Description
RChain is a decentralized blockchain platform aiming for high scalability and efficiency by solving prevalent limitations in existing blockchain systems. It introduces the RhoVM, a concurrent execution model enabling the parallel execution of smart contracts, which drastically improves the platform's throughput and scalability. RChain stands out through its cooperative, member-driven approach, prioritizing collective decision-making and equitable involvement in its evolution, fostering an innovative and collaborative environment. The platform is built with a strong emphasis on sustainability, using a proof-of-stake consensus mechanism to minimize its environmental impact, resonating with the current demand for eco-friendly technology solutions. RChain's architecture supports the development of scalable, efficient dApps capable of handling global transactions and data management across various sectors. It also features a fully decentralized communication and storage utility, leveraging proof of stake (Casper) for maintaining state, and is designed to facilitate transparent, secure transactions at an ultra-fast pace on a global scale. Its governance model and economic sustainabil...
RChain is a decentralized blockchain platform aiming for high scalability and efficiency by solving prevalent limitations in existing blockchain systems. It introduces the RhoVM, a concurrent execution model enabling the parallel execution of smart contracts, which drastically improves the platform's throughput and scalability. RChain stands out through its cooperative, member-driven approach, prioritizing collective decision-making and equitable involvement in its evolution, fostering an innovative and collaborative environment. The platform is built with a strong emphasis on sustainability, using a proof-of-stake consensus mechanism to minimize its environmental impact, resonating with the current demand for eco-friendly technology solutions. RChain's architecture supports the development of scalable, efficient dApps capable of handling global transactions and data management across various sectors. It also features a fully decentralized communication and storage utility, leveraging proof of stake (Casper) for maintaining state, and is designed to facilitate transparent, secure transactions at an ultra-fast pace on a global scale. Its governance model and economic sustainabil...