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AMBR Account Chain

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Published: 11 Mar 2019 › Updated: 11 Mar 2019AMBR Account Chain

AMBR Account Chain

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The concept of the Account-Chain originated from Nano. Unlike the traditional cryptocurrency based on a single chain structure, Nano maintains a separate chain for each account. All data in a chain is related its account, and only that account. Using this, owners can add data to the chain, providing near-instantaneous transaction speed and unlimited scalability. The new data structure is also known as block lattice.

Nano uses a voting mechanism, and the status of the event is voted through the verifier node. But the verifier node requires expensive maintenance costs, plus the network does not provide economic returns. As a result, few people are willing to take the initiative to maintain the Nano system, thereby increasing the risk of its network and tend to centralization.

In order to improve the stability and security of the system Ambr adds the verification chain design to Nano. In addition, Ambr's account chain and the relay chain model are in perfect harmony, enabling Ambr to perform secure and fast transactions with other currencies.

#ambr #vocabulary #bitcoin #cryptocurrency #ethereum #DAG

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