Cyber

What is Cyber?

Cyber is an Ethereum Layer 2 (L2) blockchain tailored for decentralized social applications. Built on the Optimism OP Stack and utilizing EigenDA for data availability, Cyber aims to provide a scalable, secure, and user-friendly infrastructure for Web3 social platforms. Its architecture supports high throughput and low transaction costs, essential for social interactions on the blockchain.

Core Features

 
• Account Abstraction (AA): Cyber implements native account abstraction, allowing for seedless wallets and simplified user onboarding through Passkey and WebAuthn authentication methods.
 
• High-Performance Infrastructure: Leveraging EigenDA, Cyber ensures high transactions per second (TPS) and low fees, enhancing the user experience for social applications.
 
• Restaked Security: The network employs Ethereum restaking to bolster security, delegating staked ETH and CYBER tokens to operators managing critical infrastructure components like sequencers and verifiers.
 
• Interoperability: As part of the Optimism Superchain, Cyber is interoperable with other EVM-compatible chains, facilitating seamless integration and communication across networks.

CYBER Token

The native token of the Cyber ecosystem, CYBER, serves multiple purposes:

 
• Governance: Token holders can participate in decision-making processes, influencing the development and direction of the network.
 
• Staking: Users can stake CYBER tokens to secure the network and earn rewards, including potential airdrops from ecosystem partners.
 
• Utility: CYBER is used for various on-chain activities, such as paying for premium CyberIDs and accessing certain platform features.

Integration with Cryptoworth

Cyber integrates with Cryptoworth to enhance financial clarity in digital asset accounting workflows. This integration enables users to efficiently track, categorize, and report transactions within the Cyber ecosystem, ensuring accurate financial reporting and compliance with accounting standards.

Developer and User Experience

 
• Developer-Friendly Environment: Cyber provides tools and support for developers to build and deploy social dApps, benefiting from the scalability and security of the network.
 
• User-Centric Design: With features like seedless wallets and gasless transactions through sponsorships, Cyber offers a user experience akin to traditional Web2 applications, lowering the barrier to entry for new users.

For more information, visit the Cyber website.

FAQs on Cyber and Social Token Accounting

How does Cryptoworth handle staking and utility token activity like CYBER?

Cryptoworth distinguishes between staking income, governance transactions, and utility use within the Cyber ecosystem. Each activity is categorized and valued to ensure accounting accuracy. See how Cryptoworth supports token-based operations.

Does Cryptoworth track user earnings from social dApps on Cyber?

Yes. If you earn CYBER through usage incentives or creator payouts, Cryptoworth records it as income with proper time-stamped valuation for accounting teams to include in their reports.

Is Cyber’s gasless transaction model supported in reporting?

Yes. Even when no transaction fee is paid, Cryptoworth records the full ledger impact of the activity—including transfers, mints, or account updates—ensuring nothing is missed.