Convex Global DLT

Website

https://ontochain.ngi.eu/content/convex-global-dlt-convex-hosting-infrastructure-and-decentralised-ledger-next-generation

Slow and unscalable blockchain systems cannot support the NGI. The Convex network delivers a real-time decentralised global ledger at retail consumer scale at low cost, whilst protecting against double spending, front running and bad actor attacks.

ProjectID

NGI-ONTOCHAIN:PROJECT-33

Acronym

OntochainPrj33

Additional Info

The unique performance has been achieved by Convergent Proof of Stake consensus combined with an ordering of Conflict-free Replicated Data Types. See https://www.youtube.com/watch?v=XmDUkrOAhsY&list=PLcGKfGEEONaDO2dvGEdodnqG5cSnZ96W1&index=31.

It is also explained in the White Paper https://raw.githubusercontent.com/Convex-Dev/design/main/papers/convex-whitepaper.pdf

The open-source is on Github: https://github.com/Convex-Dev.

For open discussions join the Discord group: https://discord.gg/fsnCxEM

Enduser Relevance

The solution should be as transparent as the original Internet. The dApps use the Convex utility tokens for smart contract internal transfer of digital data between accounts.

Contact

leonard@convex.world

Endorsements

Not available yet

Disclaimer

Anyone may operate a Peer on the network, subject to following protocol rules. As long as protocol rules are followed, Peer Operators are free to customise the software and services they operate as they wish. This might include value added services for users, high end analytics capabilities, performance optimisations etc.
The Convex network is in testnet phase with beta code and no warranties are offered or implied.

Country:

NGI Project: Ontochain

Status: Operational technology (practical and/or commercial viability)

Category: Network infrastructure (including routing, peer-to-peer and virtual private networking)