RChain profile
RChain Profile (REV)
Score: 5.65 | Above Average
Balanced Micro Cap
Project Safety Score

Sat, Jan 22, 2022 8:55 AM

Score 5.65
Rating Above Average
Market Cap $53183225.375051
24hr Volume $1283421.9656903
Price $0.083611245722348
Review

RChain

coin

2ndgen blockchain

RChain is a fundamentally new blockchain platform rooted in a formal model of concurrent and decentralized computation. The RChain Cooperative is leveraging that model through correct-by-construction software development to produce a concurrent, compositional, and massively scalable blockchain. he industry has spoken, the blockchain platforms of today, and as they are currently built, are not fit for scale or speed, they continue to lack security and they are not designed for the masses in the developer community. We have all heard of the problems within the ever expanding blockchain space. The fact that scalability isn’t just the giant elephant in the room, it’s that elephant that hastaken over the room. They are slow. Security – one needs to look no further than the recent events of not just (Initial Coin Offerings) ICO’s being hacked but exchanges, wallets and entire systems as well. The blockchain space is not for everyone - there a limited few developers in the world today that can build upon any of the existing blockchains. Greg is the founder and visionary behind RChain, with a tremendous passion for mathematics and over 30 years of high level experience driving innovative technology projects. Greg is the Co-founder, President and Member of the Board of Directors of The RChain Cooperative. Previously he was the Principal Architect of Microsoft's BizTalk Process Orchestration, Principal Architect of Microsoft's Highwire offering as well as Principal Architect of ATM Network management solution for ATT/NCR and Co- designer and developer of MCC's Rosette/ESS technology. No discussion about Greg would be complete without mentioning his unwavering passion/devotion (understatement) to the environment. he Co-op is the organization that develops the open-source RChain platform software. It’s an open and community-driven initiative with multiple communication channels through which all are welcome to participate. The Co-op is dependent on participation from its members. This will be crucial for governance, innovation and adoption. Rhain has cooperatively sold $15 million worth of RHOC (valued at $0.20 each at the time) during its sale. The current iteration of RChain RHOC is an ERC-20 token on the Ethereum blockchain. Once the RChain mainnet launches (tentatively scheduled for the end of 2018), RHOC tokens will convert to REV tokens at a 1:1 ratio. The tokens are used to compensate node operators for computing and storing system contracts, along with bandwidth resources. They’re also a staking currency used for consensus and validator bonding.

Read more in the whitepaper:
https://media.readthedocs.org/pdf/rchain-architecture/stable/rchain-architecture.pdf

RChain Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

RChain Safety Report

RChain has a safety score of 5.65

RChain is a micro cap coin.

RChain is suited to a balanced investment style.


RChain Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • tradingview profile

RChain Red Flags

There are currently no RChain red flags.


RChain Development Score

The RChain project has 77 active source code repositories.

The most recent commit was Wed, Jan 19, 2022 7:48 PM

  • 502 Watchers
  • 929 Stars
  • 292 Mentionable Users
  • 0 Vulnerabilities
  • 13 commits in the last 28 days.
Highlights:
  • very high stars
  • extremely high repo stars
  • daily repo updates
  • average watchers
  • very low mentionable users

RChain Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:
  • The overall sentiment is very positive
  • A collection of articles to be just about confident of the sentiment

RChain Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on RChain?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall RChain has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high hashtag tweets
  • extremely high gitHub account watchers
  • very poor reddit articles

RChain Awareness Score

The awareness score indicates how well RChain is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the RChain is but a good measure of longevity is how well the project is known by the general public.

Overall RChain this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • very poor search result total
  • very poor number of news articles mentioning RChain
  • very poor number of headlines about RChain
  • very poor number of RChain YouTube videos

RChain Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Mature project age (released Oct 6, 2017)

RChain Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • low USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

RChain Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

RChain Exchanges
RChain Explorers
REV
Member Ratings (REV)

5/5

2 reviews
Ratings and reviews left by our members do not impact the profile score.
Cryptoman
Fri, Jul 2, 2021 4:27 PM
RChain is the most legit $crypto Its popular in both English and Chinese My favorite part is that it's run by a co-operative. Its a rare legal structure that gives rise to more decentralization. Its rare because it takes an immense amount of effort to maintain a co-op
0 0
jimscarver
Mon, Feb 15, 2021 2:07 PM
rchain is not even close to being a scam. Mainnet is running and getting better every day. It is the only chain that enforces the process calculus so concurrent execution can be trusted, it has a superior object capability security model. Nobody else supports last finalized state so that validators need not keep the entire history and nobody else is aiming to support behavioural typing that proves correct process execution. The concurrency model with sharding and name space decentralization means that sooner or later it will support unlimited transactions cost effectively and I believe the price is bound recover many times over so I am taking advantage of the current ridiculously low price of the REV. I expect in the long term to make up much more than I lost. https://www.hotbit.io/exchange?symbol=REV_BTC
0 0

93.75%

Complete
Profile Status

How complete is this profile:

1 missing data point

This profile is still waiting for the following data points

  • tradingview profile
Member Signals

5/5

(2 reviews)
Member Ratings
Market Cap Rank:
536
Voted:
--
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
RChain Reddit
RChain Github
RChain News
  • RChain (REV) Receives a Very Bullish Rating Sunday: Is it Time to Get on Board?

    Sun, Jan 16, 2022 1:36 PM

    ...

    read more...
  • Toys' R' Us is BACK! Chain to make a comeback to Britain's High Streets - Daily Mail

    Thu, Oct 28, 2021 12:36 PM

    The retail chain confirmed that it is coming back to UK with bricks and mortar stores. It could...

    read more...
  • Troubles behind it, massively scaleable RChain’s prospects ‘have never looked better’ - Stockhead

    Tue, Oct 26, 2021 7:06 PM

    ...

    read more...
  • UAE ‘future-ready’ for cryptos - Khaleej Times

    Fri, Oct 15, 2021 7:00 AM

    The nation is poised to be a global hub for cryptocurrency as market capitalisation hits $1.4...

    read more...
  • RChain Reshapes Blockchain for Mass

    Mon, May 31, 2021 2:40 AM

    Beijin, China--(Newsfile Corp. - May 30, 2021) - The carbon emission problem has been repeatedly...

    read more...