Accumulate

Web Name: Accumulate

WebSite: http://www.accumulatenetwork.io

ID:290367

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Accumulate

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Web3 Realized

Accumulate is an identity-based blockchain protocol with multi-chain support, human-readable addresses, and key hierarchies.

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9Features9Interoperability9ACME9Community

An Identity-Based Blockchain Protocol

Accumulate is a new kind of blockchain protocol that is organized completely around identities. Accumulate Digital Identifiers (ADIs) can be assigned to organizations, devices people, or things.

Multi-Chain Support

Accumulate’s multi-chain architecture enables greater throughput. The interconnected network of chains results in 70,000 transactions per second (TPS) which makes it one of the fastest protocols.

Human-Readable Addresses

A human-readable address enables users to transact with a static address such as acc://Bob. This is in contrast to traditional random generated addresses such as 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa.

Key Hierarchies

Key hierarchies enable enterprise-grade security. Accumulate users can rotate, recreate, and reassign private keys when necessary. Using key hierarchies results in greater safety of assets.

An Ultra Fast & Massively Scalable Blockchain

EFFICIENCY

Transactions Per Second

Testnet metric.

SPEED

Block Settlement Time

Testnet metric.

ECONOMY

Token Transfer Cost

Based on 5 year tx projections.

Interoperability with Accumulate

Accumulate improves and integrates with any Layer 1 protocol. Accumulate helps other protocols with greater speed & scalability.

Transactions Per Second
70,000 TPS
Average Transaction Fee
$0.025
Transaction Latency
1 second
Interoperability
Yes (with native Accumulate identities)
Minimum Node Requirements
100MB - wallet, 2GB - node
Transactions Per Second
15 TPS
Average Transaction Fee
$4.42
Transaction Latency
5.4 minutes
Interoperability
In development
Minimum Node Requirements
133GB
Transactions Per Second
50,000 TPS
Average Transaction Fee
$0.00025
Transaction Latency
400 milliseconds
Interoperability
Yes (with side chains)
Minimum Node Requirements
1TB or larger (High TBW suggested)
Transactions Per Second
1,000 TPS per Hydra
Average Transaction Fee
$0.25
Transaction Latency
40 seconds
Interoperability
Yes (with side chains)
Minimum Node Requirements
24GB
Transactions Per Second
$1.00
Average Transaction Fee
2 minutes
Transaction Latency
Yes (limited to Ethereum ecosystem)
Interoperability
80GB - 160GB
Minimum Node Requirements
Transactions Per Second
40,000 TPS
Average Transaction Fee
$0.02
Transaction Latency
2 seconds
Interoperability
Yes (with side chains)
Minimum Node Requirements
20 GB
Transactions Per Second
7,000 TPS
Average Transaction Fee
$0.01
Transaction Latency
2 milliseconds
Interoperability
Yes (limited to Ethereum ecosystem)
Minimum Node Requirements
8 GB - node

Powered by ACME

Accumulate’s protocol is secured and powered by the ACME token. The mainnet launch of ACME is planned for September 2022. Accumulate (ACME) is a hard fork of Factom (FCT) and all FCT holders will convert to ACME at a 1:5 ratio where 1 FCT will become 5 ACME.ACME FAQ

Community

Accumulate invites you to join its community and participate in the next generation of blockchain technology.

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