Comparison to Hyperledger Indy

Compare cheqd's functionality to another identity chain, Hyperledger Indy, using the information and table below:

FunctionalitycheqdHyperledger Indy

Transactions per second

>5,000

4

Maximum number of nodes

~125

~25

Active nodes

~55

~17

Transactions per block

>100

1

Node operator rewards

Block rewards paid in CHEQ

None

Governance mechanism

Delegated proof of stake (dPoS) via CHEQ token

Centralized via trustee vote

Governance Transparency

Public permissionless via Governance dashboard

Permissioned via trustee vote

Governance Framework

On-ledger Governance Framework via DID URL

Off-ledger Governance Framework

JSON based JWT Verifiable Credentials

✔️

JSON-LD Verifiable Credentials

✔️

SD-JWT

✔️

JSON-LD BBS+ signatures

⌛(roadmap)

AnonCreds (ZKP-CL)

✔️

✔️

DID method

did:cheqd

did:indy

DID Core compliant DIDDocs

✔️

✔️

Resolve DID with DID resolver

✔️

✔️

Dereference DID URL

✔️

✔️

Multiple DID Controllers per DIDDoc

✔️

Verification relationships with specific keys for a particular verification purpose

✔️

Support Aries Framework JavaScript

✔️

✔️

Support: ACA-Py

⌛(roadmap)

✔️

Support: Veramo SDK

✔️

Support: Other JSON/JSON-LD SDKs

✔️ (Walt.id)

On-ledger Schemas

✔️

✔️

Credential Definitions

✔️

✔️

AnonCreds Revocation Registry Definitions

✔️

✔️

AnonCreds Revocation Registry Entries

✔️

✔️

Status List 2021

✔️

Trust Registry Definitions

✔️

Trust Registry Entries ("Verifiable Accreditations")

✔️

Other assets (images, docs, policies)

✔️

Payments for Verifiable Credentials

✔️

Last updated