I am extremely impressed with Concordium as a whole, and it is no wonder that the blockchain is valued at $4.45billion in 2022. The project has immense potential and I am actually surprised that it is launched in 2021 without much buzz around it.

Concordium is a privacy-focused Layer 1 blockchain that is inter-operable, and is built for regulatory compliance whilst maintaining privacy (via ZK Proofs), in a world where most major companies have come into the spotlight for selling user data as a form of revenue.

They are also reasonable, sharing that their tps and finality are fast enough to 'meet the needs of business applications', coming in at ~9s and ~9.5s respectively. Concordium also has an extremely interesting dual layer consensus protocol of Nakamoto-style consensus (similar to PoW in Bitcoin) and CBFT (used in Tendermint and Algorand) when combined, makes use of the consensus' finality to checkpoint the blockchain in order to flag out bad actors, and to build blocks on a chain instead of skipping blocks and forking.

Lastly, the $CCD token is used both for utility and governance, and does not seem to have a max supply, which makes sense as a payment, POS token. Show Less


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