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Fee-less blockchain applications – Rutile – Medium

Fee-less blockchain applications – Rutile – Medium

The current state of the blockchain

Using blockchain for your applications is currently expensive and bad for user experience.

The blockchain is great for generating trust and transparency around your application. But it suffers a lot of issues for the user. And using the blockchain can get confusing very quickly. Which ends in user frustration and possible loss of money.

Take for example Ethereum, one of the most popular decentralized application platform:

  • The user needs to install a browser extension.
  • The user needs to understand what gas and gas prices are.
  • The user needs to acquire Ether from a trusted source.
  • Slow transaction confirmation.
  • Possible loss of money due to user errors.

Even for in-house build applications, you have to train your employees to understand this.

Entering Rutile

Rutile is a public decentralized app platform focused on a better experience for the user.

It’s truly important to focus on a great experience for your user. By eliminating fee’s for using a Dapp the usage becomes much simpler. Rutile does this by using similar technology as blockchain called the Directed Acyclic Graph. The DAG offers great scalability, no transaction fees and is simpler to use. This all without sacrificing security.

Rutile compared to Ethereum:

  • No need for a browser extension.
  • No need to understand what the technical terms mean.
  • Tokens are not needed for operating the chain.
  • Fast transaction confirmation.
  • No money lost due errors.

Published at Fri, 15 Mar 2019 12:13:15 +0000

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