RRChain is a vertical public chain that proposes revolutionary technology solutions for competitive governance.
RRNC project will build a blockchain-based decentralized computing network that collects and makes the most use of the unused computing power of personal computers and smart terminals. Establishing public chains(RRChain) and issuing RRCoin to collect idle computing power of global personal terminals (computers, mobile phones) by providing users with easy-to-use mining tools, which allow users to mine through browsers, clients, and etc. and get RRCoin easily.
By using RRCoin as leverage to create the consumption circulation environment, different scenes of consumption, such as video sites, news, e-commerce and etc. can be integrated into our economic system, thus facilitating people using RRCoin to consume.Once global distributed computing network is constructed by gathering residual computing power of personal terminals, those power can be used to perform commercial computing tasks, which brings new commerical value to RRNC economic system.
The current global computing market is monopolized by giants such as Amazon, Google, Microsoft, and Baidu, Alibaba, Tencent (normally referred as “BAT” in China). Subject to closed networks, external payment systems, and rigid operating models, now the computing market is an extremely centralized market. Those giants use their market advantages to enjoy high profits, which in turn leads to high prices for computing services. With the development of technology, the computing market can be re-architected according to a new theory, that any individual computing units can be added to the computing power network, which will greatly reduced the cost of computing.
RRNC team hopes to participate in the wave of reconstruction of the computing power market to recreate a computing ecosystem through blockchain technology. Core mission is the following two points:
Blockchain technology and Token are the basic tools for solving the market liquidity of computing power. The RRNC will release its own public chain RRChain and issue RRTokens as well as RRChain-based smart contracts. Users will obtain RRC by contributing their CPU power of the personal terminals.
When all those plans are perfectly implemented, an ecosystem for different application scenarios of computing power will be developed, and RRTokens will serve as an economic lever to help the entire ecosystem functioning well
A Global Computing Power Integration Project
RRChain adopts the PoW mechanism. The miner(supplier) contributes his/her own remaining computing power by mining. Demanders allows to purchase power to complete their tasks. At the same time, developers can apply computing power to special scenes.
The Fairness Of The Computing Power Recovery
Design the CPU as an adaptation target to ensure that the performance advantages of the small-core CPU can be fully utilized while preventing the involvement of the ASIC mining machine. Users can use ordinary PC/mobile CPU to mine, and truly achieve the fairness of 1 vote per CPU rule. In addition, RRChain uses a rotation algorithm set strategy, which changes continuously over time, and the single algorithm ASIC miner cannot be used in RRChain mining. RRChian satisfies the randomness, fairness and unpredictability required by the PoW algorithm.
Smart contracts are written in a proprietary Solidity language, then uploaded to a block and persist. Because blockchain data is secure and immutable, people can be confident that the smart contracts on the RRC execute as expected, and that the enforceability of the code makes it impossible for levies and defaults to occur.
Multiple Application Scenarios
API will be supported to developers for RRChain interaction in specific scenarios. RRChain will also support smart contracts which will help developers with mature application scenarios to publish their own Tokens or side chains.
|Round||Token Price||Bonus||Min / Max Purchase||Soft Cap||Hard Cap|
Public sale —