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LikeLib2.0 Technical Features, Redefining Public Chain

Published

5 years ago

on

Based on the country’s strategy to promote the development of blockchain, we focus on the core issues of blockchain applications in various fields, take typical blockchain applications as an important breakthrough, promote breakthroughs in key application technologies of blockchain, and study blockchain service architecture, data Key technologies such as access technology, hybrid storage, data source, cross-chain and sharding, blockchain and IoT intelligent system integration, and develop a basic platform for blockchain services, in blockchain education and training, e-government, supply chain, and carry out application demonstrations in key areas such as finance to open up the innovation chain, application chain and value chain, thus providing common and secure blockchain basic support capabilities.

Recently the technical features of LikeLib2.0 public chain system are announced through the media.

LikeLib2.0 provides a secure and stable blockchain service basic platform, covering more than 3 core modules with independent intellectual property rights, such as data connection, hybrid storage, and cross-chain technology, which is able to quickly build solutions for typical application scenarios.

Compared with LikeLib1.0, LikeLib2.0 has a higher level of improvement in core technology architecture, and the transaction speed is about 10000TPS.

The newly released 2.0 system will not only merge transaction program fees, but also copy forks of the blockchain and increase the volume of transfer transactions. The average transaction value can be distributed among the running nodes.

In addition, there have been steady improvements in supporting smart contracts, exchangeable consensus mechanisms, and various storage networks. It can replace the blockchain consensus mechanism and the basic IPFS distributed storage network according to different factors (such as transaction volume), which can store a large amount of data outside the chain.

LikeLib2.0 uses database fragmentation technology. Within the database of LikeLib2.0 public chain system, only a small part of the input transactions need to be processed, and a large amount of verification work can be completed through other conventional parallel processing on the network.

Here, BTC and LikeLib seem to be merchants from two countries. The two parties cannot trust each other and use different currencies, so they cannot directly trade.

Therefore, the two parties negotiated a set of rules (equivalent to a relay chain protocol) and established a special trading venue to handle transactions, jointly managed by large merchants (equivalent to gateways) in their own country as representatives. These large merchants also need to have a sufficient amount of assets as security.

The whole process is called a cross-chain bridge, which has technical advantages such as multi-signature technology/ring signature technology/hash locking.

LikeLib2.0 uses Lightning Network transactions and zero configuration transaction channels.

Both parties transfer funds to a common payment channel and conduct transactions by transferring funds from one end to the other. The existing hosting solutions on the Lightning Network only manage their users’ funds on one or a few, and they will not use one channel with each user. Instead, an internal private ledger is kept to record when the funds belong to the user.

Therefore, users do not have to wait for the payment channel to be broadcast to the chain. The result is a decentralized network of custodians, with each custodian running a centralized subnet with users.

Earlier we mentioned the ring signature technology in the LikeLib2.0 cross-chain bridge. The ring signature is named because a certain parameter implicit in the signature is composed according to certain rules. However, many schemes proposed later do not require the structure of the signature to be a ring, as long as the formation of the signature satisfies the spontaneity, anonymity and group characteristics, and it is also called a ring signature.

In fact, the security of the ring signature technology scheme is quite high, such as: unconditional anonymity, unforgeability, unconditional anonymity of the signer, and the signer can freely specify his own anonymity range, forming a beautiful ring logic structure, which can realize group signatures The main function of but does not require trusted third parties or group administrators.

Ring signature is a special group signature. There is no trusted center and no group establishment process. For the verifier, the signer is completely anonymous.

In terms of zero-knowledge proofs, in theory, it is possible to prove something to everyone else without exposing anything significant, and the volume of the generated proof is small, the proof cost is very low, and it has nothing to do with the amount of calculation that needs to be proved.

LikeLib2.0 uses the generation algorithm (G) to generate public parameters for the proposition, the proof algorithm (P) to generate the proof of the satisfiability of R1CS, and the verification algorithm (V) to verify the proof and other technical methods and means to finally generate the proof. It can be proved that there is a secret value reset equation satisfied without revealing the secret.

Data traceability, from the perspective of application, focuses on the process and method of tracking.

The “decentralized and distributed” technology of LikeLib2.0 records all information publicly on the “public ledger”, and can only be entered and cannot be modified. Due to the feature of multiple parties jointly maintaining the simultaneous ledger, the traditional information island problem is broken and decentralized management is realized.

In this open distributed accounting system, the blockchain provides users with openness and consensus; decentralized and transparent transactions and anonymity for both parties.

The data traceability annotation is a technique for tracing the source, reproduce the historical state and evolution process of the data according to the trace path, and realize the redirection of the historical data archives.

