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Cloudera Chain, protecting the present with data and leading the future with technology

Published

3 years ago

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Since the creation of Bitcoin in 2008, the distributed ledger has broken away from the traditional server and started to explore a new digital network. But we seem to ignore the volume of data itself. In the trillions of blockchain market, the volume of bitcoin Ledger has reached 200 + GiB. We can even worry about whether the future blockchain ledger can keep up with the growth rate of transaction data.

It’s not just the ledger. It like the total node data volume of Ethereum has increased 19 times during the period of 16-17 years. At the same time, the blockchain data of any project is growing with the growth of TPS. Although there are many projects with data compression technologies trying to solve the existing problems, the amount of data is still growing. Will there be an upper limit for compression technology? This is the problem.

We have noticed the problem of data flow in the early stage. Although the blockchain field is famous for its decentralized technology, why can we create a decentralized database based on the traditional database? Therefore, in order to meet the actual demand of blockchain for data flow, we designed Cloudera Chain based on binance smart chain, which provides users with decentralized cloud database network system and the best NFT + DeFi protocol, and constructs an independent and open NFT ecosystem.

Compared with Bitcoin and Ethereum, Cloudera Chain does not use blockchain to record data as much as possible, but the data calls need to go through smart contract processing. We use new functions to extend decentralized applications to the global database. These decentralized applications define new data types、new protocol flow between nodes and “smart contract” that allows changes.

In terms of technology, we integrate the cloud data technology advantages of Cloudera and Hortonworks, map every cloud database to the blockchain network, realize the safe and efficient sharing of data, and allow the trustor and notary to call the contract. However, these shared data are based on openness, which greatly simplifies the data synchronization process, It has higher TPS and transaction can be confirmed in the whole network faster.

Cloudera Chain has the following new features:

1.      New transaction types can be defined by JVM bytecode;

2.      Transactions can be executed in parallel on different nodes without any node knowing the other party transactions;

3.      All nodes are deployed in the authenticated peer-to-peer network, and all communication between nodes is direct;

4.      Transaction conflicts can be resolved by pluggable notary module without block. Any single Cloudera network may contain multiple notaries, which provide guarantee with various algorithms, so Cloudera Chain does not rely on any specific consensus algorithm.

5.      All data is shared based on “Need-To-Know”.A transaction dependency graph is provided between nodes, and the data is only sent to another node according to the need, but the global broadcast of all transactions is not carried out.

6.      Bytecode transmission mechanism supports complex and multi-step transaction modeling process modeling.And they can last several days, restart across nodes, and even upgrade.

7.      The cloud database structure provides a rich type system, such as time, currency, legal entity and financial entity, such as cash, issuance, transaction, etc.

8.      From the beginning, it considered the integration with the existing system. The network can support the rapid batch import of data from other database systems without loading on the network.

9.      There are many built-in application modules, which can meet the needs of different business activities.

10.     It will allow users to cast different types of NFT that have been used for transactions, based on the cloud database.

In addition to the network system on the chain, we also designed an economic model to make the whole Cloudera Chain run under Credit Incentive.

Cloudera Data platform, it is the industry first enterprise data cloud, which conducts multi-functional analysis on a unified platform. From Edge to AI, it relies on data to discover new opportunities. The total amount of governance token issued is 20 million pieces, among which 70% will be distributed to the users through IDO（Initial DeFi Offering). And the remaining token allocation ratio is: 5% for foundation, 10% for ecological development, 7% for investor and 8% for team; Among them, the proportion of the foundation will be unlocked linearly in five years, while the ecological development and the investors will be unlocked seperately in one year and two years. The team will have no lock-up period.

Cloudera Dataflow,It is a scalable real-time data flow analysis platform on the chain, which can capture, plan and analyze data to obtain key insight and real-time operational intelligence. CDF is its governance token, which provides a unified security and governance layer among all dataflow components.

Hortonworks Dataflow, Originally developed by Hortonworks, it is an open source framework suitable for distributed storage and processing of large-scale multi-source datasets. It can modernize it infrastructure, maintain network with HDF token, improve customer experience and control cost.

Shared Data Experience, It is the basic component of Cloudera Chain cloud data service platform ecosystem, providing a set of metadata based integration of security and governance technologies, and providing persistent upper and lower layers in all analysis and public and private clouds. Its token SDX is produced through LP mining, which is used to manage the ecology of SDX and provide and liquidity mining.

In general, Cloudera Chain is a decentralized database system integrating multiple architectures and ecology. It not only undertakes the data storage of business behavior, but also provides diversified token portfolio for the network based on the incentive model of defi. Besides using CDP to maintain the network, users can also use CDF-HDF-SDX to achieve liquidity mining and obtain value. Cloudera Chain will protect the present with data and open up the future with cryptography.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

UVKXE Releases Anti-Scam Guide, Enhancing User Security Protections

Published

1 day ago

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November 23, 2024

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DENVER — Recently, the globally renowned cryptocurrency trading platform UVKXE has published its latest anti-scam guide to address the escalating threats of online scams, establishing a comprehensive protective barrier for users worldwide. The guide focuses on various scamming tactics prevalent in the cryptocurrency sector, highlighting what users should be aware of during transactions and asset management, while also providing effective preventive measures.

