Blockchain is a #revolutionary technology. It has the potential to make significant changes in many sectors of the #economy. However, before using this technology, it is worth evaluating its current problems.
⠀
🔼The first problem blockchain technology may face is scalability. The problem is based on the inability of the #system to cope with a large flow of transactions in a minimum time period, which causes discontent among the mass of customers. The decrease in system throughput is associated with the presence of a programmed set value that defines the “#block size limit”.
⠀
🔼The second problem is called “Attack of the majority” or 51%. The attack of the majority consists in the fact that an attacker gains more #mining power than all other #network members combined. Instead of mining new blocks with all participants, they will mine their own branching blockchain. In the end, according to the rules of bitcoin, a more complex branch wins and each node goes to the branch of attackers. All previously confirmed transactions that are not in the secret branch will be canceled, and attackers sent using them can be used by the attackers for their own purposes.
⠀
🔼The third problem that should be considered is possible errors in #smartcontracts, which can affect the operation of the entire network. Smart contracts contain information about the obligations of the parties and fines for their violation, while guaranteeing the fulfillment of all conditions of the #contract.
⠀
🔹In order to solve existing problems, we propose several changes in the #architecture of the blockchain, affecting communication protocols, network infrastructure, inter-network agreements, #consensus algorithms, and so on.
⠀
〽️ 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼 platform does not depend on the communication #method, it is just a node, and how the message is delivered does not matter. At the moment, _HyperNet's own communications technology is being used; it works over or on top of the #Internet.
⠀
💠 Relictum blockchain platform uses a unique protocol based on the #TCP/IP protocol, in which a virtual communication channel with each node is formed over the Internet. The advantages of this network are its reliable stability and isolation from the general segment of the Internet. In this virtual channel, only #Relictum Pro information is transmitted, which increases the data #transfer speed several times.
🏮 Website: https://relictum.pro
⠀
#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community
⠀
🔼The first problem blockchain technology may face is scalability. The problem is based on the inability of the #system to cope with a large flow of transactions in a minimum time period, which causes discontent among the mass of customers. The decrease in system throughput is associated with the presence of a programmed set value that defines the “#block size limit”.
⠀
🔼The second problem is called “Attack of the majority” or 51%. The attack of the majority consists in the fact that an attacker gains more #mining power than all other #network members combined. Instead of mining new blocks with all participants, they will mine their own branching blockchain. In the end, according to the rules of bitcoin, a more complex branch wins and each node goes to the branch of attackers. All previously confirmed transactions that are not in the secret branch will be canceled, and attackers sent using them can be used by the attackers for their own purposes.
⠀
🔼The third problem that should be considered is possible errors in #smartcontracts, which can affect the operation of the entire network. Smart contracts contain information about the obligations of the parties and fines for their violation, while guaranteeing the fulfillment of all conditions of the #contract.
⠀
🔹In order to solve existing problems, we propose several changes in the #architecture of the blockchain, affecting communication protocols, network infrastructure, inter-network agreements, #consensus algorithms, and so on.
⠀
〽️ 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼 platform does not depend on the communication #method, it is just a node, and how the message is delivered does not matter. At the moment, _HyperNet's own communications technology is being used; it works over or on top of the #Internet.
⠀
💠 Relictum blockchain platform uses a unique protocol based on the #TCP/IP protocol, in which a virtual communication channel with each node is formed over the Internet. The advantages of this network are its reliable stability and isolation from the general segment of the Internet. In this virtual channel, only #Relictum Pro information is transmitted, which increases the data #transfer speed several times.
🏮 Website: https://relictum.pro
⠀
#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community
Today, we are going to share with you some important information on what the speed of transaction depends on.
⠀
🔹 Miners take transactions from the mempool, form #blocks from them and process them. They receive a reward for processing one block of transactions in the #blockchain.
⠀
🔹 The transaction speed depends on the number of #coins sent and on the commission that the sender is willing to pay for the quick delivery of his message.
⠀
🔹 Some wallets allow customers to increase commission and thereby speed up #transactions. Others (such as Coinbase), calculate the commission themselves using mechanisms that they do not want to disclose. As a result, miners receive not only remuneration for the block, but also additional commissions.
⠀
🔹 This encourages miners to select transactions with higher fees for volumes or for the speed of sending. Thus, it is the #miners who are the key participants in cryptocurrency transactions. It depends on the miners how quickly the recipient receives the coins.
⠀
💎 Relictum Pro allows you to confirm transactions within the network of current cryptocurrencies: Bitcoin, Ethereum, #Litecoin, Dogecoin, etc. Transaction confirmations happen instantly. Even if Bitcoin has not reached the owner, a user can already immediately dispose of it.
⠀
💎 #Relictum Pro transaction speed (the rate of filling the entire network with blocks in each node) takes from 0.5 to 1 second. ⚡️ While the average speed of filing the network (all nodes) with blocks (Bitcoin or Ether) existing for competitors, taking into account the confirmations, takes, on average, from 10 minutes to several weeks.
