RChain RHOC:
The current blockchain platforms are inspirational, but have design problems. They lack formal semantics and as a result they’re slow, they don’t scale, and are unsafe for mission critical applications
RChain is designed to solve these problems. The RChain platform is a transformation in blockchain technology that will empower users on the industry’s first scalable & safe blockchain. Smart contracts are concurrent and formally verified on Rchain, so they’re fast, versatile, and secure.
On RChain, smart contracts are written in RhoLang, which is strongly-typed, concurrent, and correct-by-construction.
Rholang contracts run on the Rho Virtual Machine - a concurrent execution engine. RhoVM allows your applications to achieve unprecedented speed and scalability.
The RChain platform supports multiple blockchains both public and private, even on the same node, and these blockchains can interact securely and predictably. The blockchains are secured by the type of consensus protocol the whole industry has been waiting for -- proof-of-stake.
Because the RChain platform enables more trust on the Internet, it is a revolution. It enables innovators worldwide to create fast, scalable and decentralized solutions including:
New tamper-proof financial platforms; social networks and endless other possibilities where every individual can finally control their own own identity, reputation and data.
RHOC is an interim ERC Token for individuals who want to support the development of The RChain Platform. It will be redeemable at a later date, for the protocol access token. It represents the value that the early adopters give it by supporting the RChain project.
RChain is building a completely scalable blockchain platform from the ground up, based on mathematical principles derived from pi-calculus, as opposed to lambda. The metered network allows for cost identification of use of CPU-power, Storage, Bandwidth. The users pay for those costs and are not confronted with the hidden price of data abuse by central monoliths.
https://github.com/rchain/reference contains very detailed papers regarding the technical innovations
https://www.youtube.com/watch?v=PYabimAXuwo is the latest presentation from RChain leaders Greg, Ed and Navneet at the seattle ethereum meetup that shows the latest overview of the project.
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