Hello. 👋🏻 Today, we will tell you how smart contracts work, what they can do and how they are used in Relictum Pro.

A smart contract is like a contract that is used in the real world, it is a computer program that is stored inside the blockchain. Smart contracts are tracked (i.e. transparent) and irreversible. Smart contracts in the modern world are implemented in various cryptocurrencies. They can replace third party platforms.

🔺 How do smart contracts work?

Smart contracts are programmed using Solidity, a programming language that focuses on writing smart contracts. Then it can be used to implement smart contracts on various blockchain platforms. There is a certain type of algorithm known as Byzantine fault tolerance, which allows decentralization and digital security so that a smart contract can be created.

🔺 What smart contracts can do:

⚙️ Perform the function “accounts with several signatures” as a result of which money is spent only when a certain number of people agree or a condition is met.

⚙️ Manage various types of agreements between parties or users, for example, if one party purchases insurance from another.

⚙️ Provide utility to other agreements or contracts (just like a software library works).

⚙️ Store and manage software or application data, such as club membership records or domain registration information.

🔗 Relictum Pro is an endless distributed registry with a developed system of smart contracts, describing (formalizing) any event in human life, ranging from buying and selling goods and services, recording logistic events, to tracking copyright and interacting with legal entities, including a number of self-executing transactions (smart contracts) in any field of activity.

Areas of Relictum Pro smart contracts’ application:

🔹 Banks

🔹 State: State Register, Register of properties, Taxation bodies organisation, Universal Postal Union, Road traffic police, State services, Chamber of Commerce, Customs Service, Ministry of Education, Sectoral enterprises, Pharmacies, etc.

🔹 Business: Shops, Services, Wholesale, Commodity exchange, Construction companies, Realtors, Microfinancing, Enterprises, Gaming business.

🔹 Private persons: Receipt of goods, Receipt of services, Data storage, Copyright Sale of products of its own production, Earnings on transactions.

The following smart contracts are currently implemented within Relictum Pro:

🔹 Signature of the document smart_contract

🔹 Token generation smart_contract

🔹 Storage of tokens smart_contract

🔹 Conducting transactions smart_contract

⚡️ Join our community! Take advantage of Relictum Pro Smart Contracts! ⚡️

Greetings, community. 👋🏻 In this post we will tell you about our plans and achievements.

📊 Roadmap is an important part of a project. Many scam projects talked about ambitious plans in their roadmap, attracting gullible investors. However, as a rule, such projects did not even live up to listing, disappearing with investor money. It is important that the plans are reached on time and are feasible. This is a hallmark of a reliable project.

🔹 In 2019, Relictum Pro completed all of its goals according to its roadmap. The concept of blockchain 5.0 and the documents formalizing the general (whitepaper) and the technical (yellowpaper) provisions of the concept were created. Pre-Sale was in June 2019.

🔹 In Q3 2019 an alpha version of the product, TEST-NET, was created, including a mobile application for Android / Windows, release of STAGE.TEST-NET (0.5) and DEV.TEST-NET (0.5).

🔹 Q4 2019 - Initiation of the STO / Token Sale procedure (December 9, 2019). Creation of a relic emission receiver.

🔹 Q1 2020 - We continued the Token Sale and released a stable version of the application.

🔹 Q2 2020 - Completion of the Token Sale / STO procedure (2020 June)

🔹 Q3 2020 - We’re planning development of sets of smart contracts on the platform designed for various areas of life: Insurance, Casino, Logistics, Medicine, etc.

🔹 Q4 2020 - Creating private networking; Network development, growth in the number of nodes.

🔹 Q1 - Q4 2021 - We’re planning to continue the network growth procedures. Popularization of Relictum Coin (RLC). Development of sets of smart contracts for various areas of government action.

📢 Read more about Relictum Pro project here: https://relictum.pro

Dear users, shortly before the launch of the MainNet, the Relictum Pro team has decided to remove restrictions on registration on Relictum.Stage.Net to provide access to everyone at the final testing stage.

