PolkaCipher (CPHR)

PolkaCipher is a new Polkadot-powered cross-chain oracle targeting the vastly underdeveloped market of private cross-chain transactions between two parties using NFTs.

Whitepaper

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

What is PolkaCipher

The preliminary plan of PolkaCipher is to build a scalable Layer 2 component layer based upon a privacy blockchain and a P2P network in the blockchain ecosystems for data management (such as data availability and reliability) and privacy protection for decentralized NFT transaction before Polkadot main-net goes live and meets the technical and functional requirements of this project.
After the Polkadot's main-net is live and ready, PolkaCipher will move directly to the Substrate-based interchangeable architecture where it has the original anonymous security. We will use our own cross-chain bridge to bring NFT's minted on Ethereum into the Polkadot Ecosystem.

As a trustless oracle, PolkaCipher obtains confident data resources by optimizing community strength and adding economic incentives and penalties to provide Polkadot and other blockchain's future cross-chain business ecosystem with self-operating, self-organized data source component.