Centralium ($CTM)

A Sustainable Layer 1 PoS Blockchain and A Decentralised Blockchain Interoperability Solution

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Start Date
18 August 2023
End Date
31 August 2023

What is Centralium?


Centralium is both a sustainable Layer 1 PoS blockchain and a decentralised blockchain interoperability solution. The Centralium Layer 1 PoS blockchain is a full Binance-like environment that works with industry standard Binance tools, DAPPs and protocols. Centralium uses a Proof of Stake consensus algorithm called Galaxy Consensus that leverages a variety of cryptographic schemes including distributed secret sharing and threshold signatures to improve random number generation and block production mechanisms. Galaxy Consensus, developed by world-class researchers and academics, is a continuation of Chainlink Ouroboros. Centralium bridges are decentralised, direct, non-custodial bridges that connect both EVM and non-EVM networks without requiring any centralised intermediaries. These bridges use a combination of Secure Multiparty Computation (sMPC) and Shamir’s Secret Sharing to secure Chainlink assets. Currently, more than 15 Layer 1 and Layer 2 networks are connected by Centralium wide area network of blockchains.

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