Litho
  • Lithosphere
  • Abstract
  • Design Concept
  • Design Objectives
  • Smart Contracts & Decentralized Finance (DeFi)
  • Positioning
  • Lithosphere Architecture and Technology
  • Myriad Distributed Key Management (MDKM)
  • Threshold signature
  • Litho Coin
  • LAX – Algorithmic Stablecoin
  • Consensus Mechanism
  • Cross-Chain Integration
  • Cross-Chain Transactions
  • Deep Neural Networks (DNN)
  • LEP100 Multi-chain Token Standard
  • Validators
  • Linear-communication BFT Consensus
  • Myriad Distributed Key Management
  • LEP100 Token Standard
  • Why should your DeFi project use the LEP100 Token Standard?
  • LEP100 Token Features
  • Verification Nodes
  • Locked Account Generation Scheme
    • Introduction
    • General Nodes
    • Design Description
    • Scheme Generation
    • Advantages
      • Easy Integration and Efficient Data Storage
      • Smart Contract Token Transaction Anonymity
      • Fully Decentralized without Third-Party Participation
      • Secure and stable
      • One-Time Account System
      • Ring Signature Scheme
      • Cryptography Based Security Guarantee
      • Smart Contracts
        • Contract multi-triggering mechanism Diversity of triggering conditions
        • Enhancements and compatibility
        • Contract enclosed call
        • Contract development
        • Timing and trigger conditions
        • Rapid development and interface
        • To use multiple triggers to realize complex financial functions
  • Community operation plan
  • Project promotion method
  • A movement to Promote Blockchain Technology
  • The Standardization of Blockchain Interfaces Movement
  • Lithosphere Applications
  • Current Lithosphere Features
    • Lithosphere Products
    • Lithosphere Project Governance
    • Funding for the project
  • Roadmap
  • Conclusion
  • Disclaimer
  • Glossary
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  1. Locked Account Generation Scheme
  2. Advantages
  3. Smart Contracts

Timing and trigger conditions

Proactive triggers are similar to how smart contracts in Ethereum are activated, which is by a transfer to a contract address. The following procedures will be used to create the new time triggering mode and event triggering mode:

(1)Judge the trigger conditions by nodes

For execution, the Calling list is downloaded to the local node. To determine if each item in the list matches the trigger condition, the node will poll the list and download matching or local data.

(2)Trigger a smart contract

When the accounting node discovers that the condition of a certain smart contract is met while polling at a specific time, the node acquires the smart contract address from the Calling list and sends a particular transaction to activate the smart contract. At the same moment, the smart contract for the selected transaction will be downloaded by the whole network of accounting nodes.

(3)Execute the smart contract

A smart contract is performed in the same way as the current smart contract, that is, it is executed in the node’s operational environment (virtual machine). The contract differs in that it has additional triggers and may be integrated into other contracts through triggering conditions, resulting in a chain of occurrences.

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Last updated 3 years ago