Advantages of Cybermiles

These CyberMiles are called built and designed to have a more superlative and superior "Geek Business Contract". This is far superior to the "Ethereal Smart Contract" and with a fast and increasing rate, it will soon be considered the next state of Ethereal (ETTH). From that, CyberMiles can be said to be more amazing than other cryptos such as Ethereum, Bitcoin and the like.

There are interesting things that can help in storage, especially storing data during migration. In cases where user data is at 5miles, CyberMiles partners with 5miles to transfer records to the CyberMiles blockchain protocol and technology. It stores user identity, logs, credit history, and other financial transactions. This ensures good privacy and security. This process allows the migration of more than 12 million US-based users and also 5miles to be one of the first if not the first to use the CyberMiles blockchain protocol and thus make the business world more legitimate.

CyberMiles is based on business transactions, commercial contracts and applications making credible systems increase rapidly in a short time. CyberMiles are used for a variety of commercial applications and provide financial answers to e-commerce, a decentralized local business platform. CyberMiles has a purpose for buyers and sellers where they encourage goods and products to be bought and sold with certainty and ease. This is an eye-opener that encourages creating and developing new ways in which credible market systems can be trusted.

CyberMiles has CMT that controls the entire network system. Not only that, CyberMiles also has its own payment methods such as currencies like the way Ethereum has ETH. This is a trusted currency that can be widely accepted in many applications and can be mined easily to users.

Commercial The infrastructure of modern society has evolved to be liked by the biggest investors, ranging from big box retailers like Walmart, to e-commerce giants like Amazon. These players have accumulated scale advantages that have enabled them to achieve greater efficiency through centralized procurement, marketing and distribution. But while efficient, the trade and retail giant is truly a centralized operation that focuses on selling standardized new products. The inclusion of constant new products, combined with the large amount spent on marketing and advertising to convince consumers to buy these products, has resulted in wasteful societies where unused or little products are used to either take place in our homes or exist as waste in the landfill.

Certain platforms that allow c2c trading to use the internet to better connect buyers and sellers. They encourage the resale of products in various categories and geographical markets. However, this platform is also managed centrally, carrying out all functions such as review lists, dispute resolution, payments, and allocation of user traffic. As a result of concentrating all these functions and limiting payment solutions to multiple providers, the total cost of doing business can be as high as 15% of the value of merchandise. Furthermore, in pursuit of greater scalability in its centralized functions, many of the products sold, such platforms often come from larger and more established traders, selling products with a greater inventory.

A big The question, what makes it different from Bitcoin or Ethereum? CyberMiles are more efficient than both in various aspects. Just to give you a perspective on how good CyberMiles are, here are 4 reasons why it is better than Ethereum, and has a better chance of growth.

Low Cost

Ethereum can be used in e-commerce, but transaction costs become more expensive as the network grows. This makes it uncomfortable to use in large-scale e-commerce applications. Up front, CyberMiles are far ahead of the curve. This is designed to keep transaction costs cheap and affordable for anyone regardless of network size. This is part of the factor driving its adoption in the multibillion-dollar e-commerce industry and driving its long-term value.

Support various languages

For someone to develop a smart contract on Ethereum, they must first learn a solidity programming language. That is very limiting because it takes time to learn new programming languages ​​to make smart contracts. Once again CyberMiles (CMT) rival Ethereum in this section because it allows developers to make smart contracts in various programming languages. For example, developers can make smart contracts in Java, JavaScript, and Python. This puts CyberMiles far better when it comes to adoption in e-commerce space.

Have a TPS higher than Ethereum

One of the most limiting aspects of Ethereum is that the network is slow. This makes it uncomfortable to launch large-scale decentralization applications, such as those made for e-commerce purposes. CyberMiles are far more developed considering that it is more than 100 times faster than Ethereum. This makes the blockchain perfect for adoption on e-commerce, compared to Ethereum. It is an advantage that stands out for its long-term value.

Has a proactive anti-bug mechanism

One of Ethereum's biggest problems are that it is vulnerable to bugs. This has happened to networks in the past, making it very ineffective for large-scale applications. CyberMiles solves this problem because it has an anti-bug mechanism. In essence, all funds on the CyberMiles blockchain will never be lost. And if they get lost, there is a consensus mechanism to restore it.

Conclusion.

CyberMiles is a blockchain technology developed by 5xlab, a blockchain development laboratory. 5xlab works with 5miles, the leading c2c market operator with more than 12 million users in the US. 5xlab is trying to use this expertise to develop CyberMiles, focusing on trust and new models. This will enable it to become mainstream blockchain technology for real-world business. In addition, CyberMiles are expected to become Ethereum and Bitcoin competitors in implementing larger transactions and lower costs.

Visit For More Information

Website: https://www.cybermiles.io/en-us/

White paper: https://cybermiles.io/en-us/cmt/whitepaper/

ANN: https://bitcointalk.org/index.php?topic=2344875

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