ThunderCore is its own blockchain with its own native cryptocurrency. Developed by industry-leading experts, it is EVM-compatible with throughput of 1,200+ TPS, sub-second confirmation times, and low gas costs—making it quick and easy for DApps to deploy and scale.
he beauty of ThunderCore lies in its extremely simple protocol. Based on years of groundbreaking research by Professors Shi and Pass, every step of the protocol is fully specified and backed by rigorous mathematical proofs.
Consensus Nodes complete a single round of voting to confirm transactions in under a second. The accelerator-- a robust, DDoS-resilient distributed system-- coordinates the network of consensus nodes. Importantly, users do not need to trust the accelerator nor the consensus nodes; they only need to trust the honest majority.
The result: vastly improved speed and performance with no security tradeoffs.
ThunderCore is a public blockchain compatible with Ethereum virtual machine. ThunderCore aims to develop a solution that would bring together the benefits of centralized and decentralized systems. ThunderCore will employ proprietary Thunder protocol that integrates standard blockchain and a new distributed system called accelerator that will coordinate the network of consensus nodes. This new solution is supposed to achieve high throughput and fast confirmation time. The developers claim ThunderCore will be able to execute thousands of transactions per second and ensure sub-second confirmation time.
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Market Competitive environment:
The team explored the market in detail and specifies advantages over its successful competitors.
Lightning network, Raiden network – as opposed to Thunder Token doesn’t support smart contracts;
Practical Byzantine fault tolerance (PBFT) algorithm, which uses Zilliqa ($22M was raised in the course of ICO, capitalization - $514M, ROI USD - 17.79x) to achieve consensus and other blockchain projects two times slower that the solution offered by Thunder Token;
As distinct from Algorand, this project is resistant to attacks 51%;
Dfinity doesn’t solve the issue of increasing the rate of transaction of lower-level blockchain;
Solutions Caper и Plasma for Ethereum are focused on block validation and rather complement this project than compete with it
The project advantages:
Acceleration of the rate of existing blockchains without affecting its infrastructure;
Support of smart contracts and decentralized apps;
Resistant to attack 51%;
This solution is two times faster that Practical Byzantine fault tolerance (PBFT);
This development is more convenient for creation of one’s own software solutions based on it, than PBFT;
SOCIAL ACTIVITY
The project popularity in the social networks and discussion forums
Telegram: 4,8k subscribers, average user activity;
Twitter: 3.9k followers, the average number of likes per twit is 20, the average number of retwits per post is 7;
Medium: 60 subscribers, there’s only 1 post in the feed and it has 1к likes, but no comments;
Reddit: 218 subscribers, the average number of comments per post is 2;
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