On Sept. 6, RChain showcased its blockchain at internet-scale through an audio-on-chain demonstration.
Third-generation blockchain cooperative RChain provided a glimpse into a blockchain at internet-scale during its developer conference in Berlin, according to a press release.
By running the decentralized application RSong, the RChain testnet exhibited high-volume performance at scale.
RChain partnered with Immersion Networks, Resonate and Mycelia to demonstrate the ability to store immersive audio on a blockchain.
Aiming for unlimited scalability, RChain founder Greg Meredith hopes to achieve a blockchain that can support "Visa level transaction speeds and Facebook levels of data." The platform is further developing a more efficient, categorized cost model for blockchain transaction costs, called "Phlogiston."
RChain also plans to integrate identity-layer solution LifeID into its mainnet to give users control over their digital identity.
LifeID will launch on the Ethereum blockchain and RChain testnet.
Plans to migrate fully to the RChain mainnet in the future.
Through advancements in scalability, affordable transaction costs and security, RChain is well-poised to become a viable third-generation blockchain.
RChain will hold its official mainnet launch in Q1 2019.Cover Photo by James Owen on Unsplash.
RChain Demonstrates Scalable Blockchain With Audio-On-Chain
Published on Sep 8, 2018
by Cryptoslate | Published on Coinage
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