The latest price of RChain (REV) is $ 0.00382615.
RChain, symbolized as REV, is an innovative blockchain platform that is designed to deliver sophisticated social coordination technologies. It aspires to become the most influential and extensively utilized smart contract platform in the blockchain ecosystem. RChain is unique due to its feature of being the only leaderless blockchain which allows for the safe and atomic concurrent execution of smart contracts, both within and across shards.
The organization behind the RChain blockchain is RChain® Cooperative. While the details of individual team members haven't been provided, it's important to note that RChain Cooperative is a collaborative effort of expert developers, tech enthusiasts, and innovative thinkers who are committed to building a powerful, scalable, and efficient blockchain solution for complex social coordination challenges.
RChain functions through the implementation of its unique Concurrent Byzantine Fault Tolerant consensus algorithm, also known as CBC-Casper proof of stake. This consensus mechanism ensures the network's security and maintains its decentralized nature. Moreover, RChain utilizes its proprietary concurrent programming language, Rholang, to allow for the safe and concurrent execution of smart contracts, thereby enhancing the platform's efficiency and scalability.
What sets RChain apart is its focus on concurrent execution of smart contracts. It is the only leaderless blockchain that offers this functionality, both within and across shards. This gives RChain a significant advantage in terms of scalability and transactional efficiency.
Additionally, RChain uses a unique consensus protocol, the CBC-Casper proof of stake, to improve its fault tolerance and maintain its decentralized paradigm. It also uses a distinct programming language known as Rholang, which enables the robust and secure execution of smart contracts on the platform.
The current circulating supply of RChain (REV) is .
In the past 24 hours, the price of RChain has increased by +0.00%.
The total market capitalization of RChain (REV) is $ , making it rank #1 in the cryptocurrency market.
The 24-hour trading volume of RChain (REV) is 42.0K.
RChain (REV) can currently be bought and sold on the following cryptocurrency exchanges: CoinSpot, Hotbit, BitMart.
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