Speaker
Description
Virtual blockchain technology redefines decentralized systems by harmonizing scalability with Web 3.0 principles through a unique fusion of federated consensus, hybrid data structures, and modular architecture. At its core we add a federated Byzantine Fault Tolerance (F-BFT) consensus mechanism, enabling over 10,000 transactions per second (TPS) with sub-second latency while eliminating energy-intensive Proof-of-Work models. Its hybrid DAG-Chain storage architecture merges blockchain immutability with the scalability of Directed Acyclic Graphs (DAG), facilitating parallel transaction processing and efficient data retrieval. Complementing this, modular transaction families support Ethereum Virtual Machine (EVM) and WebAssembly (WASM) smart contracts, ensuring cross-platform compatibility and seamless integration of legacy blockchain applications.
The platform’s virtualized infrastructure operates through containerized nodes functioning as distributed "virtual supercomputers," dynamically allocating resources for load-balanced sharding and real-time service migration. Experimental validation on a Kubernetes testbed confirms the architecture’s robustness, demonstrating 98% consensus accuracy under Byzantine fault conditions and transaction finality three times faster than Hyperledger Fabric. Challenges in balancing decentralization with performance—such as risks tied to cloud-based validator centralization—are systematically addressed, underscoring virtual blockchain’s potential to unify decentralized governance with industrial scalability. By merging breakthrough technologies like F-BFT and DAG-Chain with proven IT architectures, DGT exemplifies how virtual blockchain can drive the evolution of high-performance distributed systems for IoT ecosystems, supply chains, and decentralized finance (DeFi).
