Locus Chain

Locus Chain

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The decentralization proposed by Bitcoin in the first place is not only the proof of transaction, but that the issuing and managing entity will also not be affected by political or economic factors. Note, however, that it focused on speed, functions, or business model. Locus Chain will fully implement decentralization in all aspects, including speed and feature superiority using the latest technology.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • BitMart
    LOCUS/USDT 9 months ago
    $ 0.0258
    $ 42.185 K
    -
    -
  • XT.COM
    LOCUS/USDT one year ago
    $ 0.0275
    $ 575.558 K
    -
    -
  • Bitrue
    LOCUS/USDT 2 one year ago
    $ 0.1381
    $ 14.272 K
    -
    -
  • Bitrue
    LOCUS/ETH 2 one year ago
    $ 0.1539
    $ 574.54
    -
    -
  • LATOKEN
    LOCUS/USDT 3 one year ago
    $ 0.0033
    $ 16.10
    -
    -
  • LATOKEN
    LOCUS/ETH 3 one year ago
    $ 0.0030
    $ 95.80
    -
    -
  • LATOKEN
    LOCUS/BTC 3 one year ago
    $ 0.0030
    $ 56.71
    -
    -
  • Idax
    LOCUS/BTC 4 one year ago
    $ 0.0098
    $ 228.25
    -
    -
  • Idax
    LOCUS/ETH 4 one year ago
    $ 0.0109
    $ 21.038 K
    -
    -
  • Idax
    LOCUS/USDT 4 one year ago
    $ 0.0058
    -
    -
    -
  • Bibox
    LOCUS/BTC 5 one year ago
    $ 0.0279
    $ 27.108 K
    -
    -
  • Bibox
    LOCUS/ETH 5 one year ago
    $ 0.0277
    $ 24.877 K
    -
    -
  • Dcoin
    LOCUS/ETH 5 one year ago
    $ 0.0288
    $ 1.894 K
    -
    -
To be announced
Additional Details
Categories
Cryptocurrency

About Locus Chain

Completely Decentralized high performance public blockchain protocol with Scalability that supports global retail mass adoption.

Locus Chain is a public blockchain that is ideal for any industries, including AI, Smart City and Gaming projects, that require large-scale data processing.

Locus Chain is a distributed blockchain system with the goal of processing at least 4K transactions per second on a decentralized network. The Locus Chain network will consist of various devices, including generic home PCs, data center servers, mobile phones, or low-power IoT devices, all in different ranges of CPU performance, storage capacity, and network speed. The Locus Chain also has a goal of transaction processing time, reaching an immediate consensus within a few seconds, and reaching a deterministic permanent consensus within a few minutes.

For example, Locus Chain enables parallel transaction processing by incorporating a nonlinear DAG structure called AWTC (Account-Wise Transaction Chain) instead of a linear "chain" structure.

Also, Locus Chain implemented a PoS-based BFT consensus algorithm to resolve the shortcomings of PoW and Nakamoto Consensus regarding performance and determinability while keeping fairness between participating nodes. Furthermore, Locus Chain implements the Dynamic Sharding data-distribution policy to decrease network loads while keeping the ledger's integrity.

Locus Chain's Verifiable Pruning technology dramatically reduces the storage space requirement of nodes, and small-footprint computers like IoT devices and mobile phones are eligible to be a part of the Locus Chain network.

Furthermore, Locus Chain is aware of the risk of the emerging Quantum computing technology to blockchain systems. Locus Chain implements a post-quantum resistant cryptography system
by separately managing the master key and the regular key.

Locus Chain Roadmap

  • 2018

  • Foundation establishment.
    Architecture Design (DAG+BFT+Dynamic Sharding).
    Implementation of BFT agreement on DAG-AWTC.
    Implementation of Dual Key System Using Quantum Computing Resistance Algorithm.
  • 2019

  • Development/Implementation of Verifiable Pruning.
    Dynamic Sharding Development.
    Public Test(DAG+BFT, Verifiable Pruning, Web Wallet, Explorer).
  • 2020

  • Implementation of Dynamic Sharding.
    Program Refactoring.
    Public Test (Mobile/IOT device node operation, Dynamic Sharding).
  • 2021

  • EVM (Ethereum Virtual Machine) Linkage.
    Mainnet gameChain test and game linkage.
  • Read More
  • 2022

  • Mainnet gamechain launch.
    Implementation of CoreScript/SmartContract/SDK.
  • 2023

  • Mainnet Public Chain Launch (Token/Coinswap).
    Interoperability with another mainnet projects.
    Launch of official wallet and Explorer, and variety of other official DApps.

Locus Chain Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Sangyoon Lee
Founder, Chairman & CEO
unverified
Sejung Kim
Co-Founder & Business Head
unverified
Jake Joo
Technical Director & Architect
unverified
Gilho Lee
Technical Lead
unverified
Pierce Kang
Core Developer
unverified
Tak Ogura
Technical Director
unverified
Myungwoo Han
Core Developer
unverified
Hyungoo Lee
Core Developer
unverified
Jayu Kim
Developer
unverified
Heejong Yun
Developer
unverified
Soohan Cho
CMO
unverified
Chihwan Choi
CCO
unverified
Jinhyun Jung
Public Relation Manager
unverified

Locus Chain Last News

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