Blockchain
HOW CYPHERIUM PLATFORM SOLVES REAL-LIFE PROBLEMS
CYPHERIUM platform is a scalable system that is designed with the aim of improving businesses and making their operations more effective and profitable, with full decentralization.
The Cypherium platform is designed to solve the numerous problems experienced by users in the different Blockchain-based systems.
This will help improve these systems, and also help them to provide efficient services to its users, giving the unreserved benefits of the Blockchain technology, to the global users.
Let’s take a detailed look at the real-life solutions that Cypherium platform provides…
CYPHERIUM PLATFORM PROVIDING REAL-LIFE SOLUTIONS
● REINFORCED SECURITY OF EVERY DIGITAL SYSTEM
Over the years, since the digital system surfaced, security has always been a huge problem, owing to the sensitivity of a lot of users.
There have been cases of hacks into digital systems, where the hacker’s steal user’s personal information and other data registered on the system.
This leaves the users endangered and exposed to attacks, as they do not know what their information is being used for.
There are also systems such as the cryptocurrency platforms or exchanges, where the user’s assets are stored on the system’s framework, and in the case of a hack, every digital asset stored there is stolen.
But in this era of Blockchains, and with the help of the Cypherium platform, security of operations is now made possible, in the digital system.
Cypherium is designed with upgraded tools and methods which helps it overcome all kinds of attacks such as the Sybil attack where a single member tries to take over the entire network with multiple nodes, as well as other attacks on users information and assets.
The Cypherium platform is fully equipped to bring full security to the digital system.
● SEAMLESS IMPROVABILITY OF DIFFERENT SYSTEMS
One issue most systems, businesses and enterprises have faced is the inability to improve their systems for the better.
To further develop their infrastructure, most systems will have to break down their entire framework for this to be achieved.
But that’s not the case with Cypherium.
Cypherium platform applies its advanced technologies with the combination of two powerful consensus mechanisms called the Proof-of-Work and Hotstuff, which allows for the easy improvement of the system, when need be, and also enhances the ability to handle lots of transactions, at a time.
Cypherium platform is obviously out to upgrade the different industries, and digital systems all over the world who have been finding it difficult to improve their system, and these systems will now have the efficiency to carry out enormous transactions.
● INCREASED SPEED OF OPERATIONS, RESULTING TO A REDUCED WAIT TIME
One of the most annoying setbacks of the current systems is their inability to execute operations rapidly.
A user who wishes to get something done on the system, will have to wait for a long time due to the inefficiency and slowness these systems exhibits. This as we know it is not fun and a bane for any business wishing to excel.
Imagine a situation where a transaction involving a huge amount is lost by an establishment due to slow speed of executing them.
So, to avoid this in businesses, establishments and every other system, the Cypherium system was developed.
Cypherium runs a double action Blockchain, which confirms transactions in a twinkle of an eye.
Yes, you heard right…
With Cypherium, the users do not have to wait too long for their trawto be executed, and even those systems where it is necessary to make on-the-spot is now made easier.
● UNRESTRICTED TRANSACTIONS AND REDUCED FEES
Before now, some users are always unable to use a system for any transaction because of the introduction of barriers like price minimum, where a potential user needs to have a certain amount before they could carry out a transaction.
This has for long dissuaded a lot of users, keeping them from enjoying the benefits of digital transactions and in numerous cases, the transaction fee is exorbitantly high, leaving the users with a profit that is next to nothing.
So the Cypherium system has lowered the bar for all platforms and businesses as they have completely removed the price minimum barrier, letting every user participate.
Through its adoption of great technologies such as the Blockchain and smart contracts which eliminate the need for middlemen, the Cypherium platform facilitates transactions at a low cost.
TO SUMMARIZE THIS
The Cypherium platform is getting rid of all the complications in the different platforms, and bringing a real life solution to these problems.
Unlike other systems with the empty promises of providing solutions, and are unable to do so due to the lack of an improved system, crude technologies and inefficient design.
Cypherium has it all taken care of, as it doesn’t just provide a virtual solution, but makes room for a real life application.
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Originally published at https://hive.blog on June 12, 2020.
