Setheum Labs

The Lab for building and maintaining our blockchain projects on Setheum. SETHEUM: "Secure Evergreen Truthful Heterogeneous Economically Unbiased Market" is a blockchain project working on achieving mass adoption, security and economic stability of blockchain technology. The intent of the Setheum Network is to improve upon Web3 and solve the blockchain trilemma with a mixture of approaches and a recipe formed from what we have seen and considered to be some of the best solutions in the field, improving on scalability, security, mass adoption, diversity, and ethics while preserving decentralisation and democratisation. We see a lot of blockchains coming up, yet we haven’t seen many that have either solved the trilemma or effectively found reasonable equilibrium in the trilemma thus achieving a decent level of scalability, increased network security and a decent level of decentralisation. Setheum intends to be just that and more, it intends to be the most scalable blockchain network in the world while providing confidentiality for Subchains(Sidechains natively built into the network) and Cloud Computing and Storage Infrastructure for Web3 based Internet Solutions and Interoperability with both Web2 and other Web3 Networks. Setheum is being built along with its first Subchain named “Khalifa”, after Me, to signify its efforts and approach towards building Ethical DeFi Solutions. Khalifa Blockchain is designed for EVM-compatibility and optimised for DeFi, built on Setheum’s native STEM (Setheum Trusted Execution Machine; built on TEEs) + DAGESTAN (Directed Acyclic Graph Engine for Succinct Trustless Asynchronous Networking; built using ABFT) Stack to make it the most scalable blockchain in the world. With STEM, teams can build Subchains just like the Khalifa Subchain, leveraging all the functionalities and features of the Setheum Network with hardware level shared security across the network. They can be private, public, consortium, permissioned or permissionless.