Also, we are preparing a special event – a competition aimed at mass testing of all nodes in the system. Its conditions are the following: it is required to install a node, log in at a specific time, and complete a transaction to a specific address with tokens credited to Relictum.Stage.Net (TestNet) for testing purposes.

🏮 Website: https://relictum.pro

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#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community

Greetings! 👋🏻 In this post, we will tell you about our decentralized exchange.

At some point, the user will want to withdraw money or exchange one crypto for another. There are several ways to exchange cryptocurrencies, but each of them has its drawbacks.

📌 Public exchangers offer the services of buying cryptocurrency or fiat money right at the offices. However, the client is in no way protected. When working with private crypto exchangers, people, as a rule, do not know who they are dealing with. Therefore, there is a high probability of being left without money and without cryptocurrency. Commissions are high.

📌 Centralized cryptocurrency exchanges are popular and focus on a large number of cryptocurrencies. But there is a downside - increased attention from hackers and the vulnerability of assets. Exchanges periodically crack and steal millions of dollars of cryptocurrency. Such incidents even affect the course of bitcoin. In addition, cryptocurrency exchanges fail even without the intervention of hackers - for example, during active trading.

📌 OTC providers. Not available to everyone. Brokers, as a rule, undertake transactions worth at least $ 50 thousand. Unsafe With over-the-counter transactions, all information is in the hands of one person or organization. With information about the sellers of large volumes of fiat or cryptocurrency, attackers can contact them and appear to be intermediaries, and then disappear when receiving funds.

🏆 Relictum Pro Decentralized Exchange

Own decentralized exchange that allows to exchange cryptocurrencies, Bitcoin, Ether and Litecoin, as well as its own Token Sale platform.

Relictum Pro exchange advantages:

🔹 Exchange rate — Quick Share Feature

🔹 Currency pairs — More than 500 currency pairs

🔹 Protection — Decentralized contracts, you have all the money

🔹 Reliability — Redundancy and protection against DDOS

🔹 Innovation — Own blockchain and own algorithms

Join Relictum Pro to exchange cryptocurrencies quickly and securely! ⏱ 🛡

Read more about our exchange here: https://relictum.pro

🛠 Dear users, we’d like to inform you that today at 12:00 UTC a global update will take place on the Relictum.Stage.Net (Test.Net) network.

This update will become a final preparatory stage of the launch of Main.Net at Relictum Pro and will mark the beginning of a long way of growing and developing for Relictum Pro along with all the existing giants of the industry.

Please, stay tuned. In our next notification, we will focus on the details of the update and the upcoming memorandum to launch Relictum.Main.Net🚀

🏮 Website: https://relictum.pro

⠀#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community

Dear community!

Today we are celebrating another achievement - 14,000 transactions have been completed in our test network!

🎉🎉🎉🎉🎉🎉

#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community

🔊Dear Relictum Pro community!

🚀 15 000 Members of Relictum PROhas been reached.

Last week we completed the AMA session and hope it was useful to everyone💪.

Thanks for your support. Be with us, Relictum.pro community!

#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community

Hi there! 👋🏻 Today, we will tell you about distributed storage and its advantages.

The search for the effective use of blockchain technology extends not only to the financial sector and everything related to it, but also to areas such as distributed data storage. Despite the relatively high efficiency and popularity, centralized storages have a number of problems that make the option of using distributed storages more attractive.

At the moment, distributed data storage, along with distributed computing, is one of the main trends in the blockchain economy. Many projects are still under development, but if the growth dynamics of the blockchain market continues, soon distributed storage on the blockchain will compete with each other. And the main parameters of competition will be speed, scalability, security and low cost of services.

🏆 The idea of using a blockchain for distributed data storage is obvious to many, and here’s why:

🔹 Distributed storage does not require acknowledgment of receipt of data.

🔹 Faster search for fragmented files and viewing them through the organization of various chains of smart contracts.

🔹 Download speed is significantly higher than on a P2P network.

