What is Humanode human-powered blockchain?

What is Humanode human-powered blockchain?

3.

How does Humanode work?

Humanode is a venture that gracefully combines totally different technological stacks together with blockchain and biometrics. 

Humanode tech encompasses a bunch of layers similar to a blockchain layer represented by a Substrate module: a biometric authorization module based mostly on cryptographically safe neural networks for the non-public classification of three-dimensional (3D) templates of customers’ faces, a personal 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 progress and emission is proportional.

Let’s have 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 enables the short improvement of extremely personalized blockchains. Substrate, the brainchild of the Parity group, supplies interoperability inside the Polkadot and Kusama ecosystems in addition to an setting for the creation and deployment of general-purpose or specialised blockchain networks with remarkably assorted 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 fascinating 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 probably 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 continuously 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 high of that, Humanode is Ethereum-compatible. Because of an Ethereum Digital Machine (EVM) pallet, Humanode can use present Ethereum improvement instruments and reap the benefits of good contracts improvement, supported by a number of well-liked languages together with Solidity and WebAssembly. However, Humanode can present non-public biometric processing and Sybil-resistance to quite a few Ethereum-based decentralized functions (DApps) together with decentralized finance (DeFi) and play-to-earn (GameFi) initiatives, 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 knowledge have been among the many most important elements of the venture. 

As a result of non-public classification of pictures of customers’ faces, the system ensures the pictures’ privateness, performing all operations with out the customers’ biometrics knowledge having to depart the gadget. The one gadget wanted to go biometric authentication is a smartphone with a digicam. As soon as customers scan their faces, they change into human nodes. The entire course of is non-public and safe. All of the Humanode system cares about is that if the consumer is a novel human being, if they’re registered and if they’re alive. 

Decentralized liveness detection

A method that ensures that the biometric pattern is submitted from an actual dwell individual, a considerable safety function that mitigates the vulnerability of biometric methods to spoofing assaults, is named liveness detection. Biometric liveness refers to the usage of pc imaginative and prescient know-how to detect the precise presence of a residing consumer relatively than a illustration similar to {a photograph} or a masks, video or display, a faux silicon fingerprint or different spoof artifacts. 

Biometrics accuracy grew tremendously within the final decade. Presently, the potential for a match between two totally different folks is 1 to 125,000,000, and the potential for spoofing an id with out a actual human in entrance of the digicam is 1 to 80,000. And, these numbers are continuously bettering.

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 extra testnets deployed with greater than 10,000 folks turning into human nodes.

Vortex DAO

Presently, there are three kinds of nodes within the Humanode ecosystem. First, human nodes who’ve handed biometric authentication and obtained 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 types an vital a part of Humanode’s governance DAO named Vortex. Not like different initiatives, which permit nodes to build up voting energy based mostly on how a lot capital they’ve or delegate, the Humanode platform ensures that each one nodes are equal when it comes to validation and voting energy, bringing true equality between friends in a decentralized setting.

Fath financial algorithm and rebalancing system

Humanode implements the Fath speculation as the premise 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 fashionable fiat credit-cycle monetary networks and capital-based public blockchains.

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