[Intro for Cybermiles (CMT)]

Intro for Cybermiles (CMT)

Bitcoin and Ethereum is the popular term of virtual currencies and CyberMiles deals with ERC20. In a c2c marketplace, the most contentious problems are connected with the centralized management. Such as account closure and censorship. As the marketplace is centralized the operators can have close accounts that can have negative impacts and eventually will affect the buyers and sellers. To build a top-rated account, it will need a certain time and monetary investment. The marketplace sometimes requires intervening of illegal products which may lead the operators to make independent decisions.

Layer of Testnet

CyberMiles is the place for empowering the decentralization of online marketplaces. It involves smart contracts for e-commerce and currently activated for testnet and Travis. CyberMiles has launched seven nodes for the Travis Testnet for the process of community staking and this process ensures the members to have accurate information before voting or staking for validators. CyberMiles uses the blockchain technology in order to hold the promises in business applications. The new generation is suffering from the lower execution of efficiency as well as lower development productivity. CyberMiles is basically a blockchain network protocol that is optimized for business contract transactions.

Such form of incentives encourages the community members to participate in the management of the network itself. This system is a lot better and cheaper than a centralized system. CyberMiles is building the future through the potential first blockchain throughout the real-world business application and soon they are going to be one of the largest ad efficient blockchain networks in existences.

Website Link : http://www.cybermiles.io/
Whitepaper Link : http://www.cybermiles.io/vision/