Internal Testnet v0.2
Fractal Chief Scientist has been selected to the rank of IACR Fellows for 2019
- March 28, 2019
Our core consensus protocol iChing to appear in the Stanford Blockchain Conference 2019
- January 5, 2019
Fractal Chief Scientist to chair ACM CCS’19, a premier venue for Security and Blockchain.
- January 5, 2019
Why Fractal Platform
Fractal is powered by iChing, a Bitcoin-like proof-of-stake consensus protocol with rigorous security proof and post-quantum guarantee. The protocol enables large-scale networks with millions of miners, thus, guarantees a truly decentralized blockchain.
On top of the iChing consensus, Fractal has a multi-level of performance amplification for achieving scalability. First, an extended consensus has been developed by utilizing the structure of iChing. Second, iChing is a natural mimic of Bitcoin consensus; as a result, scalability solutions for Bitcoin can be immediately used in Fractal. Altogether, Fractal can securely process 1,000x times more transactions comparing to legacy blockchains.
Fractal, with modular and composable design, will support a wide range of dApps. Further, regulation will be enforced so that dApps can safely interact and exchange services with each other as well as many dApps on other ecosystems whether they are public or private.
A Scalable Proof-of-Stake Blockchain in the Open Setting
Bitcoin and blockchain technologies have proven to be a phenomenal success. The underlying techniques hold huge promise to change the future of financial transactions, and eventually, the way people and companies compute, collaborate, and interact. At the same time, the current Bitcoin-like proof-of-work based blockchain systems are facing many challenges.
We propose a new approach to constructing energy-efficient blockchain protocols. More concretely, we develop proof-of-stake based, scalable blockchain protocols in the open network settings
Fractal Platform Pitch Deck
Fractal platform is a commercial-scale DApps platform. At the heart of Fractal is iChing consensus, a secure and eco-friendly proof-of-stake protocol. It is also a natural mimic of Bitcoin consensus, the only type that stands the test of time. On top of iChing, Fractal provides unique layer-0 scaling solution, called BackPackers. BackPackers can deliver 1,000x more transactions than legacy blockchain as well as near-optimal confirmation time. Finally, Fractal supports full-fledged WebAssembly in multiple programming languages and modular, composable, and interoperable SDKs. This makes building DApps a truly simple task that anyone can do. [Pitch Deck]
Lei Fan, Ph.D.Co-founder & CTO
Dr. Lei Fan is an Associate Professor at School of Cyber Security, Shanghai Jiaotong University (SJTU). He received his Ph.D. in Engineering from SJTU. His research interest includes cryptography, consensus protocols, and data mining. He has extensive experience in software development and project management.
Jonathan Katz, Ph.D.Co-founder & CEO
Jonathan Katz is a professor of computer science at the University of Maryland and director of the Maryland Cybersecurity Center. He is a co-author of the widely used textbook “Introduction to Modern Cryptography” now in its second edition, as well as a monograph on digital signature schemes. He has served as the program chair for the annual Crypto conference (CRYPTO) as well as the ACM Conference on Computer and Communications Security (CCS) and as a member of the steering committee for the IEEE Cybersecurity Initiative and the State of Maryland Cybersecurity Council. He currently serves as an editor for the Journal of Cryptology.
Katz is a recipient of a Humboldt Research Award as well as the University of Maryland Distinguished Scholar-Teacher Award. He was named an IACR Fellow.
Thang N. Dinh, Ph.D.Co-founder & Scientist
Thang N. Dinh is an associate professor in Virginia Commonwealth University. He received his Ph.D. in Computer Engineering at University of Florida in 2013. His research interest includes Blockchain Optimization, billion-scale network analytics, and Mass-marketing Science. He has published more than 60 papers, with 3 best paper awards and nominations, in top venues including SIGMETRICS, MOBICOM, MOBISYS, SIGMOD, and ICDM. He was a co-founder and CTO of EthosU, a start-up on a next-generation social network for youths.
Hong-Sheng Zhou, Ph.D.Co-founder & Scientist
Hong-Sheng Zhou is an associate professor at Virginia Commonwealth University. He received his Ph.D. from University of Connecticut in 2010 and was a postdoctoral researcher at University of Maryland from 2010-2013.
Zhou is working on multiple directions in cryptography including blockchain technologies; secure computing; voting; secure outsourcing; and extreme cryptography against strong leakage, tampering, kleptographic and quantum attacks. He has published a number of papers in top cryptography and distributed computing conferences, such as CRYPTO, EUROCRYPT, ACM CCS, and PODC, and in Journal of Cryptology. Zhou’s research has been funded by NSF and multiple industry awards.
Zhou is a recipient of a Google Faculty Research award, and an NSF Computing Innovation Fellowship.
Wei-Feng Feng, Ph.D.
Dr. Weifeng Feng received his BSEE in Tsinghua University, Beijing, China, and PhD in EECS in University of California, Irvine. He is a recipient of Shanghai Thousand Talents award 2014. Weifeng has over fifteen years of industry experience in both US and China including companies like Broadcom and Skyworks.