Cypherium

Cypherium is a highly scalable and robust smart contract platform. Our 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. Cypherium 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 us to democratize the development of smart contracts and lower the barrier to blockchain adoption for existing enterprise. At Cypherium, we're focused on addressing the key shortcomings of existing public blockchain infrastructures, where scalability seems to come at the cost of decentralization in every corner of the ecosystem. As a result, slower, more centralized blockchain infrastructures have hindered the commercial adoption of distributed ledger technologies. 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 Practical Byzantine Fault Tolerance, our software 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. The platform’s unique consensus mechanism provides unprecedented transaction throughput and contract execution time through PBFT, while leveraging an ASIC-resistant PoW system that maintains a thoroughly decentralized node election.