World’s Dominant Blockchain Protocol by Achieving Scalability, Security and Decentralization

Carmine means a rich and vivid red color and is regarded as a blood color. Like blood, we believe CARMIN will be vital, irreplaceable, and the only source of blockchain beyond a mainnet.

Mainnet

Comparison by Project

OS Finality Speed Consensus Virtual Machine Demonstration Architecture
CARMIN 1~5 Sec
  • 1,000 TPS (global)
  • 3,000 TPS (Asia Pacific)
  • 8,000 TPS (Local)
PoS CARMIN Commit Engine Mainnet Layer2 - Blockchain
Ethereum 1.5 Min 15 TPS PoW EVM Mainnet Single - Blockchain
COSMOS 3~7 Sec 1.000~300 TPS Tendermint(PoS) - Mainnet Cosmos Hub
HYPERLEDGER N/A N/A PoET(Elapsed Time) Various No public use case Modular complex architecture
EOS Less than 1 sec
  • 100,000 TPS
  • 3,800 TPS (Proven)
dPoS EOS VM Mainnet Parallel processing
Klaytn 1 Sec 8,000 TPS(In Cloud) PoW EVM Klaytn Based on Ethereum
Nexledger 3~7 sec 800~1,500 TPS PoA Hyperledger VM Nexledger Universal Based on Hyperledger
GIGACHAIN 3~7 sec 400~1,000 TPS PoA Hyperledger VM GiGACHAINBaaS Based on Hyperledger
Monachain 3~7 sec N/A N/A N/A GiGACHAINBaaS Based on Hyperledger
Lambda256 1 sec ~2,000 TPS PoA EVM Hyperledger VM Luniverse Platform Based on Ethereum & Hyperledger
Scalability

ZK-Rollups

Zero-knowledge rollups are layer 2 scaling solutions that increase throughput on Ethereum Mainnet by moving computation and state-storage off-chain. ZK-rollups can process thousands of transactions in a batch and then only post some minimal summary data to Mainnet.

source:makeuseof.com

CARMIN

ZK-rollups vs. Others

  Withdrawal Time Required Trust Privacy Throughput Gas Fee Cross-chain Interoperability
Channels Instant withdrawal High High Very High Very Low No
Plasma 7 Days Medium Medium High Low Yes
Optimistic Rollup 7 Days Medium Medium Medium Low yes
ZK-Rollup Instant withdrawal Low High High Medium Yes
  State Channels Plasma Rollups
Description Payment channel is the most obvious form of state channel. Ethereum's native child-chain secured by the Ethereum mainnet but operate on its own consensus mechanism and its own token. plasma Rollups scale Ethereum by executing transactions on a separate EVM-compatible chain before batching, compressing, and posting to Ethreum Mainnet. There are 2 types of rollups Optimistic Rollup and Zero-knowledge proof rollup.
Optimistic Rollup ZK-Rollup
Main Technology Smart contract

Smart contract

Merkle Tree

Smart contract

Merkle Tree

Smart contract

Merkle Tree

Zero-knowledge proof cryptography

Limitation

Don't support open participation

(Need to know the participants ex ante and can only perform transfer with another party which is in the channel already, changes of participants requires a change of the smart contract code)

Solved

(can send fund to people who are not in the plasma chain)

Solved

Solved

Application purpose

(connot run all type of smart contract like EVM, smart contract)

Application purpose

Solved - Support general purpose smart contract

(con run most of the smart contract like EVM on Ethereum)

not yet fully support general purpose

(StarkWare is working on general purpose EVM for ZK rollups in Cario, will explore further in the next post)

Someone must stay online to keep the channel alive and monitor the transaction within the channel

Require plasma operators to stay online and send hash to Ethereum root-chain at regular interval

Require rollup sequencer to stay online to monitor rollup block to prevent fraud

Solved

(less downtime risk if sequencer is not operating properly)

Must have a logical owner

(cannot be used in AMM e.g. Uniswap)

