VRRB is a blockchain-based platform that aims to revolutionize the way we interact with the digital world. The platform seeks to provide a decentralized and secure environment for users to transact and exchange data, without the need for intermediaries.
At its core, VRRB leverages the power of blockchain technology to create a tamper-proof and transparent ledger that records all transactions on the platform. This ensures that all interactions are verifiable and cannot be altered after the fact.
One of the key features of VRRB is its focus on user privacy. The platform allows users to control their data and decide who has access to it. This is achieved through the use of smart contracts, which automate the process of data sharing and ensure that users maintain control over their information.
Overall, VRRB is a promising blockchain platform that has the potential to transform the way we interact with digital information. Its emphasis on user privacy, sustainability, and decentralization make it a unique offering in the increasingly crowded blockchain space.
VRRB Labs has raised a total of $1.4M in funding over 1 round.
This was a Pre-Seed round raised on Feb 8, 2023. VRRB Labs is funded by 3 investors. Big Brain Holdings and Jump Crypto are the most recent investors.
VRRB Labs launched decentralized protocol leveraging its proprietary “Proof of Claim” algorithm to address the Blockchain Trilemma. Proof of Claim (#PoC) is a consensus algorithm that was introduced in 8th of February 2023 as an alternative to the Proof of Work (PoW) and Proof of Stake (PoS) algorithms. PoC aims to address some of the major issues that exist in both PoW and PoS. Primarily, Proof of Claim is:
Computationally Cheap
Collision Proof
Scalable
Completely Decentralized
Truly Permissionless
The PoC algorithm is made up of several components, one of which is the Election Algorithm. This algorithm is responsible for selecting the next participant to create a block in the blockchain.
Overall, the Proof of Claim algorithm is an innovative and promising approach to achieving consensus in blockchain networks. By addressing some of the major issues that exist in other consensus algorithms, PoC has the potential to enable faster, more secure, and more efficient blockchain transactions.
In this Thread I made an analogy to help understand the election algorithm used in the PoC process 👇👇👇
The permissioned beta testnet is going to launch at the end of March- early April
There will be a whitelist and application for running nodes. Node runners with experience are needed
Mainly focusing on four or five most popular programming languages in the world
Launching [redacted]
for the developer community
The public testnet is going to launch at mid to late summer - depending on beta
It could be the third testnet, after that mainnet is going to launch late this year or early next year with the best conditions
There will be huge grants for developers but not to buy their loyalty. Incentives for getting an organic developer community to try VRRB system, build on our platform, fall in love with VRRB, and make their lives better
Discord is closed for now, but It will be open for everyone very soon. The only way to get into Discord is through the Telegram group.
Users can contribute and help to develop the project in the way they can (translation, content creation, become a validator). Roles, that available on Discord server:
@Kronos - Level 10 on Discord server
@Koios - Level 20 on Discord server
@Hyperion - Level 60 on Discord server
@Beta tester - for early adopters
@Validator - for Validators only
@Rising Star - only few members have this role