RAYS NETWORK
UPIK05Introduction
Rays Network-is cryptocurrency, which aims to revolutionize your experience in the world of cryptocurrency. We have identified common problems of cryptocurrency, starting from usability and ending with the way decentralized systems work. We accept known functions in the world of cryptocurrency, such as delegated proof of share (DPOS) and protocol with several algorithms, but we have changed the functions to meet the needs of our community.
Problem
The industries need a blockchain which should be Secure and Private. General cryptocurrency users require Low Transaction Fee, Fast Speed, and Security.
Solution
Flexible Blockchain Network (FBN)
We have a solution for both; a Secure and Private blockchain for industries, and a Secure and Fast cryptocurrency for general users. Our technical team is working on a Flexible Blockchain Network (FBN) which may switch between General and Enterprise users as required by the users for their needs. Sufficient progress has already been made and a Minimum Viable Product (MVP) has already been developed to prove the FBN concept. Bulletproof protocol is selected to implement this Flexible Blockchain Network.
ADVANTAGE RAYS NETWORK
A Blockchain
RAYS Network is based on a whole new blockchain technology which is growing and improving all the time. For a few years now, blockchain technology has been increasingly adopted, but there are still many problems that hold this technology back from going mainstream. RAYS Network is looking to solve many of these problems.
A Cryptocurrency
RAYS Network is a cryptocurrency that aims to revolutionize your experience within the cryptocurrency world. We have identified common cryptocurrency issues ranging from usability to how decentralized systems operate. We are adopting known features in the cryptocurrency world such as Delegated Proof-of-Stake (DPoS) and multi-algorithm protocol but we have modified features to accommodate our community’s needs.
Privacy and Security
We will achieve real privacy and security by choosing the right algorithm (in this case the Bulletproof Algorithm). By refining it in our unique way, we will be able to achieve really high network scalability and keep the highest standards of safety at the same time.
The implementation of one of the two additional protocols such as TOR or I2P will allow our users to enjoy total privacy. Thanks to these two protocols, none of the transactions can be traced in any way.
The implementation of the bulletproof protocol will make the RAYS Network also immune to attacks from quantum computers.
Ultra Fast Transaction with Zero Fee
By choosing a multi-algorithm protocol, we will be able to improve it in an appropriate and unique way for us to maximize the scalability of our blockchain network.
Through the internal voting of our development team, we unanimously chose that our blockchain network will have the zero transaction fee, which means that all transactions carried out by RAYS Network will have zero costs so that RAYS cryptocurrency may get well adopted at highest possible level.
Customized Delegated Proof of Stake
One of the special features of our project is Customized-Delegated Proof-of-Stake or C-DPoS. It is the most decentralized, fast, and efficient protocol known to date. C-DPoS is an extended version of DPoS with inclusion of Trusted and Efficient labels being assigned to best performing Delegates. C-DPoS a robust and flexible consensus protocol. Deterministic selection of block producers will allow transactions to be confirmed in an average of just 1 sec.
Multi Transaction System (MTS)
One of our planned blockchain feature is a one-click Multi-Transaction System (MTS) where a head of the company can send payments to all of its employees using just one click. There are hundreds of such possible applications of blockchain. Not even limited to digital currency payment, in such blockchain network, one user may send data to hundreds of other users or systems in the blockchain.
Prime RAYS Features
- Customized Delegated Proof of Stake (CDPOS)
- Bulletproof Protocol for Privacy
- Flexible Blockchain Network (FBN) [Public and Private]
- Enterprise Privacy Blockchain Solution (EPBS)
- Zero Transaction Fee
- RAYS PAY & Microtransactions
- Multi Transaction System (MTS)
- RAYS Research Laboratory
- RAYS 3S Wallet
- Quantum Proof
- GDPR Compliance
ICO Details
General Information
Token: RAYS
Platform: Ethereum
Standard: ERC20
Number: 500 million RAYS
Price: 1 RAYS = 0.25 USD
Payment: ETH, BTC, Xsh
Soft cap: 2 million USD
Hard Cap: 20 million USD
KYC: Yes
ICO
Quantity: 40%
Start: 01.12.2018
End: 31.12.2018
ROADMAP
Q1 2018
RAYS idea created Initial Team Formulation Creation of Roadmap Official social medias & official email Github for RAYS Project developers Research and Study of Existing Blockchain Protocols and Algorithms Understanding the needs of customers Team Discussion and Decisions for Solutions to ensure the requirements of Community Pre-Whitepaper Preparation.
Q2 2018
Website Launch RAYS Network Ltd registration (first office in UK) RAYS Skymap Pre-launch marketing strategy and materials Research regulations and compliance procedures RAYS Enterprise and Digital ID Core Preparation RAYS 3S Wallet Discussion Find current projects that will provide valuable functionality to RAYS Enterprise Whitepaper 1.0 release Preparation for AI Master Nodes Dev & Quantum Proof Preparation of Digital ID Implementation Understanding Industries and Integration Marketing campaigns launched to increase awareness of RAYS Project Preparation for Private and Pre Sale AlphaMVP – RAYS Simulator 1 ERC20 Smart Contract for Token Sale Smart Contract Audit.
