RaiBlocks, a cryptocurrency with a novel block- lattice architecture where each account has its own blockchain, delivering near instantaneous transaction speed and unlimited scalability. Each user has their own blockchain, allowing them to update it asynchronously to the rest of the network, resulting in fast transactions with minimal overhead. Transactions keeps track of account balances rather than transaction amounts, allowing aggressive database pruning without compromising security. To date, the RaiBlocks network has processed 4.2 million transactions with an unpruned ledger size of only 1.7GB. RaiBlock’s feeless, split-second transactions make it the premier cryptocurrency for consumer transactions.
RaiBlocks achieves consensus via a balance-weighted vote on conflicting transactions. This consensus system provides quicker, more deterministic transactions while still maintain- ing a strong, decentralized system. RaiBlocks continues this development and has positioned itself as one of the highest performing cryptocurrencies.
XRB Official Website: https://raiblocks.net