[Telegram group:https://t.me/RaicoinOfficial]

Telegram group:https://t.me/RaicoinOfficial

2021-03-15:
     1. Node and PC wallet V1.5 has been released;
     2. Welcome to run rai nodes and mine free RAI.
 

github repositories: https://github.com/RaicoinCommunity
Website: https://www.raicoin.org
Whitepaper: https://github.com/raicoincommunity/Raicoin/wiki/Whitepaper-V1.0
Exchange: https://atomars.com/trading/RAIUSDT

                
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Raicoin(RAI):  A Revolutionary Blockchain for Real Life & Daily Use

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1. What is Raicoin?

Raicoin is a next generation public blockchain designed for real life and daily use. it's a multi-chain system with high performance, low latency, fully decentralized and easily extendable.

2. Unique/Key Features

(1) Confirm In 1 Second

• We designed a novel Distributed Confirmation System for Raicoin. Ensure that all transactions can be confirmed within 1 second even when high network load.

 

(2) Super High Performance

• The performance on high end hardware (64 cores CPU/RAM Disk/10Gbps Network) is about 300K TPS.
• Even on cheap VPS (such as $6/month vultr.com VPS) the performance can be 2K+ TPS.

 

(3) All Nodes Are Created Equal

• Raicoin aims to be a well decentralized system.
• So there are NO master node, NO super representative, NO block producer...
• All representatives can earn staking reward, no matter how many coins you have, you can run a node to earn all the reward generated by your coin.

   

(4) Pay Once Fee For Life

• Raicoin introduces a Credit Secure System, accounts need to spend little amount coin to get credits from the network, than allowed to do (20 x credits) transactions every day.
• Transactions from accounts with high remaining percentage of allowed transactions will be processed first when the network is busy.

 

(5) Fullmesh Network & Bandwidth Saving

• We designed a fullmesh network layer for Raicoin's Distributed Confirmation System.
• It will save up to 90% bandwidth cost than typical block lattice network.
• The fullmesh network is also used for fair proven airdrop.

 

(6) Programmable

• More than 50% of the block content can be programed by the upper layer services and third party apps.
• By this feature, we can easily add new features (such as RAI20 token&swap) for the project.
• The system is also suitable for running various third-party apps (such as coin mixer, p2p instant message, fair proven lottery...).

 

3.Account Types

• There are three kinds of accounts: Transaction, Airdrop, Representative.
• Transaction accounts are generated in wallet for normal use, these accounts are allowed to Send, Receive, Change Representative, Increase Credit.
• Airdrop accounts are genesis account and used to fulfill airdrop, these accounts are allowed to Receive, Change Representative, Destroy Self, the coins in airdrop accounts can't be spent.
• Representative accounts are running on nodes, equivalent to node accounts.

 
  

4.Distribution

• All coins except those in airdrop accounts are generated by node reward.
• How node reward works:
      The reward is transaction driven, that is any new block created by Airdrop accounts or Transaction accounts will allow their Representative node account to create a reward block with average 24 hours delay.
• Max new generated coins of each year:
      1st year: 40M,
      2nd year: 30M,
      3rd year: 20M,
      4th year: 10M, from 5th year: about 5% coins.