Blockchain
LBank Exchange Will List Rubix (RBT) on March 23, 2022
Internet City, Dubai–(Newsfile Corp. – March 21, 2022) – LBank Exchange, a global digital asset trading platform, will list Rubix (RBT) on March 23, 2022. For all users of LBank Exchange, the RBT/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on March 23, 2022.
Figure 1: LBank Exchange Will List Rubix (RBT) on March 23, 2022
Blockchain protocols such as Bitcoin and Ethereum with exhaustive mining-based Proof-of-Work consensus algorithms often cause high latency, low throughput, and high transaction costs, while Proof-of-Stake consensus protocols suffer from concentration and security issues. Designed to address these shortcomings, the Rubix (RBT) introduces Proof-of-Pledge protocol and Proofchain that processes transactions in an asynchronously parallel manner, making it highly scalable, superfast, and eco-friendly. Its native token RBT will be listed on LBank Exchange at 20:00 (UTC+8) on March 23, 2022, to further expand its global reach and help it achieve its vision.
Introducing Rubix
Rubix is an L1 blockchain protocol consisting of thousands of Proofchains that always compose to one global state without needing centralized coordinators. The architecture is modular where apps/enterprises can build subnets, merge them, detach them, all on a public chain with one swarm key.
Rubix is built to facilitate decentralized applications that power real world commerce at significant scale on a decentralized network. Subnets and App chains can be built easily on Rubix decentralized public chain at zero gas fees. It introduces Proof-of-Pledge (PoP) protocol which leverages the best of Proof-of-Work and Proof-of-Stake while avoiding their failings. The mining protocol of Rubix is eco-friendly and lightweight enough to run on laptops, desktops and VMs.
The Proofchain of Rubix processes transactions in an asynchronously parallel manner, each transaction achieves finality on its own without waiting to be pooled with unrelated transactions, which makes it superfast. Moreover, 6.8 million Proofchains can scale now concurrently and in parallel on Rubix, while every node can be in a private subnet, yet always add up to one global public state, providing privacy, immutability and global provenance.
In addition, Rubix features a post-quantum cheating immune algorithm that facilitates multi-party computation (MPC) using non-linear secret sharing (NLSS), and it’s the only chain where every wallet starts with a pseudonymous, programmable Decentralized Identity (DID) at L1, so that users can build Apps with immutable and secured identities.
With these advanced features and technologies, the community of Rubix is building various projects currently, such as ESG/carbon credit provenance, smarter NFT platforms with lower gas fees and higher security, smart toll management solutions for fraud prevention, property tokenization in Metaverse and real estate, secure CBDC subnets and stablecoins with lower fees, decentralized DNS/MFA/KYC solutions, and so on.
About RBT Token
RBT is the native utility token of Rubix, which is a must to perform a peer to peer transaction on the chain, and also used as reward to incentivize miners. It’s capped about 51.4 million in total, tokens are mined in perpetuity, but with a long tail.
With Rubix’s breakthrough Proofchain architecture, the network does not require expensive miners or overpowering stakeholders with proof of stake protocols to maintain the network integrity. Rubix node can be set up even on a laptop with basic specifications, most computing nodes in the world would be eligible for being a miner. Early app developers can earn pre-created tokens based on the velocity of transactions on their applications. Validators also can earn utility tokens based on their proofs of pledge.
RBT will be listed on LBank Exchange at 20:00 (UTC+8) on March 23, 2022, investors who are interested in Rubix investment can easily buy and sell RBT on LBank Exchange by then.
Learn More about RBT Token:
Official Website: https://rubix.net
Telegram: https://t.me/rubixblockchain
Twitter: https://twitter.com/rubixchain
Facebook: https://www.facebook.com/RubixChain
YouTube: https://www.youtube.com/channel/UCZo1UhNr_gFbXG2QyMqH1Hg
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.
Start Trading Now: lbank.info
Community & Social Media:
l Telegram
l Twitter
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l Linkedin
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
PR Contact:
ZEXPRWIRE
[email protected]
Blockchain
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Blockchain
This Week in Finance News: 11 Stories You Need to See
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
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This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems. - Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
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The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
- Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
- Finaya Unveils Nationwide Homeownership Platform
From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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