Rchain Ico Review

Rchain Ico Review – Scalable Blockchain Applications

About Rchain

Even Goldman Sachs is acknowledging the global scale of climate change. Their cheery notion of how to profit from it might be adorable if it weren’t so misguided. Neil de-Grasse Tyson is not wrong when mentioning on CNN that they don’t have the technology to move Rchain coastal cities inland by 20 miles in the next 20 years, but don’t let this view lull you into thinking climate change is all about sea-level rise. Look no further than the LA fires (such as the current one on the Warner Bros lot). Fires will come with the floods.

Rchain drinking water is also in peril. The major aquifer under India is down to one-quarter of what it was. Due to glacier melt, it will not be refreshed. Think about what this means for farmable land in the region, then extrapolate. Arable land tomorrow will be very different from what it is today. This will have massive impacts on supply chain management.

Lest you get the wrong idea, this document is not all doom and gloom. This document is about hope—the kind of hope that is beyond reason and opens the way for the transformative power of love. Still, everything presented here will be grounded in reason with a sound mathematical basis. In fact, Rchain are going to need both reason and love, head and heart, and maybe even a third force, working in concert to find to way out of the mess they have created for ourselves.

Rchain Key Information

KeyPoints
Token NameRchain
ICO start25th Sep 2017
ICO end10th Oct 2017
Distributed in ICO60%
Average price0.35 USD
CountryUSA
AcceptingETH
Token SymbolBOT
Token TypeERC20
RaisedUnknown
PlatformEthereum
Price in ICO0.3700 USD
WhitepaperClick Here For View Whitepaper
WebsiteClick Here For Visit ICO Homepage

The Game Change Team Behind Rchain

Rchain Ico Review - Scalable Blockchain Applications

Coordination Technology

If Rchain are going to get through the upcoming decades and build a world based not on a sustainable culture, but a regenerative culture, they are going to have to coordinate in a manner that they have never coordinated before in the history of humanity. Fortunately, coordination is Homo sapiens’ superpower. One hairless biped couldn’t stand a chance against a woolly mammoth. By working together in groups early hunters brought them to extinction.

In the modern era, Rchain have amplified to superpower with three major tools: capital, governance, and social telecommunications. Unfortunately, all three of these have become badly in need of a reboot. Capital, whose original purpose is to help take care of each other and the planet, is now stuck in the hands of a few. Regardless of your politics, you must acknowledge that this dramatically reduces the number of coordination models they can explore using capital at a time when we are in need of expanding modes of coordination.

Self-sovereign identity, data privacy, and decentralization

This last point has been a concern of both the market and the public sector alike. The market has responded to the dominance by a few centralized companies of the digital asset management platform capabilities by pursuing key alternatives: self-sovereign identity, data privacy, and decentralization. These pursuits have all converged on the technology known as blockchain.

Blockchain and scalability

Finally, even if it were possible to scale such a virtual machine, this kind of platform, one that enables developers to write programs on the global computer, exposes itself to a massive security risk, namely those very user-defined smart contracts. The core protocol could be delivered from heaven on high, perfect in every way, yet because pesky human developers are writing programs on top of this global computer, they will have errors. The DAO bug, in which $50M was drained from a $150M pool, was a problem in user-level code, not core protocol code.

Rchain fact that these incredibly damaging errors have been relatively sparse is only because no one is building serious applications on Ethereum because it doesn’t scale. In fact, the DAO bug itself was recoverable precisely because Ethereum doesn’t scale. Imagine what would have happened to the network if Ethereum had been running at Visa speeds of 40K transactions per second instead of the 10 transactions/sec it was clocking at the time.

Technology

Rchain threads the needle, offering a no-SQL store, but with a clear query semantics and a clear transactional semantics. It goes beyond this by offering a critical feature necessary to support user-controlled concurrency in queries; the ability to store code and data. In fact, putting code and data on equal footing in the storage layer actually derives from a consistency constraint coming from one of the oldest rules of logic, the law of the excluded middle.

In the last decade the technical communities, especially those involved in big data, have seen a rethinking of storage and retrieval. In particular, a dialectic around the no-SQL alternative to relational data stores has developed. First, a wave of storage systems based on the key-value, together with the map-reduce paradigm emerged. A backlash followed this, levying critiques of the key-value store paradigm in terms of the semantics of both query and transactions.

Governance

If Rchain are talking about a global, economically secured, decentralized compute and data storage network, there are critical questions about how the network is governed that are inescapable. First and foremost, RChain follows nature, quantum mechanics, and the emergent practices of software development in open source projects.

Just as beehives fork when there is a new queen, or the wave function splits in the many worlds interpretation of quantum mechanics, or open source projects branch where there is sufficient technical disagreement, forks are natural. The question is how to relate those forks to each other in such a way that a healthy ecosystem of speciation and integration emerges.

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