/biz/ - Business & Finance

@riodefiofficial as a Blockchain technology company involving in Financial services as well uses GRANDPA'S Finality to ensure greater certainty of online payments, which are the basis of financial services on the chain.

@riodefiofficial as a Blockchain technology company involving in Financial services as well uses GRANDPA'S Finality to ensure greater certainty of online
payments, which are the basis of financial services on the chain.
@riodefiofficial as a Blockchain technology company involving in Financial services as well uses GRANDPA'S Finality to ensure greater certainty of online payments, which are the basis of financial services on the chain.

This is because we are more focused on $RFUEL

Change is inevitable, Development is paramount and as such @riodefiofficial Blockchain technology company's Rio Chain envisages upgrading from using Proof of Authority (PoA) to Proof of Stake(PoS).

@riodefiofficial Rio Chain also uses the GRANDPA consensus algorithm basically to verify the finality of the blockchain in other for the blockchain to have a greater degree of flexibility

@riodefiofficial Rio Chain uses the Aura Consensus algorithm for handling block data of all it's users making the blockchain have a greater degree of flexibility.

@riodefiofficial Rio Chain uses Proof-of-Authority (PoA) for instituting consensus, taking Substrate’s Aura (Authority Round) and GRANDPA (GHOST-based Recursive ANcestor Deriving Prefix Agreement) as it's consensus algorithms.

Changing @riodefiofficial Rio Chain Consensus Establisher from PoA to PoS will cause its consensus algorithm to switch from Aura to BABE (Blind Assignment for Blockchain Extension) which will better support the PoS requirements.

@riodefiofficial as a Blockchain technology company allows its Rio Chain to operate as a federated blockchain rather than a permissionless public blockchain, this is easier with its Proof of Authority Consensus model

@riodefiofficial as a Blockchain technology company has its users at heart and this has made them go with the choice of using Federated blockchain because of its faster speed and scalability benefit attached to it.

Transactions online always have a huge transaction fee attached to them but with @riodefiofficial Federated blockchain, transaction costs are very low, including the energy consumption is also low, making it more enjoyable to users of the blockchain.

Strong security, increased ability to provide data privacy features and work with regulated institutions, these are inclusive reasons for the adoption of the Federated blockchain by the @riodefiofficial Blockchain Technology Company, making it safe for users to use

@riodefiofficial has a lot of advantages for its users all over the world. Rio DeFi's Rio Chain, translates into 2 second block times, up to 3,000 transactions per second, and with no risk of 51% attacks. Safe for users.

Do you know @riodefiofficial Rio Chain only uses the base transaction fee method, which is currently fixed
at 0.1 Rio Fuel ($RFUEL), regardless of the transaction type. This is for the benefit of Rio DeFi's users.

@riodefiofficial and its Nodes are developed with RUST as it's created to be a language for highly concurrent and highly safe systems and programming in the large to be able to provide boundaries that preserve large-system integrity.

@riodefiofficial RUST programming language has a lot of attributes with which it's emphasis are laid on safety, control of memory layout, and concurrency of all Blockchain that uses Rio Defi.

@riodefiofficial allows for Rio Dapp Runtime Module because It gives more permission to the dApp developers, and it’s especially helpful if the Dapp developers want to build a system-level function(s).

GET YOUR $RFUEL NOW
@riodefiofficial Rio Dapp Runtime Module permits restriction on the third-party Dapp known as the Substrate runtime modules for Rio DeFi's chain to maintain stability and security.

To provide and also maintain stability and security of @riodefiofficial Rio Dapp Runtime Module Rio Defi put restriction as the cross-module invokes will be carefully evaluated and examined to verify that they do not pose any
operational or security risks on Rio DeFi's chains.

The use of Proof-of-Authority allows @riodefiofficial Rio Chain to carry out transaction throughput of up to 3,000 transactions per second, while existing Blockchains’ transaction throughputs rarely surpass a few transactions per second (around 5 TPS for Bitcoin and 16 TPS for Ethereum).

@riodefiofficial Rio Chain uses a Proof-of-Authority consensus protocol, and In PoA-based networks, transactions and blocks are justified by approved accounts, known as validators. Validators operate software, allowing them to put transactions in blocks.

Don't miss out on $RFUEL
@riodefiofficial allows it's Consensus to be hot-swappable, which means a blockchain can start with one consensus mechanism and switch to another down the line without any form of stress whatsoever. And this is to make Rio Defi more suitable for its users.

WITH $RFUEL NO WORRIES WE ARE ALWAYS HAPPY.
@riodefiofficial uses Polkadot ( a sharded blockchain based on the statement that the world will have various blockchains that need to interact) technology for Rio DeFi's cross-chain compatibility.

Blockchains all over the world have not been able to achieve scalability, security, and decentralization at the same time but @riodefiofficial uses Polkadot technology to unify these three together for better service discharge to our blockchain users.

@riodefiofficial Polkadot's Parachains builds and suggests blocks to validators on the Relay Chain, where the blocks can go through intense availability and validity checks before being added to the finalized chain, making transactions on Rio Blockchain guaranteed.