EMIT — Web3 Public Blockchain Facility Without Losing the Spirit of Crypto

I. The paradox of WEB3 and the world of Crypto?

II. What problems does EMIT solve?

1. The stubborn performance bottleneck:

2. Complexity and safety:

3. Resource and performance killers:

4. Complex applications and contract shackles:

III. The EMIT Core protocol has the following features:

1. Cross-chain without dependencies

2. Supports flexible expansion

3. Easy to develop complex decentralized applications

4. Digital assets that naturally support complex forms

5. User privacy protection

IV. Summary of EMIT core technologies

1. E-Lattice ledger structure

  • Each account is an independent blockchain.
  • Blocks for each chain can only be generated by the account’s private key holder.
  • Each account has a Merkle tree to record the current state of the account.
  • When the incoming transaction corresponding to the outgoing transaction is recorded, the outgoing transaction will be marked as settled. At this time, the originating account can discard the settled block, and only saves the account status and other unsettled blocks.
  • In addition to transactions, accounts can provide Key-Value storage.
  • Assets are described by (Field, ID, Count), where ‘Field’ represents the application serial number, ‘ID’ represents the asset identification number, and ‘Count’ represents the quantity. Such a generic asset description can represent both homogeneous and non-homogeneous assets.

2. Sharding support for extreme forms

3. Adopting the law of eventual consistency of contracts

4. E-Random consensus algorithm

5. Flexible application access expansion method

V. Layer0–1, EMIT will create a new WEB3 ecosystem

1. EMIT basic ecological application clusters

2. Part of the EMIT ecosystem

VI. Closing Thoughts

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