PlatON: A Blockchain-based Infrastructure for

Privacy Computation and Distributed Economies

PlatON is a high-performance highly scalable trustless network built based on a proprietary technology called verifiable computation (VC) and state-of-the-art cryptographic technologies, secure multiparty computation and homomorphic encryption.

Introduction

PlatON offers a multitude of services based on blockchain and cryptographic technologies, all built off an infrastructure for privacy computation and distributed economies . The goal of PlatON, is to enable and facilitate trades in data usage while protecting data ownership and privacy, thereby eventually establishing a viable market for data and computing power. PlatON, in its capacity as a data and computation marketplace, differentiates from other upublic blockchains with many added features and products, creating new value and uses for its native token now and in the future.

PlatON provides a complete trustless computing infrastructure which can be used for Dapp, or scale other blockchains. PlatON’s own blockchain is the base chain that incentivizes the computing nodes and store states and computation proofs. PlatON is designed as an infrastructure; including computing, storage, service discovery, etc. This enables diverse decentralized systems which covers other blockchains, decentralized AI, scientific computation and much more. The initial goal is to construct a trustless computing platform with cryptographic based verifiable computing.

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How PlatON Works

PlatON features in high scalability and privacy utilization using a technology called (VC) to attain in trustless computation scalability, verifiability and privacy. The proprietary technology created by the PlatON team over years of hard work further decreases overtime and needed resources by several magnitudes, making PlatON the most practical solution for overall confidence-free computing.

The PlatON consensus algorithm improves the efficiency of blockchain network with minimal energy and also at low cost.

Users deploy and release Meta Smart Contract which contains algorithm parameters, computation function and economic incentives. Users call the smart contract and send transactions. Complex computations are broken down into sub-tasks in circuit form and distributed to multiple computing nodes. Computing nodes execute computation and generate the proof. Computing nodes commit computation results and the proof. On-chain nodes broadcast computation results and the proof. Block producers verify the proof. Verified computation results are returned to the user via smart contract. Economic rewards are executed on-chain according to the Value of Computing Contribution.

PlatON is a cryptographic based privacy platform, distributed commerce and data supporting platform depending on a non interactive zero-knowledge proof (ZKP). PlatON encryption improves the confidentiality of transaction deflation, thereby eliminating doubts creating perfect privacy on blockchain.

Key Components of PlatON

Secure multi-party computing and homomorphic encryption guarantee the private data in an encrypted form or jointly compute different functions (applications) with multi-party in-puts through entire computation process, eliminating the trust boundary

guarantee the private data in an encrypted form or jointly compute different functions (applications) with multi-party in-puts through entire computation process, eliminating the trust boundary Compilers transform computation functions into circuits which are distributed by the blockchain to different computation nodes. Functions represented by circuits can be executed with better concurrency and decentralization.

which are distributed by the blockchain to different computation nodes. Functions represented by circuits can be executed with better concurrency and decentralization. Computing hardware . The circuit based computation natu-rally fits the architecture of FPGA, thus gain advantage in capac-ity and cost using specifically developed FPGA/ASIC hardware.

. The circuit based computation natu-rally fits the architecture of FPGA, thus gain advantage in capac-ity and cost using specifically developed FPGA/ASIC hardware. Off-chain verifiable computing, that scales horizontally withthe number of nodes, is used to perform heavy and complex com-putation, while generating computation proof to attest to the cor-rectness of the results.

In addition to the trustless computing platform, PlatON deploys its own blockchain as an immutable database to store states and proofs. The blockchain will also be used as a settlement layer to facilitate transactions, and to incentivize participation as computing nodes and verification nodes.

PlatON’s Multi Layer Protocol

Talking about platform multi layer protocols, it is obvious PlatON is the answer to our security wants and needs in the cryptocurrency market. Blockchain in general needs more ‘hands on the deck’ to ensure perfect privacy. PlatON is providing the solution to this with their incredible range of products.

Network Protocol Stack

• PlatON’s fundamental application is a decentralized, organized topology based entirely on RELOAD (Resource LOcation AndDiscovery) protocol and the Kademlia protocol. The layers of the general PlatON network framework

Service Discovery

• The peers forming the overlay shares their funds in a peer-to-peer (P2P) overlay network such as PlatON to provide the service the system was intended to provide. Overlay both colleagues provide services and demand services from other colleagues to other colleagues. A TURN relay service, an audio / video service, can be offered to each other by colleagues in PlatON, a computing service, aSIP agent service, and so on

Computing Service

• Effective high-speed communication between computing nodes becomes very important within PlatON. Computing services based on the RELOAD protocol implements the publication of computing services, the discovery of computing services, and the creation of computing sessions.

Blockchain Service

• Blockchain nodes use the RELOAD framework’s message transmission element to synchronize transaction and block. This allows the base RELOAD protocol to interact with each other by block manufacturers.

Main Features of the Blockchain

Appchains can be created by sharding specifically to serve diverse applications.

Energon is the native digital asset on PlatON to support all economic activities especially purchasing large scale computing service. This digital asset will be used as the basic unit for com-puting power and main form of payment.

Smart contract is available on the base chain to provide diverse data service to dapps or other blockchain.

•PlatON Website: https://www.platon.network

•PlatON Bounty Campaign: https://beta.bounty0x.io/hosts/PlatON

•PlatON Whitepaper: https://www.platon.network/static/pdf/PlatON_whitepaper.pdf

•PlatON Bluepaper: https://www.platon.network/static/pdf/en/PlatON_Blue_Paper_on_Economics_EN.pdf

•Twitter: https://twitter.com/PlatON_Network

•LinkedIn: https://www.linkedin.com/company/14399632/admin

•Reddit: https://www.reddit.com/user/PlatON_Network