Maxonrow is a leading technology company committed to building a safe and efficient digital world. The company develops an array of products and services powered by blockchain technology, focusing on increasing security and efficiency in digital processes, including DMS (document management system), tokenization services (FT & NFT) and digital identity wallet solutions.
Maxonrow works proactively with global regulators and governments to build a healthy ecosystem for new technologies to flourish. With Maxonrow, you can enjoy all the benefits blockchain offers without sacrificing regulatory oversight.
We build regulatory-compliant solutions for businesses, intuitive apps for end users and powerful tools for developers.
To build a connected and trusting world where people, businesses and governments share information and transact effectively and safely.
Practical Byzantine Fault Tolerance (pBFT)
Maxonrow is using Practical Byzantine Fault Tolerance (pBFT), a voting-based consensus that has three main stages in each round – proposal, voting, and committing. During each round, a new validator is chosen to be the proposer or leader, meaning that a different validator will propose each block. The chance of a validator being picked is proportional to its voting power, which is determined by the percentage of total staked tokens.
Governed Delegated Proof of Stake (GDPOS)
Maxonrow uses Governed Delegated Proof of Stake (GDPOS), a mechanism of equity entrustment. Every verification node on the Maxonrow Blockchain must complete a rigorous KYC authentication process before being approved to join the consensus mechanism. Maxonrow’s GDPOS prevents verification node violations and solves the centralization risks of traditional consensus mechanisms. Under GDPOS, users can also place their own token as a verification node to increase the frequency of block-creation.
InterPlanetary File System (IPFS)
IPFS is a peer-to-peer distributed file system that attempts to connect the same file system to all computing devices. IPFS combines distributed hash tables, which encourages block swapping and a self-certifying namespace. IPFS does not have a single point of failure, and nodes do not need to establish mutual trust. Delivery of distributed content can save bandwidth and prevent DDoS attacks that HTTP protocols might encounter.