol 

One of many attention-grabbing options of Humanode is consensus agnosticism, which is the flexibility to alter the community’s consensus mechanism if the Humanode DAO approves it. It derives from the need for fixed analysis on probably the most appropriate consensus for a leaderless system with equal validation energy of nodes. Totally different consensus mechanisms have quite a few professionals and cons which continuously change. A swappable consensus mechanism permits the system to evolve and never be restricted by a single unchangeable framework. 

EVM-compatible smart-contract layer

On prime of that, Humanode is Ethereum-compatible. On account of an Ethereum Virtual Machine (EVM) pallet, Humanode can use current Ethereum growth instruments and benefit from smart contracts growth, supported by a number of fashionable languages together with Solidity and WebAssembly. However, Humanode can present non-public biometric processing and Sybil-resistance to quite a few Ethereum-based decentralized purposes (DApps) together with decentralized finance (DeFi) and play-to-earn (GameFi) tasks, NFT options, DAOs, metaverses and others.

Personal biometric search and matching 

As for Humanode’s biometrics stack, it looks as if the privateness and safety of biometric information have been among the many most crucial points of the challenge. 

As a result of non-public classification of pictures of customers’ faces, the system ensures the photographs’ privateness, performing all operations with out the customers’ biometrics information having to depart the machine. The one machine wanted to move biometric authentication is a smartphone with a digicam. As soon as customers scan their faces, they turn into human nodes. The entire course of is non-public and safe. All of the Humanode system cares about is that if the person is a novel human being, if they’re registered and if they’re alive. 

Decentralized liveness detection

A method that ensures that the biometric pattern is submitted from an actual reside particular person, a considerable safety characteristic that mitigates the vulnerability of biometric techniques to spoofing assaults, is known as liveness detection. Biometric liveness refers to the usage of pc imaginative and prescient expertise to detect the precise presence of a residing person somewhat than a illustration equivalent to {a photograph} or a masks, video or display, a faux silicon fingerprint or different spoof artifacts. 

Biometrics accuracy grew tremendously within the final decade. Presently, the potential of a match between two completely different folks is 1 to 125,000,000, and the potential of spoofing an identification with no actual human in entrance of the digicam is 1 to 80,000. And, these numbers are continuously enhancing.

For its first model of the crypto-biometric identification answer, which makes use of safe enclaves for some parts of the method, Humanode integrates FaceTec’s face biometrics and liveness detection. Humanode’s first testnet was launched in January 2021 and the official testnet 1 with liveness detection and the up to date technical stack was launched in September 2021. Since then, there have been extra testnets deployed with greater than 10,000 folks turning into human nodes.

Vortex DAO

Presently, there are three varieties of nodes within the Humanode ecosystem. First, human nodes who’ve handed biometric authentication and obtained a fraction of the community transaction charges. Then, there are delegators: nodes that choose to delegate their voting energy to so-called governors. Governors are nodes that take part in Humanode’s governance and should meet sure governing necessities. 

Every of those node sorts kinds an necessary a part of Humanode’s governance DAO named Vortex. Not like different tasks, which permit nodes to build up voting energy primarily based on how a lot capital they’ve or delegate, the Humanode platform ensures that each one nodes are equal by way of validation and voting energy, bringing true equality between friends in a decentralized surroundings.

Fath financial algorithm and rebalancing system

Humanode implements the Fath speculation as the idea for the circulation of HMND Humanode token (HMND). Fath is a financial algorithm with a proportional distribution of issued tokens. It’s a substitute for trendy fiat credit-cycle monetary networks and capital-based public blockchains.





Source link

Related articles

Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco

Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco

November 13, 2022
Zoho vows to double down on blockchain, AI as revenue hits $1 billion

Zoho vows to double down on blockchain, AI as revenue hits $1 billion

November 13, 2022
Tags: BlockchainHumanodehumanpowered
Share76Tweet47

Related Posts

Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco

Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco

by xrpfamily
November 13, 2022
0

The autumn of main crypto ecosystems — similar to FTX and Terra — this 12 months highlighted the significance of...

Zoho vows to double down on blockchain, AI as revenue hits $1 billion

Zoho vows to double down on blockchain, AI as revenue hits $1 billion

by xrpfamily
November 13, 2022
0

Chennai-based know-how agency Zoho has disclosed the corporate’s monetary place after operations within the final fiscal 12 months. The agency...

Circulating, maximum and total supply

Circulating, maximum and total supply

by xrpfamily
November 13, 2022
0

A cryptocurrency’s most provide is the whole variety of tokens that can ever be mined, and it's normally outlined...

