Cypherium is built on the valuable innovations of previous blockchains, maximizing both decentralization and scalability without sacrificing one for the other.

sharma765 (26)in #cypheriumchain • 3 years ago

Cryptocurrency is a sort of money which uses progressed records as money. Ordinarily, the records are made using comparable methodologies as cryptography. Advanced monetary forms use 'decentralized control', which infers that they aren't obliged by one individual or government. This is assorted to 'concentrated' electronic money and public banks. The control of each computerized cash works through a scattered record or an overview of trades shared by everyone, typically a blockchain, that fills in as a public money related trade informational collection. Bitcoin, first conveyed as open-source programming in 2009, is every now and again called the fundamental decentralized cryptographic cash.

Next step evolution of blockchain technology is decentralized Finance ( DeFi). DeFi is a sound concept which is created for people to work out their financial activities by using all the benefits that blockchain technology is providing. DeFi is becoming popular and more and more people are now using and having faith in DeFi since it is a decentralized protocol that enables users to do their real asset and monetary transactions without any third part involvements. This DeFi ecosystem is fast, secure And much transparent as compared to centralized banking system. The users are having full control of their assets in DeFi, also there are no boundary limitations to transact. DeFi allows to transact any time and anywhere and there are no unnecessary inquires and limitations of third parties. So the transactions are executed with more speed and much economical speed.

What Is Cypherium?

Cypherium is a decentralized finance project with its own advanced & modified blockchain integrated and well developed on the valuable innovations of previous blockchains, maximizing both decentralization and scalability without sacrificing one for the other which is allowing users access to the transparent loans, insurance contracts, pooled investments, and more for a financial freedom that allow not just turning inefficient money into efficient money, but does so in a safe way.

Cypherium is further development of DeFi ecosystem and it has created such a network that allows its users to get access to all DeFi applications and protocols in its single platform.Cypherium network runs on its own technically advanced blockchain so it is providing the best solution to low speed and insane high transaction cost. Because of high cost many small investors and traders are not able to join and use this technology revolution in its full potential. It is the biggest flaw of the market that DeFi applications and limitation because of high cost are limited to some big players of the market. That severely hampers the organic growth of the market. Cypherium platform by providing more scalability is much faster and execute transactions in a flash. By using Cypherium platform all deFi protocols are within reach of the users and with least cost and much faster speed. 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.

A secure vault

Cypherium has a secure vault mechanism that is a cryptocurrency storage and wallet management system designed to fulfill business accounts requirements, providing at the same time a top notch protection level to secure your digital assets.

Cypherium has the world's most secure computerized money Fiat Compatible wallet, a multi-work wallet containing an exceptional yield developing and static checking pool which helps you Store, send, get, Buy, sell, exchange and stake for robotized income quickly and securely with all of the potential gains of an alternate wallets and united/decentralized exchange, anyway you are holding completed control of your resources inside Your Cypherium vault by Saving your Seed articulation, you have control to your resources and with Cypherium, Funds are Safe.

• The wallet keys and login data is under wallet holder’s control and there is no involvement of external parties.
• The data and information is not shared with third parties.
• The transactions are executed smoothly and this wallet allows its user to swap, trade and make investment in a transparent, safe, secure and anonymous environment.
• This wallet provides more immutability as the data and information of executed transactions is stored in users account and is available in distributed ledger for its authentication.
• On Cypherium’s innovative smartchain and smartcontracts, only the authorized persons can access data and there is no possibility to change or manipulate data and information.
• In Cypherium’s innovative ecosystem, there is fast and economical transactions and also the security of users funds is taken care of and this makes users much comfortable and relax so they can transact freely and can do their asset management as per market requirements to beat the sudden worse conditions of the market.
• By using this wallet the users are able to stake their assets to get interest income.
• The users of the wallet get access to all DeFi protocols and can use liquidity mining pools and then generate their LP tokens to do yield farming. So in this way by giving liquidity and via yield farming, the users of Cypherium Netwok’s vault can earn big rewards. This wallet gives best opportunities to earn passive income from the assets which are stored in wallet for a long time and are inactive.

A smart contract platform

Cypherium project is the next level innovation ob blockchain technology and is created by an innovative team of developers that are committed to provide best user experience with more speed, low fees, more transparency and much scalability. For that purpose, Cypherium has its own technically advanced and evolved smart chain & smart contracts. The transactions are executed on the platform by the smartchain & smartcontracts only when certain conditions are met. Once the transaction is executed, the innovative nodes of the platform are capable to store the executed data on blockhain in blocks. This executed data is always present in a distributed ledger on blockchian where anyone can see and authenticate the data. The whole process is done in user's account and the hackers & manipulators do not get the chance to change the data for their own interest. Cypherium is providing transparent way to execute the transactions where immutability is the main concern. Also the users of the platform can operate anonymously as the trust required to execute the transactions is well managed by the smartchain and smartcontracts of the platform.