3.6 Algorithm Advantages

PemChain has created a network that integrates Proof of Work (PoW) with edge cloud computing nodes, overcoming the limitations of existing blockchains and providing a next-generation blockchain solution that emphasizes both security and efficiency.

In PemChain, blocks are created through Proof of Work (PoW), while selected validator nodes participate in block verification and network maintenance. All Proof of Work involves miners solving cryptographic puzzles to create new blocks, thereby maintaining the security and integrity of the blockchain. Additionally, validator nodes have high performance and stability, which can handle block verification and network management tasks, thereby improving the efficiency and scalability of the blockchain.

The algorithm has the following advantages:

• Enhanced Security: The combination of Proof of Work and validator nodes significantly enhances the ability to resist security threats such as the 51% attack.

• High Efficiency: Validator nodes optimize block verification and network management tasks, improving transaction processing speed and scalability.

• Energy Efficiency: The difficulty of Proof of Work is dynamically adjusted, and the efficient operation of validator nodes minimizes energy consumption.

• Fair Reward System: Rewards are fairly distributed based on the contribution of Proof of Work participants and validator nodes, providing appropriate incentives for participants.

PemChain maintains a high level of security through the PoW algorithm. Proof of Work ensures the integrity of the blockchain, while validator nodes enhance the reliability of block verification and network management. Regular security audits and tests are conducted to proactively identify and resolve potential vulnerabilities.

The PoW algorithm provides attractive opportunities for miners and validator node operators. Miners can generate new blocks and receive rewards through Proof of Work, while validator node operators participate in block verification and network management, laying the foundation for the ecosystem and obtaining stable income.