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LikeLib2.0 Technical Features, Redefining Public Chain

Published

6 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

Adam Weitsman Backs Unserious in their Acquisition of Creepz and Psychrome homecoming

Published

3 hours ago

on

July 22, 2026

By

Miami, United States, July 22nd, 2026, Chainwire

Unserious today announced the acquisition of Creepz, one of the most recognizable NFT collections of the 2021-22 cycle. Backed by entrepreneur and investor Adam Weitsman, and with the support of the original founders, the deal places the lizard cult brand under a powerhouse new team.

Most importantly, the acquisition marks a homecoming for Psychrome – the original mastermind and creative genius behind the Creepz lore. Returning to lead IP development, he also brings a resume as a globally exhibited artist whose commercial collaborations span Nike, Salomon, Sneaker Con, Staple, Disney, Warner Bros., and Rovio.

Beyond this foundational creative leadership, the Unserious team brings deep operating experience with a track record spanning consumer brands, entertainment, and enterprise tech, alongside crypto’s largest token launches – including the historic ApeCoin.

Unserious also took the opportunity to formally deny the existence of lizard people, their alleged evil activities, and any plans for $CREEPZ world domination.

About Unserious

Unserious is reimagining the future of decentralized brands.

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Acquirer
Unserious
Unserious
contact@unserious.inc

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Press Release

Mandela Digital Announces $5 Million Investment From Datavault AI

Published

3 hours ago

on

July 22, 2026

By

Laramie, Wyoming, July 22nd, 2026, FinanceWire

Mandela Digital today announced a $5 million investment from Datavault AI and the launch of its official digital website at www.mandela.digital.

Datavault AI Commits $5 Million and Technology Platform to Support Mandela Dollar

Datavault AI Inc. has committed and begun deploying $5 million in funding to Mandela Digital. The investment will accelerate the development and launch of the Mandela Dollar (MUSD), a 1:1 USD-backed stablecoin designed to promote financial inclusion, remittances, and digital payments across the Global South and beyond.

Mandela Digital combines institutional-grade financial infrastructure with the moral authority of the Mandela name to address the needs of the billions of people globally who remain unbanked or underbanked.

Under the agreement, Datavault AI’s investment will support stablecoin infrastructure, regulatory compliance, exchange integrations, liquidity, and go-to-market initiatives. As the primary technology partner, Datavault AI will also provide its patented AI platforms, blockchain tokenization expertise, SanQtum quantum-resilient encryption, and real-world asset (RWA) frameworks to power MUSD’s issuance, redemption, compliance, and on-chain transparency.

Key Highlights

  • $5 million investment by Datavault AI Inc. (NASDAQ: DVLT) into Mandela Digital.
  • Full deployment of Datavault AI’s technology stack, including AI-driven platforms, tokenization patents, quantum-secure encryption, and RWA infrastructure.
  • Launch of the Application Stage of the Early Access Programme, which will remain open for a symbolic 67-day window starting on Nelson Mandela International Day 2026, honoring the 67 years Nelson Mandela spent fighting for human rights, equality and social justice. 
  • Official website www.mandela.digital now live as the central global hub for the initiative.

Mandela Digital Launches Official Digital Home

www.mandela.digital

The new website at www.mandela.digital serves as the venture’s primary global hub, offering stakeholders transparent information, official updates, and resources. It follows the recent opening of applications for the Mandela Dollar Early Access Programme on Nelson Mandela International Day.

Key sections of the website will be updated periodically to include details on the MUSD framework, reserves and audits, governance, the Early Access Programme for financial institutions and intergovernmental organizations, partnership information, and educational resources aligned with Nelson Mandela’s values of economic empowerment.

Quotes

Mustaq Patel, Chairman, Mandela Digital: “I conceived the Mandela Dollar to solve what the industry has long failed to deliver: a stablecoin that combines institutional architecture with genuine moral authority. Technology without trust is a commodity; trust without infrastructure is insufficient. Datavault AI’s $5 million investment and full technology deployment under a signed legal agreement mark the transition from vision to construction. www.mandela.digital represents our commitment to transparency and accessibility as we build serious financial infrastructure for the Global South and beyond.”

Zaziwe Dlamini-Manaway, Director, Mandela Digital “My grandfather measured progress by its impact on people’s daily lives — whether families could thrive, young people could build futures, and workers could preserve the value of their labor. Mandela Digital, brought to us by Mustaq Patel and now supported by Datavault AI’s capital and technology under formal agreement, carries that vision forward with clarity and seriousness of purpose. The Mandela name stands for what endures, and we are confident this initiative is built to last.”

