Comparison to Hyperledger Indy

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

Functionality
cheqd
Hyperledger 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

âœ”ī¸

❌

JSON-LD Verifiable Credentials

âœ”ī¸

❌

SD-JWT

âœ”ī¸

❌

JSON-LD BBS+ signatures

⌛(roadmap)

❌

AnonCreds (ZKP-CL)

âœ”ī¸

âœ”ī¸

DID method

did:cheqd

did:indy

DID Core compliant DIDDocs

âœ”ī¸

âœ”ī¸

Resolve DID with DID resolver

âœ”ī¸

âœ”ī¸

Dereference DID URL

âœ”ī¸

âœ”ī¸

Multiple DID Controllers per DIDDoc

âœ”ī¸

❌

Verification relationships with specific keys for a particular verification purpose

âœ”ī¸

❌

Support Aries Framework JavaScript

âœ”ī¸

âœ”ī¸

Support: ACA-Py

âœ”ī¸

âœ”ī¸

Support: Veramo SDK

âœ”ī¸

❌

Support: Other JSON/JSON-LD SDKs

âœ”ī¸ (Walt.id, Dock)

❌

On-ledger Schemas

âœ”ī¸

âœ”ī¸

Credential Definitions

âœ”ī¸

âœ”ī¸

AnonCreds Revocation Registry Definitions

âœ”ī¸

âœ”ī¸

AnonCreds Revocation Registry Entries

âœ”ī¸

âœ”ī¸

Bitstring Status List

âœ”ī¸

❌

Trust Registry Definitions

âœ”ī¸

❌

Trust Registry Entries ("Verifiable Accreditations")

âœ”ī¸

❌

Other assets (images, docs, policies)

âœ”ī¸

❌

Payments for Verifiable Credentials

âœ”ī¸

❌

Last updated

Was this helpful?