What is a Fast Break Subsystem (Difference between Fast Break and Normal Break)

What is a fast break subsystem?Editor’s note: This article comes from Bitcoin Information (ID: bitcoin8btc), author: Kyle, published with the permission of Planet Daily.

The scalability, speed, and security of blockchain are considered key issues, but due to its high gas fees and the complexity of cryptographic economic incentives, many people are unable to access the Bitcoin network to build other applications or protocols through smart contracts.

What is a fast break subsystem? Can it solve any specific problems? Why does such a situation exist? In simple terms, we can package a block into a group of random number generators for transactions on the chain. These random numbers are based on the output values of a certain function. If a string contains multiple data points and separates them, the count will be 0, meaning that each number is 1. This means that a block can only have 2 transactions. But when a block does not generate new transactions, this type of data will be sent to another block. Therefore, even if two separate addresses can exchange with each other, another new transaction can be created. In this way, the entire network will work in sync without causing duplicate computational results.

In order to make fast-forward execution easier and more costly, the system also has the ability of fast settlement. For example, if a node does not use the validator to achieve its own goals and cannot handle all these transactions, a failure will occur. As mentioned earlier, the fast-forward system allows miners to choose how to charge users-this is theoretically because the total transaction volume of the system is very low and consumes very little power. In addition, according to the data from Chainlink, there are currently about more than 200,000 active transactions. (Note: On May 15th, it is speculated that the Quick Entry subsystem has received more than 500 million transactions).

With the increasing maturity and development of blockchain technology, people are becoming more aware of the necessity and value proposition of decentralization. However, despite this, most blockchain ecosystems are still not ready to meet the challenges they face and future risks.Although blockchain has become more popular and may become a mainstream financial solution, under certain conditions, blockchain is still in its early stages. Therefore, some blockchains are exploring ways to improve transparency using distributed ledger technology (DLT), further simplifying processes and eliminating the need for fraudulent attacks.

Difference between fast break and normal break

Editor’s note: This article comes from ChainNews (ID: chainnewscom), published with the permission of Planet Daily.On May 17th, the interruption event on the Bitcoin blockchain was confirmed again. According to Coindesk, in transactions that occurred 6 hours ago, about two minutes later, and this morning, more than 1 million unspent blocks were processed by a mining pool that claimed to have identified that these 10 blocks were unusable and unnecessary. However, this period of time may not be long enough, as the network did not reach a fully operational state and did not have time to fully recover, so the security and decentralization level of these blocks cannot be guaranteed.

The difference between a fast break and a normal break is simple. If someone uses the interruption function (i.e. interrupts one or two times every few seconds) to prevent a participating person from sending messages to others, then when you wait for an opportunity, your account cannot receive any messages or service requests; but because everyone knows that they are receiving messages and do not know when they can get rewards, it is necessary to temporarily stop all users who interact with it to avoid failures.

Generally speaking, “delay” refers to the need to pay a fee for users who need to complete operations such as transfers through “pausing”. For those who are eager to accept payments but want to wait for the other party to access the network, this circuit breaker may be a better choice.

However, as network congestion intensifies and the speed of expansion of the entire industry accelerates, more and more cases are emerging where users’ assets are affected. One of the main reasons for this phenomenon is that most protocols rely on intermediaries to ensure fund security.

Currently, the majority of smart contracts are making efforts to solve the above problems, and normal interruptions mainly rely on node operators to provide data access permissions.

What is a fast break? Why is there a fork? Simply put, in order to make its execution faster, some work in the blockchain is shifted to a new mainnet. That is to say, it allows the creation of new applications.

Generally speaking, after the system starts, it will have an impact on existing applications-from the initial design, they should be able to keep the blockchain stable.

However, a few projects have also taken advantage of short interruptions, such as the Bitcoin Core team’s “instant interruption”, which is a very effective solution. For example, Tether announced the launch of its own lightning-based wallet CryptoLiquid Network, which is a peer-to-peer payment platform.

In fact, the second-layer expansion plan of Bitcoin can also be used to alleviate the current transaction pressure.

According to data from CoinDesk, the average transaction cost of Bitcoin has dropped by nearly 60% in the past year, and the price is still rising.