It has become extremely important to understand the key defining features of cloud computing.

Performance and unlimited capacity:

Dfinity project was formed to research ways to enable decentralized network which will host virtual computer of unlimited capacity, the meaning relating to “Blockchain Computer” was first provided by the Ethereum, Dfinity taking it as it is to the Cloud computing of Blockchain to make more secure and unstoppable cloud computing blockchains and imagining a high performing blockchain computer that can scale up to its capacity as needed to provide mainframe computer or more than that. We can also take it as a giant virtual supercomputer who will power enterprise IT system that may be the backend of Websites, HR systems, Smart Contract Virtual machines etc. There are four main Elements of Performance and Unlimited Capacity given as below.

a. Security speed and Scale

Dfinity project brings greater security and provides more speed and scaling solution, at the start the system developed was capable of joining 1 million mining clients and later it increased more and more.

b. Finality and User Experience

The main challenge for decentralized cloud networks is that how much it takes to finalize computational transactions because it takes time to compute a transaction. Dfinity uses Threshold relay chains to address transactional computational time limit.

c. More Computations

Purpose or Dfinity was to scale-out and handle infinite transactions, yet crypto: 3 is not implemented and its gain is more effective on computing transactions. Threshold Relay chains are not involving Poisson process of Proof of Work (PoW) which enables miners to validate transactions over the known period of time.

2. Algorithmic Governance

Third Generation Blockchain requires the governance for the security and scalability of the networks, as the DAO hack on Ethereum raises the question on the ‘Code of Law’ which is Ethereum governance.

The Algorithmic Governance of Dfinity is Blockchain Nervous System (BNS) which provides the following features:

a. Decentralized Intelligence

Dfinity is a decentralized world compute platform which is managed by the decentralized intelligence embeds into its systems which help to quickly find and resolve issues, protect user’s data, optimize network configuration by the support of Blockchain nervous system (BNS) Decentralized intelligence protocols.

b. User Protection

As the Bitfinex theft and hack of the DAO which happens to the Ethereum, because hackers may steal keys and hack the smart contract functionality which creates flaws in design. Blockchain Nervous System will help to secure the smart contracts and user data to the highest confidentiality; moreover BNS can also fix systems that are failed due to logical or runtime engineering errors which will increase comfort for consumers and businesses which will adopt the decentralized systems.

c. Faster Evolution

Most of the cryptocurrencies such as Bitcoin and Ethereum upgrades the protocol due to troublesome “hard forks”. A hard fork is the abruptive change in the protocol that renders previously invalid blocks valid. This requires all the users to update the previous version to the latest version. In Dfinity, Blockchain neural system updates the protocol regularly. This results in quick fixes that help leading network evolution forward.

d. Adaptive Network

The BNS also controls economic indicators and parameters that assist in optimizing network economics. For example, overcapacity can be prevented by raising the price of connecting new mines. It may also helps in protecting security by increasing the installments of dfinities required to create mining identity, as the value of dfinities has fallen in the markets.

3) Interoperability

Interoperability is a characteristic of a system or product to work with other systems and products.

a. Internet Model

Internet model, the most familiar protocol suite, provides private local area networks (LANs) to connect out into public services. For example, people use social media sites over the wilder internet But unfortunately, no such system exists in decentralized cloud computing. Dfinity changes that by introducing this new concept.

b. Multi-network Systems

DFINITY provides a new functionality in its crypto:3 underpinnings. The ZINC release of DFINITY will allow a single method call from the highest level of private systems to the systems installed on public DFINITY network. This ensures the atomic execution of either both private and public methods or neither is executed. In this way, a single call can result in any computation taking place on decentralized networks.

c. Rapid System Development

Most of the private networks are run by corporations, but adding new services increases the cost. This might be beyond their budget and knowledge, but is beneficial if incorporated. This problem is solved by DFINITY that helps the private networks to integrate these services in the form of building blocks.

The DFINITY “Block chain nervous system”

The blockchain nervous system (BNS) is the main element of the DFINITY platform. DFINITY explores cryptography and protocols that facilitates decentralized networks to host high performance virtual computers of infinite capacity with the intention of creating a “decentralized cloud”. Dfinity Block chain Nervous System is a decentralized decision making system that acts as decentralized superuser that can solve problems otherwise inflexible without human intermediaries. The DFINITY network makes “The Code is Law” spirit reliant upon this distributed intelligence. In depth, the BNS allows a sort of “liquid democracy in the DFINITY network in which it can freeze, unfreeze and modify smart contracts.” BNS architecture is incredibly simple. Anyone can submit proposals to BNS for fee. The BNS lets human controlled “Neurons” to vote on those proposals. In this way, BNS adapts and learns to make better decision.