⌨️2.Consensus algorithm
This consensus algorithm is central to the integration of the aforementioned three types of social interactions, data value, and user interaction benefits into blockchain technology to create a fair and efficient digital social ecosystem. The Social Chain Consensus Algorithm is designed with the following concepts:
Value-added mechanism for interpersonal networks:
The algorithm identifies and rewards users' efforts in building and expanding their social networks in Verda City. Based on the number of friends invited and social activity, the algorithm calculates a distribution of rewards to encourage users to expand their social influence.
Data-driven personalised experience:
The Social Chain Consensus algorithm uses data from users' interactions on the platform to optimise personalised experiences. By analysing users' behavioural patterns, points of interest and social preferences, the algorithm customises unique digital avatars and social experiences for users, thereby increasing user satisfaction and platform engagement.
Value-added rewards for interaction:
Every interaction in Verda City is seen as an opportunity to create value. The algorithm distributes rewards based on the quality and quantity of interactions, such as participation in activities and social support. This approach encourages more meaningful social interactions and increases the value of the entire community.
Algorithm implementation
Evaluation of nodes and network contributions:
In Social Chain Consensus, each user is considered a node whose influence is based on the size and activity of their social network. The algorithm evaluates each node's contribution to the network and distributes rewards accordingly.
Social chain encryption technology:
To ensure data security and user privacy, the algorithm uses advanced encryption technology to protect social interaction data and personal information.
Decentralisation and autonomy:
Social Chain Consensus supports a decentralised network governance structure that allows users to vote on key platform decisions, such as feature updates and reward policies. Through this unique Social Chain Consensus algorithm, Verda City not only rewards users' social activities and data contributions, but also encourages more valuable social interactions and personal growth, while ensuring the fairness and transparency of the network. The algorithm combines the natural power of social networks with the innovation of blockchain technology, creating a new digital social ecosystem.
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