The World Wide Web has continued to iterate for thirty years before it has today’s prosperity and “Internet +”. If we still have confidence in the blockchain in 2020, perhaps we should give it more time. Obviously, the LikeLib2.0 public chain system has given the blockchain industry a gratifying answer in 2020.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Baiyunshan Hanfang Pharmaceutical Releases Technical Progress on Industrial High-Purity Lipid Raw Materials

Published

2 minutes ago

on

May 21, 2026

By

This Enterprise Unveils Industrial High-Purity Lipid Raw Material Product Portfolio for Global Fine Chemical Clients

Guangzhou, Guangdong, China, 21st May 2026 – Guangzhou Hanfang Pharmaceutical Company Limited. (a subsidiary of Guangzhou Pharmaceutical Holdings Limited) today announced updates to its industrial lipid raw material product portfolio and global service upgrades. The company’s offerings include industrial high-purity egg yolk lecithin, medium-chain triglycerides, and soybean oil (general-purpose raw material), tailored to meet industrial production requirements across multiple regions. Adopting a comprehensive business model encompassing direct sales, distribution, custom processing, and technical support, the enterprise serves over 1,000 clients worldwide with a business network spanning more than 20 countries and regions, further expanding its global fine chemical supply chain footprint.

Core Product Portfolio and Technical Services

Guangzhou Baiyunshan Hanfang Pharmaceutical provides products and services tailored for industrial fine chemical enterprises and related industries:

  • Industrial High-Purity Lipid Raw Materials: Supplies industrial high-purity egg yolk lecithin, medium-chain triglycerides, and soybean oil (general-purpose raw material), serving as core components for emulsifiers, cosolvents, and industrial energy additive raw materials, complying with process standards for industrial production scenarios.
  • Customization and Technical Support: Delivers customized solutions for exclusive raw material formulation needs, including compliant adjustments to component ratios and performance parameters; the technical team provides end-to-end guidance on production process applications.
  • Comprehensive Business Model: Covers direct sales, authorized distribution, custom processing, and technical services, meeting diverse needs from standard orders to customized projects.

Global Compliance and Quality Standards

The enterprise has established operational and quality systems aligned with international fine chemical supply chain norms. Its production base in Conghua, Guangzhou, adopts fully controlled end-to-end processes to ensure consistent product quality. Products are sold across Asia, Europe, and other regions, with efficient delivery enabled by mature logistics channels.

Supply and Service Information

Products are available globally through the direct sales team and authorized distributors. Orders are accepted from industrial fine chemical enterprises and related manufacturers, with standard production lead times provided. Custom processing services are available for premium clients, alongside formulation technical consultations. Clients may inquire via the official website or regional sales representatives.

“We focus on ensuring the stability of the fine chemical supply chain, with deep expertise in the lipid raw material sector,” said Chen Shiqi, Project Manager at Guangzhou Baiyunshan Hanfang Pharmaceutical. “We are committed to delivering stable, reliable products and technical support to meet the evolving needs of our global clients.”

Industry Background and Strategic Direction

Industry data indicates sustained growth in global demand for high-quality industrial lipid raw materials, driven primarily by the expansion of global fine chemical production capacity and the need for supply chain resilience. As a member enterprise of Guangzhou Pharmaceutical Holdings Limited, Baiyunshan Hanfang closely follows trends in the fine chemical supply chain industry, focusing on product stability and global technical services to support the growth of clients worldwide.

Future Plans

Guangzhou Baiyunshan Hanfang Pharmaceutical will continue to increase investment in production capacity and product R&D, with plans to expand its global distribution network, upgrade technical service systems for international clients, and prioritize meeting the diverse production needs of core markets.

About Guangzhou Hanfang Pharmaceutical Company Limited

Founded in 1998 and headquartered in Guangzhou, Guangzhou Hanfang Pharmaceutical Company Limited employs more than 330 people across production, R&D, quality control, and administration. The enterprise specializes in industrial fine chemical raw materials, lipid raw materials, and supporting technical services, with products sold in over 20 countries and regions. It holds multiple patents for lipid processing technologies, with its Conghua production base serving as the core production hub. The enterprise’s mission is “stable supply, technical collaboration, empowering the global fine chemical industry.”
For more information, please visit the official website: https://www.byshanhanfang.com/

Media Contact

Organization: Guangzhou Hanfang Pharmaceutical Company Limited

Contact Person: Ms. Chen Shiqi

Website: https://www.byshanhanfang.com/

Email: Send Email

Contact Number: +8613427652966

Address:No. 8 Wenquan Avenue, Wenquan Town, Conghua District, Guangzhou Guangdong Province, P.R. China

City: Guangzhou

State: Guangdong

Country:China

Release id:45292

The post Baiyunshan Hanfang Pharmaceutical Releases Technical Progress on Industrial High-Purity Lipid Raw Materials appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Turn Energy into Profit Gareth Evans’ Newly Released Book Urges Businesses to Build Their Own Energy Infrastructure

Published

14 minutes ago

on

May 21, 2026

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United States, 21st May 2026 – Renowned energy strategist and highly experienced business leader Gareth Evans has released his book, Powering Profits: Control Energy Costs, Build Resilience, and Gain a Lasting Competitive Advantage. The new book is an invaluable corporate leadership guide that offers a deep dive into how power systems work and urges businesses to rethink their energy strategy. It provides actionable strategies for business leaders to reduce costs and gain a competitive advantage.

