ENTERPRISE
PROFILE

Domino LLC was founded in July 2021 by a group of senior software engineers and financial experts and is committed to create best in breed blockchain infrastructure for financial and business applications. All engineers have at least 15 years of software development experience in developing high performance software systems.

Jack Ding has more than 20 years of research and development experience in distributed system design and have developed high-frequency monitoring systems for NASDAQ stock market. Senior engineers in the team have many years of experience in blockchain development.

Domino project is a massively scalable blockchain to solve the pain points of the existing public blockchain such as slow transaction speed, high mining fees and limited adoptions. Domino blockchain solves the problem of global payments without a trust third party with fast transaction speed, low transaction fee and fiat conversions. Its consensus mechanism does not require high energy consumption, and uses scientific and innovative algorithms to allow everyone to participate.

PROJECT
 
PROJECT
PROJECT

Domino is a massively scalable blockchain that is decentralized, permissionless and censorship-resistant without compromising security. Prototype shows that it can sustain 100,000 transactions per second with a block time of 0.2 seconds. The scalability is achieved without relying on any layer 2 solutions. Domino would be partnering with other projects to leverage the super fast blockchain to build an ecosystem including a global peer-to-peer payment system, DeFi, and other business applications.

It is hard to scale blockchain due to the nature of decentralization. It is widely recognized blockchain technology faces the trilemma of scalability, security and decentralization. Developers are forced to make trade-offs that prevent them from achieving all three. Bitcoin network process about 5 transactions per second (TPS), Ethereum processes 15 TPS, Ripple and Stellar Lumens can achieve 1000-3000 TPS. Visa network can process 25,000 TPS.

One main reason that blockchain can not scale is because transactions are received in different orders by different node. It is hard for nodes to agree on the order of the transactions. Bitcoin and Ethereum forces mining nodes to use a lot of electricity to find solution to a hard puzzle, and whoever solves the puzzle first gets to decide on the order of the transactions and create the next block in the blockchain. There have been a lot of work being done to create the most efficient consensus algorithm to increase transaction throughput. Some projects can achieve a few thousands TPS by tweaking consensus. But what if we can solve the problem of transaction ordering by cryptography or other methods such that the we don’t have to rely on consensus to order transactions? Block time can be greatly reduced and throughput can increase by a lot.

We use the following approaches to solve the seemingly insolvable trilemma and create a blockchain that is scalable, secure and decentralized.

