BLOCKCHAIN WORLD NEEDS
The first practical
smart contract in the World
RealTract Network is an all-in-one platform for multi-tiered Smart Contract 2.0 utilized for a wide range of real-life use cases and achieve blockchain mass adoption. It focuses on privacy and portability with the latest decentralized technologies in oracle, storage, data science, fiat payment and more to form a complete ecosystem.
Smart Contract 2.0
- RealTract Chain (RETchain) is based on ETH 2.0 (PoS) and further upgraded into Proof-of-Honor (PoH), which uses HodgeRank to rank nodes based on the amount of Stakes and amount of Transactions to encourage DApp developers to serve as many users and generate as many transactions as possible. PoH also adopts an advanced incentive system to eliminate all cheating & slacking miners to preserve the longevity of the blockchain network, and adopts a smart free-gas policy called “GasStation” which is more advanced than TRONX to make blockchain transactions cheaper while evenly anti-spam and incentivizing to miners.
- Smart Contract 2.0 ("Smart Contract For Everyone”) is introduced with a multi-tiered structure and preset templated for non-technical users to deploy to RETchain. These smart contracts can be plugged into the latest decentralized technologies (such as IPFS, ChainLink, etc.) in the blockchain-verse to serve real-life use cases.
- A privacy protocol on RETchain called Sec.RET was invented as the first in the world to have scripting tools to support smart contracts and provide “privacy on demand” (instead of “privacy by default”), bringing blockchain closer to mass adoption.
Key Highlights of RETchain