Powering Profits is an insightful executive playbook that provides a strategic framework for CEOs, business leaders, and entrepreneurs to prioritize control, enhance adaptability, and achieve measurable financial outcomes by reimagining their energy strategy. At a time when energy policies and political issues are reshaping the global business landscape, the new book serves as a timely educational resource, highlighting the business risks of relying on aging energy systems that are not only overburdened by rapid business expansion but also vulnerable to extreme weather events and supply chain disruptions. Drawing on years of experience and research across complex energy systems in various industries, the author illuminates a path forward in which self-managed energy can not only protect organizations from disruptions and rising costs but also offer a strategic advantage over time, turning energy into a scalable asset.

Gareth Evans is passionate about helping businesses generate clean, on-site energy that is reliable, affordable, and a powerful asset that drives growth and revenue. Having worked and lived across six continents, he has seen firsthand how centralized energy systems are unreliable and unfair. As the CEO and co-founder of VECKTA, he has dedicated his professional life to empowering businesses to own their power, delivering solutions that improve operational efficiency and create long-term value.

In addition to authoring the Powering Profits Substack, Gareth is the co-host of the Renewable Rides podcast, where he shares his expertise with executives and CEOs across industries. He has worked with globally recognized companies, including Worley, a global leader in reshaping energy solutions. 

Gareth Evans is available for interviews. 

Title: Powering Profits: Control Energy Costs, Build Resilience, and Gain a Lasting 

                               Competitive Advantage

Author: Gareth Evans

Contact: Michael DeLon

Company: Paperback Expert

Email: press@PaperbackExpert.com 

Phone Number:  (501) 404-8690

About Gareth Evans:  https://veckta.com/our-company/#theteam

Availability: Amazon.com

Book Preview:  https://www.amazon.com/dp/B0H1XCVQ31

Media Contact

Organization: Paperback Expert

Contact Person: Michael DeLon

Website: https://paperbackexpert.com/

Email: Send Email

Contact Number: +15014048690

Country:United States

Release id:45325

The post Turn Energy into Profit Gareth Evans’ Newly Released Book Urges Businesses to Build Their Own Energy Infrastructure appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Modern Financial Planning! Brian K. Peterson’s Newly Released Book Redefines How Blended Families Navigate Money

Published

14 minutes ago

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May 21, 2026

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United States, 21st May 2026 – Certified Financial Planner practitioner and wealth management expert Brian K. Peterson has released his book, Blended Family Finances: How to Talk About Money, Plan for the Future, and Build a Life You Love. The new book is a transformative financial planning guide for blended families. It offers a deeply human approach to long-term money management that also accounts for relationships and family values.

Blended Family Finances is a timely guide for today’s evolving family structures, addressing the unique issues blended families face. It offers a flexible roadmap rooted in communication and shared purpose, providing clarity and support to families after loss, divorce, or remarriage. Through real-life stories, the book outlines three key steps: having open conversations about money, creating a shared vision, and using practical strategies for protection. It emphasizes emotional aspects often overlooked in traditional financial planning, filling an important gap.

Brian K. Peterson is a Certified Financial Planner practitioner and a Certified Private Wealth Advisor® with a passion for helping blended families plan for a stable, secure financial future. As a dad in a blended family, his personal experience complements his professional expertise, enabling him to help families achieve their financial goals through meaningful communication and intentional living. Widely known as “The Financial Planner for Blended Families™,” he is the founder of Blended Family Financial.

Over the years, Brian has developed his proprietary framework, the Planning Built for Life® process, which helps couples move beyond traditional planning and navigate money matters with confidence and unity. His new book combines his unique philosophy with practical financial knowledge, empowering families to create a better life. 

Brian K. Peterson CFP® is available for interviews. 

Title: Blended Family Finances: How to Talk About Money, Plan for the Future,  

                                  and Build a Life You Love

Author: Brian K. Peterson CFP®

Contact: Michael DeLon

Company: Paperback Expert

Email: press@PaperbackExpert.com 

Phone Number:   (501) 404-8690

About Brian K. Peterson:  https://www.blendedfamilyfinancial.com/about

Availability: Amazon.com

Book Preview:      https://www.amazon.com/dp/B0GX2ZQRK9 

Media Contact

Organization: Paperback Expert

Contact Person: Michael DeLon

Website: https://paperbackexpert.com/

Email: Send Email

Contact Number: +15014048690

Country:United States

Release id:45324

The post Modern Financial Planning! Brian K. Peterson’s Newly Released Book Redefines How Blended Families Navigate Money appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Cloud PR Wire

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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