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CyberVein's big-data solution is based on the PISR (private, interlink, secure, robust) distributed database, database operations are stored on CyberVein blockchain network which runs on a Proof-of-Contribution (PoC) consensus mechanism. The solution is focusing on enterprise-level "blockchain + big-data" customized services.
CVT is the native utility token that is used for:
CyberVein tools include:
CyberVein launched its project on March 26, 2018 with 2,147,483,648 (~2.1 billion tokens) CVT tokens created at genesis.The token is pre-mined and has a fixed supply. CyberVein avoids creating inflation in the supply of tokens, a technique used in some token economies, as this method implies that the token holders subsidize the applications’ activity on the network. Instead, CyberVein is designed to operate in the long term in a sustainable fashion relying on big-data service fees from DAVE alliance. To subsidize network activities during the network’s bootstrap phase, a capped pool was allocated (see “Long-term Reserves” below) and dedicated for both expanding the ecosystem and for providing proof-of-contribution token rewards.
50% Pool 1 - Long-term Reserves
30% Foundation Funds for Long-Term Reserves
15% Technology Development
5% Marketing events
36% Pool 2 - Private Sale
10% Pool 3 - Team and Founding Partners
4% Pool 4 - Advisor
CyberVein big-data solution was created by CV Technology Foundation, and it's whitepaper was authored by Arthur Yu and Jack Ge. Both will continue to be members of CyberVein’s executive team, with Arthur serving as Global Director and Jack as Global Ambassador.
CVT is available through Poloniex, Bittrex Global, OKEx, MXC, Bitbns and many other exchanges. Some services will allow you to use fiat currencies to make a purchase, either through a bank transfer or a credit card.
Rather than a blockchain project, CyberVein is more of a blockchain based big-data solution, therefore CyberVein is more focused on securities concerns on enterprise level database usage, as well as feasibility of standardized and legalized data monetization. Since nowadays there’s growing concerns over data privacy breach and data losses due to database failure.
With PISR database installed on the server, a consortium database will be formed around servers where only the client have access to (no different than any other databases), the database create enough distributed redundancies, and the states and actions of databases will be recorded on the blockchain, which acts like a time machine. This leads to: A single point of failure will not cause loss of data on the database. Databases could rollback in accordance to the blockchain hash. Any malevolent actions will be recorded and visible within the consortium database, and denied. Provides a functional interface for supervisory audits, supports supervisory audit access, and supports comprehensive blockchain index monitoring to ensure operational quality
On the other hand, the DAG storage chain mirrors a sharded copy of the database, which is not limited to the consortium database, but stored globally, as an extra layer of safety.
The federated learning platform is not a product, but rather an innovative workflow that allows machine learning training to be done locally on the terminal instead of a centralized server. This means sensitive information never leaves the server or seen by anyone.
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