Sirius Chain
XPX #3071Project Safety Score: 47%
Updated 1 hour, 46 minutes agoRecord
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Sirius Chain, founded in 2021, extends Blockchain and Distributed Ledger Technology to provide a range of utility services and protocols. The platform aims to help businesses and developers create decentralized applications (DApps) while avoiding the challenges associated with traditional centralized architectures. It utilizes a peer-to-peer (P2P) cloud services model, ensuring fault tolerance through a mesh network of interconnected nodes. This setup allows continued system operations even if individual components fail, preserving data confidentiality and integrity across the network.
The Sirius Chain operates using a distributed file management system (DFMS) that integrates with the NEM blockchain, facilitating both public and private deployment scenarios. It offers a software development kit (SDK) to simplify the creation of DApps, allowing developers to build their applications on a second layer that remains secure and independent from central authorities. The system leverages NEM for value transactions and cryptographic functions, establishing a cohesive environment for various DApp protocols.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
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