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Introducing ReserveBlockIO (RBX): the NFT-centric network#ReserveBlock #RBX #DeFi #NFTs #nftcommunity Blockchain technology has revolutionized the way we think about data and transactions. The rise of decentralized finance (DeFi) and non-fungible tokens (NFTs) has made blockchain even more popular in recent years. But despite the benefits of blockchain, the technology still faces adoption challenges, such as the complexity of the interface and the high costs associated with mining and transaction fees. This is where ReserveBlockIO (RBX) comes in. RBX is an open-source peer-to-peer (p2p) L1 blockchain built in C#. What sets RBX apart from other blockchains is its focus on NFTs and its innovative liquid Proof of Assurance (PoA) consensus mechanism. Here’s what you need to know about RBX. What is RBX? RBX is a fully autonomous and decentralized blockchain network that is governed by validators through on-chain voting. RBX was developed to democratize mining without the burdens and frictions of Proof of Work (PoW) or Proof of Stake (PoS), but rather a liquid Proof of Assurance (PoA) consensus. The liquid PoA consensus mechanism enables users to earn randomized block rewards in a carbon-neutral environment, such as a laptop machine, with at-will participation. RBX features self-executing NFT smart contracts, called SENs. These contracts can be deployed natively with peer-to-peer transferring of the underlying media and files associated with any NFT, through a non-custodial core-wallet, without any third-party application. This means that RBX makes it easy for users to create, transfer, and manage their NFTs without the need for intermediaries. The RBX network aims to help solve current individual adoption challenges of blockchain technology by way of a simple interface that helps remove existing barriers to efficient self-sovereignty and self-custody while democratizing participation, governance, and management of assets through native tokenization with a "YOUR Block, YOUR Data" methodology. This means that RBX allows users to take control of their own data and assets, without relying on centralized authorities. To use the RBX network, a user will need to have a small amount of RBX to mint or do a transaction at the nominal near-zero fees or assure the minimum 1,000 RBX to become a node as a validator on the network and provide governance. RBX is also the network’s native currency. RBX has a core desktop wallet (CLI or GUI) where all functions are provided for a user. There is also a mobile app in the form of a web wallet that can perform many of the functions found on the core wallet. This means that users can access and manage their RBX from anywhere, using their desktop or mobile device. RBX is a network with a lot of potential with built-in scalable utility features such as on-chain royalty enforcement, multi-asset and evolving / devolving NFTs, wrapping and pairing of assets, p2p media transfer, domain name service, and on-chain self-governance, among others. These features make RBX a versatile and user-friendly blockchain that can be used in a variety of applications. ReserveBlockIO (RBX) is an innovative blockchain that is poised to democratize participation, governance, and management of assets through native tokenization. RBX’s focus on NFTs and its liquid Proof of Assurance consensus mechanism make it a unique and powerful blockchain that has the potential to revolutionize the way we think about transactions and data. With its user-friendly interface and built-in scalable utility

Introducing ReserveBlockIO (RBX): the NFT-centric network

#ReserveBlock #RBX #DeFi #NFTs #nftcommunity

Blockchain technology has revolutionized the way we think about data and transactions. The rise of decentralized finance (DeFi) and non-fungible tokens (NFTs) has made blockchain even more popular in recent years. But despite the benefits of blockchain, the technology still faces adoption challenges, such as the complexity of the interface and the high costs associated with mining and transaction fees.

This is where ReserveBlockIO (RBX) comes in. RBX is an open-source peer-to-peer (p2p) L1 blockchain built in C#. What sets RBX apart from other blockchains is its focus on NFTs and its innovative liquid Proof of Assurance (PoA) consensus mechanism. Here’s what you need to know about RBX.

What is RBX?

RBX is a fully autonomous and decentralized blockchain network that is governed by validators through on-chain voting. RBX was developed to democratize mining without the burdens and frictions of Proof of Work (PoW) or Proof of Stake (PoS), but rather a liquid Proof of Assurance (PoA) consensus. The liquid PoA consensus mechanism enables users to earn randomized block rewards in a carbon-neutral environment, such as a laptop machine, with at-will participation.

RBX features self-executing NFT smart contracts, called SENs. These contracts can be deployed natively with peer-to-peer transferring of the underlying media and files associated with any NFT, through a non-custodial core-wallet, without any third-party application. This means that RBX makes it easy for users to create, transfer, and manage their NFTs without the need for intermediaries.

The RBX network aims to help solve current individual adoption challenges of blockchain technology by way of a simple interface that helps remove existing barriers to efficient self-sovereignty and self-custody while democratizing participation, governance, and management of assets through native tokenization with a "YOUR Block, YOUR Data" methodology. This means that RBX allows users to take control of their own data and assets, without relying on centralized authorities.

To use the RBX network, a user will need to have a small amount of RBX to mint or do a transaction at the nominal near-zero fees or assure the minimum 1,000 RBX to become a node as a validator on the network and provide governance. RBX is also the network’s native currency.

RBX has a core desktop wallet (CLI or GUI) where all functions are provided for a user. There is also a mobile app in the form of a web wallet that can perform many of the functions found on the core wallet. This means that users can access and manage their RBX from anywhere, using their desktop or mobile device.

RBX is a network with a lot of potential with built-in scalable utility features such as on-chain royalty enforcement, multi-asset and evolving / devolving NFTs, wrapping and pairing of assets, p2p media transfer, domain name service, and on-chain self-governance, among others. These features make RBX a versatile and user-friendly blockchain that can be used in a variety of applications.

ReserveBlockIO (RBX) is an innovative blockchain that is poised to democratize participation, governance, and management of assets through native tokenization. RBX’s focus on NFTs and its liquid Proof of Assurance consensus mechanism make it a unique and powerful blockchain that has the potential to revolutionize the way we think about transactions and data. With its user-friendly interface and built-in scalable utility
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