Since I became exposed to the Blockchain industry, I always look out for potential projects that can disrupt blockchain technology with better usecase.
One of these projects is CYPHERIUM.
The first High performance blockchain infrastructure with Byzantine Fault Tolerance and Java smart contracts.
One of these projects is CYPHERIUM.
The first High performance blockchain infrastructure with Byzantine Fault Tolerance and Java smart contracts.
Cypherium is a highly scalable and robust smart contract platform. Their hybrid design features a joint Proof-of-Work (PoW) and Practical Byzantine Fault Tolerance (PBFT) consensus mechanism that can achieve thousands of transactions per second without sacrificing decentralization. It also implements a Turing-complete virtual machine for smart contracts that runs on Java, the most widely-utilized and reliable programming language in the world. This enables the project to democratize the development of smart contracts and lower the barrier to blockchain adoption for existing enterprise.
Current blockchain infrastructures have many shortcomings, and this has kept enterprise customers from fully exploring blockchain technology’s potential.
Multi-Level Governance Protocol
Cypherium Enterprise enables faster transaction speeds than Hyperledger, it can perform thousands of transactions per second on the same setting. The project is created by former software developers at Google, Amazon, Microsoft, and Tencent, whose expertise encompasses cryptography, network security, virtualization, and artificial intelligence.
With Cypher token (“CPH”) the cypherium native token, will be used to execute secured transactions on the blockchain, and give users access to a more complex set of smart contract functions, such as sophisticated decentralized apps and implementing deferred payments.
Dual Chain Structure & Hybrid Consensus
Benefits Of Cypherium
1. Highly scalable. Cypherium’s joint PoW and HotStuff consensus mechanism enables thousands of transactions per second, making the platform uniquely suited for enterprise.
2. Less waiting. By utilizing dual action blockchains, users no longer need to wait on transaction confirmation.
3. Reduced security threats. With sophisticated technology in place, the likelihood of Sybil and 51% attacks becomes nearly impossible.
4. No minimum fees for smart contracts. Having eliminated price minimums, businesses of all size can benefit from using the platform.
5. No fixed block size. Faster, more adaptable transaction processing allows the technology to scale.
Website - https://cypherium.io
Telegram - https://t.me/cypherium_supergroup
Twitter - https://twitter.com/cypheriumchain
Facebook - https://www.facebook.com/CypheriumChain
GitHub - https://github.com/cypherium
Medium - https://medium.com/cypherium
WhitePaper - https://github.com/cypherium/tech_archive/blob/master/cypherium_whitepaper_v2.pdf
#Cypherium
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