ThunderCore is its own blockchain with its own native cryptocurrency. Developed by industry-leading experts, it is EVM-compatible with a throughput of 1,200+ TPS, sub-second confirmation times, and low gas costs making it quick and easy for DApps to deploy and scale.
Our Thunder protocol overcomes both of these issues, achieving both high throughput and fast confirmation time (under typical circumstances within 2 network roundtrips) while being robust up to a 50% attack.
While we are aware of several other recently suggested approaches for overcoming the above two bottlenecks, these approaches are either restricted to only payments (and do not handle smart contracts), or provide security only against a weaker 1/3-attack; additionally, many approaches are based on heuristic arguments, whereas our protocol is accompanied by a rigorous proof of security. The design of Thunder is inspired by a new theoretical paradigm for consensus proposed in our earlier work, Thunderella [21], and provides the first practical instantiation of this general paradigm. This paradigm can be instantiated using either Proof-of-Work or Proof-of-Stake.
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Co-Founder and CFO at CryptoDiffer | Investor| Marketing Specialist| Senior Analyst at Venture Fund Rated on Apr 28, 2019
5
5
5
21%
ThunderCore is an interesting project with ambitions to improve blockchain as a whole. The development for ThunderCore is currently in the pre-release mainnet stage, with mainnet planned for Q3 2019. The project is being developed by an impressive team of 60 people, mostly based in the San Francisco area.
Especially I would like to highlight Elaine Shi who is a prominent thought leader in the academic blockchain space. The only concern we have with ThunderCore is the huge valuation before the launch of the mainnet. Although, we can see a bunch of strategic partners and advisors who have deep connections and substantial experience in the blockchain arena to help ThunderCore to deliver their plans.
ICO-STO-IEO ADVISOR | BITCOIN ROCKER | ICOBENCH EXPERT Rated on Apr 30, 2019 Modified on May 1, 2019
5
5
4
17%
Thundercore: “Decentralization with the Benefits of Centralization”
We need to make a fast summing up to understand ThunderCore
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from light paper:
"The Thunder paradigm provides a bridge between the two: it is a fully decentralized method for maintaining a public EVM-compatible blockchain, with the performance of centralized solutions
Thunder Protocol:
the Thunder protocol combines any “standard” blockchain—which we will refer to as the slow chain—with an optimistic “fast-path”. The fast path protocol is executed by a committee of stake-holders and coordinated by a central authority
called the Accelerator. The Accelerator’s job is to linearize transactions and data (which is a task that is hard to do in a decentralized way, yet easy for a central authority).
Anyone having stake in our system, can put down an “escrow”—a so-called “stake-in”—onto the slow chain and that qualifies the entity to become a committee member. Next, we subselect a committee of 500 nodes among the entities that have put down the stake-in. Both committee members and the Accelerator are rewarded for their work
In our initial deployment, we are relying on Ethereum’s blockchain as our underlying “slowchain”; this blockchain currently is based on proof-of-work, but there are ongoing plans to replace
it with a proof-of-stake system. In our initial deployment, we will also only rely on a single Accelerator; in later versions, we will extend the system to support multiple shards,
As mentioned, our first release will be fully EVM compatible to enable direct migration of existing Ethereum DApps.
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Thundercore has the purpouse to became fast, scalable and secure blockchain; thundercore want decentralization not only for payment systems, but rather to enable the above features for general applications as for example Dapp.
I'm quite confused because i dont find some important features as token distribution, token economics, soft cap, hard cap; quite strange, i hope they add it as soon as possible.
TEAM: 5
In website, team section show only 3 members, but i'm sure they are not alone: CEO, Chris Wang; Chief Scientist Elaine Shi; Scientist, Rafael Pass; They have a full background; it's a pity that not all use linkedin.
Thundercore is hiring too.
VISION: 5
Thundercore promises a great vision, a complete decentralized environment for payment, smart contract and dapp
PRODUCT: 4
in first stage Thundercore has only one accelerator and this is not too much decentralized friendly; it's seems to be a centralized system. they also promise, in later version, to extend system to multiple shards.
In cryptoworld is a common pratics promise something that it will not be realized. When (and if) it's realized this rate will go to 5 instantly
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