-
Cryptocurrencies
-
Exchanges
-
Media
All languages
Cryptocurrencies
Exchanges
Media
Mir Protocol is a Byzantine fault-tolerant BFT consistency algorithm that allows blockchain systems to confirm transactions faster to improve security and scalability. In the simulation, their algorithms speed up around 14% faster than other algorithms tested when configuring the best timeout parameters.
Mir allows developers to build new types of decentralized applications and provides solutions to the fundamental problems faced by blockchains: They lack scalability and privacy.
Mir is a decentralized application platform powered by zero-knowledge proof. Mir's goal is simple: to enable developers to build scalable private decentralized applications.
Mir supports existing decentralized applications, while also providing privacy and reducing the validator's state size by 1000 times. Mir scales outward, increasing throughput with each node joining the network, without sacrificing security, availability, or decentralization.
This makes Mir a new type of blockchain. With the popularity of applications, more nodes will be motivated to join Mir, thereby achieving a larger scale. Developers can build Internet-scale (and private!) applications without competing for block space.