⠀
🥇 𝗙𝗼𝗿 𝗺𝗼𝗿𝗲 𝗱𝗲𝘁𝗮𝗶𝗹𝘀, 𝘃𝗶𝘀𝗶𝘁 𝗼𝘂𝗿 𝘄𝗲𝗯𝘀𝗶𝘁𝗲: https://relictum.pro
⠀
📣 𝗙𝗼𝗹𝗹𝗼𝘄 𝗼𝘂𝗿 𝗽𝗮𝗴𝗲 𝗼𝗻 𝘀𝗼𝗰𝗶𝗮𝗹 𝗺𝗲𝗱𝗶𝗮 𝘁𝗼 𝘀𝘁𝗮𝘆 𝘁𝘂𝗻𝗲𝗱 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝗲𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗽𝗼𝘀𝘁𝘀!
🏮 Website: https://relictum.pro
⠀
#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community
⠀
🔹 Miners take transactions from the mempool, form #blocks from them and process them. They receive a reward for processing one block of transactions in the #blockchain.
⠀
🔹 The transaction speed depends on the number of #coins sent and on the commission that the sender is willing to pay for the quick delivery of his message.
⠀
🔹 Some wallets allow customers to increase commission and thereby speed up #transactions. Others (such as Coinbase), calculate the commission themselves using mechanisms that they do not want to disclose. As a result, miners receive not only remuneration for the block, but also additional commissions.
⠀
🔹 This encourages miners to select transactions with higher fees for volumes or for the speed of sending. Thus, it is the #miners who are the key participants in cryptocurrency transactions. It depends on the miners how quickly the recipient receives the coins.
⠀
💎 Relictum Pro allows you to confirm transactions within the network of current cryptocurrencies: Bitcoin, Ethereum, #Litecoin, Dogecoin, etc. Transaction confirmations happen instantly. Even if Bitcoin has not reached the owner, a user can already immediately dispose of it.
⠀
💎 #Relictum Pro transaction speed (the rate of filling the entire network with blocks in each node) takes from 0.5 to 1 second. ⚡️ While the average speed of filing the network (all nodes) with blocks (Bitcoin or Ether) existing for competitors, taking into account the confirmations, takes, on average, from 10 minutes to several weeks.
⠀
🥇 𝗙𝗼𝗿 𝗺𝗼𝗿𝗲 𝗱𝗲𝘁𝗮𝗶𝗹𝘀, 𝘃𝗶𝘀𝗶𝘁 𝗼𝘂𝗿 𝘄𝗲𝗯𝘀𝗶𝘁𝗲: https://relictum.pro
⠀
📣 𝗙𝗼𝗹𝗹𝗼𝘄 𝗼𝘂𝗿 𝗽𝗮𝗴𝗲 𝗼𝗻 𝘀𝗼𝗰𝗶𝗮𝗹 𝗺𝗲𝗱𝗶𝗮 𝘁𝗼 𝘀𝘁𝗮𝘆 𝘁𝘂𝗻𝗲𝗱 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝗲𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗽𝗼𝘀𝘁𝘀!
🏮 Website: https://relictum.pro
⠀
#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community
Hello, community! 🤗
Today, we will tell you about the pros and cons of stablecoins. 🔥
⠀
❗️𝗣𝗿𝗼𝘀:
🔵 Stablecoins can contribute to the increase in the use of #cryptocurrencies and push them to mass adoption. Since they are convenient due to the absence of the huge price volatility (unlike most cryptocurrencies) while taking advantage of the #blockchain technology.
🔵 It is much more convenient for people to use stable cryptocurrencies than fiat funds for their transactions since transactions through intermediary services that accept traditional currencies usually charge high transaction fees.
🔵 Stablecoins can increase the level of decentralization of the exchange. Decentralized exchanges are currently lacking in popularity, and stablecoins can lead to a greater influx of new users.
🔵 Stablecoins ease losses with a significant drop in the market. At the time of the collapse of the cryptocurrency market after the New Year 2018, during which many cryptos fell by 30-70%, the fall of Tether was only about 8%.
⠀
❗️ 𝗖𝗼𝗻𝘀:
🔴 Investors aren’t interested in stablecoins. If you purchased 100 stablecoins at a price of $100, then after a year, two or five years, it does not matter, their amount will still be estimated at $100.
🔴 The cost of a stablecoin depends on the asset with which it is secured, so if the accounts on which the reserves are stored will be frozen and the assets withdrawn, then the project may go bankrupt.
🔴 Stablecoins can be stolen from bank accounts. And there are doubts that such a collateral system is completely decentralized, and the owners remain confidential.
⠀
💎 Stablecoin #RLC is the main coin of the Relictum Pro network, the issue of which is built on the forging of coins. Forging is a creation of new entries in the blockchain based on the participation of #Relictum Pro network nodes in computational processes with the ability to receive remuneration in the form of new units – RLC stablecoins. The forging of the stablecoins of RLC network Relictum Pro is built on the principles of relic radiation.
⠀
The project team believes that it is possible to create a constant coin relative to the basis of all currencies of the world – the RLC stablecoin, which would level out the fluctuations in the value of the stable-tokens compared to each other. Such consistency will be expressed in the calculation of the cost of the RLC stablecoin based on dynamic coefficients in relation to world electronic, digital currencies and assets, which will be reflected on the map of currency fluctuations.