Blockchain Based Metaverse and Crypto Gaming Stayed Resilient Amidst Crypto Winter – The Coin Republic

Blockchain Based Metaverse and Crypto Gaming Stayed Resilient Amidst Crypto Winter – The Coin Republic

by xrpfamily
November 12, 2022
0

Blockchain Based Metaverse and Crypto Gaming Stayed Resilient Amidst Crypto Winter  The Coin Republic Source link

What is the long-term solution?

What is the long-term solution?

by xrpfamily
November 12, 2022
0

Whilst the continuing Binance-FTX saga continues to dominate the crypto airwaves, there was a rising pattern — an uneasy...

Load More
  • Trending
  • Comments
  • Latest
Senator posts cryptocurrency bill on GitHub, chaos ensues

Senator posts cryptocurrency bill on GitHub, chaos ensues

June 23, 2022
XRP Holders To Receive $1,000,000,000 Airdrop, Says Crypto Investment Platform Sologenic

XRP Holders To Receive $1,000,000,000 Airdrop, Says Crypto Investment Platform Sologenic

December 18, 2021
Cryptocurrency price live – Bitcoin and Ethereum to be traded on Wall Street as Coinbase allows users to deposit crypto

Cryptocurrency price news – ISO 20022 to be implemented by all federal banks as Shiba Inu coin ‘could be on RobinHood’

October 6, 2021
ISO 20022 Cryptos: 5 Compliant Cryptos to Keep an Eye on in 2022

ISO 20022 Cryptos: 5 Compliant Cryptos to Keep an Eye on in 2022

January 22, 2022
Cryptocurrency: Crypto Week at a Glance: Consolidation with mixed results for altcoins

Cryptocurrency: Crypto Week at a Glance: Consolidation with mixed results for altcoins

0
What Is Forensic In Cryptocurrency Analysis? How Does It Help Law Enforcement Agencies?

What Is Forensic In Cryptocurrency Analysis? How Does It Help Law Enforcement Agencies?

0
How Bitcoin Mining Might Help Nations With Domestic Energy Production

How Bitcoin Mining Might Help Nations With Domestic Energy Production

0
Quick Lessons For Entrepreneurs How To Build A Blockchain Startup

Quick Lessons For Entrepreneurs How To Build A Blockchain Startup

0
Latest Super Bowl Odds, Betting Lines, and Predictions

Latest Super Bowl Odds, Betting Lines, and Predictions

January 28, 2023
Stellar 2022 wrap-up with end-of-year metrics, milestones, achievements

Stellar 2022 wrap-up with end-of-year metrics, milestones, achievements

January 27, 2023
Stellar (XLM) Falls 0%, Outperforms the Crypto Market Friday

Stellar (XLM) Falls 0%, Outperforms the Crypto Market Friday

January 27, 2023
Big Eyes Coin is set to Dominate the Crypto market like Dogecoin and Baby Dogecoin

Can Crypto Bring Us Closer To A Better Planet? Big Eyes Coin and Stellar Think So!

January 27, 2023

Recent News

Latest Super Bowl Odds, Betting Lines, and Predictions

Latest Super Bowl Odds, Betting Lines, and Predictions

January 28, 2023
Stellar 2022 wrap-up with end-of-year metrics, milestones, achievements

Stellar 2022 wrap-up with end-of-year metrics, milestones, achievements

January 27, 2023
Stellar (XLM) Falls 0%, Outperforms the Crypto Market Friday

Stellar (XLM) Falls 0%, Outperforms the Crypto Market Friday

January 27, 2023

Categories

  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • News
  • XLM
  • Xrp

Follow Us

Tags

ADA Analysis Big Bitcoin Blockchain BNB BTC Buy Cardano coin Cointelegraph Crypto cryptocurrencies Cryptocurrency Digital DOGE Dogecoin ETH Ethereum Exchange gains Heres Inu investors Magazine Market Mining News NFT NFTs Price prices rally Ripple SEC Shiba Solana Stellar today token Top Trading Week XLM XRP
  • Privacy Policy
  • About Us
  • Contact Us

© 2021 XRP FAMILY All Rights Reserved

No Result
View All Result
  • Home
  • Cryptocurrency
  • Blockchain
  • Market & Analysis
  • Bitcoin
  • Ethereum
  • Xrp
  • XLM
  • Dogecoin

© 2021 XRP FAMILY All Rights Reserved