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Unlimited transactions per second

The Fincor blockchain ensures the highest transactional speed and accuracy by offering authorized network participants instantaneous and fully transparent access to data in a constant register. Fincor uses its own new concept of blockchain technology that allows it to efficiently conduct unlimited transactions per second.
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PoW, DPoS, PoS, pBFT interoperability

The PoU consensus engine allows interactions to take place between blockchains that are built on PoW, DPoS, PoS, pBFT and other consensus mechanisms, far more easily and securely. The interoperability on the Fincor network is at Layer-1 whereas without utilizing any centralized mechanism direct cross-chain interaction is possible. Without compromising the speed of the system, Fincor can carry out cross-chain transactions while consensus will autonomously update the state of PoU-based upon verification of transactions received through the receiver’s network.
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AI-powered PoU сonsensus algorithm

With the AI-powered PoU consensus algorithm, our blockchain has much higher real-world scalability, decentralization and security that also allows it to solve a major interoperability problem. AI-powered PoU consensus allows seamless connection between different blockchains – private and public, at Layer-1 and Layer-2 – to conduct both crypto and non-crypto activities. The Fincor PoU hybrid consensus unites and supports PoW/PoS/DPoS/pBFT.
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Augmented security

There are many blockchain security issues. We can deal with most attacks, as well as double-spending, DDoS, off-chain implementations, poorly written codes, and other Sybil attacks.
In addition, Fincor implemented a multi-pool node system: each of the node pools has a special task in controlling the Fincor blockchain and guaranteeing its security.
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Take a look at our Fincor Blockchain Explorer

Fincor blockchain

Ethereum virtual machine (EVM) support

EVM support enables the Fincor chain to conduct Ethereum standard transactions. Fincor users can write and execute Ethereum standard smart contracts directly on the PoU protocol using the Fincor chain. Ethereum standard support also allows compatibility with EVM libraries and nodes such as GETH and Web3.js. The address mechanism of EVM is one-way HEX key encryption for address generation.

Inter-chain communication

Inter-chain communication (also referred to as a clustering mechanism) allows multiple PoU protocol-based networks to run simultaneously while interacting and exchanging data with each other. Any chain built on the PoU protocol can have two-way communication with another PoU chain or the Fincor network.

Cross-сhain сompatibility

Cross-chain communication is the first of its kind true interoperability of the PoU protocol. This cross-chain communication will be present at Layer-1 of the PoU protocol whereas the transactions to/from PoU-based running chains (including Fincor) can be done on chains running on other consensus engines such as PoW, PoS, DPoS, etc. Cross-chain communications are direct on-chain account-to-account transfers with no need for any centralized authority to carry out the transactions. Fees for such on-chain transfers are based on fees used by the utilized network.

PoW/PoS/DPoS/pBFT support

This consensus support allows the interlinking of PoU with other consensus engines. Rather than giving compatibility to specific blockchains, the use of direct consensus support allows overall generalized consensus support: even chains using different consensus models can be compatible to run their nodes on the PoU network or bridge them to PoU consensus. The consensus support is critical in achieving the overall cross-chain transactions compatibility.

Scalability

The architecture of Fincor allows it to be ultra-scalable thanks to PoU parallel multi-network communication and nested gossip schemes which enable efficient data transfer within the network. On Fincor, the block size is dynamic – depending on the network’s conditions/health, the block dynamically modifies to efficiently store the data. The scalability of Fincor chain applies both on the network and consensus levels.

Hybrid

Private chains that run on the PoU protocol can use the Fincor network directly at Layer-1 and Layer-2 to conduct both crypto and non-crypto activities. In addition, they can use public nodes to store data while keeping the confidentiality of the transactions. The latter is possible thanks to a permissioned data storage whereas node operators can never access the stored data because only private chain owners or operators hold specific/unique keys that are required to access or restructure stored data.

Interoperable

Fincor’s interoperability will be ensured by the PoU protocol that enables compatibility with other consensus engines. This interoperability will allow Fincor users to conduct cross-chain transactions and asset conversions directly on the Fincor’s chain.

IoT support (R&D)

Fincor’s architecture allows the use of its network on various smart devices. Fincor’s Smart Node service is not demanding in terms of hardware specifications, it uses fewer blockchain nodes than other networks, and it can even be run on Arduino Modules. The IoT support will also enable the Fincor public network to be operated directly from smart devices. For this purpose, Fincor Smart Node (FSN) will be able to operate on systems with as low as 1 GB data storage and 1 GB Random access memory (RAM). The only requirement for the operators is to have good network connectivity. The operators of smart nodes can also run their own parallel LAN networks and achieve bidirectional communication with the public network.
Hint: you will be able to run Fincor Smart Node on your smartwatch.

Artificial Intelligence (AI) and Machine Learning (ML) support (R&D)

Fincor network aims to provide the world’s first decentralized AI-based service running on the PoU protocol. AI/ML services in the Information technology (IT) industry are maintained on centralized servers. Fincor aims to change that by providing decentralized AI mechanisms where the AI/ML algorithms can be executed on GPUs running on the PoU protocol. Researchers and developers can even have a mechanism to share their algorithms or data with the community in a decentralized manner. Within Fincor’s architecture, the PoU protocol is interconnected with Artificial Intelligence as AI algorithms (e.g., AI agents) are being used at multiple levels in the consensus to operate the entire network.