CyberMiles is a public blockchain forked from Ethereum. It uses state-of-the-art Proof of Stake (PoS) consensus algorithm and handles 2000 transactions per second. In the future when the mainnet will be deployed, CyberMiles possibly can handle up to 10,000 transactions per second.
The main purpose was to create a blockchain solution optimized for e-commerce applications. Apart from blockchain itself, which is faster than Ethereum, it will provide a variety of libraries with preset commerceShow more [+] lated smart contracts. Also CyberMiles will manage user identities, reputation and credit history. The transactions can be run in Safe Mode and Unsafe Mode. This has great impact on number of transactions per second. For safe mode transaction should be held by all nodes of the chain, like in all classical blockchains. Unsafe Mode confirms transaction with reduced number of nodes.
ICO of CyberMiles was completed on December 2017 raising in total 30 million USD.
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