A blockchain whose block producers are identified and accountable.
Streembit combines cryptographic verification, locked deposits and legally accountable operators. Validators check and attest each set of transactions; an Accountable Node assembles and signs each block. The result is designed for sub-second confirmation without mining.
Network record
Three layers of assurance
Cryptographic
Every set of transactions is checked and signed by an independent validator, and every block by the Accountable Node that produced it. Other nodes verify both before accepting.
Economic
Validators and Accountable Nodes lock SBRIT deposits that are confiscated and burned if they cheat.
Legal
Blocks are produced only by Accountable Nodes with audited assets. Misconduct answers to ordinary business and criminal law, not just the protocol.
Contracts between identified parties
Streembit contracts are JavaScript modules run in a sandbox. They propose state changes that the consensus engine validates and applies. Because block producers are identified companies, a contract can be enforced in court as well as on the chain.
Explore the contractsBecome a validator
Anyone may become a validator anonymously. Places are offered through public Open Calls; when applicants exceed the places, a verifiable draw decides, and the Foundation has no say between qualifying applicants.
See the Open CallsContracts for real-world agreements
Streembit contracts carry out agreements that fit into existing legal and business structures. The first use cases are IoT smart contracts, for paid device services such as door locks, vehicle chargers and machines rented by the hour, and the Vote contract, for verifiable ballots.