Kevin Anderson, CEO of UVKXE, noted: “As the cryptocurrency market continues to expand, more cybercriminals are turning their attention to cryptocurrency users, developing sophisticated scam techniques. As a well-known platform in the cryptocurrency trading field, UVKXE has a responsibility to help users identify and mitigate these potential risks. Through the release of this anti-scam guide, we aim to further enhance user awareness and safeguard their digital asset security.”

The guide outlines the common characteristics of these scams, such as phishing emails that typically use UVKXE or similar official-sounding names, along with forged logos and links, to deceive users into providing their login credentials and sensitive information. It also advises users to always choose official channels when downloading applications to avoid malicious software. Furthermore, UVKXE emphasizes that the platform will never proactively request users to provide sensitive information such as passwords or verification codes in any form.

In addition to the anti-scam guide, UVKXE will launch a series of interactive activities, utilizing community forums and video tutorials to educate users about safety knowledge and help them recognize and respond to potential threats. The UVKXE security team stated that these activities will not only provide real-time updates on scams but also offer users opportunities for direct communication and inquiries.

The investment in technology and education is reflected not only in the publication of the anti-scam guide but also in daily operations and maintenance. Kevin Anderson concluded: “Every protective measure and security technology implemented by UVKXE is designed to ensure the safety of user assets. In the future, we will continue to advance this mission, providing users with safer and more convenient cryptocurrency trading services.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Press Release

UVKXE Clarification Statement: A Legally Compliant Trading Platform with International Accreditation

Published

1 day ago

on

November 23, 2024

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DENVER — Recently, the Securities Commission Malaysia (SC) published a list on its official website of cryptocurrency trading platforms that have not met its local registration requirements, mentioning UVKXE. UVKXE takes this matter seriously and wishes to clarify its credentials and compliance status to its users.

Global Compliance Credentials of UVKXE

UVKXE is committed to operating under legal and compliant principles, upholding a user-first core value. The platform has obtained several certifications from international authoritative regulatory bodies, including but not limited to:

U.S. MSB License
UVKXE has obtained the MSB license issued by the U.S. FinCEN. This certification represents the highest recognition by the U.S. government for financial service institutions, ensuring that UVKXE can legally conduct cryptocurrency-related business.

U.S. SEC License
As one of the few cryptocurrency trading platforms registered with the U.S. Securities and Exchange Commission (SEC), UVKXE complies with securities and investment-related legal regulations, providing users with a safer and more transparent investment environment.

Background on the Malaysian Public List

The list published by the Securities Commission Malaysia mainly targets trading platforms that have not met local registration requirements, such as Binance and Bursa Malaysia, rather than denying the platform legality. UVKXE has obtained multiple authoritative licenses internationally, and its compliance is beyond doubt. UVKXE is in communication with relevant departments to understand local specific regulations and to advance the registration process, ensuring compliance with local market requirements.

Commitment to Legal Compliance and User-Centric Values

UVKXE will use this event as an opportunity to further enhance its global compliance framework, actively adapting to regulatory environments in various countries, and providing users with more professional and diversified financial services. We sincerely thank all users for their trust and support! UVKXE promises that no matter where it operates, the platform will always adhere to the core philosophy of “user-first”, moving together with global users towards a safer, more open, and transparent new era of the digital economy.

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

UVKXE Strengthens Security Strategy, Leading Innovations in Anti-Scam Technology for Crypto Platforms

Published

1 day ago

on

November 23, 2024

By

DENVER — Recently, the globally recognized cryptocurrency trading platform UVKXE officially announced the completion of its latest security system upgrade. This upgrade significantly enhances the cybersecurity defenses of the platform and introduces cutting-edge anti-scam technologies. Through this technological update, UVKXE demonstrates its commitment to user asset security and proactive measures against potential future cyber threats.

Kevin Anderson, CEO of UVKXE, stated: “User trust is the foundation of UVKXE, and ensuring the security of user assets is always our top priority. This security system upgrade incorporates AI deep learning, real-time risk control, and efficient anomaly detection algorithms, aiming to create a safe and trustworthy trading environment for users. We will continue to optimize the security measures for user assets, ensuring that every user can trade confidently on UVKXE.”

The focus of this security system upgrade is primarily on anti-scam technologies. In response to the ever-evolving online threats and scam tactics in recent years, UVKXE has strengthened its multi-layered protective mechanisms, effectively enhancing the security and responsiveness of the system. The upgrade introduces AI-driven anti-scam technology, which intelligently analyzes user behavior through deep learning algorithms, allowing for rapid identification and isolation of suspected scamming activities. The AI anti-scam system can monitor and analyze large volumes of trading data in real time, immediately freezing any suspicious transactions or account activities to safeguard user assets.

Kevin Anderson further explained: “Traditional anti-scam methods often rely on post-event analysis, whereas the new system of UVKXE can identify risks promptly before incidents occur, taking immediate action to prevent losses.”

In terms of anomaly detection, the system of UVKXE combines the transaction histories, asset conditions, login locations, and other multidimensional data of users to accurately pinpoint potential security vulnerabilities. Through anomaly detection technology, each user login and transaction can be monitored in real time, with timely alerts prompting users to confirm actions, further enhancing the security of the platform.

Kevin Anderson concluded: “We hope every user can enjoy a secure trading experience on UVKXE. By continually optimizing our security strategies, we aim to provide a safer and more convenient cryptocurrency trading experience for our users.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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