Equity Overview
Price & Market Data
Price: $0.0168
Daily Change: +$0.0₆871 / 0.01%
Range: $0.0168 - $0.0168
Market Cap: $0
Volume: 0
Details
Cypherium will be leveraging a hybrid PBFT/PoW consensus mechanism to provide optimal on-chain scalability, enabling thousands of transactions per second. This novel consensus mechanism adopts the idea of decoupling key block mining from micro blocks for faster transaction processing, first pioneered in Bitcoin-NG. Cypherium also borrows from ByzCoin to elect a group of validators from recent key block miners, ultimately allowing said groups to commit transactions collectively.Additionally, Cypherium has a light-weight sandbox environment that separates testing and production, while supporting consensus self-upgrades. By bringing governance on-chain, Cypherium will avoid hard-forks and ultimately allow network participants to adaptively adjust transaction block sizes as well as other proposed protocol upgrades.Telegram