CyberMiles (CMT)
A Blockchain Protocol For Business Transactions.- CyberMiles is a blockchain protocol specifically targeting business and marketplace applications. The protocol consists of a blockchain-based virtual machine and defined modules of middleware software stacks, which operate outside the chain to support decentralized processes governed by smart contracts implemented on the network.
- The CyberMiles blockchain utilizes Delegated Proof of Stake (DPoS) to reach network consensus.
- Besides the 19 validators, the CyberMiles blockchain has 5 backup validators in case a validator resigns, is hacked, or otherwise drops off, after being slashed. The CyberMiles DPoS protocol divides the total block award pool into two distinct parts: validators and their delegators collectively receive 90% of the total block awards while backup validators and their delegators collectively receive 10%.
- The CMT token is used to reward and incentivize community members to contribute computing power and maintain the integrity of the network via staking and voting, and to facilitate transactions.