Blockchain Investment Firm Pantera Goes Long On ‘Cypherium’
- Cypherium has branded itself as 'a highly scalable & permission-less hybrid blockchain platform.'

While Cypherium’s blockchain still hasn’t been publicly launched, Pantera has a knack for choosing rather successful projects--Ripple, ShapeShift, OmiseGo, Polychain Capital, and (of course) Bitcoin are all counted in its portfolio.
The spokesperson from Cypherium wrote that “Pantera’s key investment will help Cypherium’s development team build a more adaptable, scalable blockchain for real-world use cases.”
Cypherium Presents Itself As a Versatile, Scalable Blockchain
Cypherium has branded itself as a cryptocurrency that provides ‘the building-blocks for the future of applications’. More specifically, Cypherium writes that it is a ‘highly scalable and permission-less hybrid blockchain platform’ that makes use of both a Proof-of-Work (PoW) algorithm and Byzantine fault tolerance consensus.
Proof-of-Work is kept separate from the transaction verification process. Thus, Cypherium claims that its platform has been designed to ‘achieve unprecedented scalability’ with thousands of transactions per second and no waiting times. There is no fixed block size on the Cypherium network, and there are no minimum fees for smart contract execution.
The Cypherium website also explains that Cypherium’s governance structure is comprised of a a few different layers, ‘where protocol level governance and application level governance are separated.’ This makes it possible for centralized applications to be created on Cypherium, which may be an attractive feature for centralized institutions--for example, banks who wish to issue their own digital currency.
The Cypherium token sale began on December 14 and ended on January 11, raising $25 million--nothing to shake a stick at. However, although Cypherium claims to have been designed to improve upon many of the problems faced by the Bitcoin and Ethereum networks, it has yet to prove its worth--the network has not gone public yet.
Additionally, many of the ways that Cypherium describes itself are somewhat similar to the myriad Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the networks which are used to authenticate blockchain technology. Cryptocurrencies can be thought of as systems that accept online payments which are denoted as “tokens.” Tokens are represented as internal ledger entries in blockchain technology while the term crypto is used to depict cryptographic methods and encryption algorithms such as public-private key pairs, various hashing functions, and an elliptical curve. Every cryptocurrency transaction that occurs is logged in a web-based ledger with blockchain technology.These then must be approved by a disparate network of individual nodes (computers that maintain a copy of the ledger). For every new block generated, the block must first be authenticated and confirmed ‘approved’ by each node, which makes forging the transactional history of cryptocurrencies nearly impossible. The World’s First CryptoBitcoin became the first blockchain-based cryptocurrency and to this day is still the most demanded cryptocurrency and the most valued. Bitcoin still contributes the majority of the overall cryptocurrency market volume, though several other cryptos have grown in popularity in recent years.Indeed, out of the wake of Bitcoin, iterations of Bitcoin became prevalent which resulted in a multitude of newly created or cloned cryptocurrencies. Contending cryptocurrencies that emerged after Bitcoin’s success is referred to as ‘altcoins’ and they refer to cryptocurrencies such as Bitcoin, Peercoin, Namecoin, Ethereum, Ripple, Stellar, and Dash. Cryptocurrencies promise a wide range of technological innovations that have yet to be structured into being. Simplified payments between two parties without the need for a middle man is one aspect while leveraging blockchain technology to minimize transaction and processing fees for banks is another. Of course, cryptocurrencies have their disadvantages too. This includes issues of tax evasion, money laundering, and other illicit online activities where anonymity is a dire ingredient in solicitous and fraudulent activities. By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the networks which are used to authenticate blockchain technology. Cryptocurrencies can be thought of as systems that accept online payments which are denoted as “tokens.” Tokens are represented as internal ledger entries in blockchain technology while the term crypto is used to depict cryptographic methods and encryption algorithms such as public-private key pairs, various hashing functions, and an elliptical curve. Every cryptocurrency transaction that occurs is logged in a web-based ledger with blockchain technology.These then must be approved by a disparate network of individual nodes (computers that maintain a copy of the ledger). For every new block generated, the block must first be authenticated and confirmed ‘approved’ by each node, which makes forging the transactional history of cryptocurrencies nearly impossible. The World’s First CryptoBitcoin became the first blockchain-based cryptocurrency and to this day is still the most demanded cryptocurrency and the most valued. Bitcoin still contributes the majority of the overall cryptocurrency market volume, though several other cryptos have grown in popularity in recent years.Indeed, out of the wake of Bitcoin, iterations of Bitcoin became prevalent which resulted in a multitude of newly created or cloned cryptocurrencies. Contending cryptocurrencies that emerged after Bitcoin’s success is referred to as ‘altcoins’ and they refer to cryptocurrencies such as Bitcoin, Peercoin, Namecoin, Ethereum, Ripple, Stellar, and Dash. Cryptocurrencies promise a wide range of technological innovations that have yet to be structured into being. Simplified payments between two parties without the need for a middle man is one aspect while leveraging blockchain technology to minimize transaction and processing fees for banks is another. Of course, cryptocurrencies have their disadvantages too. This includes issues of tax evasion, money laundering, and other illicit online activities where anonymity is a dire ingredient in solicitous and fraudulent activities. Read this Term that throw around buzzwords like ‘scalable’, ‘blockchain’, and ‘smart contract’ willy-nilly.
That being said, financial backing from Pantera Capital is still no laughing matter, and Cypherium has provided extensive Proof-of-Concept materials for its technolgy. All that’s left now is to see if Cypherium’s bite is as powerful as its bark.
