Blockchain - V2 Project

Project Overview

The Blockchain - V2 project is an enhanced decentralized blockchain system designed to integrate Artificial Intelligence (AI) for optimization and analysis. It expands upon the Blockchain - V1, which primarily focused on building the core functionalities like peer-to-peer networking, block validation, and synchronization.

This version introduces cutting-edge features such as AI optimization for energy consumption, smart contract automation, and predictive analytics for blockchain behavior.

Timeline: Blockchain Versions

Blockchain - V2 (Current Version)

• Key Features:
  • Integration of AI for energy consumption optimization.
  • Implementation of smart contracts for transaction automation.
  • Predictive analytics using machine learning models.
  • Optimized consensus mechanisms (e.g., Proof of Stake).
  • Scalability improvements for supporting decentralized applications (dApps).

Blockchain - V1 (Previous Version)

• Key Features:
  • Peer-to-peer (P2P) network with decentralized nodes.
  • Block creation and validation mechanism based on a standard consensus protocol.
  • Peer synchronization and management for a stable network.
  • Core blockchain functionality: adding blocks to the chain, validating transactions, and maintaining consistency across nodes.

V2 Features

AI Integration

The AI component focuses on optimizing the blockchain's energy consumption by analyzing the network's behavior and predicting future resource needs. This feature aims to reduce the energy consumption of Proof of Work or Proof of Stake processes by adapting the network's behavior intelligently.

Smart Contracts

In V2, smart contracts will automate transactions and enforce rules within the blockchain, eliminating the need for intermediaries. These contracts will be used for various applications, such as token transfers, agreements, and conditional execution.

Consensus Mechanism Optimization

The V2 blockchain introduces a more energy-efficient consensus mechanism that could be based on Proof of Stake (PoS) or a hybrid model with AI-driven decision-making to adjust parameters based on network demand.

Predictive Analytics

AI models will analyze transaction data and blockchain metrics to predict network congestion, energy spikes, and potential security risks. This will help in proactive decision-making for optimizing blockchain performance.

Learn More About Blockchain and AI:

1. IBM Blockchain:

   • Learn how blockchain technology is transforming industries and how it can be applied to various sectors, from financial services to supply chains.
   • Explore IBM Blockchain

2. IBM Blockchain and AI:

   • Discover how AI can enhance blockchain solutions by providing predictive analytics, improving efficiency, and enabling automated decision-making.
   • Explore Blockchain and AI by IBM

Prerequisites

Ensure you have the following installed on your system:

Technology	Description	Download Link
Node.js (v18 LTS Recommended)	JavaScript runtime required to execute the blockchain system.	Download

Clone the Repository:

git clone https://github.com/vitorgabrieldevk/Blockchain.git
cd Blockchain

Install Dependencies:

npm install

ou

yarn install

💡 Note: Regardless of whether you are going to use the v1 or v2 model, you will need to have an instance/peer already running on the blockchain.

Configuring the first instance:

V1 index.js will have the function:

  p2p.connectToPeer('ws://00.000.000.000:6001');

📌 INFO: Comment or remove it from the code to start the first instance!

And then in the next instance created, pass the IP of the first one with the prefix ws:// and the pre-configured port (by default: 6001) into the function.

Within the v2 model, just remove the PeerPublic value within the file:

  /v2/core/config/config.js

📌 INFO: The reason it is necessary to remove it in the first instance is because using this IP it connects to the peer network, but since it is the first peer to create the network, there is no way to connect yet.

Running Blockchain - V1

cd v1
node index.js

Running Blockchain - V2

cd v2
npm run start 8080 6001 ws://000.000.000.000:6001

npm run start [port] [port peer] [host peer public]

Endpoints:

API Endpoints

📌 INFO: Endpoint rules and parameters can change, consult directly in the route definition files.!

V1:

Method	Endpoint	Description
POST	/addBlock	Adds a new block to the blockchain.
GET	/getBlockchain	Retrieves the full blockchain.
GET	/validateBlockchain	Validates the integrity of the blockchain.
GET	/peers	Returns the list of peers connected to the network.

V2:

Method	Endpoint	Description
POST	/add-block	Adds a new block to the blockchain.
GET	/get-chain	Retrieves the full blockchain.
GET	/validate-chain	Validates the integrity of the blockchain.
GET	/get-peers	Returns the list of peers connected to the network.