Article Summary, Automatically Generated By AI
About Rubix Summary
- Rubix is an L1 blockchain protocol with modular architecture, allowing apps/enterprises to build subnets.
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Features:
- Parallelism and ultra-high scalability
- Zero gas fees
- Decentralized identity built-in
- Highly storage efficient
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RBT (native utility token):
- Required for peer-to-peer transactions
- Miners incentivized with RBT rewards
- Maximum of 51.4 million tokens, with 6 million already mined
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About Rubix
At the forefront of innovation, Rubix is a pioneering force in the cryptocurrency landscape, dedicated to empowering individuals and institutions alike to harness the vast potential of digital assets.
Rubix is a pioneering L1 blockchain protocol, comprising thousands of proofchains that seamlessly converge into a single, unified global state, eliminating the need for centralized coordinators. The modular architecture enables apps and enterprises to build, merge, and detach subnets, all within a public chain, secured by a single swarm key. This innovative design, coupled with multi-threading, yields unparalleled parallelism and ultra-high scalability, while also facilitating zero gas fees. Notably, Rubix is the only L1 protocol to incorporate decentralized identity from its inception. Additionally, it resolves the state storage conundrum prevalent in other chains, boasting exceptional storage efficiency, making it an ideal platform for Web3 applications. The native utility token, RBT, is essential for facilitating peer-to-peer transactions on the chain, and miners are incentivized with RBT rewards. The total token supply is capped at 51.4 million, with approximately 6 million already mined. Remarkably, a Rubix node can operate on a system with modest specifications, requiring only 8GB RAM and an i5 processor, eliminating the need for high-end ASIC nodes. Currently, numerous enterprises and apps are being built on Rubix, spanning diverse verticals, including ESG, carbon credits, NFTs, telecom, gaming, and stablecoins.