Cryptocurrency attributes
Other attributes
Cybertronchain is an oracle of connecting payment system with the blockchain network for kiosk and payment terminals. Since not every payment methods are able to communicate with the blockchain network, Cybertronchain is a solution for bridging kiosks and payment terminals with cryptocurrencies such Ethereum, bitcoin, ripple, litecoin, and many more others.
Cybertronchain developed the first Kiosk for a coffee shop in South Korea accepting cryptocurrency as a payment method. The aim of Cybertronchain is bringing blockchain technology to existing non-blockchain technologies and making communication between the centralized network and blockchain-based decentralized networks in a more reliable and secure way. Cybertronchain already became a solution for the p2p marketplace in South Korea.
The goal of Cybertronchain is to bring programmability and interoperability to Cybertronchain. In order to embrace the existing popular community and advanced technology, it will bring huge benefits by staying compatible with all the existing smart contracts on Ethereum and Ethereum tooling. And to achieve that, the easiest solution is to develop based on go-ethereum fork, as we respect the great work of Ethereum very much.
Cybetronchain starts its development based on go-ethereum fork. So you may see many toolings, binaries and also docs are based on Ethereum ones, such as the name “geth”.
But from that baseline of EVM compatible, Cybertronchain introduces a system of 21 validators with Proof of Staked Authority (PoSA) consensus that can support short block time and lower fees. The most bonded validator candidates of staking will become validators and produce blocks. The double-sign detection and other slashing logic guarantee security, stability, and chain finality.
Cross-chain transfer and other communication are possible due to native support of interoperability. Relayers and on-chain contracts are developed to support that. Cybertronchain DEX remains a liquid venue of the exchange of assets on both chains. This dual-chain architecture will be ideal for users to take advantage of the fast trading on one side and build their decentralized apps on the other side. The Cybertronchain will be:
A self-sovereign blockchain: Provides security and safety with elected validators.
EVM-compatible: Supports all the existing Ethereum tooling along with faster finality and cheaper transaction fees.
Interoperable: Comes with efficient native dual chain communication; Optimized for scaling high-performance dApps that require fast and smooth user experience.
Distributed with on-chain governance: Proof of Staked Authority brings in decentralization and community participants. As the native token, BNB will serve as both the gas of smart contract execution and tokens for staking.