Review on RChain by LUIS RIVERO R
Blockchain designed to execute smart contracts quickly and with low fees.
This chain of blocks proposes the execution of smart contracts in its network in the style of ETH, but with the characteristic that is developed under proof of participation. As is well known, all seek to fill the void that the previous network is leaving, which can be costly in transactions.
What it offers in comparison is high scalability with faster and cheaper transactions.
It has a community committed to the development of the network and they generally contribute, taking into account that the modifications are made by consensus.
The main disadvantages are characterized by its little use between applications and that it is an unknown practical chain listed in a couple of exchanges.
In general, this project is in a very demanding area, especially for decentralized economic services, but it is not in a good position since it is difficult to get Dapps to use its services. It is possible to buy a large quantity with little money since its price is currently low, although there is no indication that it will rise since there are not many services or products that run on this network.
ο»Ώ
Pros
- Fast transactions.
- Supports contracts and Dapps executed on the network with lower fees.
- Simple programming language. (for developers)
Cons
- Small market volume.
- Since its launch, the token has lost value.
- There are not many users talking about this project.
