The internet is too important to billions of people for it to be at the mercy of a few powerful companies. We are developing the technology to disrupt centralized online services and enable institutional innovation. What if we no longer had to route our interactions through centralized services? What if data breaches were a remnant of an old flawed infrastructure? Each piece of CipherProxy’s technology is a step towards a society run on peer-to-peer networks instead of by a handful of corporations.
Cipher Protocol is built with multiple blockchains and systems to support use with all business types. In order to meet the needs of different industries, the flexible design structure is modularized, pluggable, and easily expandable. CipherProxy applies blockchain technology to all business types, providing blockchains, smart contracts, distributed verification management, data exchange, and other protocols and APIs. Users can easily develop distributed services through Cipher Protocol without having previous knowledge of distributed networks.
Cipher Protocol leverages a hub-and-spoke architecture where public and private chains alike are connected to the Cipher Layer-1 as the central nervous system of the network.
CipherProxy’s blockchain is built from scratch using Substrate with a key focus on interoperability and enterprise accessibility. It aims to become a Polkadot Parachain to leverage the security and scalability of the Polkadot chain. Other mainstream blockchains will also be fully interoperable with this network.
CipherProxy employs a series of interconnected Substrate side-chains with specific business logic to increase the network’s scalability, functionality, and versatility. These chains can be private or public, use various consensus protocols, and sync with other side-chains and blockchain ecosystems.
Enhanced customization and usability can easily be applied to the CipherProxy network using Wasm based cross-chain smart contracts that hold highly specific business logic. This will allow developers to create DApps with a standard of interoperability. Moreover, this layer also holds the smart contracts for oracles and off-chain workers.
Achieving cross-chain asset transfers with all public networks by using Substrate runtime components and cross-chain smart contracts.
Heterogeneous sharding within Cipher Layer-1 blockchain and beyond (Polkadot, Cosmos, Binance, Ethereum, etc).
CipherProxy’s future parachain leverages on additional security and integrations provided by Polkadot’s relay chain and ecosystem.