Rubius – Your Next-Gen Bank, Wallet, and Exchange

Rubius could be a blockchain programming startup that’s dedicated to making Aryl. This Aryl could be easy to utilize Ethereum note case and installment stage. Aryl in addition permits shoppers to send, get, or en kindle installments in their most well-liked money. Rubius is developing an answer for next generation of banking solutions with the assistance of blockchain technology. Decentralization and reliableness, security and transparency are the key components of the scheme. quicker transactions of the digital currency with the assistance of the ethereum blockchain is that the core aim of the platform. ARYL is that the initial product offered by the team that is associate degree open supply payment and note case platform. This application is less complicated to use whereas causing and receiving cash. It not solely helps in transferring cryptocurrency however additionally helps keep an in depth reference to your friends with the assistance of electronic messaging tool. The notecase provides cryptocurrency exchange and storage facility. The scheme additionally offers loans and credits to the individuals with their friend acting as intercessor. they’re coming up with several things with the assistance of blockchain technology that they have a tendency to might even see within the future. RUBY coins ar the center of the dealingss on the platform as they’re quicker than bitcoin transaction. The new model of banking can emerge from the usage of the platform, and that they ar determined to realize a suburbanized exchange.

Rubius Ecosystem

The Rubius ecosystem consists of their smartphone app called Aryl, their web-based exchange called Rubiex, the Rubius coins, and will include all of other proposed products. The ecosystem intertwines smartphones, laptops, desktops, tablets, and all other computing devices into a platform for financial security

Imagini pentru Rubius Ecosystem

Rubius Blockchain Infrastructure

In the future, they plan on developing their own blockchain infrastructure, which will be an improved version of Ethereum. Similar to Ethereum, their infrastructure will be an open-source, public, blockchain-based distributed computing platform and operating system with smart contract (scripting) functionality. However, the goal of their blockchain platform is to be more energy-efficient and more viable for long-term data storage. To make the platform more energy-efficient, they plan to use computational science and numerical methods to lessen the processing power needed by the Rubius Virtual Machine (RVM). These methods will make the platform cleaner (more ecofriendly) and will make Rubius mining more lucrative. To make the platform more viable for long-term data storage, they plan to incorporate sharding protocols as they will make the blockchain more durable and scalable. Their platform will be called “Rubius” and they plan on migrating the Rubius ERC20 coins from the Ethereum platform to the Rubius platform by pausing trades, then manually exchanging the assets. Afterwards, the Rubius coins or Rubies will become the main currency of the platform and will act as fuel or “gas” for the network, similar to ether on Ethereum. Because Rubius will be first modeled as an Ethereum variant, it will initially use Merkle trees, for security reasons, to improve scalability, and to optimize transaction hashing. By design, the Rubius blockchain will be extremely secure and have a high Byzantine fault tolerance. To improve upon Ethereum’s design, they will consider the viability of using other hash trees to replace the Merkle Tree (e.g. the Tiger tree hash ) or may consider inventing their own novel binary tree. They plan on devoting a significant budget towards cryptography research & development (R&D), hoping to build upon the work of Ralph Merkle by developing innovative public-key systems which could be used in conjunction with decentralized applications.

ICO DETAILS

  • Start
    August 21, 2018 (2:00PM EST)
  • Number of coins for sale
    210,000,000 RUBY (70%)
  • End
    September 25, 2018 (2:00PM EST)
  • Coin exchange rate
    1 ETH = 7000 RUBY
  • Acceptable currencies
    ETH
  • Minimal transaction amount
    0.05 ETH
  • Token : Rubius
  • Token Symbol : RUBY
  • Platform : Ethereum
  • Type : ERC20
  • Total Crowd-sale : 80,000,000
  • Total Supply : 100,000,000

Source: youtube/Rubius


For more information, visit the WEBSITE or read the Whitepaper.