♻️How Does it Work?

LatticeNetwork incorporates a Multidimensional Block Lattice structure, with no limit to scalability while improving security. In the Block Lattice structure, every account has a unique blockchain to record its own transactional information. With Smart Contract functionality, LatticeNetwork supports multiple token issuances within one account. Each account supports multiple tokens and each new token added will be mapped to a new chain within the same account so that each account can have multiple chains. Each token has its own “OPEN Block” in every single account. Since one token/one chain is one dimension, the structure with multiple tokens creates a multidimensional Block Lattice. Each blockchain for an identical token is independent of others. The underlying structure of each token blockchain carries the Block Lattice structure and thus stays concise and agile.

Multidimensional Block-Lattice structure brings Lattice Network the following benefits:

Low Transaction Validation Latency

The use of independent account chains enables the user accounts to be updated asynchronously, without the need to involve the entire network. The dual-transaction approach leaves the process of transaction verification to the affected accounts, such as the sender and the receiver. This option eliminates the need for miners, meaning that transactions are instant and with zero fees. The network, therefore, becomes more scalable and agile.

Scalability

Scalability is hugely important, especially for web3 applications, because it requires the processing power and capability to create smart contracts, more liquidity for decentralized applications, building dApps, and increased transparency. It is comparable to Ethereum 2.0 in terms of its speed and capability.

Transactions on Lattice are handled independently of the main ledger. Every transaction is also an independent block that fits into a User Datagram Protocol (UDP) transactional packet and is recorded as a unique block. UDPs are transactional packets that help keep computational costs low, allowing you to send transactions to accounts that are offline. Using a system of references and hash pointers eliminates issues relating to block size and allows the network to scale without all nodes having to hold a copy of every transaction ever made. Rather, nodes store the most recent and current blocks of each account chain. Consequently, the network can achieve a drastically higher scale than other blockchain networks.

Thisis where block lattice and mainstreamblockchain differentiate. A transaction on the blockchain cannot be isolated and recorded on the main chain. A specific number of transactions are verified before being added to the main chain. This means increased transactions lead to a steady decline in speed, slowing down the entire network. LatticeNetwork uses "account chains" to create a lighter network,reducing the problems ofscalability that blockchain-based solutions often encounter

Low Energy Consumption

The LatticeNetwork is built upon an AIDPOV architecture: AI-powered Delegated Proof-of-Vote (AIDPOV). This consensus can achieve low energy consumption because it does not require mining activity. All energy is contributed to make effective computing. Both consensus mechanisms will be elaborated on later in this paper.

Inherent Anti-Centralization

Mechanism-guaranteed anti-centralization refersto the factthat each account hasits own ledger, namely, the account-chain structure, and validation is conducted by delegates via an asynchronous mode. This is unlike the Proof-of-Work (PoW) consensus used by Bitcoin, where ledger generation and confirmations are completed by miner nodes; and unlike the Proof-of-Stake (PoS) consensus algorithm where transaction validation is based on the number of tokens a validator stakes.

In addition, the structure of the anti-centralized Block Lattice requires the transaction sender and receiver to conduct a small computational effort input - local PoW process. This process has decreased the possibility of transaction centralization, like how decentralized exchanges decrease the possibility of super account formation.