According to community members, Thinkium's omnipotence is reflected in two aspects.

First of all, Thinkium has integrated various technologies of Layer1 + Layer2 at the technical aspect, including layered and parallel sub-chains, homogeneous and heterogeneous cross-chains, sharding, EVM and asset bridge, etc. Theoretically, all digital assets can circulate freely and efficiently on the Thinkium public chain at present.

Second, at the ecological aspect, in addition, to fully connected assets in the digital world, community members believe that the greater potential of Thinkium lies in its unique multi-layer multi-chain structure, which can host large-scale Internet-level applications and help bridge the gap between the physical business world and the digital world.

According to DuneAnalytics, the total number of participants in the DeFi field as of April 2021 is about 2.41 million, which is far less than the number of users for a small-scale Internet product.

Although there have been frequent new stars in the public blockchain field, Polkadot, Solana, Dfinity and other projects all claimed to be the infrastructure of Web 3.0, until now, the industry generally believes that the public blockchain is still in a period of steady development and has not really been able to support the large-scale application implementation of the Internet level.

Members of the Reddit community compared Thinkium with the public chains and came to the following conclusions:

Polkadot relies on the number of chains to expand, but its single-chain is difficult to expand. Thinkium supports both chain number expansion and intra-chain sharding, which can achieve infinite capacity expansion at a linear cost.

The current performance of Solana is up to 60000TPS. The single-chain structure determines that Solana has lower extensibility and its application scenarios are more limited to the financial and trading fields. At present, the performance of Thinkium has reached 100000TPS. Based on the features of Thinkium main chain, such as low cost, high-efficiency cross-chain, infinite extensibility of performance, high concurrency of complex contracts, the application range of the public chain in the industry can also be expanded infinitely.

Due to the algorithm of DFINITY, as the network latency increases, the forking possibility will become more and more. Transactions require multiple block confirmations, and the average practice confirmations take 7.5 seconds. Thinkium forms a complete set of consensus protocol stack suitable for multi-layer multi-chain structure. A deterministic consensus algorithm can quickly complete the transaction confirmation, the current practice confirmation time is around 3 seconds.

Community members believe that with the strong tendency of Thinkium, as well as its unique multi-layer multi-chain structure, Thinkium can support unlimited performance expansion at linear cost, making it more competitive in the infrastructure of Web 3.0.

Thinkium team was founded in 2017. The foundation's members and technical advisors include core members of the IEEE Association, professors of American universities, former senior engineers of the New York Mercantile Exchange, former senior executives of HKEx, and the main organizer of "Blockchain Sydney". Thinkium has concentrated on technology for nearly 5 years and is now vigorously expanding ecological cooperation.

The Impossible Trinity or Trilemma was first proposed by the American economist Paul Krugman. He believed that under the conditions of an open economy, an independent monetary policy, a fixed exchange rate, and free capital flow cannot be achieved at the same time. At best, there is a choice of two and sacrifice one.

“Impossible trinity” in blockchain refers to :

The "impossible trinity" of blockchain first appeared on a forum platform for discussions among technologists, which refers to the failure of blockchain to coordinate the three requirements of Decentralization, Security, and Scalability at the same time.

In terms of the Decentralization aspect, the Thinkium public chain uses consensus protocols to ensure that the same content runs on different computing nodes and allows any node to join without permission. Moreover, there is no such thing as a supernode on the Thinkium public chain.

In terms of the Security aspect, if a clear misbehaving node is detected on the Thinkium public chain, it will be aborted by exporting an empty block in this cycle. Nodes that misbehave will incur substantial economic penalties, making this attack unsustainable.

In terms of the Scalability aspect, Thinkium public chain's "multi-layer multi-chain structure" and "four-layer system structure" can well implement "unlimited extension of performance".

In the design of Thinkium, the main chain acts as a "traffic junction" responsible for recording, coordination, and scheduling. Business chains can operate independently according to different types of transactions or business entities, and communicate across chains through the evidence provided by the main chain. A business chain can also form a subordinate parent-child relationship chain, where the child chain inherits the attributes of the parent chain. 

In the Thinkium public chain, this new trusted digital world, the "impossible trinity" problem will be solved once and for all.

The partners involved in building the nodes, the miners, are key players in solving the impossible trinity. (The construction of more nodes can help Thinkium public chain get better performance.)

Thinkium public chain is committed to helping every ordinary people have the opportunity to participate in the construction of the underlying infrastructure of the public chain and share the growth of the public chain together.

Sarah Smith

Media Contact: thinkium2021@gmail.com

Website: http://thinkium.io