  1. Create a cryptographic global clock to order transactions using Proof of History (originally proposed by Solana network).
  2. Use a hybrid consensus mechanism to separate block production from validation to enhance throughput. Block production uses cryptographic leader rotation algorithm to reduce block time to 200 ms. Block validation uses GRANDPA (GHOST-based Recursive ANcestor Deriving Prefix Agreement) that is based on Practical Byzantine Fault Tolerance (PBFT) and Proof of Stake (PoS). GRANDPA is proposed by a research paper and used by Polkadot.
  3. Introduce a new decentralized firewall consists of mobile devices and laptops worldwide to endorse transactions before they are sent to the network and surveillance block production and validation. Any device can join the network to perform these functions and get rewarded. Endorsement of transactions is done by sampling random nodes and get enough stake to cover the transaction amount. This process reduces erroneous transactions before they are published to the network. There can be unlimited amount of nodes that perform this function (we call these surveillance nodes or decentralized firewall). Block production and validation is performed by a separate set of high bandwidth and commercial grade servers (we call these core nodes). Surveillance nodes are only involved with surveillance of the blockchain and endorsement of transactions. They do not produce blocks. By separating blockchain surveillance from block production/validation we enable unlimited decentralization, wide participation, enhanced security and surveillance. Any mobile device or computer can join the network with no permission and no restriction to hardware capability.
  4. Introduce a new consensus algorithm (Domino) that can quickly identify fraudulent nodes using a large number of surveillance nodes.
  5. Use event-driven architecture to decouple block production, validation and surveillance to further increase throughput.
TEAM
TEAM
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Eddie ThomasCBO
Before joining Domino, Mr. Thomas executed as Chief Blockchain Officer of Favor Exchange and CTO of Saigan Technologies. He as over 7 years of experience designing and developing blockchain solutions and over 20 years of experience in enterprise software development. Mr. Thomas is a recognized technology leader in the blockchain space.
Eddie ThomasCBO
Before joining Domino, Mr. Thomas executed as Chief Blockchain Officer of Favor Exchange and CTO of Saigan Technologies. He as over 7 years of experience designing and developing blockchain solutions and over 20 years of experience in enterprise software development. Mr. Thomas is a recognized technology leader in the blockchain space.
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Matthew CzarnekChief Architect
Senior developer with 20 years of experience and entrepreneur. Creator of a Proof of person Cryptocurrency, and a new programming language made to easier to write code fast and high performance.
Matthew CzarnekChief Architect
Senior developer with 20 years of experience and entrepreneur. Creator of a Proof of person Cryptocurrency, and a new programming language made to easier to write code fast and high performance.
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Jack DingCTO
Dr. Jack Ding has 23 years of experience designing high performance distributed software solutions including Nasdaq market real time surveillance system and webMethods B2B integration middleware, and SOA security architecture for the World Bank. He has a Ph.D. from Dartmouth College.
Jack DingCTO
Dr. Jack Ding has 23 years of experience designing high performance distributed software solutions including Nasdaq market real time surveillance system and webMethods B2B integration middleware, and SOA security architecture for the World Bank. He has a Ph.D. from Dartmouth College.
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Bryan HauptCMO
Bryan was CEO and Founder of Crypto Marketing before he joined Domino Chain. Bryan specialized in marketing crypto projects since 2018 and help many projects including Litecoin Foundation.
Bryan HauptCMO
Bryan was CEO and Founder of Crypto Marketing before he joined Domino Chain. Bryan specialized in marketing crypto projects since 2018 and help many projects including Litecoin Foundation.
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Jhanina Santiago
Jhanina was a senior analyst of cyber defense and remediation at Capital One. She graduated with a BS degree in Computer Studies from University of Maryland.
Jhanina Santiago
Jhanina was a senior analyst of cyber defense and remediation at Capital One. She graduated with a BS degree in Computer Studies from University of Maryland.
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Nino Rey MedinaDeveloper
Senior full stack web/mobile developer with over 11 years of work experience. Specialize in React, JavaScript and Python.
Nino Rey MedinaDeveloper
Senior full stack web/mobile developer with over 11 years of work experience. Specialize in React, JavaScript and Python.
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Adam AchebeDeveloper
Adam is a full stack developer with years of experience building production-ready applications. He is driven to promote decentralized finance as a realistic alternative to traditional financial services. Adam has earned praise for his innovative approaches to delivering blockchain-based services.
Adam AchebeDeveloper
Adam is a full stack developer with years of experience building production-ready applications. He is driven to promote decentralized finance as a realistic alternative to traditional financial services. Adam has earned praise for his innovative approaches to delivering blockchain-based services.
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Travis L OrbackDeveloper
Ethereum Solidity developer, Full-stack web developer, and Entrepreneur.
Travis L OrbackDeveloper
Ethereum Solidity developer, Full-stack web developer, and Entrepreneur.
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Felix Josh WangDeveloper
A seasoned software engineer who loves building web (React / Node) & mobile (React-Native / Swift / Kotlin) applications. With 10 years of professional work experience, I am a strong engineering professional with a Bachelor of Computer Programming focused on Computer Science from The Hong Kong University of Science and Technology.
Felix Josh WangDeveloper
A seasoned software engineer who loves building web (React / Node) & mobile (React-Native / Swift / Kotlin) applications. With 10 years of professional work experience, I am a strong engineering professional with a Bachelor of Computer Programming focused on Computer Science from The Hong Kong University of Science and Technology.
ADVISOR
ADVISOR
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Daniel GoldmanADVISOR
Daniel has co-founded several successful multimillion-dollar digital companies over the past several years ranging in everything from media to ad tech to digital advertising. Prior to that – he was a Vice President for a 40 billion company. Daniel recently co-founded Unbanked which provides a set of crypto banking services including crypto debit card, fiat onramp, and crypto integrated checking account. Unbanked created a ultra speed blockchain for enterprise use that can achieve 1 million TPS.
Daniel GoldmanADVISOR
Daniel has co-founded several successful multimillion-dollar digital companies over the past several years ranging in everything from media to ad tech to digital advertising. Prior to that – he was a Vice President for a 40 billion company. Daniel recently co-founded Unbanked which provides a set of crypto banking services including crypto debit card, fiat onramp, and crypto integrated checking account. Unbanked created a ultra speed blockchain for enterprise use that can achieve 1 million TPS.
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Lance CottrellADVISOR
Board member of the North Bay Angels (NBA) which is the oldest and largest angel investment group north of the Golden Gate in San Francisco. Chief Scientist for Ntrepid Corporation. Founder and President of Anonymizer Inc., the world's first commercial internet privacy company
Lance CottrellADVISOR
Board member of the North Bay Angels (NBA) which is the oldest and largest angel investment group north of the Golden Gate in San Francisco. Chief Scientist for Ntrepid Corporation. Founder and President of Anonymizer Inc., the world's first commercial internet privacy company
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Shelley XuADVISOR
Ms Xu is a recognized expert of blockchain and big data. She is currently Chief Operating Officer of LightCash and Vice President of International Applied Technology Research Institute. Ms Xu worked at the World Bank for 31 years and is an internationally recognized financial technology expert.
Shelley XuADVISOR
Ms Xu is a recognized expert of blockchain and big data. She is currently Chief Operating Officer of LightCash and Vice President of International Applied Technology Research Institute. Ms Xu worked at the World Bank for 31 years and is an internationally recognized financial technology expert.
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