| General information | |
|---|---|
| Global rank: | 1905 |
| Name: |
Cypherium |
| Symbol: | CPH |
| Current coin price (TRY): | 0.164 ₤ |
| Last hour: | arrow_downward-0.110 % |
| Last 24 hours: | arrow_downward-7.88 % |
| Last 7 days: | -5.34 %trending_down |
| Capitalisation (TRY): | 62 934 146.32 ₤ |
| Volume 24h (TRY): | 2 540 476.04 ₤ |
| Available supply: | 382 951 230.00 CPH |
| Total coin supply: | -1 CPH |
| Start date: | 2017-11-07 |
Cypherium/Turkish Lira (CPH/TRY) price chart
Cypherium/Turkish Lira (CPH/TRY) 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.