Rikeza’s blockchain-enabled technology delivers world-class security while meeting international compliance standards and regulations. Rikeza (RIK) employs an innovative hybrid Proof-of-Work/Proof-of-Stake system that layers security and carefully aligns incentives. This system yields the best of both worlds, making it an order of magnitude more expensive to attack than pure Proof-of-Work or pure Proof-of-Stake.
Rikeza (RIK) solves the greatest challenge faced by existing blockchains: the need for more and more energy to achieve consensus.
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.
Staking your coins is a great way to support the network. Those who keep their wallet open will get returns of 20% per annum.
With easier hardware requirements and the opportunity to pool, more people will be able to join the network. This will make Rikeza (RIK) more decentralized and secure by decreasing the attack surface area.
It's fast, you can send money to anyone in the world within seconds. Any transaction can be confirmed in a block (on average) in 60 seconds unlike an hour required in Bitcoin.
Rikeza (RIK) is the most widely integrated digital-to-fiat currency today. Buy, sell, and use Tether tokens at major exchanges and service providers.
Rikeza’s built-in governance systems empower its community with formal rights to make consensus changes and manage project-level decisions. These systems make Rikeza (RIK) adaptable, allowing it to evolve per the will of the stakeholders, resist forks and incorporate new technology over the long run.
To ensure the sustainability of the blockchain networks using Rikeza (RIK), the protocol features an incentive mechanism that rewards network participants for their participation.