LBank Exchange Publishes Rubix (RBT) on March 23, 2022

LBank Exchange, a global digital asset trading platform, will list Rubix (RBT) on March 23, 2022. For all LBank Exchange users, the RBT/USDT trading pair will be officially available for trading at 8:00 PM (UTC+8) on March 23, 2022.

Blockchain protocols such as Bitcoin and Ethereum with extensive mining-based Proof-of-Work consensus algorithms often cause high latency, low throughput and high transaction costs, while Proof-of-Stake consensus protocols suffer from concentration and security issues. Designed to address these shortcomings, the Rubix (RBT) introduces the Proof-of-Pledge protocol and Proofchain that processes transactions in an asynchronous parallel manner, making it highly scalable, ultra-fast and environmentally friendly. The native token RBT will be listed on the LBank Exchange at 8:00 PM (UTC+8) on March 23, 2022 to further expand its global reach and help it achieve its vision.

Introducing Rubix

Rubix is ​​​​an L1 blockchain protocol made up of thousands of Proofchains that always come together in one global state with no centralized coordinators. The architecture is modular where apps/enterprises can build, merge, disconnect subnets, all on a public chain with one swarm key.

Rubix is ​​built to enable decentralized applications that enable true large-scale trading on a decentralized network. Subnets and app chains can be easily built on Rubix’s decentralized public chain with no gas costs. It introduces the Proof-of-Pledge (PoP) protocol that leverages the best of Proof-of-Work and Proof-of-Stake while avoiding their shortcomings. Rubix’s mining protocol is environmentally friendly and light enough to run on laptops, desktops and VMs.

Rubix’s Proofchain processes transactions in an asynchronous parallel manner, each transaction reaches finality on its own without waiting to be merged with unrelated transactions, which makes it super fast. In addition, 6.8 million Proofchains can now scale simultaneously and in parallel on Rubix, while each node can be in a private subnet, but always together form one global public state, providing privacy, immutability, and global provenance.

In addition, Rubix features a post-quantum cheat immune algorithm that enables multi-party computation (MPC) using nonlinear secret parts (NLSS), and it is the only chain where each wallet starts with a pseudonymous, programmable decentralized identity. (DID) at L1, allowing users to build apps with immutable and secure identities.

With these advanced features and technologies, the Rubix community is currently building various projects such as ESG/carbon credit provenance, smarter NFT platforms with lower gas rates and higher security, smart toll management solutions for fraud prevention, tokenization of property in Metaverse and real estate, secure CBDC subnets and stablecoins with lower costs, decentralized DNS/MFA/KYC solutions, and so on.

About RBT Token

RBT is Rubix’ native utility token, which is a must to perform peer-to-peer transaction in the chain and also used as a reward to incentivize miners. It has about 51.4 million tokens in total, tokens are mined in perpetuity but with a long tail.

With Rubix’s breakthrough Proofchain architecture, the network does not require expensive miners or overwhelming stakeholders with proof-of-stake protocols to maintain network integrity. Rubix node can be set up even on a laptop with basic specs, most computer nodes in the world are eligible to be a miner. Early app developers can earn pre-made tokens based on the speed of transactions on their applications. Validators can also earn utility tokens based on their promises.

RBT will be listed on LBank Exchange on March 23, 2022 at 8:00 PM (UTC+8). Investors interested in Rubix investment can easily buy and sell RBT on LBank Exchange by then. The listing of RBT on LBank Exchange will undoubtedly help it to further expand its business and attract more attention in the market.

More information about RBT token:

Official website: https://rubix.net

Telegram: https://t.me/rubixblockchain

Twitter: https://twitter.com/rubixchain

facebook: https://www.facebook.com.com/RubixChain

youtube: https://www.youtube.com/channel/UCZo1UhNr_gFbXG2QyMqH1Hg

About LBank Exchange

Founded in 2015, LBank Exchange is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with secure crypto trading, specialized financial derivatives and professional wealth management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now over 210 regions around the world.

Start trading now: lbank.info

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Contact details

LBK Blockchain Co. Limited

LBank exchange

[email protected]k.info

Disclaimer: This is a paid post and should not be treated as news/advice.

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