⠀
📌 𝗙𝗼𝗿 𝗱𝗲𝘁𝗮𝗶𝗹𝘀, 𝘃𝗶𝘀𝗶𝘁 𝗼𝘂𝗿 𝘄𝗲𝗯𝘀𝗶𝘁𝗲: https://relictum.pro/knowledge
⠀
📣 𝗝𝗼𝗶𝗻 𝘂𝘀 𝗼𝗻 𝘀𝗼𝗰𝗶𝗮𝗹 𝗺𝗲𝗱𝗶𝗮 𝘁𝗼 𝗯𝗲 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝘁𝗼 𝗿𝗲𝗮𝗱 𝗼𝘂𝗿 𝗻𝗲𝘄 𝗲𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗽𝗼𝘀𝘁𝘀!
Today, we will tell you about the pros and cons of stablecoins. 🔥
⠀
❗️𝗣𝗿𝗼𝘀:
🔵 Stablecoins can contribute to the increase in the use of #cryptocurrencies and push them to mass adoption. Since they are convenient due to the absence of the huge price volatility (unlike most cryptocurrencies) while taking advantage of the #blockchain technology.
🔵 It is much more convenient for people to use stable cryptocurrencies than fiat funds for their transactions since transactions through intermediary services that accept traditional currencies usually charge high transaction fees.
🔵 Stablecoins can increase the level of decentralization of the exchange. Decentralized exchanges are currently lacking in popularity, and stablecoins can lead to a greater influx of new users.
🔵 Stablecoins ease losses with a significant drop in the market. At the time of the collapse of the cryptocurrency market after the New Year 2018, during which many cryptos fell by 30-70%, the fall of Tether was only about 8%.
⠀
❗️ 𝗖𝗼𝗻𝘀:
🔴 Investors aren’t interested in stablecoins. If you purchased 100 stablecoins at a price of $100, then after a year, two or five years, it does not matter, their amount will still be estimated at $100.
🔴 The cost of a stablecoin depends on the asset with which it is secured, so if the accounts on which the reserves are stored will be frozen and the assets withdrawn, then the project may go bankrupt.
🔴 Stablecoins can be stolen from bank accounts. And there are doubts that such a collateral system is completely decentralized, and the owners remain confidential.
⠀
💎 Stablecoin #RLC is the main coin of the Relictum Pro network, the issue of which is built on the forging of coins. Forging is a creation of new entries in the blockchain based on the participation of #Relictum Pro network nodes in computational processes with the ability to receive remuneration in the form of new units – RLC stablecoins. The forging of the stablecoins of RLC network Relictum Pro is built on the principles of relic radiation.
⠀
The project team believes that it is possible to create a constant coin relative to the basis of all currencies of the world – the RLC stablecoin, which would level out the fluctuations in the value of the stable-tokens compared to each other. Such consistency will be expressed in the calculation of the cost of the RLC stablecoin based on dynamic coefficients in relation to world electronic, digital currencies and assets, which will be reflected on the map of currency fluctuations.
⠀
📌 𝗙𝗼𝗿 𝗱𝗲𝘁𝗮𝗶𝗹𝘀, 𝘃𝗶𝘀𝗶𝘁 𝗼𝘂𝗿 𝘄𝗲𝗯𝘀𝗶𝘁𝗲: https://relictum.pro/knowledge
⠀
📣 𝗝𝗼𝗶𝗻 𝘂𝘀 𝗼𝗻 𝘀𝗼𝗰𝗶𝗮𝗹 𝗺𝗲𝗱𝗶𝗮 𝘁𝗼 𝗯𝗲 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝘁𝗼 𝗿𝗲𝗮𝗱 𝗼𝘂𝗿 𝗻𝗲𝘄 𝗲𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗽𝗼𝘀𝘁𝘀!
Hello! 👋🏻 In this article, we will share with you how #China is improving the #blockchain industry.
🔐 Despite the fact that the first #cryptocurrency in China is under an extremely strict ban, blockchain in this country is considered a promising #technology, and the state is conducting R&D in this area.
📖 So, about 140 government departments work using the blockchain. According to a report by the Chinese authorities, this has reduced the number of paper documents by 40%, and their work has become more efficient.
🛠 If earlier, for registration of real estate (one of the most difficult procedures in the country), citizens had to go around many offices in order to get the papers they need, now everything can be done in one #application.
💳 In addition, China has already developed and is conducting practical research on the implementation of its own state-owned cryptocurrency. In special #economic regions of the country, the #project is already actively working, and some industrial enterprises use it in their calculations.
✅ Thus, despite the fact that China has some restrictions in the field of cryptocurrencies, the blockchain in the country is actively developing, and the state is making great efforts to do this.
🏆 Don't wait for the PRC to catch up with cryptocurrency platforms, using #Relictum Pro, you can get all the benefits of blockchain right now.
📢 Learn more about the Relictum Pro project: https://relictum.pro/
🔐 Despite the fact that the first #cryptocurrency in China is under an extremely strict ban, blockchain in this country is considered a promising #technology, and the state is conducting R&D in this area.
📖 So, about 140 government departments work using the blockchain. According to a report by the Chinese authorities, this has reduced the number of paper documents by 40%, and their work has become more efficient.
