Locus Chain is a decentralized blockchain platform designed to handle a minimum of 4,000 transactions per second across a diverse network of devices, including personal computers, data center servers, smartphones, and low-power IoT gadgets, featuring varying levels of CPU power, storage, and network speeds. The system aims for rapid transaction processing, achieving immediate consensus within a few seconds and permanent, deterministic consensus within a few minutes. It maintains high throughput through a DAG (Directed Acyclic Graph)-based Account-Wise Transaction Chain (AWTC) structure, integrated with the Locus BFT consensus algorithm. Additionally, it promotes decentralization by fairly selecting committee members for consensus via a stochastic delegate Proof of Stake (dPoS) method in ea...
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