Cryptocurrency Markets, Actual Rates and Cryptocurrency Charts

RChain RHOC

-10.03
0,403887 USD
0,000064 BTC
Market Cap
146 209 560 USD
23 087 BTC
Volume (24h)
161 565 USD
26 BTC
Circulating Supply
362 005 909 RHOC
Max Supply
870 663 574 RHOC

RChain in Quest of Better Blockchain Technology

In 2016 RChain team took on a quest to find a solution to most common blockchain problems such as scalability, the speed of transactions and security issues. They came up with a blockchain design that would be capable of running up to 100K operations per second, have a decentralized cooperative development of the system, and provide developers with a variety of tools.

RChain Rho Virtual Machine and Other Innovations

The central stage of RChain’s blockchain system will take the Rho Virtual Machine Execution Environment that would be able to run multiple virtual machines simultaneously. All smart contracts on the system will be written in reflective higher order language Rholang. Namespace technology will be used to communicate resource location on the blockchain.

RChain Private Token

RChain had a private token sale in 2017 that gathered 15 million USD for the project development. The token, ticker symbol RHOC, was sold for 0.2 USD per token and cost ten times more after half a year.

RChain’s first governance forum took place in Seattle, Washington in February 2018. The team plans to conduct an ICO late in 2018, but the date and other details have not been confirmed yet.

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