The People's Blockchain is made possible through sophisticated, open-source technologies that aim to create a truly decentralized and trust-less model for building digital currency and payment network.
Proof-of-Stake (PoS) is an alternative to Proof-of-Work (PoW). It is not energy intensive like Bitcoin mining. No more power hungry mining hardware.
PROOF OF STAKE
Staking your coins is a great way to support the network. Those who keep their wallet open will get returns of 20% per annum.
It's fast, you can send money to anyone in the world within seconds.
A New Kind of Crypto Miner
Mining RIK is done by installing a wallet on your windows machine. That’s it. Seriously.
The maximum amount of Rikeza generated by mining is limited to a maximum of 5 billion RIK by the non-manipulable algorithm of the underlying software. Beyond that, Rikeza's can only be generated by staking.
It's been seen that the worldwide popularity of digital currencies has been growing steadily. One of our greatest effort, Rikeza, comes up with an idea of decentralized currency being used by everyone.
Rikeza is digital money that cannot be manipulated and is also easy to use. Rikeza is a decentralized, peer-to-peer (P2P) digital currency and payment network supported by an open-source blockchain protocol. Cryptography and its underlying mathematics replace the central institutions needed for traditional currencies, such as banks. This makes a cryptocurrency significantly more secure and efficient against established systems such as the Euro or Dollar. The Rikeza also uses the proven blockchain-technology, which makes receiving and sending transactions fast, easy and secure. It is also one of the fastest cryptocurrencies in the market. The transaction speed of Rikeza is 10 times faster than Bitcoin, 3 times faster than Litecoin.
Where does the Rikeza come from?
It is a non-commercial and volunteer-driven open source software project that was launched in 2021 and has been continuously improved and developed since then. The development team is from London, United Kingdom. The Rikeza is therefore "Made in London, United Kingdom".
How does the Rikeza work?
The Rikeza is built on the operating principle of blockchain technology, similar to Bitcoin. Each Rikeza transaction is checked and confirmed several times by the Rikeza network and thus finally verified.