Understand how the cheqd Network compares to Hyperledger Indy.
Compare cheqd's functionality to another identity chain, Hyperledger Indy, using the information and table below:
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
✔️
✔️
Support: Veramo SDK
✔️
❌
Support: Other JSON/JSON-LD SDKs
✔️ (Walt.id, Dock)
❌
On-ledger Schemas
✔️
✔️
Credential Definitions
✔️
✔️
AnonCreds Revocation Registry Definitions
✔️
✔️
AnonCreds Revocation Registry Entries
✔️
✔️
Bitstring Status List
✔️
❌
Trust Registry Definitions
✔️
❌
Trust Registry Entries ("Verifiable Accreditations")
✔️
❌
Other assets (images, docs, policies)
✔️
❌
Payments for Verifiable Credentials
✔️
❌