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ThunderCore

111 W Evelyn Ave, Sunnyvale, California, 94086, United States

Overview

ThunderCore developed a proprietary, Ethereum Virtual Machine (EVM)–compatible blockchain protocol that aims to deliver rapid, scalable transactions and a native cryptocurrency. The platform claims throughput of 1,200+ transactions per second, sub-second confirmation times, and low gas costs. Its hybrid consensus mechanism includes an optimized fast path and an accelerator that coordinates consensus nodes for single-round voting and DDoS resilience. The company focuses on developer experience, collecting feedback and data to help DApp builders deploy and scale on its platform; Testnet is available and the team is preparing for Mainnet launch. Leadership highlighted in the article includes co-founder and CEO Chris Wang and co-founder and Chief Scientist Elaine Shi, both noted for academic and industry credentials. Financially, ThunderCore announced a $50 million funding infusion to broaden offerings and hire additional staff.

Total raised
$50M
Funding rounds
1
Latest round
Equity
Latest activity
Feb 2019

Industries

  • Blockchain
  • Cryptocurrency
  • Software
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Recent funding

  1. Equity

    Feb 2019

    $50M

Team