Maxonrow is a leading technology company committed to building a safe and efficient digital world. The company develops an array of products and services powered by blockchain technology, focusing on increasing security and efficiency in digital processes, including DMS (document management system), tokenization services (FT & NFT) and digital identity wallet solutions.
Maxonrow works proactively with global regulators and governments to build a healthy ecosystem for new technologies to flourish. With Maxonrow, you can enjoy all the benefits blockchain offers without sacrificing regulatory oversight.
Maxonrow is using Practical Byzantine Fault Tolerance (pBFT), a voting-based consensus that has three main stages in each round – proposal, voting, and committing. During each round, a new validator is chosen to be the proposer or leader, meaning that a different validator will propose each block. The chance of a validator being picked is proportional to its voting power, which is determined by the percentage of total staked tokens.
Maxonrow uses Governed Delegated Proof of Stake (GDPOS), a mechanism of equity entrustment. Every verification node on the Maxonrow Blockchain must complete a rigorous KYC authentication process before being approved to join the consensus mechanism. Maxonrow’s GDPOS prevents verification node violations and solves the centralization risks of traditional consensus mechanisms. Under GDPOS, users can also place their own token as a verification node to increase the frequency of block-creation.