About Mandela Digital

Mandela Digital is the U.S.-headquartered Joint Venture developing the Mandela Dollar (MUSD), a 1:1 USD-backed stablecoin engineered to institutional standards. The initiative aims to expand reliable U.S. Dollar-denominated financial access across Africa, Southeast Asia, Latin America, and beyond.

Caution Regarding Unauthorized Tokens

The Mandela Dollar (MUSD) is currently in development and not yet live on any blockchain or exchange. Mandela Digital has not authorized any token sale, pre-sale, ICO, IEO, or similar offering. The public is advised to exercise extreme caution against any unauthorized tokens, websites, or individuals claiming to represent MUSD or Mandela Digital. Suspected fraudulent activity should be reported to legal@mandela.digital. All verified information is available exclusively at www.mandela.digital.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of U.S. federal securities laws. These statements are based on current expectations and are subject to risks and uncertainties, including regulatory developments, technology timelines, market conditions, and other factors that may cause actual results to differ materially. Neither Datavault AI nor Mandela Digital undertakes any obligation to update forward-looking statements except as required by law.

Nothing in this release constitutes an offer to sell or solicitation to buy any security or digital asset.

Contact

Chairman
Mustaq Patel
Mandela Digital
PR@mandela.digital

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Press Release

Former Marine Engineer Turned Supply Chain Executive Releases “From Engines to Algorithms,” Charting a New Framework for Operational Constraints

Published

4 hours ago

on

July 22, 2026

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Los Angeles, California, 22nd July 2026 — Niraj Jha, Senior Director of Logistics at Niagara Bottling LLC, the largest privately held beverage company in the United States, has released From Engines to Algorithms, a book drawing on his uncommon path from licensed marine engineer to supply chain leader to explain why technology does not make operational bottlenecks disappear, they just relocate them.

Jha spent four years at sea as a marine engineer before moving into logistics and manufacturing operations, a transition that forms the spine of the book. The title itself signals the arc: from the mechanical world of ship engines, where a single failed component can strand a vessel, to the algorithmic systems now running modern supply chains, where the failure points are just as real but far less visible.

At the center of the book is Jha’s “Law of Constraint Migration,” a framework he has developed over years of running manufacturing and logistics operations across dozens of plants and thousands of weekly truckloads. The core argument: every time an organization fixes its most visible bottleneck with technology , the constraint does not vanish, it migrates to the next weakest point in the system. Leaders who treat constraint-fixing as a one-time project, rather than a permanent discipline, end up chasing the same problem in a different disguise year after year.

“Systemic failure does not happen because of one big catastrophic event,” Jha said. “It starts with leaders having a static approach to problem solving , where this fix one constraint using technology and then move on without understanding where the constraint has moved.”

That principle was shaped in part by direct experience. Jha’s early engineering career included firsthand exposure to the operational and mechanical failure chains that can escalate quietly before becoming visible incidents, lessons he has carried directly into how he now evaluates risk in logistics networks spanning multiple plants, carriers, and third-party providers.

Since moving into supply chain leadership, Jha has held roles from plant director to his current position overseeing logistics strategy across a multi-state region, and is now deeply involved in Niagara Bottling’s AI strategy for manufacturing and supply chain operations. He holds several patents in manufacturing and supply chain technology, including three granted US patents around direct to store shipments, and has deployed AI-driven systems for automated palletizing, dynamic shipping, and operational incident handling.

From Engines to Algorithms is written for operators, not theorists. Jha’s stated approach throughout is practitioner credibility over metaphor: fewer abstractions, more direct account of what breaks in real operations and why. The book avoids the hedge-everything tone common in management literature in favor of decision-oriented conclusions.

Jha is a member of CSCMP’s Executive Inner Circle, an invitation-only group of senior supply chain executives, as well as the member of the World Economic Forum  and the Fast Company Executive Board. He has been featured as a keynote speaker in multiple industry forums and his writing has appeared in Beverage digest, supply chain management review, SupplyChainBrain, Fast Company, and other trade publications, and he continues to publish ongoing analysis on constraint migration, AI economics, and supply chain strategy through his Substack and LinkedIn.

From Engines to Algorithms is available now. Readers can learn more and find purchasing details at enginestoalgorithms.com.

About the Author

Niraj Jha is Senior Director of Logistics at Niagara Bottling LLC, where he is deeply involved in the company’s AI strategy for manufacturing and supply chain operations. A licensed marine engineer by training, he spent four years in deep-sea service before transitioning into supply chain and operations leadership, where he has spent sixteen years in various leadership roles. He holds several patents in manufacturing and supply chain technology and developed and conceptualized the Law of Constraint Migration.

Media Contact Visit enginestoalgorithms.com for more information.

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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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