RChain is such an ambitious idea, something in between Facebook and Visa. “How?” you may ask. It's all about the plans of the developers, RHOC Coop. The guys claim to become a content provider, steeper than FB, and in addition to processing transactions, no worse than Visa. And although the company, at the time, and collected $5 million for the development of the project — we are interested in the actual development of the project RHOC.
RChain supports a variety of blockchain, public and private, and they can work on one node. To write smart contracts, we use our own programming language called RhoLang. Smart contracts run on a virtual machine Rho-oriented to achieve high speed and scalability.
RHOC is an ERC20-compliant token issued on the Ethereum blockchain.
The launch of the first product called Mercury is scheduled for the end of 2018. At the same time, RHOC tokens will acquire their practical value, as they will be used to gain access to the platform.
RHOC token-not available for mining, it can only be bought, thereby taking part in the financing of the project. How to buy RHOC currency? You can buy RChain coin can on the stock exchange. RHOC is currently available only on 6 exchanges (we recommend KuCoin), mostly Chinese, you can buy it for Ethereum (ETH). The project does not have an official wallet for storage, so it is recommended to use the popular and reliable MyEtheriumWallet for coins of the ERC20 standard.