What
is CyberMiles?
CyberMiles ("CM") is the blockchain
technology being developed by 5xlab, a blockchain development laboratory. 5xlab
is working closely with 5miles, a leading c2c marketplace operator with more
than 12 million users in the US.
 |
| https://cm.5miles.com |
5miles is expected to be the first
platform to utilize CyberMiles’ blockchain protocol, and will also assist 5xlab
to develop the technology. Over the last 3 years of leading innovation in
online & local marketplaces, 5miles has accumulated the necessary technical
and commercial know-how to tailor blockchain technology & smart-contracts
for real-world applications. 5xlab seeks to use this expertise to develop
CyberMiles, with focus on trust and compliance. This will enable it to be a
mainstream blockchain technology for real-world businesses.
- Foundational blockchain protocol designed and optimized
for commercial apps
- Delegated PoS consensus mechanism
- Resolve latency issues of existing chains
- Key applications
- Local buy & sell marketplaces
- E-commerce
- Online auctions
- Personal identification management system
- P2P lending
Project WP:https://cm.5miles.com/file/project/Project%20white%20paper_en-US.pdf
Technical WP:https://cm.5miles.com/file/technical/Technical%20Whitepaper_en-US.pdf
Register with my ref: https://cm.5miles.com/s/BXSmqz9GxMbTkY4
My bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1286806;sa=summary
My telegram username in CM community: lamoanh94
Compared to Ethereum
Technical WP:https://cm.5miles.com/file/technical/Technical%20Whitepaper_en-US.pdf
Register with my ref: https://cm.5miles.com/s/BXSmqz9GxMbTkY4
My bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1286806;sa=summary
My telegram username in CM community: lamoanh94
Compared to Ethereum
- CM is specifically developed for transactions and
commercial applications
- Existing general use platforms tend to be inefficient
for contracts governing commercial transactions
- CM is being developed to build smart business contract
modules to maximize computing efficiency
CyberMiles
Token (CMT)
- Native utility token to use on the platform
- Uses delegated PoS to further incentivize participants
in the ecosystem
- Initially an ERG-20 token
- When CM protocol is implemented, the initial token
would be exchanged 1:1 with new one
- 1B initial token supply capped at 10B
