RChain RHOC

$1.19
Market Cap $ 427.392 MM
24h Volume $ 489.153 K
Chg. 24h: 1.34%
Algo. score 3.7/5  (#76)
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RChain project purpose and description

RChain clarity of purpose

RChain purpose and aspects

Current blockchains do have their limits wiith scalability and speed. RChain solves these issues by providing a faster blockchain written in Rholang and easily scalable, to enable fast deployment of smart contracts and more.

RChain additional differentiation against competition

While it is currently based on the Ethereum blockchain, the RHOC tokens will be converted on a 1:1 basis when the RChain blockchain goes live

Short description

The RChain Cooperative and its partners are building a public, Sybil-resistant, and censorship-resistant computing utility. This is an open source project. It will be a blockchain-based platform for specifying, verifying, building, and running decentralized protocols (“smart contracts”) that form the base for decentralized applications. On top of this technology platform, a broad array of solutions can be built, including financial services, monetized content delivery networks, marketplaces, governance solutions, DAOs, and RChain’s own flagship decentralized social platform.

Abstract

The RChain Platform Architecture description provides a high-level blueprint of the RChain decentralized, economically sustainable public compute infrastructure. While the RChain design is inspired by that of earlier blockchains, it also realizes decades of research across the fields of concurrent and distributed computation, mathematics, and programming language design. The platform includes a modular, end-to-end design that commits to correct-by-construction software and industrial extensibility.

Link to Roadmap: https://rchain.atlassian.net/wiki/spaces/CORE/pages/105709609/The+Flight+to+Mercury
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