RealTract Network (RET) — the perfect combination of ETH 2.0, TRONX and Privacy Platforms

IDAX and RealTract (RET) have achieved strategic partnerships and have been maintaining this bilateral relationship all along. For this year november, IDAX is celebrating our 2nd anniversary and we’re proud of having one of the most potential projects like RealTract on our exchange. RealTract is implementing the first Testnet with highly rated tools and evidence from the research. Through this article, IDAX would like to give the community an overview and insight about the technologies that will bring a burst to this potential project in the future.
Initiated in 2018 with an ambitious vision of creating a Blockchain 4.0 with the combined strengths of the current Blockchain, RealTract aimed to resolve all of its weaknesses to ensure optimized real-world applications. A perfect combination of the advanced Proof-of-Honor (PoH) consensus mechanism, the off-Main Chain anonymity and multi-layered Smart Contract 2.0 ensures scalability, transaction verification speed, Miners’ rights, ease of security and accessibility by real-world users.
BLOCKCHAIN 4.0
RETchain is based and upgraded upon ETH 2.0 (PoS) into Proof-of-Honor (PoH), much more advanced than Proof-of-Importance (PoI) of NEM (which uses NCDawareRank algorithm). PoH uses “HodgeRank” to rank nodes based on: the amount of Stakes and amount of Transactions (which share a significant proportion of rewards and network control to Dapp developers to encourage them to develop many applications for many users to generate transactions).

PoH also implements an advanced incentive system to eliminate all cheating & slacking miners (those who do not seal blocks) to preserve the longevity of the blockchain network, and implements a smart free-gas policy based on “stamina” (which is promised to be more advanced than Tron’s) called “GasStation” to make blockchain transactions cheaper while evenly anti-spamming and incentivizing to miners.

RealTract adds 1 “Loyalty” point in each node. The more transactions a node contributes and system maintenance fee, the more Loyalty points that node receives. When node spammers attack the system, it still prioritizes the verification process of transactions from nodes with high Loyalty points. In addition, nodes with high Loyalty points will enjoy gas price for processing previous transaction gradually being reduced to 0, which makes it “near-zero fee for the loyal” instead of a completely “zero fee” offer. This mechanism ensures maximized benefits for the DApps attracting the most transactions and a fair rewarding system for miners to have long-term staking incentive.

Privacy
They invent “sec.RET” — a privacy protocol which combines the best of Aztec protocol, CryptoNote, BulletProof and more. Sec.RET is a powerful weapon for Smart Contract 2.0, which users currently can send/receive RET coin anonymously through a specialized smart contract instead of going anonymously on the Main Chain. This is especially an innovative solution for money laundering threat existing in the current market and encountered by most anonymous coin.

Smart contract 2.0
Smart contract 2.0 is “Smart contract for everyone” with multi-tier smart contract architecture. Tier 1 is for technical developers. Tier 2 is for non-tech users to create “real life applications”. We will deploy multiple “templates” for non-tech users to create Dapp for specific businesses. Our smart contracts can also be plugged into the most advanced technologies (such as IPFS, ChainLink, Band Protocol, Ocean Protocol, etc.) in the blockchain universe to form a complete ecosystem.
Key Highlights of RETchain

Tentative Roadmap

What RET has accomplished
- Strong worldwide supporting community with more than 10,000 global members, 3,000 Korean members and more than 2,000 loyal Vietnamese members.
- RET has been listed on a number of leading crypto exchanges, with 2 of the top 10 cryptocurrency exchanges globally: IDAX and Coineal. Other worth mentioning exchanges that RET is traded on are Bitsonic — №1 Korean cryptocurrency exchange, all leading exchanges in Vietnam such as VCC, BCNex, Nami etc.







- RealTract has reached a strategic partnership with IDAX (International Digital Asset Exchange), one of the leading cryptocurrency exchanges globally. Check out the news : https://medium.com/@realtractofficial/strategic-partnership-between-realtract-and-idax-7c49433a6add
- RET once reached 1st of the most discussed topics on Coinpan (perceived as the Korean-Bitcointalk), Bitman (one of Korea’s most viewed newspapers), Coinpub (forum on Blockchain) etc.
Link: https://coinpan.com/notice_ad/101879395
https://coinpan.com/notice_ad/101879395
https://coinpan.com/coin_recommend/108266183
https://coinpan.com/coin_recommend/108444311
https://coinpan.com/free/108495333 - RET once skyrocketed in price, reaching a peak of 60sts (6000%) and made it to the top 100 cryptocurrency in circulation according to Coinmarketcap.

- RET once ranked 1st in trading volume with the trading pair RET/BSC on Bitsonic exchange with booming prices.


RealTract (RET) emerges as a phenomenal project with groundbreaking ideas, executable technology and on track with the enthusiasm of the unknown developers but aware that the success of the project is their biggest reward. Their motivation is inspired by Vitalik Buterin — Founder of Ethereum or Satoshi Nakamoto — Founder of Bitcoin. RealTract (RET) strives to be a potential Blockchain Platform project for the industry.
RealTract (RET) has received attention and investment and development support by a reputable Blockchain fund. In the near future, RealTract (RET) will continue to cooperate with IDAX to carry out a special program with the goal of market development, project development and a great gift to those who always accompanied and supported the project.
Telegram Channel: https://t.me/realtractchannel
Telegram (English): t.me/RealTractOfficial
Telegram (Korean): t.me/RealtractKorean
Telegram (Vietnamese): t.me/Realtractvn
Twitter: https://twitter.com/realtract
About IDAX
IDAX (www.idax.pro) is an international exchange platform originating from GBC (Global Blockchain Research Center). IDAX was founded in 2017 and within several months it gained to be in Top 10 exchanges of CMC rank. We provide IDAX users from all around the world with convenient, safe and fast digital cryptocurrency transaction service.
We value every user of the platform, and look at and maintain our relationship with users from a long- term perspective. As one of the world’s leading exchanges, we will strive to build the first users’ community system initiated and promoted by the exchange. Using our products and services to integrate into people’s lives, bringing joy and more opportunities to our users and society in general.
IDAX Social Groups
Telegram(Chinese)https://t.me/idaxcenter
Telegram(English)https://t.me/IDAX_Overseas_group
Telegram(Korean)https://t.me/idaxkoreaofficial
Facebook: https://www.facebook.com/IdaxCenter
Twitter: https://twitter.com/IDAXpro
Medium: https://medium.com/@IDAX11
Instagram: https://www.instagram.com/idaxcenter
Hypenews : https://hype.news/idax
