Crypto Pacitan : RAYS NETWORK

RAYS NETWORK

What is the RAYS network project?

The RAYS network is based on a completely new blockchain technology that is constantly growing and improving. For several years, blockchain technology has been increasingly accepted, but there are still many problems that keep this technology from the mainstream. The RAYS network seeks to solve many of these problems.

RAYS Network is a crypto currency that is aimed at revolutionizing your crypto-currency world. We have identified common crypto-currency problems, ranging from ease of use and ending with how decentralized systems work. We implement well-known functions in the world of crypto-currencies, such as the Delegated Evolution (DPoS) and Bulletproof algorithms, but we have modified functions to meet the needs of our community.

RAYS Solution - Flexible Blockchain Network (FBN)
We have a solution for both; Secure and private blockchain for industries, as well as safe and fast cryptocurrency for ordinary users. Our technical team is working on a flexible Blockchain Network (FBN) network, which can switch between General and Enterprise users according to the requirements of users according to their needs. Sufficient progress has already been made, and a minimum viable product (MVP) has already been developed to confirm the FBN concept.

Kaspersky RAYS privacy protection solution

Imagine that you are the head of an enterprise (company) and you want to send company data or pay to your employees in the public block network.

▪ In all traditional blockchain systems, anything that you share on a public block chain can be seen by anyone who uses the same block chain.

▪ This is contrary to the rules of confidentiality and the rights to privacy. Your employees may not want their salaries to appear on the public chain network.

▪ Rules 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 such rules.

▪ In these scenarios, Blockchain networks, such as Ethereum, may violate laws.

▪ In this scenario, you can consider a network chain that is private or provides complete privacy.

▪ It kills the essence of the blockchain technology and contradicts the basic principles of this innovation.

▪ Is there a solution in this situation to continue to ensure the confidentiality of individuals when using the public chain network?

▪ Yes! The RAYS network is precisely aimed at solving this problem. Each transaction that must be performed on the RAYS-block network will have an option before the transfer, whether the transaction should be public or public.

▪ An open transaction in a public RAYS network will look like a regular transaction, such as transactions made in an Ethereum block chain.

▪ You can make a private transaction on the Publicchchain network. Thus, everyone can see that the transaction is completed. But no one, except the intended recipient, sees what is inside the transaction.

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

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

RAYS Ecosystem

Types of Wallets

How do we achieve true privacy and security?

▪ We will achieve real privacy and security by selecting the correct algorithm (in this case, the Bulletproof Algorithm algorithm). By improving it in our own way, we will be able to achieve really high scalability of the network and at the same time maintain the highest security standards.

▪ Implementing one of two additional protocols, such as TOR or I2P, will allow our users to enjoy full privacy. Thanks to these two protocols, none of the transactions can be traced in any way.

▪ Implementing a bulletproof protocol will make the RAYS network immune to attacks from quantum computers.

Purse RAYS 3S - safe, safe and smart

The RAYS 3S wallet will be a very secure hybrid wallet with key encapsulation using KEM on hardware using high-forward 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 zero trust and will be protected by advanced cryptographic primitives approved by NIST.

2FA: RAYS wallet will have two-factor authentication.

Antiphishing: RAYS bank will have anti-phishing measures.

▪ Safe

Pin Key: RAYS Wallet provides currency holders with a high degree of security with a unique PIN code, which can be up to 9 digits.

Full privacy: RAYS Wallet will use an additional level of protection that does not register personal information when connected to the network.

Recovery: in the event of loss of purse seed, the user can easily back up his wallet credentials through a "recovery scheme".

▪ Smart

Automatic shutdown function: if a person tries to force / access a purse, it automatically turns off after a certain number of unsuccessful attempts.

Accountability: RAYS Wallet needs physical approval for all internal transactions that must be completed.

Smart KMS: The intelligent security policy of the key management system provides the rules that should be used to protect the keys and metadata supported by the key management system.

RAYS Coin Distribution