Accelor.io unveiled its Field Programmable Gate Array (FPGA) frameworks to optimize computing performance and decentralized security. Accelor.io is backed by $2M and is the first company to develop customised hardward releasing blockchain applications from the cloud infrastructure. It has headquarters in Silicon Valley, California and a production office in China.
GJ Chu, Co-founder, Accelor, said:“Blockchain has introduced valuable new techniques for how we share and secure private data, but the industry’s software has run up against an impossible triangle between decentralization, security, and performance. Blockchain applications currently operate on top of retrofitted legacy hardware that relies on a ‘security by patch’ process and is unsuited to the rigorous computation demanded by decentralized protocols. Commodity CPUs are not friendly to the cryptographic, network, and database operations necessary for these systems to scale without sacrificing security and it is paramount for the industry to move these intensive computing functions onto dedicated hardware. We are excited to release a crucial part of the data center infrastructure that will help Blockchain deliver on its enormous potential.”
Pei Kang, Managing Director, Chengwei Capital, lead investor of Accelor, stated: “While speculators have loudly focussed on blockchain’s volatile boom and bust cycles according to its market buy/sell prices, Accelor’s team is looking forward with a deeper understanding of the necessary requirements and corresponding changes that blockchain and cryptographic messaging presents for the future of network data management. Accelor’s FPGAs are a technical testament to the soundness of their technological vision, and of the team’s proven ability to address the gaps plaguing the Blockchain industry’s adoption and growth.”
Accelor Security Architecture (ASA) removes the most harmful threats known as Spectre, Meltdown, and Foreshadow. ASA gives users ultimate authority over their hardware, allowing everyone the flexibility to choose where to place their trust and achieve a more decentralized hardware solution. Accelor Performance Engine (APE), optimizes the computation of intensive cryptography, storage of distributed ledger data, and transaction relays over networks.
“Accelor’s confidential computing architecture has three key advantages to deliver a higher standard in trusted computing. Clients have more freedom to manage their devices, such as setting up their own identity management systems to authenticate each device under their control. FPGAs are faster and have greater power efficiency than general purpose processors for computationally intensive tasks such as expensive zero-knowledge proof related operations. Lastly, FPGAs are already widely used in the IoT and embedded systems market.” – Dr. Larry Shi, Associate Professor of Computer Science, Head of the Blockchain Research Team at at University of Houston (UH), and Senior Member of the Institute of Electrical and Electronics Engineers (IEEE).