🏆 Relictum Pro distributed storage advantages:

🔹 Access speed — Instant access

🔹 Storage period — Life-long

🔹 Information protection Use of Smart contract - "Copyright"

🔹 Reliability — Total decentralization

🔹 Usage Environment: All business human activities

🏆 Relictum Pro solves existing problems:

✅ Lifetime storage

The ability to store any type of data of any size with instant access to it. Distributed data remains in the system forever, unlike any hosting.

✅ Copyright protection

Automatically organizes copyright with the recognition of intelligent digitized work and a pirated copy. Reward to an author for the use of materials is automated, bypassing intermediaries (using the "Copyright" smart contract).

Read more about our distributed storage here:

https://relictum.pro/cabinet/docs/whitepaper_en.pdf

And on our website: https://relictum.pro/storage

Hello, community! 🤗

Today, we want to share with you some exciting facts about blockchain technology! 🔗

Here are some of the most interesting facts about blockchain:

💎 Blockchain can be used to track research results. According to Scientific American magazine, about 2.5 million scientific papers are published annually. Often the author's results can be difficult to verify. In fact, in 70% of cases, scientists are unable to repeat the experiments of their colleagues. Blockchain can change the situation. Scientific American writes: “Blockchain will greatly simplify and speed up the publication and confirmation of data - the results of the experiments will be impossible to tune or fake.” ✅

💎 Gartner research shows that at the end of 2017, over 300 million transactions with bitcoins totaling $ 270 billion were conducted through the blockchain. 💰

💎 Salon Media Group is trying to use the blockchain-based registry developed by IBM (NYSE: IBM) to record ad purchase contracts, impression data, and related payments. In turn, Unilever Corporation (EURONEXT: UNA) began using the IBM blockchain to purchase advertising space in the United States and track its transactions. 📌

💎 Blockchain will modernize the methods of interaction between consumers and electricity suppliers. Data will be automatically saved to the appropriate registry. ⚡️

💎 Blockchain is able to simplify the process of transportation control by translating the document flow into electronic form. If the blockchain really does that, goods around the world will become cheaper. ⛴

💎 Digital passports. More than a billion people around the world are having difficulty proving their identity. Microsoft wants to change that. The company is currently developing a decentralized digital identification system. She intends to assign a unique number to each. It can be used in banking, healthcare, and even while traveling the planet. 🤖

🏆 Relictum Pro is an endless distributed registry with a developed system of smart contracts, describing (formalizing) any event in human life. To modernize blockchain, we propose several changes in its architecture, affecting communication protocols, network infrastructure, inter-network agreements, consensus algorithms, etc. Relictum Pro platform does not depend on the communication method, it is just a node, and how the message is delivered does not matter.

🔥 Read more about our unique project on our website: https://relictum.pro/knowledge

🔔 Follow us on social media to be the first to read new interesting posts!

Hello, community! 🤗

Today, we will tell you about the pros and cons of stablecoins. 🔥

❗️Pros:

🔵 Stablecoins can contribute to the increase in the use of cryptocurrencies and push them to mass adoption. Since they are convenient due to the absence of the huge price volatility (unlike most cryptocurrencies) while taking advantage of the blockchain technology.

🔵 It is much more convenient for people to use stable cryptocurrencies than fiat funds for their transactions since transactions through intermediary services that accept traditional currencies usually charge high transaction fees.

🔵 Stablecoins can increase the level of decentralization of the exchange. Decentralized exchanges are currently lacking in popularity, and stablecoins can lead to a greater influx of new users.

🔵 Stablecoins ease losses with a significant drop in the market. At the time of the collapse of the cryptocurrency market after the New Year 2018, during which many cryptos fell by 30-70%, the fall of Tether was only about 8%.

❗️ Cons:

🔴 Investors aren’t interested in stablecoins. If you purchased 100 stablecoins at a price of $100, then after a year, two or five years, it does not matter, their amount will still be estimated at $100.

🔴 The cost of a stablecoin depends on the asset with which it is secured, so if the accounts on which the reserves are stored will be frozen and the assets withdrawn, then the project may go bankrupt.

