RChain (REV)

RChain (REV) is a cryptocurrency operating on the RChain (Rho) platform. Founded in 2017, the project was born from the cooperation of Cryptocoin Research & Development Center (CRDCR) and the RChain Cooperative. The goal of the technology is to increase the scalability of multiple applications, allowing users to deploy decentralized applications, as well as allowing developers to build and manage networks of distributed ledgers. RChain is based on an open-source blockchain platform that supports smart contracts and distributed applications. It is being built with a unique consensus protocol, named Casper, which is based on game theory. The platform plans to provide a “safe haven” for developers and users to build, deploy, and use distributed applications. It also features a transaction speed of up to 1000 times faster than Bitcoin and Ethereum, making it well-suited for applications that require a high throughput of transactions. What makes RChain unique is its novel consensus protocol, Casper. This protocol relies on “proof of stake” technology that rewards users for locking up their tokens for a period of time. This “staking” of coins is not only used to secure the blockchain, but it also incentivizes users to behave honestly, thus keeping the network secure. The RChain token, REV, is used to incentivize and reward users who act according to the protocol. The token can also be used for payments and it will be the platform’s main currency. The token is currently undergoing a gradual distribution process, and can be purchased, sold, or exchanged on a variety of cryptocurrency exchanges and platforms, including Binance and Changelly. In conclusion, RChain is a promising cryptocurrency that is innovating on blockchain protocols and paving the way for more complex applications. Its advanced consensus protocol, coupled with convenience features, makes it an attractive platform for developers and users alike. For those looking to use and to invest in RChain, it can be bought and sold on some of the top exchanges and platforms.