About Roburst Network
Our goal is to resolve the problem that impacts many other cryptocurrencies: the transaction time. Our target is to complete transactions in less than a second.
Cryptocurrencies are slowly entering in our daily life since the emergence of Bitcoin in 2008. We have seen many different cryptocurrencies being released after that, each one improving the existing one on some aspects. Most of the solution introduced new problems and today we want to resolve those problems.
To do so we are presenting Roburst Network, a new blockchain based on iDPOS consensus algorithm. This will have the following consequences:
- Decentralisation: Thanks to the way iDPOS is designed we ensure a minimum number of delegates are signing the blocks.
- Energy consumption: Unlike PoW which requires a lot of energy to process transactions, PoS requires almost no energy.
- Transaction speed: our network can handle 100,000 transaction per seconds, this is more than Bitcoin, Ethereum or even Visa network.
- Transaction cost: With the high number of transactions the network can process the cost can be kept low while still remunerating the delegates. Furthermore the transactions inside Roburst Network will be sponsored and hence free for the user.
We are building our own blockchain using an enhanced version of the Delegated Proof-of-Stake consensus algorithm that we called intelligent Delegated Proof-of-Stake or iDPOS. iDPOS is based on BitShares DPOS with improvements on the voting system, the privacy and the transaction speed.
Thanks to iDPOS people will be able to use cryptocurrency in their daily life. Indeed, with the ability to process up to 100,000 transactions per second, we offer people a new choice for transferring their money in a fast, secured and transparent way. All this keeping the network decentralized.
Our project is organised around 3 main items:
- Roburst Trading Bot: a trading exchange linked to a bot that allow automatic trading. It can also be used in a manual way in which case the user receives regular market predictions directly on Telegram or Whatsapp.
- Roburst Card and ATM: we are planning to provide users with Roburst Card and deploy Roburst ATM in the major cities of the world. This card allows payment and withdrawal of FIAT cash directly from your Roburst Trading account.
- RoburstBridge: this will be used to connect different blockchains and deploy contracts that can interact with more than one blockchain.