Crypto Pacitan : RAYS Network - Revolutionize your experience in the world of cryptocurrency

RAYS Network - Revolutionize your experience in the world of cryptocurrency

RAYS Network is a cryptocurrency that aims to revolutionize your experience in the world of cryptocurrency. We have identified common cryptocurrency problems ranging from usability to how decentralized systems operate. We adopt features known in the world of cryptocurrency such as Delegated Proof-of-Stake (DPoS) and Bulletproof algorithms but we have modified features to accommodate the needs of our community. The RAYS Network is based on new blockchain technology that grows and develops over time. For several years, blockchain technology has increasingly been adopted, but there are still many problems that hold this technology back from the mainstream. The RAYS Network tries to solve many of these problems.

RAYS Solution - Flexible Blockchain Network (FBN)
We have solutions for both; Secure and Private blockchain for industry, and Safe and Fast cryptocurrency for general users. Our technical team works on the Flexible Blockchain Network (FBN) which can switch between General and Company users as needed by users for their needs. Adequate progress has been made and the Minimum Sustainable Product (MVP) has been developed to prove the concept of FBN.

How will we achieve real Privacy and Security?
▪ We will achieve real privacy and security by choosing the right algorithm (in this case the Bulletproof Algorithm). By perfecting it in our unique way, we will be able to achieve very high network scalability and maintain the highest safety standards at the same time.

▪ The application of one of two additional protocols such as TOR or I2P will allow our users to enjoy total privacy. Thanks to these two protocols, there are no transactions that can be tracked in any way.

▪ The implementation of bulletproof protocols will make the RAYS Network also immune to attacks from quantum computers.

3S RAYS Wallet - Safe, Safe, & Smart

RAYS 3S Wallet will be a very secure hybrid wallet with key encapsulation using KEM on hardware using highly advanced cryptographic primitives such as data protection, hash functions, digital signatures, and OAKMD schemes.

▪ Safe

Zero Trust: RAYS Wallet security will be based on the principle of disbelief and will be protected by advanced cryptographic primitives approved by NIST.

2FA: RAYS Wallet will have Two Authentication Factors.

Anti Phishing: RAYS Wallet will have an Anti Phishing Action.

▪ Safe

Pin Lock: RAYS Wallet provides currency holders with a high level of security through the use of a unique PIN key that can reach up to 9 digits.

Total Privacy: RAYS Wallet will use extra level protection that does not record personal information when connected to the network.

Recovery: If you lose wallet seeds, users can easily reserve their wallet credentials through a "recovery scheme".

▪ Smart

Automatic Disable Feature: if someone tries to hack / access the wallet by force, it will automatically deactivate itself after a number of failed attempts.

Accountability: RAYS Wallet requires physical approval for all internal transactions to be executed.

Smart KMS: A smart security policy from the key management system provides rules that will be used to protect keys and metadata supported by the Key Management System.

RAYS Corporate Blockchain Privacy Solution

Imagine that you are the head of a company (company) and you want to send company data or make payments to your employees on a public blockchain network.

▪ On all traditional blockchain systems, anything you will share on a public blockchain can be seen by anyone using the same blockchain.

▪ This is against the privacy rules and privacy rights of a person. Your employees may not want their salary displayed on a public blockchain network.

▪ Regulations such as GDPR prohibit such practices.

▪ As a result, all activities carried out on the public blockchain network are not in accordance with the rules set by the regulation.

▪ Blockchain networks like Ethereum fail in this scenario and may violate the law.

▪ In this scenario, one can consider blockchain networks that are private or offer complete privacy.

▪ Doing so will kill the core of blockchain technology and conflict with the basic principles of this innovation.

▪ Is there a solution in this situation to ensure individual privacy while making use of public blockchain networks?

▪ Yes! The RAYS Network aims to solve this problem. Every transaction that will be made on the RAYS blockchain network will have an option before transmission whether the transaction must be public or private.

▪ Public transactions on the RAYS public network will be like normal transactions such as transactions carried out on EthEREum blockchain.

▪ It is possible to make personal transactions on a public blockchain network. In this way, everyone can see that the transaction is done. But no one except the intended recipient can see what is in the transaction.

▪ This will be possible with the use of the Bulletproof algorithm. Each transaction will be locked by the sender and can only be opened by the intended recipient.

▪ Bulletproof is a type of Non-Zero-Knowledge Proof Non Interactive algorithm.

RAYS Coins Distribution