🛠 If earlier, for registration of real estate (one of the most difficult procedures in the country), citizens had to go around many offices in order to get the papers they need, now everything can be done in one #application.
💳 In addition, China has already developed and is conducting practical research on the implementation of its own state-owned cryptocurrency. In special #economic regions of the country, the #project is already actively working, and some industrial enterprises use it in their calculations.
✅ Thus, despite the fact that China has some restrictions in the field of cryptocurrencies, the blockchain in the country is actively developing, and the state is making great efforts to do this.
🏆 Don't wait for the PRC to catch up with cryptocurrency platforms, using #Relictum Pro, you can get all the benefits of blockchain right now.
📢 Learn more about the Relictum Pro project: https://relictum.pro/
In this post, we will tell you about the problems of blockchain platforms and Relictum Pro #solutions
⠀
❗️ Modern #blockchain platforms have a number of serious problems that prevent them from becoming a full-fledged replacement for fiat. Among them, the most basic are:
⠀
🔸 Lack of security
🔸 Low transaction speed.
🔸 Consensus algorithms that can lead to collisions.
⠀
❓ 𝗪𝗵𝗮𝘁 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 𝗱𝗼𝗲𝘀 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼 𝗼𝗳𝗳𝗲𝗿?
⠀
📌 Isolated HyperNet data transfer protocol, which is built on the familiar TCP / IP. It only transmits information from the #Relictum Pro network.
⠀
❓ 𝗪𝗵𝗮𝘁 𝗱𝗼𝗲𝘀 𝗶𝘁 𝗴𝗶𝘃𝗲?
⠀
🔹 Improved data #security and transaction speed. Thus, TestNet was able to show the throughput of 100,000 #transactions per second, and when fully launched, it will reach 1,000,000.
⠀
📌 𝗡𝗲𝘄 𝗣𝗿𝗼𝗼𝗳-𝗼𝗳-𝗧𝘀𝗮𝗿 𝗰𝗼𝗻𝘀𝗲𝗻𝘀𝘂𝘀 𝗮𝗹𝗴𝗼𝗿𝗶𝘁𝗵𝗺:
⠀
All nodes are divided into subclasses. Regular Nodes, Generals, and Tsars. The Generals collect transactions and submit them for processing to the Tsar Nodes. They are selected automatically and re-switching occurs every half a second. #Nodes cannot be Generals or Kings twice in a row.
⠀
❓ 𝗪𝗵𝗮𝘁 𝗱𝗼𝗲𝘀 𝗶𝘁 𝗴𝗶𝘃𝗲?
⠀
🔹 Collisions of double-spending and other parasitic #events disappear. Moreover, the "Tsar" does not know that he is the "Tsar" at the moment when he is the "Tsar". Calculated data show that the probability of a collision of block hashes can occur in 100 years, but this collision can only be with the hash that was 100 years ago, which makes it irrelevant.
⠀
✔️ Today Relictum Pro is the most technologically advanced blockchain #platform, which, thanks to its innovations, solves old blockchain problems using a radically different approach, rather than trying to fix old #problems.
⠀
📢 𝗟𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼 𝗽𝗿𝗼𝗷𝗲𝗰𝘁 𝗼𝗻 𝗼𝘂𝗿 𝘄𝗲𝗯𝘀𝗶𝘁𝗲: https://relictum.pro/
⠀
❗️ Modern #blockchain platforms have a number of serious problems that prevent them from becoming a full-fledged replacement for fiat. Among them, the most basic are:
⠀
🔸 Lack of security
🔸 Low transaction speed.
🔸 Consensus algorithms that can lead to collisions.
⠀
❓ 𝗪𝗵𝗮𝘁 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 𝗱𝗼𝗲𝘀 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼 𝗼𝗳𝗳𝗲𝗿?
⠀
📌 Isolated HyperNet data transfer protocol, which is built on the familiar TCP / IP. It only transmits information from the #Relictum Pro network.
⠀
❓ 𝗪𝗵𝗮𝘁 𝗱𝗼𝗲𝘀 𝗶𝘁 𝗴𝗶𝘃𝗲?
⠀
🔹 Improved data #security and transaction speed. Thus, TestNet was able to show the throughput of 100,000 #transactions per second, and when fully launched, it will reach 1,000,000.
⠀
📌 𝗡𝗲𝘄 𝗣𝗿𝗼𝗼𝗳-𝗼𝗳-𝗧𝘀𝗮𝗿 𝗰𝗼𝗻𝘀𝗲𝗻𝘀𝘂𝘀 𝗮𝗹𝗴𝗼𝗿𝗶𝘁𝗵𝗺:
⠀
All nodes are divided into subclasses. Regular Nodes, Generals, and Tsars. The Generals collect transactions and submit them for processing to the Tsar Nodes. They are selected automatically and re-switching occurs every half a second. #Nodes cannot be Generals or Kings twice in a row.
⠀
❓ 𝗪𝗵𝗮𝘁 𝗱𝗼𝗲𝘀 𝗶𝘁 𝗴𝗶𝘃𝗲?
