Raptoreum RTM
1. Summary
- Description
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About Raptoreum
About Raptoreum
Raptoreum is a secure Proof of Work (POW) cryptocurrency that enables asset creation, futures, and smart contracts while maintaining resistance to 51% double spend attacks. It utilizes a hybrid system that combines POW with its Smartnode network, ensuring LLMQ-based Chainlocks for enhanced security. The project is built on the Ghostrider algorithm, which is designed to be anti-ASIC and anti-FPGA, promoting decentralization by allowing CPU and GPU mining with CPU having a significant efficiency advantage.
Key Features
- Smart Contracts: Raptoreum allows smart contracts to be written in common languages such as Java, Python, and Scala, making it accessible to a broad range of developers.
- Asset Creation: The cryptocurrency features an easy-to-use asset platform that enables the creation of non-fungible and uniquely named assets "on chain," which can be transferred trustlessly and automatically via smart contracts.
- Futures: Users can lock RTM coins or assets into special transactions, enabling automatic release at specified block heights or timestamps.
- Decentralization: The Ghostrider POW algorithm is designed to discourage mass ASIC and FPGA mining, promoting decentralization and making it accessible for anyone to participate in mining.
Security Measures
- 51% Attack Protection: Raptoreum's combination of POW and the Smartnode network ensures that controlling 51% of the network hashrate is insufficient to launch a successful attack. An attacker would need to own or control at least 60% of the Smartnodes.
- LLMQ and Chainlocks: These measures are integrated into Raptoreum's security infrastructure to prevent double spend attacks.
Community and Development
- Global Community: Raptoreum has a diverse global community that actively contributes to the project, enhancing its resiliency and overall quality.
- Development: The project is under constant development, with ongoing efforts to improve and expand its features and services.
Technical Details
- Max Supply: The total supply of Raptoreum (RTM) is capped at 21,000,000,000.
- Ghostrider Algorithm: The custom algorithm was designed to increase decentralization and is the core of Raptoreum's POW mechanism.
- Smartnode Network: The Smartnode system is integrated into Raptoreum to support Chainlocks and enhance security.
With its combination of decentralized mining, robust smart contract support, and strong security features, Raptoreum aims to provide a trustworthy and versatile platform for users.
Price | |
52W High price | $0.002276379200 |
52W High date | 4th Dec 2023 (11 months ago) |
All Time High (ATH) Date | 14th Nov 2021 (2 years ago) |
ATH Price | $0.08 |
% From ATH | -98.87% |
All Time Low (ATL) Date | 13th Apr 2021 (3 years ago) |
ATL Price | $0.000069600000 |
% From ATL | 1219.52% |
Supply & Trading Volume | |
Trading Volume (24h) | $13,143.00 |
Total Supply | 21.00B |
Max Supply | 21.00B |
Circulating Supply | 4.27B |
RTM
How does Raptoreum's (RTM) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-13.2%
RTM
-7.4%
Similar Market Cap
60 Day Return
-25.6%
RTM
-14.1%
Similar Market Cap
1 Year Return
-26.2%
RTM
-28.3%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
Reddit Subscribers | 7,670 |
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Active Reddit Users (past 24h) | 3 |
Discord users | |
Active Discord Users | |
Telegram Users | 1,163 |
Twitter followers | 14,250 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://raptoreum.com/ |
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Explorer | https://explorer.raptoreum.com/ |
@raptoreum | |
/r/raptoreum |
Has Raptoreum been audited for security?
No security audits found for this project.
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