WHAT IS CYPHERIUM
By providing a truly decentralized and scalable framework, combined
with an accessible and intuitive user interface, Cypherium lays a comprehensive
foundation for developers to create groundbreaking apps capable of transforming
the future of business, law, and enterprise solutions.
Using a hybrid consensus mechanism that utilizes both Proof-of-Work and HotStuff,
our blockchain is designed to achieve commercialization viability by maximizing
both decentralization and scalability without sacrificing one for the other. Unlike many
second- and third-generation blockchains that abandon Satoshi Nakamoto’s original
permissionless, trustless consensus mechanism, Cypherium is built on the valuable
innovations of previous blockchains.
We Are Engaging With World Leaders of Financial Industry
Although COVID-19 has stagnated much of the world’s economic activity and
professional engagement, we have taken proactive measures to prepare for the CBDC revolution.
Currently, we are advising a series of virtual discussions on the “Future of Money” with the
world’s leading Central Banks, bridging the gap between CeFi and DeFi
Public Token Sale
Decentralized smart contract platform for creating and connecting CBDCs,
Enterprise Applications, Apps, and Digital Assets
We are one of the first blockchain companies to develop real, tangible blockchain
applications with the world’s largest Internet company, Google, and the world’s largest
Human Resource firm and Fortune 500 company, Randstad. Read More
Our most important innovation, decentralized identity layer, combined with our permissionless
consensus and smart contracts, serve as the key foundation for future CBDC integration
and other potential applications
We have already shifted our focus from general consensus about “thousands of TPS”,
“blockchain trilemma”, or “sharding” to real killer apps, which are considered the Holy Grail
of blockchains
2020 is seen as the beginning of blockchain’s mainstream adoption and we are already
at the frontier of this new revolution OUR SERVICES
The Importance of Enterprise Partnerships
How It Works
THE PROCESS
Mining in traditional Proof-of-Work protocols like Bitcoin takes on two related yet
distinct functions. First, mining involves electing a leader who is responsible for generating
the newest block. The second function consists of verifying the transaction data that
exists within the block body. However, there is nothing inherently beneficial about using
a single process to complete both of these actions.
Cypherium’s technology separates these two processes into two distinct blockchains in order
to improve the efficiency of both. An election chain chooses Proof-of-Work leaders to
write new blocks, while a transaction chain uses HotStuff consensus to verify the
transaction data within those blocks. Building off Bitcoin-NG and ByzCoin protocols,
the Cypherium blockchain is optimized for both on-chain scalability & permissionless
mineability through this hybrid approach to consensus.
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