Weekly Fone Update

Hello Everyone,

Welcome to our weekly update!

One of the most important features a blockchain should have is a fast and reliable connection to all Nodes. This is why we choose to work with JRPC, as it provides the type of connection we need.

Once a Node (user) establishes a connection with a server, it is then added to a pool of Nodes (other users). This pool is where users can connect to each other automatically, using a P2P connection.

For example, if User A sends User B 10 FONE, this transaction is broadcasted to all users in the pool, so they have access to this pending transaction. When enough transactions enter the “Pending List”, they are then formed into a “Pending Block”. Since all pending transactions are accessible to every user in the pool, knowing that some users are also validators, they access this “Pending Block” and perform a validation all at the same time to avoid any congestion on the Network.

We are currently working on moving a valid pending block to a permanent location called the “chain”. We will share more details about this process next week.

Stay tuned for more exciting news and weekly updates!

The Fone Team