TechFlow News — According to the official Twitter account, on November 1 at 12:00 PM, the hybrid blockchain platform Cypherium (CPH) officially launched its mainnet. The project’s official Twitter announced that the first DeFi product to be released on the Cypherium blockchain after mainnet launch will be CypherSwap. Founder Sky Gup stated, “For most crypto projects, mainnet launch is their biggest and final hype—but for Cypherium, we still have much bigger things to unveil!”
Cypherium is a highly scalable, permissionless hybrid blockchain platform based on a combination of Proof-of-Work and Byzantine Fault Tolerance consensus mechanisms. It aims to meet the performance requirements of enterprise-grade applications and provide technical solutions for central bank digital currency (CBDC) issuance. Cypherium is a member of the US Faster Payments Council under the Federal Reserve.
Currently, Cypherium's partners include IBM, Google Cloud, Amazon Web Services, OMFIF, IC3, and Randstad—the world’s largest human resources company.