⠀
🔹 Collisions of double-spending and other parasitic #events disappear. Moreover, the "Tsar" does not know that he is the "Tsar" at the moment when he is the "Tsar". Calculated data show that the probability of a collision of block hashes can occur in 100 years, but this collision can only be with the hash that was 100 years ago, which makes it irrelevant.
⠀
✔️ Today Relictum Pro is the most technologically advanced blockchain #platform, which, thanks to its innovations, solves old blockchain problems using a radically different approach, rather than trying to fix old #problems.
⠀
📢 𝗟𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼 𝗽𝗿𝗼𝗷𝗲𝗰𝘁 𝗼𝗻 𝗼𝘂𝗿 𝘄𝗲𝗯𝘀𝗶𝘁𝗲: https://relictum.pro/
💥 Relictum Pro is a participant and a platinum sponsor of Blockchain Life 2021!
🔊The largest representatives of the blockchain industry, venture funds, blockchain developers, and ambitious startups are among the participants and exhibitors.
👋 Thank you for being with us!
👉 https://youtu.be/8pHM3M580RI
🔊The largest representatives of the blockchain industry, venture funds, blockchain developers, and ambitious startups are among the participants and exhibitors.
👋 Thank you for being with us!
👉 https://youtu.be/8pHM3M580RI
YouTube
Relictum Pro | Blockchain Life 2021
#Relictum Pro #Blockchain Life 2021
💥 Relictum Pro is a participant and a platinum sponsor of Blockchain Life 2021!
🔊The largest representatives of the blockchain industry, venture funds, blockchain developers, and ambitious startups are among the participants…
💥 Relictum Pro is a participant and a platinum sponsor of Blockchain Life 2021!
🔊The largest representatives of the blockchain industry, venture funds, blockchain developers, and ambitious startups are among the participants…
❓ What are the types of data storages?
A centralized storage is the first and still the most common type of storages. Such solutions are technically very simple but feature significant drawbacks:
♦️ they are poorly protected from hacking;
♦️ there is no data backup, and therefore they are almost impossible to recover in case of loss;
♦️ the more information, the more expensive its storage;
♦️ low degree of privacy.
This is where the idea of creating blockchain-based decentralized storages emerged. In centralized storages, the information is stored on one server, while in decentralized one it is stored on many servers and remains 100% anonymous. The information still remains available to the owner in the event of the physical elimination of any of the elements from the blockchain network.
As a result, users increasingly prefer decentralized storages and enjoy their benefits:
♦️ unlimited scalability: an increase in the data volume does not entail a significant increase in the cost of its storage;
♦️ anonymity;
♦️ privacy: 100%;
♦️ instant access from any device with a unique private key.
❓ Why do companies so much need secure storages today? For instance, there is a GDPR law in effect in the EU, under which companies are obliged to protect the personal data of customers, otherwise they face a fine of up to $2 mln or 10% of their annual turnover. Another reason is the desire to obtain a guarantee of data safety and privacy of no less than 100%.
Relictum PRO offers its own product: Relictum Storage, a personal decentralized file storage in Relictum Blockchain. An affordable solution with secure access on any of your devices!
#Relictum_Pro #Ecosystem #RelictumBlockchain
A centralized storage is the first and still the most common type of storages. Such solutions are technically very simple but feature significant drawbacks:
♦️ they are poorly protected from hacking;
♦️ there is no data backup, and therefore they are almost impossible to recover in case of loss;
♦️ the more information, the more expensive its storage;
♦️ low degree of privacy.
This is where the idea of creating blockchain-based decentralized storages emerged. In centralized storages, the information is stored on one server, while in decentralized one it is stored on many servers and remains 100% anonymous. The information still remains available to the owner in the event of the physical elimination of any of the elements from the blockchain network.
As a result, users increasingly prefer decentralized storages and enjoy their benefits:
♦️ unlimited scalability: an increase in the data volume does not entail a significant increase in the cost of its storage;
♦️ anonymity;
♦️ privacy: 100%;
♦️ instant access from any device with a unique private key.
❓ Why do companies so much need secure storages today? For instance, there is a GDPR law in effect in the EU, under which companies are obliged to protect the personal data of customers, otherwise they face a fine of up to $2 mln or 10% of their annual turnover. Another reason is the desire to obtain a guarantee of data safety and privacy of no less than 100%.
Relictum PRO offers its own product: Relictum Storage, a personal decentralized file storage in Relictum Blockchain. An affordable solution with secure access on any of your devices!
#Relictum_Pro #Ecosystem #RelictumBlockchain
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🔥Over 1,000 NFTs have been created at the Relictum NFT marketplace
Dear Relictum Ecosystem community!
1068 NFTs in various categories have been created since our marketplace launch. This can be easily seen in our Explorer. Audience interest in NFTs created on the Relictum Blockchain is growing! Take a look and see: sales are recorded in the net daily.
📌 We remind you that the most rare and promising works are collected in a special section of the Relictum NFT Premium marketplace.
You are welcome to chat with like-minded people in Russia in our NFT chat. We also have an international chat for discussing NFT.
#Relictum_NFT #NFT #Relictum_Pro #Relictum
Dear Relictum Ecosystem community!
1068 NFTs in various categories have been created since our marketplace launch. This can be easily seen in our Explorer. Audience interest in NFTs created on the Relictum Blockchain is growing! Take a look and see: sales are recorded in the net daily.
