BSCBOOSTER

What is Consensus Engine ?

We have chosen engine of BSC(Binance Smart Chain) to achieve the following goals:

  1. Wait a few blocks to confirm(should be less than Eth 1.0), better no fork in most cases.
  2. Blocking time should be shorter than Ethereum 1.0, i.e. 5 seconds or less.
  3. No inflation, the block reward is transaction gas fees.
  4. Most compatible as Ethereum.
  5. With staking and governance as powerful as cosmos.

keys & Identity

Powerful blockchain technologies

Geth implements two kinds of consensus engine: ethash(based on PoW) and clique(base on PoA). Ethash is not a fit option for BSC because BSC gives up PoW. Clique has smaller blocking time and is invulnerable to 51% attack while doing as little to the core data structure as possible to preserve existing Ethereum client compatibility.
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Decentralized

BSCBOOSTER operates using a Proof-of-Authority consensus mechanism

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Most Secure

A self-sovereign blockchain: Provides security and safety with elected validators.

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Global System

EVM-compatible: BSC Supports all the existing Ethereum tooling along with faster finality and cheaper transaction fees.

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Access your BSCBOOSTER

U can access your assets anywhere using a mobile Crypto BSC Wallets.

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Smart Contact

Unlike Proof-of-Work, the light-client protocol does not need to download and check all the headers in the blockchain.

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Reward System

The incentive mechanism for relayers to maintain system contracts. They will get rewards from system reward contract.

How it work

How does BSC blockchain work

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A wants to send money to B

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The transaction is represented online as a block

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The block is broadcasted to every party in the network

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The network approves the transaction

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The block is added to the existing blockchain in a
transparent and unaterable way

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The transaction is complete

Several Genesis

System Contract

There are several genesis contracts to help implement on BSC:
  • Light client contract. It is a watcher of distributed consensus process implemented by contract that only validates the consensus algorithm of Binance Chain.
  • Cross Chain Contract. It is the cross chain communication layer. It will verify the sequence and merkle proof of a cross chain package.
  • BSCValidatorSet contract. It is a watcher of validators change of BSC on Binance Chain.
  • System Reward contract. The incentive mechanism for relayers to maintain system contracts. They will get rewards from system reward contract.
  • Liveness Slash Contract. The liveness of BSC relies on validator set can produce blocks timely when it is their turn.
  • Other contracts. The BSC may take advantage of powerful governance of Binance Chain, for example, propose to change a parameter of system contracts.

Tokens

The token Presale is Live!

BSCBOOSTER token will be released on the BSC Chain platform. It's compatibility of the token with third-party services wallets, exchanges etc, and provides easy-to-use integration.

Roadmap

The timeline