RChain icon RChain (RHOC)
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add active $0.03  on  Oct 21, 2019 


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Overview of RChain

Rchain was introduced in 15 November 2017 with Greg Meredith as its founder. The RChain Network uses peer to peer communication, where each node runs the RChain platform and a set of decentralized apps. The RChain is being run on Rho Virtual Machine (RhoVM) Execution Environment, which runs multiple virtual machines where each of them is executing a smart contract. RChain unique feature is that it is multi-threaded. It uses proof of stake system to create new coins. RhoVM is multithreaded. This makes concurrent shards easier to implement since there are no assumptions on synchrony. RChain does not have transaction fees for end-users. RChain has a target of 40,000 – 100,000 transactions per second.

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