📌 We remind you that the most rare and promising works are collected in a special section of the Relictum NFT Premium marketplace.
You are welcome to chat with like-minded people in Russia in our NFT chat. We also have an international chat for discussing NFT.
#Relictum_NFT #NFT #Relictum_Pro #Relictum
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Frequently asked questions about staking
We would like to remind you that you can stake genesis tokens of the Relictum Blockchain network, GTNs, directly in the Relictum PRO node. You can top up your account in the Relictum DEX tab, as well as through the Relictum Finance platform.
❓For what period can I stake tokens?
Available staking periods are 1, 3, 6, 9 or 12 months. Staking tokens for 2 months, or, say, 4 months will not work. You will be offered a choice of only available options in the Staking tab. Moreover, you can send any amount within the existing account. The number of orders is also not limited.
❓When are royalties paid?
Royalties will be credited to your Relictum Wallet account twice a month, on the 1st and. The 15th day. Payouts are made in wrapped RBTC, RETH, RLTC or USDR stablecoins. The payment will be made in the tokens which the Relictum DEX exchange managed to earn the most over the period from the previous payment. More tokens for royalty payments will be available in the future.
❓The staking period is over, what to do next?
You must manually withdraw the tokens from staking each time after the completion of your chosen cycle of 1, 3, 6, 9 or 12 months. If this is not done, they will remain blocked but no longer generate royalties.
You can send your GTNs to a new staking cycle or unlock them, but both of these operations are done manually, not automatically. Go to the Staking tab and click on the button with three dots “⋮” to unlock at any time you want.
❓What happens if the tokens are withdrawn from staking before the end of the cycle?
This is impossible. Tokens that are in staking cannot be unlocked before the end of the cycle you have chosen.
❓What factors determine how much a staker will get in the end?
The royalty amount depends on the following:
♦️ income of the Relictum Blockchain network;
♦️ staking amount – the larger it is, the higher the percentage of royalties.
Do you have other questions on the topic? Feel free to ask them in our Relictum Ecosystem chat: https://t.me/relictum_pro_chat.❤️
#Relictum_PRO #Relictum_DEX #Relictum_Staking
We would like to remind you that you can stake genesis tokens of the Relictum Blockchain network, GTNs, directly in the Relictum PRO node. You can top up your account in the Relictum DEX tab, as well as through the Relictum Finance platform.
❓For what period can I stake tokens?
Available staking periods are 1, 3, 6, 9 or 12 months. Staking tokens for 2 months, or, say, 4 months will not work. You will be offered a choice of only available options in the Staking tab. Moreover, you can send any amount within the existing account. The number of orders is also not limited.
❓When are royalties paid?
Royalties will be credited to your Relictum Wallet account twice a month, on the 1st and. The 15th day. Payouts are made in wrapped RBTC, RETH, RLTC or USDR stablecoins. The payment will be made in the tokens which the Relictum DEX exchange managed to earn the most over the period from the previous payment. More tokens for royalty payments will be available in the future.
❓The staking period is over, what to do next?
You must manually withdraw the tokens from staking each time after the completion of your chosen cycle of 1, 3, 6, 9 or 12 months. If this is not done, they will remain blocked but no longer generate royalties.
You can send your GTNs to a new staking cycle or unlock them, but both of these operations are done manually, not automatically. Go to the Staking tab and click on the button with three dots “⋮” to unlock at any time you want.
❓What happens if the tokens are withdrawn from staking before the end of the cycle?
This is impossible. Tokens that are in staking cannot be unlocked before the end of the cycle you have chosen.
❓What factors determine how much a staker will get in the end?
The royalty amount depends on the following:
♦️ income of the Relictum Blockchain network;
♦️ staking amount – the larger it is, the higher the percentage of royalties.
Do you have other questions on the topic? Feel free to ask them in our Relictum Ecosystem chat: https://t.me/relictum_pro_chat.❤️
#Relictum_PRO #Relictum_DEX #Relictum_Staking
Relictum Pro
Relictum Pro is blockchain 5.0 of the latest generation
We have developed the fully-fledged distributed platform, 100% reliable electronic data circulation environment for all parameters of human life
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✨ Relictum News for the First Half of 2022
The first half of 2022 is already over, which means it's time to summarize. Looking ahead, it is worth noting that we do have something to talk about.
A lot of events happened around Relictum during these six months:
✅ development of new products and improvement of the existing ones,
✅ meetings and conferences,
✅ recognition from dozens of media,
✅ announcement of the listing date on the stock exchange.
❓ Do you want to know details about all the most important news over this period?
👉Follow the link https://relictum.pro/news and read!
#Relictum_PRO #Relictum_Blockchain #Relictum_Ecosystem
The first half of 2022 is already over, which means it's time to summarize. Looking ahead, it is worth noting that we do have something to talk about.
A lot of events happened around Relictum during these six months:
✅ development of new products and improvement of the existing ones,
✅ meetings and conferences,
✅ recognition from dozens of media,
✅ announcement of the listing date on the stock exchange.
❓ Do you want to know details about all the most important news over this period?
👉Follow the link https://relictum.pro/news and read!
