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Cypherium

Blockchain Evolved

We're focused on addressing key shortcomings of current public blockchain infrastructures. Presently, transaction scalability comes largely at the cost of decentralization, and the commercial adoption of blockchain technology has been impeded by insufficient infrastructure. By providing fundamental building blocks for developers to create groundbreaking applications, and an intuitive interface for users to access these functionalities, we aim to provide a comprehensive foundation for the future of blockchain technology.

2.2
2 1 expert rating
Benchy 2.2
KYC
Experts
2.0
3.0
2.0
Review: coming soon PRO
Unknown
Type
Platform
Country
USA
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Changelly

About Cypherium

We present consensus methods, including Proof-of-Work, fail to achieve sufficient transaction throughput to satisfy the requirements of a public blockchain, or an application that leverages one. This also includes the mainstream exchange of the digital tokens that secure them. Additionally, transactions cannot be considered irreversible until several blocks have been mined. We present Cypherium, which proposes a hybrid consensus mechanism wherein a dynamic group of replica nodes acts as validator committee to determine the validity and order of transactions within a Byzantine fault tolerance-based blockchain system. In place of a certificate authority, the system adopts Proof-of-Work to establish node identities and enable its open participation. Leader election and transaction validation are decoupled into two separate chains to eliminate transaction confirmation time. Transactions are permanently recorded once verified by more than twothirds of the majority of members of the validator committee.

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