| General information | |
|---|---|
| Global rank: | 1859 |
| Name: |
Cypherium |
| Symbol: | CPH |
| Current coin price (AUD): | 0.006 $ |
| Last hour: | arrow_downward-0.040 % |
| Last 24 hours: | arrow_upward5.73 % |
| Last 7 days: | 1.74 %trending_up |
| Capitalisation (AUD): | 2 282 501.72 $ |
| Volume 24h (AUD): | 78 818.99 $ |
| Available supply: | 382 951 230.00 CPH |
| Total coin supply: | -1 CPH |
| Start date: | 2017-11-07 |
Cypherium/Australian Dollar (CPH/AUD) price chart
Cypherium/Australian Dollar (CPH/AUD) capitalisation and volume charts
Cypherium will be leveraging a hybrid PBFT/PoW consensus mechanism to provide optimal on-chain scalability, enabling thousands of transactions per second.
This 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.