🌟 [ANN][REAP] ReapChain - Secure and Transparent Blockchain-Based IoT Ecosystem

[Allxxyeo]

Is there is any lock up period for tokens which will be allocated to the founders and team? 7% is still pretty big amount as for me and it can has influence on token

Sure, 15% of the tokens allocated for founders and team will be released after 12 months, 25% after 24 months, and the rest after 36 months

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[Digital_Seung]

Fundamental Design Objectives of ReapChain

ReapChain proposes improved ways for the blockchain ecosystem with objectives shown in the following section to innovatively solve various problems associated with existing blockchain platforms.



https://medium.com/reapchain/fundamental-design-objectives-of-reapchain-86f6162f9c4d

[PoluJvy]

I saw some news about ReapChain testnet which was about a month ago I think, so when does the ReapChain mainnet start?

It should be moving from the testnet to the mainnet in the first quarter of 2021, and the mainnet should be officially opened in the third quarter of 2021

[helenfast69]

Hey guys check this out, ReapChain (REAP) vs Bitcoin (BTC) - Crypto Price Compare

https://exwhere.com/compare/reap-btc/jan-01-2021-to-jan-31-2021

[kurchuney]

Found this in twitter from Daniela Garcia - https://twitter.com/ExwhereAngel3/status/1358968872452448262

[meetAm]

Solutions for Trilemma

The three dilemmas of blockchain namely Blockchain Trilemma are scalability, security, and decentralization



https://medium.com/reapchain/solutions-for-trilemma-61ace7d717cc

[cryelekea]

How much safer is this system on average than the analogues available on the market? I was very interested in this system. If the security of data processing is not inferior to its analogues, then I will use this service

ReapChain implements the integration of blockchain and IoT industry by resolving the security and mass data processing problems of the existing IoT market through PID of things and distributed storage service of ReapMiddleChain

[veivodea]

So ReapChain trying to solve some security problems of the existing IoT market through PID, what is this PID?

PID - Private ID of Things, implemented by ReapChain to generate unique ID (Private Key), and utilizes Invisible ID technology and Mutual verification technology to enhance security

[klavaWith]

So distributed storage service of ReapMiddleChain also helping in security and mass data processing problems. And what is it like?

Basically ReapMiddleChain enables distributed processing of time-series data generated at short intervals of milliseconds that have been difficult to process in the existing blockchain.

[Digital_Seung]

Trilemma Aspects

Scalability, Decentralization and Security Aspects



https://medium.com/reapchain/trilemma-aspects-75181c3126a4

[konstalyant]

I have long wanted to know who acts as a guarantor in such operations and whether there have been attempts to interfere from outside in the operation of the system or cause damage to it? And the main point is, at what stage is the implementation of the roadmap now

As I know PID of Things provides security for devices in ReapChain. PID of things is implemented with invisible ID technology that hide unique ID from unauthorized users, and mutual  verification technology that enables only transmitters with double confirmation by ReapChain to communicate with IoT devices.

[helenfast69]

Introduction of Quantum Random Number Selection Mechanism



https://medium.com/reapchain/introduction-of-quantum-random-number-selection-mechanism-c1e11c55757d

[kurchuney]

interesting interview here - "Actively developing “Mainnet”, the core blockchain technology"



https://medium.com/reapchain/actively-developing-mainnet-the-core-blockchain-technology-a35312021c7d

[meetAm]

Introduction of PoDC (Proof of Double Committee) Consensus Algorithm

ReapChain operates standing committee nodes and steering committee nodes to balance between the internal and external nodes and forms a double committee to conduct the consensus process.



https://medium.com/reapchain/introduction-of-podc-proof-of-double-committee-consensus-algorithm-87793054d624

[Digital_Seung]

Reap PAY, digital traditional market platform “Jangboda”



https://medium.com/reapchain/reap-pay-digital-traditional-market-platform-jangboda-da79e22408bc

[zakavtac]

I have a technical question, can I remove access to MCU-based IoT applications developed through the Reap SDK?

[cawinforn]

Can you tell me please is there a reusable MCU, such as a tag with Reap SDK attached if there is a purpose to use device again?

[helenfast69]

Selection of Coordinator and Executive Committee



https://medium.com/reapchain/selection-of-coordinator-and-executive-committee-fc1b22b8a37f

[kurchuney]

Can you tell me please is there a reusable MCU, such as a tag with Reap SDK attached if there is a purpose to use device again?

I think if you delete all software installed in the Reap SDK and get a new unique ID from ReapChain, you can reuse the device.

[meetAm]

Stability of Selection Mechanism by Qmanager



https://medium.com/reapchain/stability-of-selection-mechanism-by-qmanager-d0588457aec7