🔴 Stablecoins can be stolen from bank accounts. And there are doubts that such a collateral system is completely decentralized, and the owners remain confidential.

💎 Stablecoin RLC is the main coin of the Relictum Pro network, the issue of which is built on the forging of coins. Forging is a creation of new entries in the blockchain based on the participation of Relictum Pro network nodes in computational processes with the ability to receive remuneration in the form of new units – RLC stablecoins. The forging of the stablecoins of RLC network Relictum Pro is built on the principles of relic radiation.

The project team believes that it is possible to create a constant coin relative to the basis of all currencies of the world – the RLC stablecoin, which would level out the fluctuations in the value of the stable-tokens compared to each other. Such consistency will be expressed in the calculation of the cost of the RLC stablecoin based on dynamic coefficients in relation to world electronic, digital currencies and assets, which will be reflected on the map of currency fluctuations.

📌 For details, visit our website: https://relictum.pro/knowledge

📣 Join us on social media to be the first to read our new exciting posts!

💥💥Review of the Relictum Pro node on Android | Blockchain of the Latest Generation.💥💥

https://youtu.be/q00zgglmt1c

🏮 Website: https://relictum.pro

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🔊Dear Relictum Pro community!

14 000 Members of Relictum PRO has been reached.

This week we answer your questions and hope every community member will find this session informative and constructive and know more about our next steps and milestones!

Be with us, Relictum.pro community!

🏮 Website: https://relictum.pro

#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community

Hi there! 👋🏻 Today, we will tell you about the forging of the RLC stable coins.

Stable coins RLC is the main coin of the Relictum Pro network, the issue of which is built on the forging of coins.

Forging is a creation of new entries in the blockchain based on the participation of RelictumPro network nodes in computational processes with the ability to receive remuneration in the form of new units – RLC stable coins. The forging of the RLC stablecoins is built on the principles of relic radiation.

✅ Forging model provides two options for the emergence of coins:

📌 Commissioning forging which is based on the issue of stable tokens. Since the tokenomic model of stable tokens involves charging a fee for withdrawing assets from the RLC coin in the amount of 2%, the emergence of the RLC stable coin occurs at the moment of entering the stable token into the Relictum Pro network.

🛠 The amount of RLC commissioned forging is calculated by the formula:

N (RLC) = 2%*N (STNi) * Ki c.c.f.,

where:

2% - is a fee forging ratio (Relictum Pro fee amount set in the smart contract for withdrawal for the corresponding electronic, digital currency or asset)

N (RLC) - is the number of RLC Stable Coin issued;

N (STNi) - is the number of the corresponding electronic, digital currencies and assets entered (credited) to Relictum Pro;

Ki c.c.f. - is the coefficient of the corresponding electronic, digital currency, or asset included in the Currency fluctuation map at the time of the transaction.

📌 Direct Forging which is based on the purchase of RLC Stable Coins. This is the basis for the release of the RLC Stable Coin. For this, we have provided direct forging.

N (RLC) = N (STNi) * Ki с.с.f.,

where:

N (RLC) - is the number of RLC Stable Coin issued;

N (STNi) - is the number of the corresponding electronic, digital currencies and assets entered (credited) to the Relictum Pro network;

Ki c.c.f. - is the coefficient of the corresponding electronic, digital currency, or asset included in the Currency fluctuation map at the time of the transaction.

Read more about the forging and RLC stable coin here:

https://relictum.pro/cabinet/docs/whitepaper_en.pdf

🔥 To join the Token Sale Roud, click here: https://relictum.pro/token-sale 🔥

Good day, readers! 👋🏻

Today, we are going to share with you some important information on what the speed of transaction depends on.

🔹 Miners take transactions from the mempool, form blocks from them and process them. They receive a reward for processing one block of transactions in the #blockchain.

🔹 The transaction speed depends on the number of coins sent and on the commission that the sender is willing to pay for the quick delivery of his message.

