Blockchain Startup Cypherium Adopts HotStuff Consensus Algorithm

Blockchain, News | June 18, 2019 By:

Enterprise-focused blockchain platform Cypherium has adopted VMware’s open-sourced HotStuff consensus algorithm to drive increased performance and security.

Led by co-founder Sky Guo, Cypherium is building a hybrid blockchain to provide optimal on-chain scalability. The company aims to address blockchain’s scalability and governance issues by combining two consensus mechanisms – Proof-of-Work (PoW) and Practical Byzantine Fault Tolerance (PBFT).