ShopChain DLT (Distributed Ledger Technology) is a permissioned, federated network consortium with superior throughput and security, consisting of known staked participants. ShopChain DLT uses a ground-breaking architecture combining distributed hash tables (DHTs) and consensus nodes. Among other innovations, ShopChain DLT leverages BLS signatures to achieve throughput beyond Bitcoin and Ethereum. The BLS signature is an implementation of a digital signature scheme ideated by Boneh, Lynn, and Shacham [1]. BLS signatures have efficient computability and non-degeneracy, which means they are easy to use and difficult to tamper with, therefore secure. In order for this process to be carried out, nodes engage in a Distributed Key Generation (DKG) process, a mechanism for validating participating nodes with a robust blockchain technology implementation.
ShopChain DLT (Distributed Ledger Technology) is a permissioned, federated network consortium with superior throughput and security, consisting of known staked participants. ShopChain DLT uses a ground-breaking architecture combining distributed hash tables (DHTs) and consensus nodes. Among other innovations, ShopChain DLT leverages BLS signatures to achieve throughput beyond Bitcoin and Ethereum. The BLS signature is an implementation of a digital signature scheme ideated by Boneh, Lynn, and Shacham [1]. BLS signatures have efficient computability and non-degeneracy, which means they are easy to use and difficult to tamper with, therefore secure. In order for this process to be carried out, nodes engage in a Distributed Key Generation (DKG) process, a mechanism for validating participating nodes with a robust blockchain technology implementation.