What is Rchain?
The aim of Rchain is to solve these issues by becoming the transformational link required in the technology that is blockchain. Its uniquely RhoLang written smart contacts are simultaneously and certifiably verified by a compiler which makes it safe, versatile and quick. Contracts written using RhoLang are processed through the Rho Virtual machine, which is a consecutive execution engine that enables applications to record outstanding scalability and velocity. Buy Rchain (RHOC) India – BuyBitcoin.
Benefits of Rchain
RChain’s design has significant advantages over other blockchain competitors:
- Speed- RChain’s architecture should allow it to easily accommodate tens of thousands of transactions per second. RChain plans to launch with the capacity to handle 40,000 transactions per second eventually improving towards its goal of 100,000 transactions per second.
- Tools- The developer tools that will come along with the RChain platform are unmatchable by current market offerings. RChain plans to offer a platform that easily allows developers of different backgrounds and coding languages to easily connect their apps and products to its blockchain.
- RChain Cooperative- The co-op is a public group made up of RChain’s developers, investors, and users. It allows its members to develop and access RChain’s open source blockchain. Creating a community atmosphere, the co-op gives every member the ability to influence the future of the platform.
- Trust– RChain will enable developers worldwide to create safe and tamper proof decentralized solutions that are both scalable and fast.
RChain’s Private Token Sale
RChain had a private token sale that started on August 29th, 2017 and sold out in less than two weeks. It quickly hit its hard cap $15 million.
RHOC tokens first sold at the price of 20 cents per token. The token sale didn’t have a maximum purchase limit. It did, however, have a minimum purchase amount of $50,000.
All RHOC tokens will convert to REV tokens at a 1:1 ratio upon mainnet launch.
Powered by the Rho Virtual Machine and secured by Casper proof-of-stake, RChain could form a network of coordinated and parallel blockchains. A product like that will solve the speed, safety, and scalability issues currently plaguing the blockchain world. This would enable the creation of new business models across a variety of domains: Internet of Things, content monetization (creation, promotion, and consumption), disruptive advertising models and many others.
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However, there will be problems along the way; strong, ever-evolving competition, financial and regulation issues, balancing the needs of every involved party etc. The founders believe they will overcome these road bumps and ultimately create a platform which will become the future of blockchain and decentralized app development. Stick around for the release of Alpha mainnet to get a clearer picture if the RChain team can actually deliver on their promises.
Buy Rchain (RHOC) India
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