15-4 Configuration and Technical Specifications

The team considers various blockchain Mainnets to build and support a seamless ecosystem of DonaBlock.

The most important specification to consider is the transaction fee scheme of Mainnet.

Due to the nature of the commerce service, frequent data transactions are expected. The capacity of heavy transaction at minimum charge, thus, will be required for sustainable business on DonaBlock. Second, the Mainnet's network processing capability to handle multiple transactions simultaneously should be considered as critical point.

The first generation blockchain networks, such as Bitcoin, and the second generation blockchain like Etherium, are suffering from chronic scaling issues. Therefore, they are trying to solve problems by introducing various off-chain processing methods such as shading technique, lightning network, Raiden network and plasma.

The lighting network minimizes the block-chain recording and saves the transaction fee through off-chain method which does not record intermediate transactions on blockchain. This allows faster approvals without waiting for a block transaction, and it only pays a transaction fee when the payment channel is opened and closed, so intermediate transactions generated in between do not require any fees. When all the data is recorded on chain, there are many additional issues - not only a lower speed rate, but also limited block size and increased data fees, and others.

Plasma creates a separate chain and synchronizes it with the main blockchain for the minimum amount of data needed for verification only.

This allows to reduce a block size, to run DApp faster, and to minimize commissions of data transactions. Sharding is a method that divides data into smaller size for effective data management.

The data applies to a blockchain network, which separates its nodes - the subgroups - from mainnet. It is to increase the data processing speed to maximize transaction volume per second.

As Plasma facilitates Dapp's data processing, Raiden network reduces fees, and sharding maximizes transaction capacities, it is expected to be able to run a commerce protocol at the level of practical use.

DonaBlock implements a blockchain network in two stages. In the initial phase, Ethereum or EOS, or another existing Mainnet will be used to record limited core data only on blockchain to test the economic model of DonaBlock.

However, since DonaBlock ecosystem requires large-scaled data process and high-speed transactions, we will develop a separate, private blockchain network to support the full features by continuously applying up-to-date technologies and by studying further updates from various Mainnets.

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