RichMind
It's the New Era of Reliable Chains
What is RichMind?
RichMind is a DPoS blockchain built with cosmos SDK and secured by Tendermint consensus algorithm. Through its well-integrated design, RichMind presents a top-notch set of functionalities with remarkably low transaction costs, combining valuable assets and cost-effectiveness into a unified and exceptional platform.
Decentralization
RichMind employs a decentralized structure that emphasizes both security and efficiency. Validators within the network take on a dual responsibility of suggesting new blocks for incorporation into the chain and affirming the legitimacy of blocks proposed by fellow validators.
These essential contributors are motivated by a reward system, recognizing their valuable contributions to the network's functionality.
Consensus
RichMind is a DPoS blockchain built with cosmos SDK and secured by Tendermint consensus algorithm.
Tendermint is a software designed to securely and consistently duplicate an application across multiple machines. By utilizing Tendermint, RichMind is safeguarded against malicious attacks.
Offline Staking
Offline staking allows users to keep their cryptocurrencies in an offline wallet and gain rewards on them without running a validator node or transfer their coins to a validator.
In essence, users just delegate their wallet addresses, the coins themselves remain in the owner’s wallet and can be used any time. It’s a great feature for hodlers and RichMind fans to increase their asset as the project progresses.
RMD - RichMind's native coin
RMD is the native coin of RichMind's Blockchain, designed to play these roles:
Token Distribution
Documents
RichMind Wallet
Your multi-chain crypto wallet
- buying and selling 1000+ cryptocurrencies at true cost
- Grow your portfolio by earning passive incomes by staking crypto assets
- All without needing to give up control af your assets
Road Map
Don't miss details
July 2024
Running RichMind Mainnet
Generating pre-minted coins
Establishing RichMind blockchain explorer
September 2024
Running Tokenization Platform
April 2025
Adding Fiat Currency Service
August 2024
Running RM Wallet (A multi-chain, non-custodial crypto wallet with built-in exchange for cross-chain swap trading)
November 2024
Initiating Tourism Service in RM Wallet
Booking
Ticketing
December 2025
Expanding the ecosystem
FAQ
Don't miss details
The Tendermint consensus algorithm operates through a series of steps to achieve agreement among validators and ensure the security and validity of the blockchain. Tendermint follows a round-based consensus process, consisting of Proposal, Prevote, and Precommit steps.
The Cosmos SDK is an open-source framework for building multi-asset public Proof-of-Stake (PoS) blockchains as well as permissioned Proof-of-Authority (PoA) blockchains. Blockchains built with the Cosmos SDK are generally referred to as application-specific blockchains. The goal of the Cosmos SDK is to allow developers to easily create custom blockchains from scratch that can natively interoperate with other blockchains.
The Tendermint consensus algorithm is specifically designed to address the challenges of Byzantine fault tolerance in distributed systems. Through a Proof-of-Stake (PoS) mechanism, Tendermint establishes a network of validators responsible for validating and adding new blocks to the blockchain. These validators are carefully selected based on their reputation, expertise, and stake in the network. By employing the Tendermint consensus algorithm, RichMind ensures that the network operates in a secure and decentralized manner, mitigating the risks associated with centralized authorities or single points of failure.
The combination of EVM-compatibility, near-zero transaction fee, fast finality and innovative offline staking feature makes RichMind a unique platform in the field of distributed ledger technologies (DLTs).
1300
+Unique Address
3
+Partners
10
+Nodes
28
MCirculating Supply
Our Partners
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News & Update
Read the latest articles and news about RichMind Blockchain
Offline Staking in RichMind
RichMind recognizes the importance of providing flexible options for users to participate in the network
Introducing RichMind Blockchain
RichMind introduces a novel, decentralized blockchain that is compatible with the Ethereum Virtual Machine (EVM)
Contact
Get in Touch
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