Nowadays scalable IoT management is a bottleneck of IoT development due to the
distribution, fragmented ownerships, and ever-growing population of IoT devices. To intelligently manage
massive decentralized applications (dApps) in IoT usecases, Edgence (EDGe + intelligENCE) uses edge
clouds to access IoT devices and users, and then uses its in-built blockchain to realize self-governing
and self-supervision of the edge clouds.
- Edgence proposes to use masternode technology to introduce IoT devices and users into a closed
blockchain system, which can extend the range of blockchain to IoT-based dApps.
- Further, masternodes do good to scalability by raising the TPS (transactions per second) of the
To support various dApps, a three-tier validation is proposed, namely script validation,
smartcontract validation, and masternode validation.
- To avoid energy consumption resulted by blockchain consensus, Edgence proposes a random but
verifiable way to elect a masternode to generate each new block.