Cypherium, boasting the fastest blockchain technology the world has to offer, states that their very own virtual machine provides full compatibility to the Ethereum Virtual Machine, the EVM. The Cypherium network is said to operate under the most efficient blockchain ever that can work under the processing speed of a thousand transactions per second.
The Cypherium Virtual Machine is fully compatible with the ethereum virtual machine (EVM), which means DAPPs written in Solidity can also be executed in the CVM.
Crypto world is based on the already dominating cryptos which rule the universe. Bitcoin and Ethereum stand aside as the standard bearers for the cherishers of the decentralization and the centralization concept. The ones that are to incorporate a mechanism where no center operates and looks over the transactions made by the under dwelling users, while the other thinks that there must be a purely orchestrated ‘control room’ responsible for the successful transactions. Cypherium decides to stand the same grounds as Etheruem does, with now announcing their compatibility with the EVM.
The Cypherium Virtual Machine is a trustless but secure crypto platform where a person can perfom owing to their arbitrary code. The virtual machine is supposed to devise the rules for a specific piece of digital marketplace where the users are not allowed to alter the rules but merely play by them. The Cypherium team talks about their next step to achieve crypto greatness by merely giving to us the announcement that things have been piled up for the next gear. The developers are expected to announce the details futher as things unfold.
The Cypherium team is gearing up for what’s next ???? stay tuned, updates to come! pic.twitter.com/BBxDQtvlXS
— Cypherium Blockchain (@CypheriumChain) September 4, 2018
The Cypherium virtual machine guarantees the successful performance of the Smart Contracts, the major feature of the virtual machine. The team has set sights over Ethereum, which the company hails as the guiding torch for them, declaring that all the ethereum system requires are tiny alterations. The scalability enhances the successful carrying out of the smart contracts. The Cypherium platform incorporates the Dalvik architecture which tends to take the performance rate much higher. Cypherium has moved on to the fundraising part as its ICO commenced in 2017 leaving avenues open for the Cypherium developers to explore. With several altcoins following Ethereum’s path, we are likely to have centralized tokens seeing the light of yet another day. Whether they are going to disrupt the decentralized mechanisms is yet a notion for the future.