Must have a logical owner

Solved - DeFi-friendly solution

Solved - DeFi-friendly solution

Can transfer ETH directly

Require to use a ERC-20 token to perform the transaction not ETH e.g. wrapped ETH (WETH)

- Optimism use WETH

- Arbitrum can transfer ETH directly

Can transfer ETH directly

Rollup Position

Rollup Position & How IBFT 2.0 Works

CARMIN

Three Pillars of Carmin Business

01

Exchange & Payments

Publlic DEX

02

NFT Portal / NFT Moa

NFTs Services

03

dApps

Play (Move) to Earn

CARMIN NFT MOA (NFT Portal Platform)

NFT MOA

Trade all NFT collections around the world in the easiest, simplest and safest way on NFT Moa!

M2E Platform

"Let's Move"

Anyone can earn LEMO tokens by simply moving like running, biking, swimming, hiking and more

Start Moving and Make Money

Dapp BITMIC

CARMIN ONLY dAPP BITMIC

One of highest grossing actors in South Korea, Ha Jung-Woo. We can now enjoy his NFTs ONLY on BITMIC, CARMIN dAPP

Opensea superstar “Supernormal” teamed up with BITMIC recently

A teen-idol rock star Jaejoong and a famous South Korean comedian Jo se-ho released their NFTs only on BITMIC

Puzzle Role Playing Game

P2E Platform

Puzzle Fantasy

Buy, Sell and Trading NFTs on NFT Markets

No Outsourcing!

CARMIN's established powerful IN-HOUSE Alliance.

TEAM

Management

Stuart S. Lee

Co-Founder & CEO

CEO, CARMIN Labs

COO, AIQ Blockchain

Co-Founder & CEO, ALFA DLTA Inc.

Co-Founder & CEO, Things Video

Co-Founder & CEO, SPORANK Technology

CEO, Posing Technology

Stanford University

H. Peter Kim

Co-Founder & Chief Advisor

Co-Founder, CARMIN Labs

CEO, AIQ Network

CTO, AIQ Blockchain

Washington University in St. Louis

Ryan Lee

Co-Founder & CSO

Supreme Finance CTO

TONE Foundation & DEVISOFT, CEO

Atomic Idea Singapore, CTO

LK Convergence, CSO

Korea Telecom & Samsung SDS Cloud Architecture

Master of Engineering, Yonsei University

Junseok Kang

CCO

KTH Paran Contents Team

Publisher (from Dec 2006 to present)

YNK Contents Team

Consultant & Publisher (from May 2001 to Nov 2004)

Crypto Mining & Analyst , Promoter

Aiden Song

Co-Founder & COO

CEO, CoinBene Vietnam

Advisor, Symverse Vietnam

CEO, Golden Pacific Vietnam

Senior Private Banker, IBK Investment & Securities

Senior Private Banker, Samsung Securities

Kyunghee University

Jina Park

CMO

NFT Planner & Marketing (BITMIC ,BTSC)

NFT Art Curator (BITMIC, BTSC)

Hana Financial NFT Art Director

O2O Marketing expert

Motorsports Marketing Planner

- Audi R8 LMS Cup

- Ferrari Challenge

- Porsche Carrera Cup

- Lamborghini Blancpain Super Trofeo

- Asian Le Mans Series, etc

Cris Lee

Senior Engineer

Neowiz Enc Member Contents Developer & Project Manager, Blockchain Mainnet developer

KT Cloud, SDS : Cloud.com, Samsung S-Cloud Service PM

International Database Analyst

- Bigdata Database (Mongo), SQL DBA

Hongkong & Veitnam International Exchange, crypto currency developer

Owain Harris

dApp CTO

CARMIN dApp Dev Team

BITMIC dApp CTO

Tangram Software Develope

Ink Trendz Software Developer

Smartsoftware Solutions Pty Senior Consultant

Deltek Customer care analyst

Sohnar Support Manager

TEAM

Software Engineers

Seongsik Kim

CTO

Dongguk Univ. Information Communication Engineering

CEO & CTO, ST Unitas SLG

CTO , FEELWAY

CTO, Bithumb & Huobi Korea

PMO, NAVER corp. & TMON corp

Development of SK Telink platform for payment and charging , calculation system

Development of Backend for Shinsegae I&C

Yeonseong Shin

Head of Blockchain

18 years in Development for overall Blockchain

Development for Multi(Cross) Chain & Contract Factory Scanning Engine

Development for NFT Marketplace

Development for mainnet of Ethereum L2 Hard Fork (ZK-rollup)