Q3 2018
Private and Pre Sale Technical whitepaper 1.0 release Preparation for Exchange Listings Preparation for RAYS Cloud Wallet FBN Blockchain Development Starts Release of Cloud wallet RAYS Partnerships Preparation of Windows and Linux wallets RAYS Enterprise Relocation Prepare for RAYS Exchange Team Expansion.
Q4 2018
First Partnership Announcement Release Windows and Linux Wallets Listing on at least one top rated exchange other than IDEX Listing on https://coinmarketcap.com Preparation for RAYS Smart Contracts Release RAYS Exchange Technical Whitepaper Update 1.1 Release New Skymap for 2019 Preparation for RAYS Mobile App Establishment of RAYS office in Asia Academic Collaborations and Establishment of RAYS Research Laboratory Skymap for year 2019 release.
2019
AI Master nodes Quantum Proof More Exchanges New Partnerships RAYS Flexible Blockchain Network (FBN) Performance and Security Audits RAYS 3S Wallet RAYS Mainnet Deployment And a lot more to come.
RAYS 3S Wallet – Secure, Safe, & Smart
RAYS 3S Wallet will be a highly secure hybrid wallet with the encapsulation of keys using KEMs on hardware by means of highly advance cryptographic primitives like data protection, hash functions, digital signatures, and OAKMD schemes.
Secure
Zero Trust: RAYS Wallet’s security will be based on the principle of zero trust and will be protected by NIST approved advanced cryptographic primitives.
2FA: RAYS Wallet will have Two Factor Authentication.
Anti Phishing: RAYS Wallet will have Anti Phishing Measures.
SAFE
Pin Key: RAYS Wallet provides currency holders with a high degree of security via the use of a unique PIN key that can be up to 9 digits long.
Total Privacy: RAYS Wallet will use extra level of protection that doesn’t log private information when connecting to network.
Recovery: In the event of lost of the wallet seed, the user can easily backup his/ her wallet credentials via of a “recovery scheme”.
SMART
Automatic Disable Feature: if a person tries to hack/ access the wallet forcefully, it will automatically disable itself after a certain number of failed attempts.
Accountability: RAYS Wallet needs physical approval for all internal transactions to be executed.
Smart KMS: The smart security policy of a key management system provides the rules that are to be used to protect keys and metadata that the Key Management System supports.
TEAM
Umar Shafiq
Chief Executive Officer
Tomasz Betko
Director
Michal Mikolajczyk
Chief Compliance Officer
Michael Gehlert
Chief Business Officer
Keiran Hussey
Blockchain HR Manager
Daniel Farr
Principal Blockchain Consultant
Pankhuri Bansal
Marketing Manager at Bitcoin Gold and Huboi Token
Anas Alvi
CTO at AppZilla in
Umer Aslam
CEO at Digitize Coin, Former Portfolio Manager at IBM
Robert Schmidt
Content Writer
Bilal Dastagir
CEO of rayswallet.com, Specialist Cryptographer
Shahid Karimi
Web Developer, System admin
Philip Amara
Community Manager
David Bochno
Graphic Designer
Tatiana Liulka
Graphic Designer
Sadia Bruce
Business Development Officer
Ashonzay Matlock
Blockchain Trainer
Aqib Malik
UAE Business Expert
Guiller Jay Felix
Specialist in Bounty Management
Divij Sood
Community Manager
Markus Saitmacher
Lead Developer
Hassan Hashmi
DPoS Architecture Design
Sal Kuyateh
Blockchain Developer
Nemanja Lazic
Blockchain Developer
Corey Wilton
Community Manager
Jakub Olan
Graphic Designer
Advisors
Ismail Malik
CEO of Blockchain Lab
Daniel Steeves
CEO – Steeves Solution
Badri Narayanan
PhD., Advisor to Governments
Dr. Fahad Guraya
Ph.D – CEO at opolo.io
Simon Emil Bierling
Former Twitter Employee – Founder at ICOSocial
Muhammad Shakil
CEO – BandZ Network
Dr. Subhajit Chakrabarty
Ph.D Finance, Ph.D Researcher in Computer Science
Joss Colchester
Founder & Director at Complexity Labs
Wannipha Jen Buakaew
Jenny from the Blockchain
Savio Gomez
Fintech Blockchain AI Start up Advisor
Thomas Enechi
Entrepreneur | Blockchain/ICO Advisor
More information contact :
Website: https://rays.network
Whitepaper: https://rays.network/whitepaper1.0.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4470532.msg%msg_id%
Facebook: https://www.facebook.com/RaysNetwork
Medium : https://medium.com/@RaysNetwork
Twitter: https://twitter.com/Rays_Net
Telegram: https://t.me/RaysNetwork
Youtube : https://www.youtube.com/channel/UCgh_M003xFPkhS9BFr-3e_g
Author : upik05
Telegram Username : @upik05
BTT username : upik05
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2205131
Address wallet
0x6B4D2B44e4FB4648FE87029C4ddf00Da999127c4