3.4. Resource-Efficient Green Public Blockchain Network
NAXION is a public blockchain designed to minimize the resource consumption inherent in Proof-of-Work (PoW) algorithms through AI-based node optimization and efficient operations.
In detail, the connection between nodes, security measures, and verification methods have been reinforced to enhance blockchain security. Unverified nodes are not publicly operational, preventing access by ASIC miners that focus solely on digital currency mining. This ensures network speed and stability for nodes used in actual business applications.
Public blockchains, like Bitcoin, enable users to maximize participation, increasing the number of network nodes. A large-scale node network enhances credibility distribution through blockchain consensus algorithms. However, if individual entities hold disproportionate influence over network resources, maintaining decentralized control becomes challenging.
Massive blockchain networks that rely on current-generation protocols and PoW consensus algorithms are highly inefficient. They consume excessive energy to operate nodes and validate transactions, leading to slow transaction distribution.
NAXION is designed with a strong focus on energy efficiency and resource conservation, leveraging AI to optimize system operations. Its goal is to function as a truly green network, minimizing environmental impact while maintaining high performance.
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