CROSSVALUE Chain Blockchain Nodes: The Pillars of the Network

The CROSSVALUE Chain blockchain ecosystem comprises three distinct types of nodes:

1. Escrow Node

The Escrow Node serves as the genesis node, taking on the critical responsibility of initiating and managing the entire CROSSVALUE Chain blockchain. Its functions include:

  • Blockchain Initialization: The Escrow Node initializes the blockchain, ensuring a smooth start to the network.

  • Block Generation: Every minute, the Escrow Node generates a new block, contributing to the continuous operation of the blockchain.

  • Node Connectivity Checks: At 10-minute intervals, the Escrow Node performs connectivity checks on connected nodes. From these, it randomly selects five nodes to function as Voting Nodes.

2. Voting Node

Voting Nodes are randomly selected by the Escrow Node to validate transactions through a voting process. Here's how they operate:

  • Transaction Validation: Upon any transaction within the CROSSVALUE Chain blockchain, the Escrow Node broadcasts it to all nodes. The randomly selected Voting Nodes then cast votes on the transactions.

  • Vote Casting: When a voting node casts its vote, the Escrow Node checks if 75% or more of the votes validate the transaction. If they do, the transaction gets added to the block. If not, it doesn't get added to the block.

3. DACS Node (Decentralized Autonomous Content Storage Node)

DACS Nodes play a crucial role in providing storage for Non-Fungible Token (NFT) content. Here's an in-depth look at their functionalities:

  • NFT Content Storage: DACS Nodes utilize a modified IPFS GUI, allowing any user to add NFT content securely. Once added, the content cannot be removed.

  • IPFS Daemon Operation: To facilitate secure storage, DACS Nodes operate an IPFS daemon, ensuring the integrity and accessibility of stored NFT content.

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