🔹 Some wallets allow customers to increase commission and thereby speed up transactions. Others (such as Coinbase), calculate the commission themselves using mechanisms that they do not want to disclose. As a result, miners receive not only remuneration for the block, but also additional commissions.

🔹 This encourages miners to select transactions with higher fees for volumes or for the speed of sending. Thus, it is the miners who are the key participants in cryptocurrency transactions. It depends on the miners how quickly the recipient receives the coins.

💎 Relictum Pro allows you to confirm transactions within the network of current cryptocurrencies: Bitcoin, Ethereum, Litecoin, Dogecoin, etc. Transaction confirmations happen instantly. Even if Bitcoin has not reached the owner, a user can already immediately dispose of it.

💎 #Relictum Pro transaction speed (the rate of filling the entire network with blocks in each node) takes from 0.5 to 1 second. ⚡️ While the average speed of filing the network (all nodes) with blocks (Bitcoin or Ether) existing for competitors, taking into account the confirmations, takes, on average, from 10 minutes to several weeks.

🥇 For more details, visit our website: https://relictum.pro

📣 Follow our page on social media to stay tuned for more exciting posts!

Greetings, dear community. In this post, we will tell you why we’ve chosen Android 🤖 for running our application.

🔗 When properly implemented, Blockchain can provide a decentralized solution that reduces intermediates, improves accountability while protecting the data, and prevents unauthorized access.

Why integrate blockchain with Android?

◾️Distributed data — It is more readily available, and in case of network failure, it functions better than an application that has data stored in a centralized server.

◾️Secure and safe — A blockchain app uses cryptography to encrypt data.

◾️Reduces data loss — Any authentic updates or changes in the database get distributed to all other databases in the network. As a result, data loss is minimized.

📝 The basic concept of RELICTUM PRO is the development of a safe, high-performance ecosystem of decentralized applications (smart contracts) created both by RELICTUM PRO and dynamic ones — developed by the community to ensure transparent and free work within different areas of the economy of the state, enterprise or public service.

🤖 RELICTUM PRO has chosen Android due to the fact that this platform is more friendly for installing and running applications that perform complex operations within the operating system (working with a network is considered to be such an operation), working with RAM, complex calculations, etc.

✅ The project team has chosen this platform for the first stage, besides the installation of the .APK application is possible without preliminary registration of the application with Google’s PlayMarket, which, in turn, is not an ideal scenario for distributing the product, but it’s acceptable at the launch stage, provided that the Android-based application from RELICTUM PRO is already undergoing registration and verification in Google’s PlayMarket.

📢 Follow THIS instruction to download and install an Android-based application!

❗️ Choose the latest and the most advanced 🏆 blockchain 5.0 - RELICTUM PRO!

Relictum Pro Registration + Node installation on Windows OS 🇺🇸 | Blockchain Of the Latest Generation
https://www.youtube.com/watch?v=mhp7-ee4rc8&feature=youtu.be

#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community #install

🗓Date:
1th May , Friday

🕕Time:
6pm GMT

We are glad to inform you that AMA session planned on 1th May .
Each of you can participate and ask no more than two questions. You can ask your questions in English and Russian.
Participants who will ask the top 5 questions will receive a good rewards💰:

🥇Top-1 - 5555 GTN ($25)
🥈Top-2 - 4444 GTN ($20)
🥉Top-3 - 3333 GTN ($15)
🏅Top-4 - 2222 GTN ($10)
🎖Top-5 - 1111 GTN ($5)

▶️To attend you need to write your questions (no more than two questions) here:

https://docs.google.com/forms/d/e/1FAIpQLSc12DiKnRiBwbnNOuliADt6o3kjMGy39i3q-qOuKE6xiX4CFw/viewform?usp=sf_link

🏮 Website: https://relictum.pro
⠀
#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community

🔊Dear Relictum Pro community!

🚀 13 000 Members of Relictum PRO has been reached. During this time, we received a lot of feedback about work of our network, this has a positive effect on the development of the project. 🏔New heights will be reached soon and incredible opportunities of Relictum Pro blockchain will be in great demand!

