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Home»Blockchain»What is Humanode human-powered blockchain?
Blockchain

What is Humanode human-powered blockchain?

2022-11-05Updated:2022-11-06No Comments5 Mins Read
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3.

How does Humanode work?

Humanode is a mission that gracefully combines completely different technological stacks together with blockchain and biometrics. 

Humanode tech encompasses a bunch of layers akin to a blockchain layer represented by a Substrate module: a biometric authorization module primarily based on cryptographically safe neural networks for the personal classification of three-dimensional (3D) templates of customers’ faces, a non-public liveness detection mechanism for figuring out actual human beings, a Vortex decentralized autonomous group (DAO) and a financial algorithm named Fath, the place financial provide reacts to actual worth development and emission is proportional.

Let’s take a look at them in additional element.

Substrate framework

Humanode is a layer-1 blockchain whose structure lies on the Substrate open-source framework that permits the short improvement of extremely custom-made blockchains. Substrate, the brainchild of the Parity group, offers interoperability inside the Polkadot and Kusama ecosystems in addition to an surroundings for the creation and deployment of general-purpose or specialised blockchain networks with remarkably various parameters and sound capabilities. Being a Substrate-based chain, Humanode advantages from it and from the excessive throughput and scalability inherent to the Polkadot ecosystem. 

Consensus agnostic protocol 

One of many attention-grabbing options of Humanode is consensus agnosticism, which is the power to alter the community’s consensus mechanism if the Humanode DAO approves it. It derives from the need for fixed analysis on essentially the most appropriate consensus for a leaderless system with equal validation energy of nodes. Totally different consensus mechanisms have quite a few execs and cons which consistently change. A swappable consensus mechanism permits the system to evolve and never be restricted by a single unchangeable framework. 

EVM-compatible smart-contract layer

On prime of that, Humanode is Ethereum-compatible. As a consequence of an Ethereum Digital Machine (EVM) pallet, Humanode can use current Ethereum improvement instruments and reap the benefits of good contracts improvement, supported by a number of in style languages together with Solidity and WebAssembly. However, Humanode can present personal biometric processing and Sybil-resistance to quite a few Ethereum-based decentralized functions (DApps) together with decentralized finance (DeFi) and play-to-earn (GameFi) tasks, NFT options, DAOs, metaverses and others.

Non-public biometric search and matching 

As for Humanode’s biometrics stack, it looks like the privateness and safety of biometric information have been among the many most important facets of the mission. 

Because of the personal classification of photos of customers’ faces, the system ensures the photographs’ privateness, performing all operations with out the customers’ biometrics information having to go away the machine. The one machine wanted to go biometric authentication is a smartphone with a digicam. As soon as customers scan their faces, they grow to be human nodes. The entire course of is personal and safe. All of the Humanode system cares about is that if the person is a novel human being, if they’re registered and if they’re alive. 

Decentralized liveness detection

A way that ensures that the biometric pattern is submitted from an actual stay particular person, a considerable safety characteristic that mitigates the vulnerability of biometric methods to spoofing assaults, known as liveness detection. Biometric liveness refers to the usage of laptop imaginative and prescient know-how to detect the precise presence of a residing person slightly than a illustration akin to {a photograph} or a masks, video or display screen, a faux silicon fingerprint or different spoof artifacts. 

Biometrics accuracy grew tremendously within the final decade. Presently, the potential of a match between two completely different folks is 1 to 125,000,000, and the potential of spoofing an identification and not using a actual human in entrance of the digicam is 1 to 80,000. And, these numbers are consistently enhancing.

For its first model of the crypto-biometric identification answer, which makes use of safe enclaves for some parts of the method, Humanode integrates FaceTec’s face biometrics and liveness detection. Humanode’s first testnet was launched in January 2021 and the official testnet 1 with liveness detection and the up to date technical stack was launched in September 2021. Since then, there have been further testnets deployed with greater than 10,000 folks changing into human nodes.

Vortex DAO

Presently, there are three forms of nodes within the Humanode ecosystem. First, human nodes who’ve handed biometric authentication and acquired a fraction of the community transaction charges. Then, there are delegators: nodes that choose to delegate their voting energy to so-called governors. Governors are nodes that take part in Humanode’s governance and should meet sure governing necessities. 

Every of those node sorts varieties an necessary a part of Humanode’s governance DAO named Vortex. In contrast to different tasks, which permit nodes to build up voting energy primarily based on how a lot capital they’ve or delegate, the Humanode platform ensures that each one nodes are equal by way of validation and voting energy, bringing true equality between friends in a decentralized surroundings.

Fath financial algorithm and rebalancing system

Humanode implements the Fath speculation as the idea for the circulation of HMND Humanode token (HMND). Fath is a financial algorithm with a proportional distribution of issued tokens. It’s an alternative choice to trendy fiat credit-cycle monetary networks and capital-based public blockchains.

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