Providing the building-blocks for the future of applications
Bringing Blockchains Mainstream
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.
Cypherium is a highly scalable & permission-less hybrid blockchain platform based on proof-of-work and Byzantine fault tolerance consensus. The design goal of Cypherium focuses on achieving the apex of scalability, decentralization, and commercialization viability.
Cypherium’s unique consensus mechanism provides unprecedented transaction throughput and contract execution time through PBFT, while leveraging an ASIC-resistant PoW system for decentralized node election. By providing fundamental building blocks for developers to create groundbreaking applications, and an intuitive interface for users to access these functionalities, Cypherium aims to provide a comprehensive foundation for the future of blockchain technology.
Building off Bitcoin-NG and ByzCoin protocols, Cypherium is optimized for both on-chain scalability & mineability through a hybrid PBFT/ PoW consensus mechanism.
The new block is then broadcasted to all nodes
How it works
The leader node (crown) proposes a block, waiting to be verified by validating nodes
If 2/3 quorum is reached, the block is accepted into the blockchain
Honest nodes will reject messages from nodes without PoW
Cypherium hence achieves unprecedented scalability by electing the voting committee to separate PoW from the transaction verification process; with bandwidth limited only by the capacity of the individual nodes and latency limited only by the propagation time of the network.
Sybil attacks practically impossible
No minimum fees for smart contract execution
A highly scalable blockchain - thousands of transactions per second
No waiting on transaction confirmation
No fixed block size
What is Governance?
Cypherium’s governance is composed of multiple layers, where protocol level governance and application level governance are separated. While protocol layer is decentralized, it could support centralized application layer suitable for situations that requires such measure like central bank issued digital currency.
Distributed Version Control
Upgrading all nodes through distributed protocol. This is the embodiment of the foundation of governance model
Duo sandbox custom made for smart contract; one for testing and one for deployment to ensures security
Implemented as ED-25519. Faster, smaller, and more reliable than the current ECC algorithm
An interview with Jackson Palmer, the creator of Dogecoin. Hosted in Ethereal conference, San Francisco, Oct 28th.
We are a dedicated team with backgrounds at Google, Amazon, Microsoft, and Tencent, etc.
We have experience with cutting-edge subjects such as network security, cryptography, virtualization, AI, etc.
Sky holds extensive infrastructure-level knowledge regarding blockchain consensus, transaction, cryptographic algorithms and messaging mechanisms. He has conducted extensive research on present blockchain implementations and their source code. Since November 2016, he began developing a new scalable, enterprise viable blockchain infrastructure, and assembling an extraordinary team to implement it. Sky is also a columnist for Caixin, China's top financial media outlet. Sky pursued Bachelor of Science in Computer science at Pepperdine University and received a degree in Entrepreneurship from Draper University.
Nate is a talented development and management professional with experience working at well-established companies including Ubisoft and Microsoft. He has a Computer Science Degree obtained at Stony Brook University and is well-versed in subjects such as algorithmic design & analysis, security and cryptography. Nate has co-conducted research on blockchain implementation. He oversees the daily operation and management of Cypherium. With rich knowledge on software development life cycle, Nate leads cross-functional, collaborative efforts and he is adept in the identification of improved workflows and able to define tools and practices.
Solomon is a Ph.D. graduate of the University of Science and Technology of China and a visiting scholar at The University of Massachusetts, Amherst. Solomon possesses profound and expansive knowledge within the fields of cryptography and network security. His research spans artificial intelligence, big data, state machine replication, and novel cryptographic protocols.
Xyster studied network engineering in college and went on to achieve a Masters Degree in Computer Science from Carnegie Mellon University. He has worked at China's top Internet company, Tencent, as one of their lead developers. As a dev lead at Tencent, he built network systems serving hundreds of millions of users simultaneously. Xyster also has a strong background in building high-demand, scalable network services.
Sicong currently resides in Spain. He holds a master’s degree in computer science from the Universitat Politècnica de Catalunya with a focus on HPC (High Performance Computing) and computer architecture and is now pursuing his PhD degree at Barcelona Supercomputing Center. His research interest spans the area of parallel numerical algorithms as well as a recent dive into deep learning on heterogeneous architectures. He has a strong background in parallel algorithm design and artificial neural networks. Consequently, he is proficient with parallel computing toolchains and several deep learning frameworks. He is aware of the blockchain technology and the change it can potentially bring about to the society and is more working with the team to incorporate his knowledge to the team’s current technological framework.
Fanghua holds a master degree in electrical engineering from University of Southern California. He possesses a deep knowledge in TCP/IP Protocol, network programming, and concurrency handling. He has experience working for top IT companies including Amazon as an engineer.
Mr. Chen is a former developer at Amazon with many years of experience programming high-performance network infrastructures. He led the development of Amazon's shopping data acquisition and analysis platform and leverages hands-on experience with scientific computation and big data solutions.
Eric P. S.
European Affair Director
Eric resides in Netherland and is in charge of European affair. Eric is very experienced in the building and management of the community. Ran 4 big ICOs and helped to grow the community. He knows how to interact with the community and what ones need to maintain the community. Also Eric is helping the team on different aspects to run the ICO.
Hans is a former Business Analyst at a major networking solution and cyber security firm. He focused on data analysis, marketing trends, networking and business analysis with an emphasis on needs forecasting, resource allocation, and business management. Hans specializes in strategic marketing in the healthcare environment relating to the blockchain. In addition to a graduate degree in healthcare management, his experience in insurance gives him great insight into navigating the complexities of the healthcare world when it comes to things such as HIPPA law as well as the various regulations and privacy laws that concern personal medical data.
Ex. Google, Microsoft
Emin Gün Sirer
Associate Professor at Cornell University
bloXroute Labs Chief Scientist
Gün’s research spans operating systems, networking, and distributed systems. He is a Co-Director of the Initiative for Cryptocurrencies and Contracts (IC3) at Cornell. Emin has made enormous contributions to the Bitcoin community through his work on vaults and selfish mining techniques.
Co-founder of Augur
Director for the College Cryptocurrency Network (not related to CryptoCoinNews) and Director of Operations at Augur, he see’s the potential to represent the future of block chain technology, both for the youth and for the 2.0 space
bloXroute’s main goal is to promote the success and real-world traction of blockchains and cryptocurrencies. bloXroute does so by providing the first trustless and provably neutral Block Distribution Network (BDN), which can be applied to any blockchain that wishes to do so.
The partnership between these two cutting-edge companies will give Cypherium a solution to their scalability bottleneck and bloXroute Labs the chance to further their goal of providing scalability to all blockchains.
We are very excited to reveal bloXroute, a scalable substrate that is designed to bring on-chain scalability to all blockchains. Cypherium is a great example of a cutting-edge blockchain, and we look forward to using bloXroute to push their scalability boundary to tens of thousands transactions per second.
Emin Gün Sirer
bloXroute Labs Chief Scientist
IC3 is an initiative of faculty members at Cornell University, Cornell Tech, UC Berkeley, UIUC and the Technion. It was founded to advance the development of blockchain technology by making its collective world-class expertise in cryptography, distributed systems, game theory, and programming languages available to industry partners. It's based at the Jacobs Technion-Cornell Institute at Cornell Tech in NYC. Faculty members at ETH Zurich, Swiss Federal Institute of Technology in Lausanne (EPFL), and University College London (UCL) have become the latest to the join the initiative, which launched in 2015 with financial backing from the U.S. National Science Foundation. IC3’s additional partners include Microsoft, Intel, IBM, and J.P. Morgan.