Development for ERC integrated Payment system

Development for Mobile Wallet Gateway

Eojin Lee

ADA Mainnet Engineer

8 years in Development for Blockchain

Development for Bridge Chain & Contract Factory Scanning Engine

Development for NFT Marketplace

Development for mainnet of ADA Cardano Hard Fork

Development for ERC integrated Payment system

Development for Mobile Wallet Gateway

Myeongho Chou

ADA Mainnet Engineer

6 years in Development for Blockchain

Development for Bridge Chain & Contract Factory Scanning Engine

Development for NFT Marketplace

Development for mainnet of ADA Cardano Hard Fork

Development for ERC integrated Payment system

Development for Mobile Wallet Gateway

Seonghoon Park

Head of AI & Searching

19 years in Development for AI & Searching

Director of Megazone platform Development team

Director of WITHinnovation Development team

Director of BALAAN FrontEnd Development team

Director for searching engine development of YAHOO Korea

Director of Plus-MX Development team

Director of Happyrising technical laboratory

Director of INVENTURE Technology Development team

Janghyuck Cho

Head of Backend & Server

20 years in Development for overall Server

Senior Developer in Bungaejangter platform laboratory

Director of ST Unitas Development team

Director of Megazonecloud Development team

Director of WITHinnovation Service Development team

Director of TMON Development team

Director of NAVER PWE Development laboratory

Director of NHN / NTS Development team

Development for dictionary service of YAHOO Korea named information and future

Youngjun Seo

Head of Payment & Settlement

20 years in Development for payment and billing system

Development for overall middleware in ST Unitas EDU-Tech laboratory

Director of KT Pay Development team

Director of Pay Letter Development team

Director of Hanafos.com’s Membership Development team

Senior Developer in Microsoft Web Billing Development

Jaehyun Kim

Head of E-Commerce

17 years in Development for overall E-Commerce

Development for TMON and Bungaejangter platform

Development for digital asset platform of KT Alpha

Development for personal emoji marketplace utilized META engine

Development for AI-based commerce optimization server distribution solution

Development for virtual society-based Instagram mapping interworking

Jaewook Jeong

Head of UI & UX

20 years in UI & UX overall Design

Director for service planning and overall UI/UX design of “S” Company

Director for UI/ UX design of Daum Communication-UX LAB (News & Mypage section)

Director for service and mobile UI/UX design of Megastudy

Director for overall UI/UX design of SkyEdu

Junphil Hwang

Head of Frontend

13 years in Development for overall FrontEnd

Development for Frontend of FEELWAY

Development for React of Huobi Korea

Development for personal emoji marketplace utilized META engine

Development for AI-based commerce optimization server distribution solution

Development for virtual society-based Instagram mapping interworking

Jeasun Lee

Head of Service Planning

Director for Mecaverse platform service of UINetworks

Director for service planning of ST Unitas SLG

Director for service planning of Bithumb & Huobi Korea

Director for service planning of NAVER corp. & TMON corp.

Director for service planning of SK Telink platform

Director for service planning of Shinsegae I&C and Shinsegae mall

Wonseok Choi

Head of Strategic Business

21 years in charge of Business Strategy

CMO, Director for New business department of “N” Company

CMO, Director for Marketing department of Bithumb

Director of TMON Marketing and W/G Group

Director for Marketing of Samsungwelstorymall

Director for Marketing of Shinsegae online mall

Director for online Marketing in charge of Lotte.com service renewal

CARMIN

Partners

Investors

Hardware & System

Strategic Alliance

Software Engineering

CARMIN Offices

Irvine, CA, USA

Dubai, UAE

Seoul, Korea

Singapore