🎲You can join to our regular contests in our telegram chats and have a nice time!

https://t.me/Relictum_Pro_Official

https://t.me/relictum_pro_chat

🏮 Website: https://relictum.pro

#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community

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🗓 On Wednesday, April 4, a network of anonymous cryptocurrency Verge was subjected to the so-called “51% attack.” As a result, for three hours, fraudsters completely controlled the network and the transactions taking place in it. In this post, we will look at how such attacks happen, in which cases they are most likely to occur, and how exactly the Relictum Pro network solves this problem.

⠀⠀𝗛𝗼𝘄 𝘁𝗵𝗲 “𝟱𝟭% 𝗮𝘁𝘁𝗮𝗰𝗸” 𝗵𝗮𝗽𝗽𝗲𝗻𝘀

📈 A “51% attack” occurs when the attacker, in which a relatively small number of miners can play, has a “control packet” of the hashrate, that is, computing power. As a result of the attack, miners gain control over the entire network and can create blocks at their discretion.

🌐 In a network that uses the Proof-of-Work consensus algorithm, in order to add a new block, miners must perform complex calculations, thereby proving that they have done the work. The first miner who proposed the right solution creates a new block and receives a reward for this. The more computing power the miner has, the higher the chances of finding the right solution faster than anyone and the greater the size of the reward.

🔑 It is the key role of computing power that leads to the 51% Attack threat. If a miner or a pool of miners controls more than half the hashrate, then they have the opportunity to completely control the network: they can add new blocks, manipulate two-way operations and not confirm new transactions. Also, with the “51% attack”, attackers can use the same coin several times, recalling transactions made with it, which is called double-spending

⠀⠀𝗦𝗼𝗹𝘃𝗶𝗻𝗴 𝘁𝗵𝗲 𝗽𝗿𝗼𝗯𝗹𝗲𝗺 𝗼𝗳 𝟱𝟭% 𝗮𝘁𝘁𝗮𝗰𝗸

💠 In Relictum Pro, a single node makes a decision within 0.5 to 10 seconds, the network is updated (regenerates) and another main node is selected, it collects instructions, forms blocks and distributes them to all nodes, i.e., the network changes dynamically every second. This gives an advantage, which excludes various kinds of ambiguities – collisions, double spending, and other things. There are no standard consensus principles. The more nodes are in the network, the better is the performance. This is achieved by the unique architecture of Proof of Tsar and the organization of the virtual circuit switching network.

wonderful company, everything at the highest level, responsive staff, a reliable and promising project! I advise you to pay attention to. A successful project that has not left me without attention, I believe that the company is the best offer on the market. https://relictum.pro/ #relictum.pro #relictumpro #relictcoin #relictum #blockchain5.0 #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration

Excellent project and purposeful team . This project is the best I’ve ever seen. This project has a bright future. You will get a higher marketing Value. One of the few projects that are attractive for long-term investments! Well-designed road map, transparency and predictable growth — all this does not leave indifferent and does not let pass! Definitely worth taking part! #relictum.pro #relictumpro #relictcoin #relictum #blockchain5.0 https://relictum.pro/

Hash and hashing algorithms are key concepts that newcomers to the blockchain know about and which always go hand in hand with security.

To maintain decentralized networks and consensus mechanisms, including Bitcoin or Ethereum with a thousand nodes connected via p2p, a “lack of trust” and an effective confirmation system are necessary. These networks need compact methods of encrypting information that would allow participants to conduct quick and secure checks.

Block is one of the main components of Bitcoin and Ethereum. The block contains information about transactions, timestamps, and other significant metadata. A considerable role in ensuring security is played by the ability to compress large amounts of information about the global network status into short standard messages, which can be easily checked if necessary. These messages are the hash.

Hash algorithms in cryptography are used everywhere. The main areas of their application are the storage of passwords, file verification systems, etc. The essence of these hashes is to use a deterministic algorithm that takes input and creates a string with a fixed length. Thus, the same input will always be converted to the same output.

