Crypto Pacitan : NETWORK RAYS - New technology of block chains

NETWORK RAYS - New technology of block chains

What is the RAYS network project?

The RAYS network is always based on a new blockchain technology. Despite the fact that several years ago, more and more technologies are being introduced, there are still many problems with this technology going into the mainstream. RAYS is working to solve many of these problems.

The RAYS network is a cryptocurrency that aims to revolutionize your experience in the world of cryptocurrency. We identified common problems with cryptocurrencies, ranging from the use and use of distributed systems. We used world-famous cryptocurrencies, such as delegated proof (DPoS) and Bulletproof algorithms, but we changed the functionality to meet the needs of the community.

RAYS Solutions - Flexible Block Chain Network (FBN)
We have a solution for both. Security and private block chains for industry, security and fast encryption for end users. The technical team is developing a flexible block chain (FBN) that can switch between the regular user and the corporate user. Sufficient progress has already been made, and a minimum possible product (MVP) has been developed to demonstrate the concept of FBN.

Kaspersky RAYS privacy protection solution
Imagine that you are a company representative and you want to send or pay corporate data to your employees in a chain of commercial chains.

▪ In any traditional chain locking system, everything that you report in a public block chain can be seen by anyone using the same block chain.

▪ This is contrary to the principle of confidentiality and the right to privacy. Employees may not want to display their salary in the social block network.

▪ Provisions such as GDPR prohibit such practices.

▪ As a result, all actions performed in the public block network do not comply with the rules established by the rules.

▪ Chain chains, such as Ethereum, can fail in these scenarios and break the law.

▪ In this case, you can consider a chain of chains that provide private or total privacy protection.

▪ Thus, the essence of the technology of block chains is eliminated, and this contradicts the basic principles of innovation.

▪ Is there a solution to ensuring personal privacy when using a network of public units?

▪ Yes! RAYS network aims to solve this problem. RAYS flowchart Each transaction on the network has the option, before transmission, whether the transaction should be open or private.

▪ In the open network RAYS, open transactions coincide with regular transactions, such as transactions made in the Ethereum blockchain.

▪ You can make a private transaction in the publicchchain network. Thus, everyone can see that the transaction is completed. However, no transaction will be visible to anyone other than the intended recipient.

▪ It will be possible using a bulletproof algorithm. Each transaction can be blocked by the sender, and only the intended recipient can be opened.

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

RAYS system

Wallet type

How can we achieve real privacy and security?
▪ We will achieve real privacy and security by choosing the right algorithm (in this case, the bullet algorithm). By modifying it in our own way, we will be able to achieve really high scalability of the network, while maintaining a high level of security.

▪ Implementing one of two additional protocols, such as TOR or I2P, allows users to use complete personal information. With these two protocols, you can’t track transactions.

▪ When implementing the bulletproof protocol, the RAYS network is not protected from the attack of quantum computers.

Purse RAYS 3S - safe, safe and smart
RAYS 3S Wallet is a secure hybrid wallet with key encapsulation using KEM in hardware using advanced encryption primitives such as data protection, hash function, digital signature and OAKMD scheme.

▪ Security

Zero trust. The security of RAYS wallets is based on the principle of atheism and is protected by encryption primitives approved by NIST.

2FA: RAYS Wallet has two-factor authentication.

Anti-phishing: anti-phishing measures applied to RAYS wallets.

▪ Safe

PIN Code: RAYS Wallet uses a unique PIN code of up to 9 digits to ensure a high level of security for call holders.

Complete privacy: RAYS Wallet uses an extra layer of security that does not record personal information when connected to the network.

Recovery: If the Wallet seed is lost, users can easily back up their Wallet credentials using the Recovery Plan.

▪ Smart

Auto-off function: if someone tries to forcefully crack / access your wallet, it will automatically turn off if it is not executed a certain number of times.

Responsibility: RAYS Wallet must be physically approved for all internal transactions.

Smart KMS: Security policies in key management systems provide rules that are used to protect keys and metadata supported by a key management system.

RAYS Coin Distribution