#Relictum_PRO #Relictum_Blockchain #Relictum_Ecosystem
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Relictum News for the First Half of 2022
dapp.com, the largest platform for the decentralized app distribution in the world, tells about the most important Relictum Ecosystem news, such as:
🔧 Relictum product development
🎨 NFT News
🎤 Activities, events, and community development
💰 Listing
📖 Media publications and interviews
https://www.dapp.com/article/what-is-relictum
#Relictum_PRO #Relictum_Blockchain #Relictum_Ecosystem
dapp.com, the largest platform for the decentralized app distribution in the world, tells about the most important Relictum Ecosystem news, such as:
🔧 Relictum product development
🎨 NFT News
🎤 Activities, events, and community development
💰 Listing
📖 Media publications and interviews
https://www.dapp.com/article/what-is-relictum
#Relictum_PRO #Relictum_Blockchain #Relictum_Ecosystem
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💵 USDT (ERC-20) has been added to RNode💵
Dear Users,
USDT ERC-20 token has been added to Relictum Node. Like other cryptocurrencies, it is available in the node wallet (Crypto tab).
If you do not see USDT (ERC-20) in your wallet, please update the node to the latest version. This can be done in the Quick Access section by clicking the Update button.
❓ Want to learn more about Relictum Node features? Join our Relictum Ecosystem chat: @relictum_pro_chat ❤️
#Relictum_PRO #Relictum_Blockchain #Relictum_Ecosystem
Dear Users,
USDT ERC-20 token has been added to Relictum Node. Like other cryptocurrencies, it is available in the node wallet (Crypto tab).
If you do not see USDT (ERC-20) in your wallet, please update the node to the latest version. This can be done in the Quick Access section by clicking the Update button.
❓ Want to learn more about Relictum Node features? Join our Relictum Ecosystem chat: @relictum_pro_chat ❤️
#Relictum_PRO #Relictum_Blockchain #Relictum_Ecosystem
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🌐 New article about Relictum has been published
HubPages, a large online portal with a monthly audience of about 1.5 mln people, published an article on why a DEX is a reliable alternative to centralized cryptocurrency exchanges.
When listing examples, the author reviewed the benefits of several projects, including Relictum DEX.
You will learn what decentralized trading platforms can offer and why they are better than traditional cryptocurrency exchanges from the article.
🔥 Find more in the post:
https://discover.hubpages.com/education/DEX-why-its-a-reliable-alternative-to-traditional-crypto-exchanges
#Relictum_PRO #Relictum_Blockchain #Relictum_Ecosystem
HubPages, a large online portal with a monthly audience of about 1.5 mln people, published an article on why a DEX is a reliable alternative to centralized cryptocurrency exchanges.
When listing examples, the author reviewed the benefits of several projects, including Relictum DEX.
You will learn what decentralized trading platforms can offer and why they are better than traditional cryptocurrency exchanges from the article.
🔥 Find more in the post:
https://discover.hubpages.com/education/DEX-why-its-a-reliable-alternative-to-traditional-crypto-exchanges
#Relictum_PRO #Relictum_Blockchain #Relictum_Ecosystem
HubPages
Dex: Why It’s a Reliable Alternative to Traditional Crypto Exchanges
Dex was able to prove that he is a great alternative to traditional crypto exchanges. How he took this place and its advantages read in the article.
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📣 Development news for Relictum DEX
Dear Relictum Community,
We keep working on Relictum DEX at an accelerated pace right now. We have expanded our testing team: 200 people are involved in the product testing now.
🔧 Increasing the number of testers allows us to continue optimization and improvement of Relictum DEX. In particular, we are focused on exchange-wallet interaction, as well as multiple parallel execution of transactions at the moment.
🌐 Anyway, the main testing cycle has already been completed, and all key remarks have been fixed. Our team is preparing the final release, which will be deployed to the MainNet network after the final tests along with a number of improvements.
Relictum DEX gets one step closer to its launch every day!
❓ Want to know about Relictum product development first? Subscribe to the Relictum Ecosystem chat: @relictum_pro_chat❤️
#Relictum_PRO #Relictum_Blockchain #Relictum_Ecosystem
Dear Relictum Community,
We keep working on Relictum DEX at an accelerated pace right now. We have expanded our testing team: 200 people are involved in the product testing now.
🔧 Increasing the number of testers allows us to continue optimization and improvement of Relictum DEX. In particular, we are focused on exchange-wallet interaction, as well as multiple parallel execution of transactions at the moment.
🌐 Anyway, the main testing cycle has already been completed, and all key remarks have been fixed. Our team is preparing the final release, which will be deployed to the MainNet network after the final tests along with a number of improvements.
Relictum DEX gets one step closer to its launch every day!
❓ Want to know about Relictum product development first? Subscribe to the Relictum Ecosystem chat: @relictum_pro_chat❤️
#Relictum_PRO #Relictum_Blockchain #Relictum_Ecosystem
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🌐 How to switch the network in the node?
Relictum Blockchain supports the simultaneous operation of several networks, which was described in detail before. Two of them (mainnet and testnet) are available to ordinary users.
How and where to choose a network?
