Accumulate is an identity-based blockchain protocol with multi-chain support, human-readable addresses, and key hierarchies. The blockchain is designed to power the digital economy through interoperability with layer 1 blockchains, integration with enterprise tech stacks, and interfacing with the world wide web. Accumulate bypasses the trilemma of security, scalability, and decentralization by implementing a chain-of-chains architecture in which digital identities with the ability to manage keys, tokens, data, and other identities are treated as their own independent blockchains. The Accumulate protocol is based on many of the best concepts that came from the Factom protocol, including data and identity focus while combining the components in a new and unique configuration.
ABOUT ACCUMULATE
Accumulate is a highly unique blockchain network built to address the biggest fundamental issues with blockchain technology: security, validation, scaling, pruning, and integration.
The protocol is the first blockchain to be completely organized around Decentralized Digital Identity and Identifiers.
It anticipates a world where the blockchain is a network of blockchain services, data, and endpoints for processes supporting payments, business, education, regulation, entertainment, social networks and more.
ACCUMULATE FEATURES
Identity-Based Blockchain.
A new kind of blockchain protocol organized completely around identities. Accumulate Digital Identifiers can be assigned to organizations, devices, people, or things.
Multi-Chain Architecture.
Accumulate’s multi-chain architecture enables greater throughput with 70,000 transactions per second, making 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.acme.
Key Hierarchies.
Accumulate users can assign and prioritize multiple private keys when necessary. Using key hierarchies results in greater safety of assets.