String Network Ledger :
In miner systems, every miner is a ledger on its own and has access to the entire network’s information as soon as it connects to the network, and this serves as a reference and documentation library if a miner leaves a particular region, other miner’s copies of the data remain intact, and the departure of a miner does not interfere with data storage.
A non-mining proof of stake system, such as the Ether network, verifies and records network information, transactions, and history in each private node, and each private node functions as a general ledger distributed among the account holders.
In the string network, the ledger is distributed in two ways and in three parts. In the first instance, string network theorists concluded that a distributed general ledger could also be distributed in a sorted and categorized manner. This statement is valid for both plans A and B. The general information of the network as well as the history of all transactions and events are considered plans number A and B, respectively.
String network theory believes that anyone who is a public node in the network should consider storing the history of transactions that are performed by the same public node in their wallet, exchange, or any other public node that acts as a public node of the network.
This theme states that if, for example, node number PN46 confirms transactions number 1003, 1254 and 1659 in the network as one of the three confirming nodes and those transactions have also reached the destination, this node has the history of all the three transactions from start to the end on its platform as a public distributed ledger.
Apart from this, like the Ether network, private nodes in the network can have all the network information and transactions at any time, and each private node is a distributed ledger among the network.
In addition to the 500 private information nodes that control the whole network, it is amazing to consider that there are 50,000 public nodes distributed throughout the network, assuming there have been 100,000 transactions in the string network in the first year. With the 500 private information nodes controlling the whole network, all the information is also widely distributed among the 50,000 public nodes. This distributed system is very accurate and commendable.
In this system, if a transaction is approved and sent to the network as a delivery confirmation by private nodes and is approved by the network by the private nodes, the transaction will be dated and any change to that system will require 100% power from the Bersipa foundation, 51% from the private nodes and 51% from the public nodes. This means that the development of the network in the world means that no hacker, not even the developer himself, will give up any unusual operations.
String network Ledger Structure :
The nature of the string grid is visually similar to a pyramid, each side of which has its own task, and for ease of conveying concepts, we try to imagine it as a two-dimensional triangle in all descriptions so that it can be explained more easily.
Each side of a triangle in a string network has one or more specific tasks:
- The upper side of the triangle, which is called information, stores all the information of a triangle in the network, which includes transactions, public and private nodes, etc.
- The left side that stores the information of the previous triangle and at the same time is the hash of the previous triangle.
- The right side, which contains all the information of a triangle, including the previous triangle and all the information of the current triangle, and contains the previous hash of the next triangle at the same time.
An overview of the network of triangles in the string network can be seen as follows:
As it can be seen in the figures String grid, each side on the right or left has a dual function and the top side is only single user. Each triangle in the network applies the information of the previous ones in each string that is advanced as this system functions as a blockchain, carrying with it all the information of the previous triangles in the previous string.
Since the strings are distributed in different strings, all of our conversations thus far have only involved one string, and the network can support more parallel strings at the same time. If the network transactions increase, the question then arises of how to maintain the synergies and connections between the strings throughout the discussions.
Therefore, we try to explain it based on the specific technology of the string network as can be seen in the figure below:
In each string, the triangles are connected to each other and have the are meant to transferring data. According to the protocol, as a triangle capacity in one string reaches to the certain amount, the new triangle will move down to the penultimate parallel triangle on the downstream string.
With this amazing technology, all network information in each triangle and in each string is transferred to the last triangle and the last string, and we will have an intertwined but secure network of data transfer and concepts.
In addition to moving the network aggregation points horizontally, they also move them vertically, and the strings will have the information of all the triangles in all the strings. In its series, the first fundamental discipline will be the only discipline without the top discipline information. In addition to the high security of the network in the distribution of information in all triangles and strings, this also creates a coherent network of information that is easily accessible.
