Review on RChain by Fanuel PORPORTY
RChain: the future of blockchain and decentralized application development.
Current blockchain platforms have inspired a new decentralized world, but their designs are riddled with scalability, speed, and security concerns. These underlying architectural flaws will ultimately hamper the success and adoption of existing blockchain platforms. Recognizing these pressing issues, the RChain team met in 2016 to build a better blockchain architecture. RChain's design has significant advantages over other blockchain competitors
Pros
- Speed: The architecture of the RChain chain should allow it to easily process tens of thousands of transactions per second. RChain plans to launch a chain capable of processing 40,000 transactions per second, which will allow it to reach its goal of 100,000 transactions per second.
- RChain offers a platform that allows developers from different horizons and programming languages to easily connect their applications and products to its blockchain.
- The cooperative is a public group made up of developers, investors and users of RChain. It allows its members to develop and access the open source blockchain of RChain. By creating a community atmosphere, the cooperative gives each member the opportunity to influence the future of the platform.
- RChain will allow developers around the world to create secure and tamper-proof decentralized solutions that are both scalable and fast.
Cons
- The non-technical team is quite controversial among the cryptocurrency community;
- Uncertainty over the benefits of concurrency.
- Very strong competition