1️⃣ Open the Relictum node. Find a blue or yellow bar at the top of the interface saying "You're online: mainnet" or "You're online: testnet", accordingly.
2️⃣ Click on the bar. Select mainnet or testnet in the Available Networks window that opens.
✅ Perfect! You have switched the network. You can verify this by checking the top bar.
❓ Want to learn more how Relictum Node works? Then join the Relictum Ecosystem chat: @relictum_pro_chat❤️
#Relictum_PRO #Relictum_Blockchain
Relictum Blockchain supports the simultaneous operation of several networks, which was described in detail before. Two of them (mainnet and testnet) are available to ordinary users.
How and where to choose a network?
1️⃣ Open the Relictum node. Find a blue or yellow bar at the top of the interface saying "You're online: mainnet" or "You're online: testnet", accordingly.
2️⃣ Click on the bar. Select mainnet or testnet in the Available Networks window that opens.
✅ Perfect! You have switched the network. You can verify this by checking the top bar.
❓ Want to learn more how Relictum Node works? Then join the Relictum Ecosystem chat: @relictum_pro_chat❤️
#Relictum_PRO #Relictum_Blockchain
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😎 Global Expansion of Relictum Pro
The GITEX GLOBAL exhibition opened on October 10. Its participants were representatives of the most promising tech companies, including digital and blockchain. Such famous brands as Microsoft, AMD, Huawei, Lenovo, and others showcased their products and developments. Besides, many crypto companies, including Binance, OKX, and FTX exchanges, participated in the event.
Being the brightest representative of decentralized technologies, Relictum Pro was represented at the event by Alexander Strigin, CEO.
Alexander held meetings with team members of other projects at GITEX GLOBAL, including the largest and most famous companies in the blockchain technology market.
In this way, Relictum Pro follows its strategy, building new partnerships and talking about the project to thousands of new users!
#Relictum_Blockchain
#Relictum_Pro
#Relictum_Ecosystem
The GITEX GLOBAL exhibition opened on October 10. Its participants were representatives of the most promising tech companies, including digital and blockchain. Such famous brands as Microsoft, AMD, Huawei, Lenovo, and others showcased their products and developments. Besides, many crypto companies, including Binance, OKX, and FTX exchanges, participated in the event.
Being the brightest representative of decentralized technologies, Relictum Pro was represented at the event by Alexander Strigin, CEO.
Alexander held meetings with team members of other projects at GITEX GLOBAL, including the largest and most famous companies in the blockchain technology market.
In this way, Relictum Pro follows its strategy, building new partnerships and talking about the project to thousands of new users!
#Relictum_Blockchain
#Relictum_Pro
#Relictum_Ecosystem
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🌐 New article about Relictum PRO
A review about Relictum PRO was published on the respectable Turkish cryptocurrency portal Kriptosozluktv. The author described the project and its advantages in the article, as well as the fundamental problems of the cryptocurrency industry that are being solved through Relictum Blockchain.
🔥 Find more details in the publication: https://www.kriptosozluktv.com/2022/09/gnt-token-lbankte-listelenen-relictum.html
#Relictum_PRO #Relictum_Blockchain #Relictum_Ecosystem
A review about Relictum PRO was published on the respectable Turkish cryptocurrency portal Kriptosozluktv. The author described the project and its advantages in the article, as well as the fundamental problems of the cryptocurrency industry that are being solved through Relictum Blockchain.
🔥 Find more details in the publication: https://www.kriptosozluktv.com/2022/09/gnt-token-lbankte-listelenen-relictum.html
#Relictum_PRO #Relictum_Blockchain #Relictum_Ecosystem
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🔥 GTN token on CoinGecko!
Dear Relictum Ecosystem Community,
We are happy to announce that the GTN token is now listed on CoinGecko, a crypto aggregator.
Now you can track the current GTN rate and use extra analytical tools while working on the platform now.
👉 GTN on CoinGecko
📣 Click ⭐️ to add GTN to your Favorites and 🔔 to get notifications about the price change!
#Relictum_PRO #Relictum_Blockchain #Relictum_Ecosystem
Dear Relictum Ecosystem Community,
We are happy to announce that the GTN token is now listed on CoinGecko, a crypto aggregator.
Now you can track the current GTN rate and use extra analytical tools while working on the platform now.
👉 GTN on CoinGecko
📣 Click ⭐️ to add GTN to your Favorites and 🔔 to get notifications about the price change!
#Relictum_PRO #Relictum_Blockchain #Relictum_Ecosystem
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🔥 GTN token on Nomics!
Dear Relictum Ecosystem users,
The GTN token is listed on the popular crypto portal Nomics now. You can find the most important information about GTN, project development news, and exchanges trading the token on the coin page.
👉 GTN on Nomics
📣 Click ⭐️ to add GTN to your Favorites!
#Relictum_PRO #Relictum_Blockchain #Relictum_Ecosystem
Dear Relictum Ecosystem users,
The GTN token is listed on the popular crypto portal Nomics now. You can find the most important information about GTN, project development news, and exchanges trading the token on the coin page.
👉 GTN on Nomics
📣 Click ⭐️ to add GTN to your Favorites!
#Relictum_PRO #Relictum_Blockchain #Relictum_Ecosystem
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