The key features of the FRUITS PoC
The FRUITS PoC is able to function with such Low Power Consumption because of the mining calculation method (consensus algorithm).
This PoC algorithm uses a random draw method for mining, which eliminates meaningless time and power.
Since it is not competitive mining, which is said to consume enormous amounts of power, only 1 to 3 terminals (nodes) are involved in a transaction per transaction completed on average.
The FRUITS PoC is characterized by a small number of terminals (nodes) participating in transactions related to mining processing.
It is designed so that our mining process is performed by grasping the time zone and course where data can easily be passed.
Therefore, no matter how many transactions are processed, it can always keep the transaction speed at the highest speed.
In the FRUITS PoC, the original data combined with the combination pattern will be deleted after the mining process is over, so that the blockchain data cannot be tampered with.
In other words, after the mining process is over, the history of which node added which hash value will remain, but once the mining is completed and recorded in the block, it will be impossible to alter the original data.
We have also incorporated an AI GA (Genetic Algorithm) and NN (Neural Network) technology for this deletion and organization process.
With the multi-layered smart contracts, the Fruits blockchain was designed so it can be widely used and not only for one purpose. With this multi-layered smart contract, we are implementing a function where consumption is directly linked to charity.
When you make a payment (or a donation) with Fruits coins, you will be granted with Smile coins which are specifically made for donations. Once you donate using Smile coins, you will then be given Fruits Seed Tokens that can be used for different purposes
Fruits is working on a PoC consensus algorithm to create a sustainable economic cycle without the need for transfer fees. Whether it is donation transfers/payments or non-donation related, there will be no transactions fees to send or receive tokens between Fruits Wallets.
The 3 features implemented through PoC (low power consumption, high-speed transaction, high security) make it possible to reduce unnecessary costs and waive transaction fees because there is no competition for mining and no need for high-spec mining equipment.