The STS lines are called Aggregation points. These lines of information transfer the last triangle of one string to the last triangle of the next string. In addition to the two functions, we heard earlier about the sides of lattice triangles on the right and left, another dual function is added to each side. As can be seen in the figure below :
Each point shows four different coding. This means that we have very sensitive points in the Strings network in terms of performance and security, and the slightest disruption in the network will cause the destruction or change of all network information in all strings and all triangles, and this network because High security issues in its highly decentralized structure will be virtually impenetrable and hackable.
In the figure above, if we assume that we are in string number three and in triangle number 23 to 25, we want to see what each point and side will mean for the network.
The left side of triangle T23 shows us that this side has four different information codes, which is hash22, which contains all the information of triangle number 22, ph23 code, which contains the information of all triangles up to triangle number 22 in the network, code S2, respectively. -AP23 which informs us that the information of all triangles of strings number one to two and all triangles up to triangle 22 has been transferred from the upstream string to the downstream string and the code S3-AP22 which informs us that all the information of the triangles in the strings of one to three to the last triangle, i.e., triangle number 22 in the string number three, is aggregated and is ready to be transferred to triangle number 21 in string number four.
An overview of this concept can be seen in the following figure:
Zero fee transaction in string network are as below:
Most decentralized currency cryptocurrencies, including the most well-known ones — Bitcoin, Ethereum, Cardano, Solana and many others — will have to deduct a fee for the services provided. This is not just an easy-to-remove feature of currency currencies, but a fundamental aspect of how they work.
Bersipa String network, however, is designed in such a way that there is no fee for processing the transaction. In each transaction, the amount deducted from the sender’s wallet is exactly equal to the amount added to the recipient’s wallet.
The string network is the only network in the world after Iota V2 that does not charge any network fees for transfers. This may seem strange at first glance, but with an overview of string technology, achieving such a goal cannot be far from the mind. Now it’s better to review this topic together:
The string network works with the native cryptocurrency of Bersipa coin. This cryptocurrency can be exchanged between two wallets in the context of the string network without any commission, and the same source number reaches the destination. In most networks that operate with the POS protocol, private nodes receive a large portion of the transaction fee, and this is why we often see the manipulation of the fee rate among the networks. In the string network, despite having both public and private nodes, there is another solution for node revenue that exempts the network from receiving transaction fees.
To work in the string network, each user is required to confirm three transactions in their wallet within a very short period of time, which is an essential requirement in order to grow.
Due to the lack of special time and money, it confirms the decentralization of the network and allows people to work with the network.
In a project called PI network, which announced in May 2022 that the network had more than 35 million users, we saw firsthand that people could mine for less than 20 seconds a day for free. The system is similar to this in that you will directly contribute to the increase in its price along with your profit growth by purchasing the Bersipa cryptocurrency and developing the network on top of the fact that you can even receive the Bersipa coin for free by sharing your invitation code and developing the network. This is an essentially need to work in the network, which both confirms the decentralization of the network and makes people to work with the network, due to the lack of time and special costs.
Another issue with private nodes is that they can be used at a very low cost of up to 100 Bersipa coins, the current price of which is set at $ 1 for public offering, with assets close to $ 100, if other conditions are met., To a node network.
Since Bersipa network nodes have only invested $ 100 to become nodes, they should not expect large profits at first. It is a stepping stone system, which is a cheap yet promising investment, as String Network Private Node is an incremental step. In the Bersipa project coinomics, 8% of the total network coins are reserved for private nodes, which the network rewards over time and the amount of activity of private nodes over several years.
Now the question that arises is that this 8% has time and time for itself, and eventually its values are reduced to zero. After thinking about the profit of private nodes, it should be answered that the network has two specific technologies and programs, including Divergence technology and Bersipa wallet program, for which many income plans have been prepared and adjusted, and the Bersipa Foundation must increase the revenue of these two systems and its other ancillary systems within 5 years after the launch of the main network, and the revenue cost of private nodes must be provided through these two methods. In the Foundation’s ten-year vision plan, it is seen that in the end, based on the number of activities and services that private nodes provide to the string network, all private nodes are responsible for financing the foundation, and therefore the string network is free of charge. Can perform financial transactions.
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