RAYS Network: Blockchain based on Bulletproof Protocol and Customized DPo

RAYS Network: Blockchain based on Bulletproof Protocol and Customized DPo

Project Review

What does the company / project do?

Rays Network is a blockchain project that aims to revolutionize your experience in the world of cryptocurrency. Sinar has identified common challenges faced by blockchain technology ranging from scalability, privacy, security and how decentralized systems operate.

Sinar will do this using a modified Delegated Proof-of Stake (DPoS) and Bullet Proof that will accommodate the needs of the company and the cryptocurrency community so as to enable blockchain technology applications in the business world.

The beam blockchain network has maximum flexibility that gives it advantages over other blockchain solutions. It consists of safe and private blockchain for industrial applications and cryptocurrency that is safe and fast for general users. Sinar already has a minimum viable product (MVP) to prove the concept of a flexible blockchain network.



Rays blockchain is designed to accelerate the role of blockchain in the business world and with this in mind, privacy is very important because not all company data and payments must be publicly visible as in traditional blockchain systems such as Bitcoin and Ethereum that do not give users the right to their privacy. For example, let's assume you pay your employees using Cryptocurrency, most of them will not like the payment details so that they can be seen by the public. Sinar will solve this problem by having an option before the payment transmission whether the transaction must be public or private. This will be possible with the use of the Bullet proof algorithm which will make the transaction locked by the sender and can only be opened by the recipient.

Bulletproof is a Knowledge Proof Non Interactive Zero algorithm. This is the latest theoretical protocol under extensive research that aims to revolutionize privacy in cryptocurrency and blockchain.

Sinar will also implement one of two additional protocols such as TOR or I2P which will provide full privacy to users. With one of these protocols, transactions cannot be tracked.

Rays blockchain is very scalable with 10,000 (TPS) and all transactions made on the blockchain attract zero transaction fees and this will make Rays cryptocurrency easily adopted by many people.

Sinar will use a consensus algorithm that is adjusted to the Proof-of Stake Delegation (C-DoPS) which is an extension version of the DPoS. And with this algorithm, the ray holder will be able to risk the Ray coin even when their wallet dies.

Through the Sinar wallet, multi-transactions will be made possible by one user to several users at once and this will be possible with the implementation of the Bulletproof Protocol.

Sinar will collaborate with top-ranked academic institutions for the formation of the Sinar Research Laboratory. This will be a network of laboratories around the world where researchers will collaborate for research and development of blockchain solutions.

FEATURES NOW AT A GLANCE:

Customized Delegate Proof-of-Stake (CDPoS)

Bulletproof protocol for privacy

Flexible Blockchain Network (FBN) [Public and Private]

Corporate Blockchain Privacy Solution (EPBS)

Zero Transaction Fee

PAY PAY AND MICROTransactions

Multi Transaction System (MTS)

Sinar Research Laboratory

3S Wallet Rays

Quantum Evidence

GPDR Compliance Blockchain.

RAY TEAM

The Rays team consists of forty professionals in various fields and they have relevant experience and skills to bring this project into reality. They really are NETWORK RAYS NETWORK. Their full profile and biography can be found here





FOR MORE INFORMATION PLEASE VISIT THE BELOW:

Website: https://rays.network
Whitepaper: https://rays.network/whitepaper1.0.pdf
Telegram Group: https://t.me/RaysNetwork
Twitter: https://twitter.com/Rays_Net

My USERNAME:Gambangcity
BITCOINTALK:https://bitcointalk.org/index.php?action=profile;u=1855982;
ETH:0xbd4e6B6E19c55D117badfa5C218Ae03263df6072