Technical details
The technical architecture of SUCRE Protocol is designed to offer a safe, transparent and efficient solution to the problems of the traditional financial system. Using advanced technologies such as blockchain, smart contracts and modern consensus algorithms, SUCRE promises to transform the way financial transactions are carried out and protect users' assets in a decentralized and inflation-resistant environment.
System Architecture: Technical Structure and System Design
SUCRE Protocol is designed to be a decentralized and robust platform that is based on blockchain technology to offer security, transparency and efficiency. The system architecture is made up of the following main components:
Network Layer:
Network Nodes: Nodes are responsible for validating and propagating transactions and blocks within the network. Each node maintains a complete copy of the blockchain and participates in the consensus process.
P2P communication: Uses a peer-to-peer communication protocol to ensure information distribution without single points of failure.
Consensus Layer:
Consensus Algorithm: SUCRE uses a consensus algorithm based on Proof of Stake (PoS), which allows efficient and secure validation of transactions, reducing energy consumption compared to Proof of Work (PoW).
Smart Contracts Layer:
SUCRE Virtual Machine (AVM): The AVM is responsible for executing smart contracts. It is compatible with Solidity, the programming language used in Ethereum, allowing code reuse and interoperability with other platforms.
Application Layer:
User interface: Web and mobile applications that allow users to interact with the SUCRE network. These applications include wallets, exchange platforms, and decentralized applications (dApps).
API and SDK: Developer tools that facilitate the integration of SUCRE into other applications and services.
Blockchain: Explanation of the Blockchain, Consensus, Hash Algorithms, etc.
Block Chain:
Structure: The SUCRE blockchain is a continuous sequence of blocks, each containing a set of transactions. Each block is linked to the previous block through a cryptographic hash, creating an immutable chain.
Blocks: Blocks contain a header that includes the hash of the previous block, the hash of the current block, a nonce, and the timestamp, in addition to the validated transactions.
Consensus Algorithm:
Proof of Stake (PoS): SUCRE employs PoS to select block validators based on the number of tokens they own and are willing to “stake” or lock as collateral. This encourages participation and network security, as validators have an economic interest in maintaining the integrity of the blockchain.
Delegated Proof of Stake (DPoS): In addition to the basic PoS, SUCRE implements elements of DPoS, allowing users to delegate their voting rights to trusted validators, improving the efficiency and scalability of the consensus process.
Hash Algorithms:
SHA-256: Uses the SHA-256 hashing algorithm to secure transactions and blocks. SHA-256 generates a unique 256-bit hash, ensuring the integrity and security of data on the blockchain.
Merkle Trees: Transactions within a block are organized in a Merkle tree structure, which allows efficient verification of data integrity without needing to review the entire block.
Smart Contracts: Details on Smart Contract Implementation
(soon - we are working)
SUCRE Virtual Machine (AVM):
Compatibility: The AVM supports Solidity, the most popular smart contract programming language. This allows developers to easily migrate and create smart contracts.
Execution: Smart contracts run deterministically on the AVM, ensuring that the same contract always produces the same result on any node in the network.
Development and Deployment:
Development IDE: Developers can use tools like Remix, Truffle, and Hardhat to write, compile, test, and deploy smart contracts on the SUCRE network.
Gas and Rates: The execution of smart contracts requires the payment of "gas", a fee measured in SUCRE tokens, which compensates validators for the computational resources used.
Security: Security Measures and Approaches to Protect Network and Data
Network Security:
P2P Encryption: All communication between nodes is encrypted using secure protocols, such as TLS, to protect against interceptions and man-in-the-middle attacks.
Firewall and DDoS Protection: Implementation of firewalls and DDoS attack mitigation techniques to protect network infrastructure.
Blockchain Security:
Immutability: The structure of the blockchain and the use of cryptographic hashes ensure that once a block is added to the chain, it cannot be altered without affecting all subsequent blocks.
Code Review: All code, including smart contracts, undergoes security audits by independent third parties before being deployed on the mainnet.
Smart Contract Security:
Security Audits: Smart contracts are thoroughly reviewed for vulnerabilities before deployment. This includes static and dynamic analyzes to detect possible failures.
Formal Tests: Using formal verification methods to ensure that smart contracts work as expected under all possible conditions.
User Security:
Multifactor Authentication: Implementation of multi-factor authentication (MFA) for access to SUCRE applications and wallets, improving the security of user accounts.
Private Key Protection: Recommendations and tools for users to protect their private keys, including the use of hardware wallets and secure account recovery techniques.