The reality is that a single blockchain ledger cannot hold all of the world’s data and still be fully decentralized. This is not the case today in terms of everyone using a single chain for all use-cases and will not be the case in the future. Trillions of data-points and terabytes of data per second is not a feasible or reliable solution to the general consumer.

Even right now, there are different kinds of blockchain frameworks that are all serving a different purpose and possible use-case; no single blockchain has been able to demonstrate a significant amount of transactions per second in any industry.

Ternio created Lexicon - the only scalable blockchain verified by a 3rd party - to be able to meet the needs of any possible scenario or use-case. It will allow for a totally decentralized, simple to setup blockchain flexible enough to be used across a wide variety of industries and use-cases based on their needs.

Example of scenarios:

• - Advertising: High transaction rate, large data sets
• - Credit/Debit transactions: High transaction rate, small data sets
• - Government: Low transaction rate, large data sets
• - Insurance: Low transaction rates, small data sets

Lexicon is not open-source; it is a proprietary blockchain built by Ternio. Lexicon’s architecture and schematics will be found on patent applications submitted to various governmental bodies. This is partly why we had a 3rd party verification report issued as confirmation of our architecture and transaction rate capability.

Yes, absolutely! Lexicon has the flexibility to be able to run within both a permissioned and open environment based on the use-case while still holding to a completely decentralized state for both large and small companies alike. By having a flexible core, the creator is able to state the environment and node configuration of their blockchain for their use-case.

One way to understand Lexicon is to understand a modern Coca-Cola machine. The user has the ability to select which flavors they would like to select in any number of potential variations; a person could choose to mix cherry coke, regular coke, and vanilla coke together. And this sort of customizable environment is how Lexicon functions. We have built out a high transaction, low latency blockchain that can be easily configured to meet any industry’s need.

Our first use case will be in the digital advertising space which requires millions of transactions per second. This initial use-case will a permissioned enterprise, B2B environment between a multitude of corporations. However, as we expand into new areas - Lexicon has the capability to enable the general public to run nodes.

We will be live soon with our initial use-case in the highest transaction environment possible: programmatic digital advertising which runs millions of transactions per second.

We built upon a custom asynchronous BFT (Byzantine Fault Tolerance) algorithm.

Peer-to-peer transactions are just that - P2P where trades run between consumers and are then pushed to a public chain at a later time. Lexicon is different because every single transaction runs on chain with minimal latency. Our goal is provide availability of decentralization, transparency, and immutability in every industry around the world. With Lexicon - we believe that is possible.

Lexicon was originally a fork off of Hyperledger Fabric that has then been built into our own blockchain. Lexicon handles extremely high transactions rates with relatively low latency. The Ternio framework is a combination of Lexicon Blockchain (data protocol) and Stellar Blockchain (payment protocol). In regards to our consensus algorithm, we built upon the BFT (Byzantine Fault Tolerance) algorithm. Ternio looks forward to sharing more detailed information once our patents have been formalized.