While Cypherium’s blockchain still hasn’t been publicly launched, Pantera has a knack for choosing rather successful projects--Ripple, ShapeShift, OmiseGo, Polychain Capital, and (of course) Bitcoin are all counted in its portfolio.
The spokesperson from Cypherium wrote that “Pantera’s key investment will help Cypherium’s development team build a more adaptable, scalable blockchain for real-world use cases.”
Cypherium Presents Itself As a Versatile, Scalable Blockchain
Cypherium has branded itself as a cryptocurrency that provides ‘the building-blocks for the future of applications’. More specifically, Cypherium writes that it is a ‘highly scalable and permission-less hybrid blockchain platform’ that makes use of both a Proof-of-Work (PoW) algorithm and Byzantine fault tolerance consensus.
Proof-of-Work is kept separate from the transaction verification process. Thus, Cypherium claims that its platform has been designed to ‘achieve unprecedented scalability’ with thousands of transactions per second and no waiting times. There is no fixed block size on the Cypherium network, and there are no minimum fees for smart contract execution.
The Cypherium website also explains that Cypherium’s governance structure is comprised of a a few different layers, ‘where protocol level governance and application level governance are separated.’ This makes it possible for centralized applications to be created on Cypherium, which may be an attractive feature for centralized institutions--for example, banks who wish to issue their own digital currency.
The Cypherium token sale began on December 14 and ended on January 11, raising $25 million--nothing to shake a stick at. However, although Cypherium claims to have been designed to improve upon many of the problems faced by the Bitcoin and Ethereum networks, it has yet to prove its worth--the network has not gone public yet.
Additionally, many of the ways that Cypherium describes itself are somewhat similar to the myriad Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the networks which are used to authenticate blockchain technology. Cryptocurrencies can be thought of as systems that accept online payments which are denoted as “tokens.” Tokens are represented as internal ledger entries in blockchain technology while the term crypto is used to depict cryptographic methods and encryption algorithms such as public-private key pairs, various hashing functions, and an elliptical curve. Every cryptocurrency transaction that occurs is logged in a web-based ledger with blockchain technology.These then must be approved by a disparate network of individual nodes (computers that maintain a copy of the ledger). For every new block generated, the block must first be authenticated and confirmed ‘approved’ by each node, which makes forging the transactional history of cryptocurrencies nearly impossible. The World’s First CryptoBitcoin became the first blockchain-based cryptocurrency and to this day is still the most demanded cryptocurrency and the most valued. Bitcoin still contributes the majority of the overall cryptocurrency market volume, though several other cryptos have grown in popularity in recent years.Indeed, out of the wake of Bitcoin, iterations of Bitcoin became prevalent which resulted in a multitude of newly created or cloned cryptocurrencies. Contending cryptocurrencies that emerged after Bitcoin’s success is referred to as ‘altcoins’ and they refer to cryptocurrencies such as Bitcoin, Peercoin, Namecoin, Ethereum, Ripple, Stellar, and Dash. Cryptocurrencies promise a wide range of technological innovations that have yet to be structured into being. Simplified payments between two parties without the need for a middle man is one aspect while leveraging blockchain technology to minimize transaction and processing fees for banks is another. Of course, cryptocurrencies have their disadvantages too. This includes issues of tax evasion, money laundering, and other illicit online activities where anonymity is a dire ingredient in solicitous and fraudulent activities. By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the networks which are used to authenticate blockchain technology. Cryptocurrencies can be thought of as systems that accept online payments which are denoted as “tokens.” Tokens are represented as internal ledger entries in blockchain technology while the term crypto is used to depict cryptographic methods and encryption algorithms such as public-private key pairs, various hashing functions, and an elliptical curve. Every cryptocurrency transaction that occurs is logged in a web-based ledger with blockchain technology.These then must be approved by a disparate network of individual nodes (computers that maintain a copy of the ledger). For every new block generated, the block must first be authenticated and confirmed ‘approved’ by each node, which makes forging the transactional history of cryptocurrencies nearly impossible. The World’s First CryptoBitcoin became the first blockchain-based cryptocurrency and to this day is still the most demanded cryptocurrency and the most valued. Bitcoin still contributes the majority of the overall cryptocurrency market volume, though several other cryptos have grown in popularity in recent years.Indeed, out of the wake of Bitcoin, iterations of Bitcoin became prevalent which resulted in a multitude of newly created or cloned cryptocurrencies. Contending cryptocurrencies that emerged after Bitcoin’s success is referred to as ‘altcoins’ and they refer to cryptocurrencies such as Bitcoin, Peercoin, Namecoin, Ethereum, Ripple, Stellar, and Dash. Cryptocurrencies promise a wide range of technological innovations that have yet to be structured into being. Simplified payments between two parties without the need for a middle man is one aspect while leveraging blockchain technology to minimize transaction and processing fees for banks is another. Of course, cryptocurrencies have their disadvantages too. This includes issues of tax evasion, money laundering, and other illicit online activities where anonymity is a dire ingredient in solicitous and fraudulent activities. Read this Term that throw around buzzwords like ‘scalable’, ‘blockchain’, and ‘smart contract’ willy-nilly.
That being said, financial backing from Pantera Capital is still no laughing matter, and Cypherium has provided extensive Proof-of-Concept materials for its technolgy. All that’s left now is to see if Cypherium’s bite is as powerful as its bark.