RChain Price today
RChain, also known as RHOC, has a price today of 0,72$ and a market capitalization of 625.538.560$, which is 0,23% of the total. RChain has a total of 870.663.552 coins in circulation.
In the last 24 hours, the price of RChain has decreased -0,13$, which is -15,41% of its valuation.
What is RChain?
Current blockchain technologies have inspired the new world but all want it to be smarter, faster, and more scalable and secure technology. RChain is the solution people have been waiting for so long.
The existing blockchain technologies have some flaws in their architecture. To solve these issues in 2016 a new team came with a new cryptocurrency called RChain with a better blockchain technology.
Till now, Bitcoin and Ethereum transactions have been the best cryptocurrencies. But still, Bitcoin’s and Ethereum’s throughput is not fast enough. The new cryptocurrency RChain is going to take away the spotlight from both of them being a better and faster technology.
A software engineer and mathematician, Greg Meredith, is the main brain of RChain technology. RChain is going to provide a huge amount of transactions in a very short time. Its main goal is to be the fastest ever cryptocurrency.
The RChain team is working on its scalability and faster speed with less complexity from the very beginning. They are making RChain be capable of carrying and moving multiple blockchains, both private and public, even on the same node. It will bring an entirely new level of compatibility among different blockchains.
- RChain’s target is to allow the accommodation of tens d thousands of transactions per second.
- It has verified smart contracts.
- The developers of RChain use unmatchable tools for its platform in the current market offerings.
- It can support multiple blockchains on a single node.
- It uses Proof-of-stake consensus protocol.
A branch of mathematics called mobile process calculi is behind the RChain’s architecture. It maximizes the scalability of its platform. This platform can support both private and public blockchains on the same node. Proof of Stake consensus protocol is used to secure the blockchains. RChain node includes the Rho Virtual Machine, the Java Virtual Machine, and the P2P network.Visit website open_in_new
|Price in BTC||0.00011807 BTC|
|Current Supply||870.663.552 RHOC|
|Total Supply||1.000.000.000 RHOC|
|24h Volume (coin)||0 RHOC|
|24h Volume (currency)||$0|
|Last updated||2018-06-23 08:47:42 +01:00 BST|
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