Rchain

Rchain

Created using Figma
Created using Figma
A multilayer tech stack featuring a new Turing complete smart contract programming language
Risk: High
Apr 4, 2017
Apr 15, 2017
100% completed
Raised funds - no Data
past
Token Details
Ticker
RHOC
Company Details
Registered Country
USA

About Rchain

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.

The decentralization movement is ambitious and will spawn solutions that provide awesome opportunities for new social and economic interactions. Decentralization also provides a counter-balance to abuses and corruption that occasionally occur in some organizations where power is concentrated, including large corporations and governments. Decentralization supports self-determination and the rights of individuals to self-organize. Of course, the realities of a more decentralized world will also have its challenges and issues, such as how the needs of international law, public good, and compassion will be honored.

We admire and respect the awesome innovation and intentions of the Bitcoin and Ethereum creators, and other plat- forms that dramatically advanced the state of decentralized systems and ushered in this new age of cryptocurrency and smart contracts. However, we also see symptoms that those projects didn’t use the best engineering and mathematical models for scaling and correctness in order to support mission-critical solutions. The ongoing debates about Bitcoin scaling and the June 2016 issues with The DAO smart contract are symptomatic of foundational architectural issues. As an example question: Is it scalable to insist on an explicit serialization order for all transactions conducted on planet earth?

RChain’s requirements, originating from RChain’s decentralized social product and its attention & reputation econ- omy, are to provide content delivery at the scale of Facebook along with support for transaction volume and speed at the scale of Visa. After due diligence on the current state of many blockchain projects, after deep collaboration with Ethereum developers, and after understanding their respective roadmaps, the RChain leadership concluded that the current and near-term Blockchain architectures cannot meet these requirements. Therefore, RChain and partners resolved to build a better blockchain architecture. Together with the blockchain industry, we are still at the dawn of this decentralized movement, and it is now the time to lay in a more correct architectural foundation.

The journey ahead for those who share this ambitious vision is as challenging as it is worthwhile, and this document summarizes that vision and how we seek to accomplish it. We compare the blockchains of Bitcoin and Ethereum, outline the RChain architecture, rationale for its creation, and pointers to initial specifications.

Activity

Status:
Hero Member
VERY HIGH
Activity:
728
VERY HIGH
Merit:
500
VERY HIGH
Posts:
588
HIGH
Views:
42 469
VERY HIGH
Posts:
609
VERY HIGH
Followers:
480
VERY LOW
Likes:
397
VERY LOW
Followers:
10 518
VERY HIGH
Tweets:
1 738
VERY HIGH
Alexa
Rank:
384 230
LOW
Delta:
99 435
Year commits:
4 324
Watchers:
339
Stars:
653
Forks:
275
Open issues:
203

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Greg Meredith
President of The RChain Cooperative
unverified
Kenny Rowe
Chief Operating Officer
unverified
Evan Jensen
Secretary of The RChain Cooperative
unverified
Aleksandr Bulkin
Co-Founder and Managing Partner at CoinFund LLC
unverified
Ian Bloom
Open-source, linux, and DAO enthusiast
unverified
David Currin
unverified
Vlad Zamfir
unverified
Hendrick Hillbolling
unverified

Last News

$ 0.3473
-6.89%
Coin Stats
Daily, %:
-6.89%
Weekly, %:
-30.35%
Monthly, %:
-49.81%
Market Info
Market Cap:
$ 125.64 M
Volume 24h:
$ 1.25 M
Circ. Supply:
361.75 M RHOC
Ticker:
RHOC

2.70

risky
5.0 13
ICO Profile Vision Activity Potential Product Team
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