1010: Cypherium - The Enterprise-Focused Blockchain Platform - a podcast by Neil C. Hughes

Cypherium is a highly scalable and robust smart contract platform. The hybrid design features a joint Proof-of-Work (PoW) and HotStuff (Also adopted by Facebook's Libra) 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.

Sky Guo is Chief Executive Officer at Cypherieum. His extensive knowledge of blockchain consensus, transaction, and cryptographic algorithms stems from his background in computer science. With a B.S. from Pepperdine University and a degree in Entrepreneurship from Draper University, Sky also serves as a columnist for China's top financial media outlet.

Sky joins me on my daily tech podcast to talk about how they are 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.

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 HotStuff, while leveraging an ASIC-resistant PoW system that maintains a thoroughly decentralized node election.

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