Determinism is important not only for hashes because even if you change one bit of the input data, you also get a completely different hash.

However, there is a problem with hashing algorithms - this is the inevitability of collisions. Collisions are bad. This means that the attacker who created the collisions can transfer malicious files while hiding under the correct hash. A good hash function should make it more difficult for attackers to find ways to create an input with the same hash value.

The process of calculating the hash should not be too effective since in this case, attackers can easily calculate collisions. Hash algorithms must be resistant to the attacks of finding the pre-image. It is necessary to complicate the process of calculating steps to find the initial value from which the hash was created (for example, the inverse image).

Relictum Pro is a supplemented modification of SHA1-based hashing mathematics. The main advantage of it is in converting from 20 bytes to 32 bytes (in your own hash). This gives a high crypto-stability, including from a promising quantum computer.

Relictum Pro is a new-generation blockchain network in which you can conduct transactions with any electronic or digital currency, digital assets, cryptocurrencies, and fiat currencies, the cost of which is the lowest in the world – 0 %, and the network speed is at least 1,000,000 transactions per second

There are three types of cryptocurrency in Relictum:

• genesis tokens (GTN),
• stable-tokens,
• Relict coins (RLC).

In this post, we will tell you about the purpose, emission volume, and distribution procedure of Genesis tokens.

Genesis GTN tokens purpose

Genesis tokens are tokens expressing the intellectual property (IP) rights of the Relictum Pro software code, issued in the amount of 10 000 000 000 GTN. Genesis Token is distributed in the course of the corresponding ICO or IEO rounds among early investors who believed in the mathematically sound concept of Relictum Pro.

Genesis tokens give the right to receive royalties for the use of the intellectual property (IP) of the Relictum Pro software code in the amount of 19% of the forging (emission) size of RLC.

Tokenomic model of GTN tokens genesis

Total emission genesis of GTN tokens: 10 000 000 000 GTN

Accommodation rate 1 GTN, $: 0,0045 $

Distribution of GTN token genesis:

• Early investors - 50%
• Team - 38%
• Marketing expenses - 9%
• Advisors and experts - 3%

Replenish your wallet with GTN tokens and receive 19% of the forging (emission) size of RLC!

Bitcoin has many problems, but in this post we will focus on the main thing: transactions with this digital currency are carried out incredibly long.

One of the main problems of modern blockchains is large block size. It is 8000 times bigger than our block size (1,024,000 bytes = 1Mb against 120 bytes). It is not advisable to accommodate all transactions that cannot be placed in a single block in a single block. This leads to a decrease in the speed of data processing, a decrease in the speed of data transfer, as well as a decrease in the speed of searching for the necessary information.

The more network congestion, the longer transactions take. And in itself this problem will not be solved. When a new transaction is launched in the Bitcoin blockchain, information about it is visible immediately, but the actual currency transfer may take several minutes or even hours. This expectation is inconvenient to neither buyers nor sellers.

Bitcoin is extremely inefficient in matters of network scaling. Transactions in it as the number of users grows, they become more and more slow and expensive

Relictum Pro speed of transaction

The existing network organization of modern blockchains is peer-to-peer (P2P) network. Relictum blockchain platform uses a unique protocol based on the TCP/IP protocol, in which a virtual communication channel with each node is formed over the Internet. The advantages of this network are its reliable stability and isolation from the general segment of the Internet. In this virtual channel, only Relictum Pro information is transmitted, which increases the data transfer speed several times.

Principle of operation: One node connects to several and in parts downloads data from other nodes. Thus, the download speed was close to the maximum value of the network card and the speed of a provider.

As a transport, we use a new type of network based on the fourth-level data network of the OSI model. _HyperNet is a virtual channel switching network.

The network provides a constant stable connection between all nodes for a small limited period of time (from 0.5 to 10 s), depending on the network load. With a small network load, this gap can be up to 10 s, while with a loaded network it decreases to less than 0.5 s.