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Topic: 🌟 [ANN][REAP] ReapChain - Secure and Transparent Blockchain-Based IoT Ecosystem - page 43. (Read 14023 times)

newbie
Activity: 8
Merit: 0
I have a technical question, can I remove access to MCU-based IoT applications developed through the Reap SDK?
copper member
Activity: 100
Merit: 0
copper member
Activity: 118
Merit: 1
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
jr. member
Activity: 52
Merit: 1
interesting interview here - "Actively developing “Mainnet”, the core blockchain technology"



https://medium.com/reapchain/actively-developing-mainnet-the-core-blockchain-technology-a35312021c7d
newbie
Activity: 21
Merit: 0
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.
copper member
Activity: 100
Merit: 0
Trilemma Aspects

Scalability, Decentralization and Security Aspects



https://medium.com/reapchain/trilemma-aspects-75181c3126a4
newbie
Activity: 26
Merit: 0
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.
newbie
Activity: 22
Merit: 0
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
newbie
Activity: 20
Merit: 0
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
copper member
Activity: 118
Merit: 1
Solutions for Trilemma

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



https://medium.com/reapchain/solutions-for-trilemma-61ace7d717cc
jr. member
Activity: 52
Merit: 1
jr. member
Activity: 119
Merit: 1
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
newbie
Activity: 14
Merit: 0
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
copper member
Activity: 100
Merit: 0
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
newbie
Activity: 24
Merit: 0
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
newbie
Activity: 22
Merit: 0
I heart that ReapChain will do additional reward for users and participants about 10% of incentive to vitalize ReapChain. Is it true?
Yes, apart from the rewards for the total transaction fee income, 10% of the total REAP will be paid as an incentive to standing and steering committee nodes
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