Cypherium is a very scalable permissionless multi-hybrid blockchain platform based on proof of work and Byzantine fault tolerance consensus. To put it very simply, the Cypherium blockchain is a decentralized smart contract platform for creating and connecting decentralized applications.
One thing that makes the platform stand out is the ability to achieve high scalability, decentralization, and commercial viability. With this Cypherium has positioned itself as the future of crypto blockchain technology by improving on the failures and limitations of bitcoin, Ethereum, and other blockchains before it.
After spending over 3 years developing the protocol combined with an infinite desire for innovation and growth, it comes as no surprise that to ensure the consistent growth, vision, and mission of Cypherium, five core tenets were crafted;
LEVERAGING THE LEGACY WEB: With smart contracts written in the most popular programming language, JAVA. It becomes easy to integrate the vast and vibrant Java developers community and already build technologies to aid in the development of the decentralized ecosystem. Also, the Cypherium Virtual Machine, the technology that powers the smart contract is built on the Dalvik architecture formerly used in Google’s Android operating system. This architecture is built for speed and scalability.
CYPHERIUM ENTERPRISE: Private and public organizations or industries can make use of the stronger data confidentiality, greater autonomy, and efficient decision-making provided by the Cypherium blockchain. Enterprises can easily integrate with pre-existing technology.
INDUSTRY INTEGRATION: Through strategic relationships by the team at Cypherium enterprises ensures that the technology that backs up the platform is feasible and usable in real-world business solutions. These strategic relationships include a use case study with Randstad, partnerships with the likes of google cloud, IBM, AWS, Microsoft, and some other multi-billion dollar firms.
NOVEL CONSENSUS: The 3 biggest problems faced in the crypto space are Speed, scalability, and security. Cypherium solves this dilemma by simplifying the mining process into two events, i.e Minting New coins and verifying transactions.
And lastly;
THE DCIF AND CBDCs COLLABORATIONS: Cypherium has already seen widespread discussions among leading experts in the crypto and digital business world alike. The development of the Digital Currency Interoperability Framework (DCIF) presents a unique approach to the problems facing the adoption of Central Bank Digital Currencies(CBDCs).
While crypto blockchains have seen great feats of development in recent years, Cypherium however comes into the fold with a new approach that has achieved a better landslide than other blockchains.