“To become a blockchain solution with industrial-scale utility, RChain must provide content delivery at the scale of Facebook and support transactions at the speed of Visa.
After due diligence on the current state of many blockchain projects, after deep collaboration with Ethereum developers, and after understanding their respective roadmaps, we concluded that the current and near-term Blockchain architectures cannot meet these requirements.
In mid-2016, we resolved to build a better blockchain architecture.”- RChain Platform Architecture
RChain is driven by a global network of virtual machine instances. Each virtual machine is concurrent and fully-independent, executing Blockchain-based programs, or “smart contracts”, for small portions of the total system space. As the platform scales, new machine instances are automatically generated to manage the load.
Where coordination between machine instances is necessary, a decentralized content-delivery layer transmits and manages network content, optimizing data affinity and locality for high-performance, content-based routing.
This network behaves as a single entity, allowing the platform to scale linearly while keeping performance, consistency, and code complexity constant.
Namespace Logic
The address space of each virtual machine is partitioned into many self-sufficient units known as Namespaces.
RHOLANG
The contracts within each namespace are internally concurrent, leveraging a message-passing paradigm to optimize parallelism and responsiveness, while also supporting meta-programming capabilities in a distributed setting.
In addition to concurrency, smart contracts enjoy a number of unique, industry-leading language functions such as:
Reactive Data Streams
Structural Pattern Matching; and
Behavioral Types
As a result, RChain contracts achieve a level of throughput that is unmatched by any other decentralized platform.
RChain Holdings
RChain Holdings supports startups and joint ventures building decentralized and enterprise-connected applications by providing funding, mentoring, and consulting services.
Published at Sat, 08 Apr 2017 17:06:26 +0000
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By O’Reilly Conferences on 2015-01-27 14:53:55