Enterprise Ready Blockchain

Cypherium is a scalable and robust smart contract platform. Our design features a hybrid Proof-of-Work/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.

About Us

At Cypherium, we're focused on addressing key shortcomings of current public blockchain infrastructures. In every corner of the blockchain ecosystem scalability seems to come at the cost of decentralization.

As a result, slower, more centralized blockchain infrastructures have hindered the commercial adoption of distributed ledger technologies. By providing a truly decentralized, yet scalable infrastructure, together with an accessible and intuitive user interface, Cypherium lays a comprehensive foundation for developers to create groundbreaking apps, and looks towards the future of business, law, and enterprise solutions.

Cypherium is a highly scalable & permissionless blockchain platform, with a hybrid consensus mechanism that utilizes both proof-of-work and Byzantine fault tolerance.

Our software is designed to achieve commercialization viability through 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, we at Cypherium try to build on the valuable innovations of previous blockchains. Cypherium’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.

How It Works

Dual Chain Structure & Hybrid Consensus

Mining in traditional Proof-of-Work Protocols like Bitcoin takes on two related, but 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.

Our technology decouples these two processes into two distinct blockchains, improving the efficiency of both. An election chain chooses through Proof-of-Work leaders to write new blocks, and a transaction chain uses Practical Byzantine Fault Tolerance consensus to verify the transaction data within those blocks. Thus, building off Bitcoin-NG and ByzCoin protocols, the Cypherium blockchain is optimized for both on-chain scalability & permissionless mineability through this hybrid PBFT/ PoW consensus mechanism. Here’s what it looks like step-by-step:
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The leader node (crown) proposes a block, waiting to be verified by validating nodes

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If 2/3 quorum is reached, the block is accepted into the blockchain

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The new block is then broadcast to all nodes

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Honest nodes will reject messages from nodes without PoW

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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.

Benefits

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Sybil attacks practically impossible

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No waiting on transaction confirmation

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Highly scalable thousands of transactions per second

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No minimum fees for smart contract execution

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No fixed block size faster, more adaptable transaction processing as the technology scales

Multi-Level Governance Protocol

Cypherium’s governance is composed of multiple layers, where protocol level governance and application level governance are separated. While the protocol layer is decentralized, it has the capacity to support centralized application layers suitable for situations that might require such measures, like central-bank-issued digital currencies.

Virtual Machine

The Cypherium Virtual Machine revolutionizes smart contract technology. There are four notable innovations we make to the industry standard Ethereum Virtual Machine (EVM) that make this true:

Dalvik Architecture.

Instead of using EVM’s stack-based architecture, we use the register-based, Javascript Dalvik architecture that was created for the Android OS. It is more lightweight and able to run even on mobile devices.

Built-in safety checks.

Cypherium performs Safemath safety checks at the virtual machine level. So, vulnerabilities commonly found in EVM are detected by CVM.

Faster data types.

All EVM data types are based on 256-bit word. Cypherium Virtual Machine supports native 64-bit integers, which is exponentially faster than EVM.

Fixed-point representation.

Fixed-point representation is part of what enable low-cost embedded chip-technology in payment cards, making it a crucial part of modern business transactions. EVM doesn’t have it, but now CVM does.

More Features

Distributed Version Control

Upgrading all nodes through distributed protocol. This is the embodiment of the foundation of governance model.

Duo Sandboxs

Duo sandbox custom made for smart contract; one for testing and one for deployment to ensures security.

Schnorr Signature

Implemented as ED-25519. Faster, smaller, and more reliable than the current ECC algorithm

Check our code
Github

Our Team


Sky Guo


CEO

Sky’s extensive knowledge of blockchain consensus, transaction, and cryptographic algorithms comes from his B.S. in computer science at Pepperdine University. He also holds a degree in Entrepreneurship from Draper University and is a columnist for Caixin, China's top financial media outlet.

Nate Ren


COO

Nate has professional experience at companies like including Ubisoft and Microsoft. He earned his Computer Science B.S. at Stony Brook University, studying subjects such as algorithmic design & analysis, security, and cryptography. He manages Cypherium’s day-to-day operations.

Javier Farfan


CMO

Javier Farfan, Cypherium’s chief marketing officer, previously held senior marketing roles at Verizon, PepsiCo, and Microsoft. Farfan will guide Cypherium’s marketing efforts as the company develops a revolutionary blockchain aimed at bringing cryptocurrency mainstream.

Solomon Zhang


CTO

Solomon earned his Ph.D. at the University of Science and Technology of China. Currently, he is a visiting scholar at The University of Massachusetts, Amherst. His research spans artificial intelligence, big data, state machine replication, network security, and novel cryptographic protocols.

Ares Hsu


Lead Developer

Ares Hsu currently works as a Senior Engineer in Amazon’s AWS Cloud Computing Department, where he is engaged in the development of a new generation of network transmission protocols. His research centers around real-time embedded systems, such as unmanned vehicles, smart homes, and large energy storage systems for efficient use and fault tolerance.

Sicong Zhuang


Researcher

Sicong earned his Master’s degree from the Universitat Politècnica de Catalunya with a focus on High-Performance Computing and computer architecture. He is now pursuing his Ph.D. at Barcelona Supercomputing Center, where his research interests include parallel numerical algorithms and deep learning on heterogeneous architectures.

Jake Orbison


Visionary

James Orbison is a technical writer and editor. He holds a B.A. from Yale and an M.Phil. from the University of Cambridge, both in the humanities. On Cypherium’s team, he considers the ways in which blockchains might advance our technological frontiers while remaining culturally accountable.

Hao Li


Senior Developer

Hao Li has spent the last decade as a software engineer at a number of leading tech companies, including Razer, JDSU, Finisar, and Bitmain. Currently, he works as a development engineer at Amazon's CloudFront project. On the Cypherium team, his research focuses on consensus protocols and PoW mining pools.

Our Advisors


Jeremy Gardner


Partner at Ausum Ventures

Director for the College Cryptocurrency Network (not related to CryptoCoinNews) and Director of Operations at Augur, he sees the potential to represent the future of blockchain technology, both for the youth and for the 2.0 space.

Emin Gün Sirer


Associate Professor at Cornell University

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.

Partners


bloXroute labs

bloXroute aims to promote the successful and scalable implementation of blockchains and cryptocurrencies. bloXroute does so by providing the first trustless and provably neutral Block Distribution Network (BDN), available for any blockchain to implement.

The Initiative For Cryptocurrencies & Contracts

IC3 is an initiative led by faculty members at Cornell University, Cornell Tech, UC Berkeley, UIUC, UCL, Technion and elsewhere, to advance the development of blockchain technology. IC3 launched in 2015 with financial backing from the U.S. National Science Foundation. Its additional corporate partners include Microsoft, Intel, IBM, and J.P. Morgan.

News

Cypherium Interview @ Ethereal Summit Blockchain 3.0 Smart-Contraсt

Cypherium Interview @ Ethereal Summit Blockchain 3.0 Smart-Contraсt

Cypherium — Sky Guo, CEO and Co-Founder — Providing the Building Blocks for Efficient, Decentralized

46 ICO CYPHERIUM

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