[About us] Background

ReapChain(REAP)
ReapChain Official
Published in
2 min readJun 8, 2021

Good morning Friends,

this is CMreap Team.

Today, we have prefared Interesting history about Reapchain😊

Bitcoin first appeared in 2009 under the anonymous name Satoshi Nagamoto, and this P2P cryptocurrency caused a sensation around the world.

Since then, blockchain, the core technology of Bitcoin, has been selected as an innovative technology that will lead the future across various industries.

We encountered bitcoin in 2013 and naturally became interested in blockchain, and later developed a solution related to blockchain technology, but encountered limitations in practical use.

The security is excellent through the decentralization of the blockchain. However, one of the biggest problems is that it consumes a lot of computing power or the speed of consensus is slow to reach consensus. In addition, all transactions until consensus is reached are unreliable data, which is difficult to use in real life.

In particular, it is not possible to utilize blockchain technology in the fields of financial, IoT and games, because large amounts of data must be processed quickly.

In order to solve this problem, for four years, we have been thinking about the structure of a new blockchain, and we have been able to design a structure of a blockchain that can process real-time data with a dual blockchain, a new structure proposed by Reapchain.

​After completing the technical architecture of the Shell-Core Structure and PoDC consensus algorithm, we explained the structure to a senior engineer we met at the blockchain forum.

After the technical review was completed, the engineers joined one by one, and the Reapchain Mainnet project began.

Please love us a lot. Thanks!

CMreap Team.

★ReapChain Official Community

Homepage: https://reapchain.com/

Telegram: https://t.me/joinchat/MbaQ7RaZchMzjAam9yMS0Q

Medium: https://medium.com/reapchain

Facebook: https://www.facebook.com/ReapChain/

Twitter: https://twitter.com/ReapChain

Partnership and alliance inquiries: reapchain@reapchain.com

Investment and sales inquiry: sale@reapchain.com

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