Coralex

Coralex

Created using Figma
Created using Figma
Coralex is a third generation blockchain which offers scalability, interoperability and optional privacy. Join us in revolutionizing the future of blockchain. Coralex network is designed to support custom blockchain architectures while providing a trustless mechanism for cross-chain interoperability. At the root of the Coralex network is the first dedicated, public, enterprise blockchain: Coralex-1. Coralex-1 is a state-of-the-art, third-generation blockchain that introduces a new paradigm of security and fair, representative, cryptoeconomic incentives. Coralex network will pass logic & value among participating blockchains to create a contiguous value chain where every transaction occurs on-chain, with logic and value passing among chains as freely as liquid assets.
Sale
Apr 1, 2018
May 1, 2018
100% completed
Raised funds - no Data
past
Token Details
Ticker
CLX
Accepted Currencies
ETH
Company Details
Registered Country
United States
Additional Details
Categories
Cryptocurrency, Internet

About Coralex

Mainstream adoption of blockchains has been limited because of scalability, privacy, and interoperability challenges. Coralex is the first multi-tier blockchain network designed to address these challenges. Core to our hypothesis is the idea that many blockchains will be created to solve unique business challenges within unique industries. As such, the Coralex network is designed to support custom blockchain architectures while providing a trustless mechanism for cross-chain interoperability. At the root of the Coralex network is the first dedicated, public, enterprise blockchain: Coralex-1.

Coralex-1 is a state-of-the-art, third-generation blockchain that introduces a new paradigm of security and fair, representative, cryptoeconomic incentives.

This paper:
• Introduces and explains the Coralex network — the next generation of blockchain technology and first multi-tier blockchain network—and its necessary infrastructures and protocols.
• Details the vision and technical concepts of Coralex-1, a purpose-built, public, third-generation blockchain and a component within the Coralex network.
• Proǀides a roadŵap for future implementations of Coralex-1 and the Coralex network.

These concepts are a work in progress and this paper is intended to establish intent and be exploratory in nature, not declarative. Join the Coralex network mailing list to get alerts about more detailed white papers related to specific aspects of Coralex as they become available.

Coralex Roadmap

  • August 2017 Coralex Whitepaper Draft & Peer Review

  • Completed rough draft of the Coralex Whitepaper and peer reviewed by MIT.
  • February 2018 Coralex Whitepaper Published

  • *Coralex Token Generation Event *Product Release: Build your own Coralex-compatible Blockchain
  • April 2018

  • Coralex Crowdsale Opens
  • May 2018

  • Coralex Crowdsale Ends May 1, 2018 12:00 GMT
  • Read More
  • May 2018 Coralex Phase 1

  • The focus of the first phase in the Coralex release schedule is the interchain communication and bridging infrastructure. With this in mind, phase 1 functionality will include: Virtual Machine (FastVM with EVM source compatibility), Functioning token bridge and interchain communication, and Modified proof-of-work consensus algorithm.
  • June 2018

  • Coralex Virtual Machine Technical Paper
  • July 2018

  • Coralex Proof-of-Intelligence Paper
  • August 2018

  • Coralex Bridging Paper
  • September 2018 Coralex Phase​ ​2

  • The second phase of the Coralex release plan is targeted towards the migration from our modified EVM architecture towards the proposed CVM architecture. Development priorities of this phase include: Introducing the Coralex Virtual Machine (CVM) version 1, Coralex scripting language, and Proof-of-Intelligence consensus algorithm.
  • October 2018

  • Coralex Participating Network Paper
  • January 2019

  • Coralex Network Economics Paper
  • February 2019 Coralex ​Phase​ ​3

  • The third phase finalizes the envisioned network infrastructure, providing infrastructure for fast, efficient interchain communication and interchain applications. In addition, focused on delivering: Participating Network Bridging, Complete Validator Nomination consensus mechanism, Coralex Virtual Machine version 2.

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Team

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4 ICOs

$22 500 000

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