Roburna
Roburna is an eco-friendly blockchain currently operating on testnet with a full mainnet release scheduled for 2023.
An excerpt from their Whitepaper tells more: "Roburna is a frictionless blockchain project and frictionless yield digital currency that introduces new consensus mechanisms (PoE, Proof-of-earn) and (DpoE, Delegated proof-of-earn), which are based on frictionless yield principles, a new architectural network structure of nodes and validators (elastic frictionless validation). Roburnais service based (BaaS, Blockchain as a Service) which will bring new ways of delivering infrastructure, networking and development tools.
Roburna will be the first decentralized frictionless yield digital currency that will be used as fuel and as a main digital currency for a service-based (BaaS) blockchain. As blockchains continue to evolve, there are some existing challenges that are still not solved. For example, when looking at consensus mechanisms, three are most commonly used (Proof-of-work; Proof- of-stake; and Proof-of-delegated-stake), each with their own distinct drawbacks.
The proof-of-work mechanism (as used by Bitcoin) has the major disadvantage of requiring ever more computational power and energy to become a validator on the network and share in dividends. Both proof-of-stake and proof-of-delegated-stake have the mutual disadvantage of requiring an increasing amount of capital to become a validator on the network. These increased requirements produce a much higher bar of entry to become a new validator and to share dividends. Proof-of-delegated-stake has helped to cut these costs, making it easier to gain access to shared dividends, but it is not a long-term solution to the real problem. Proof-of- delegated-stake is a fix to a broken system that will eventually also become a non-inclusive mechanism.
All of these consensus mechanisms share the common trait of concentrating power and creating monopolistic positions, thereby going against decentralization principles. This is not how blockchain technology was originally intended to be.
Roburna is designed to solve this problem once and for all by creating a new consensus mechanism that will make blockchain technology permanently inclusive. Roburna’s goal is to make becoming a blockchain validator more accessible, dynamic and inclusive. This is made possible through utilization of an elastic frictionless validator mechanism. As the value of Roburna increases, the amount of RBA required to become a validator within the blockchain network decreases, and vice-versa. By utilizing this mechanism, it is possible to become a validator on the blockchain network in a way that stays decentralized, inclusive and accessible for everyone.
Roburna introduces Proof-of-earn (PoE) consensus mechanisms, making use of its frictionless earning capabilities and elastic validation. The Roburna blockchain utilizes frictionless yield, meaning that everyone keeping their holdings in the Roburna native wallet will earn dividends on transactions that occur on the blockchain network.
This principle increases the positions of long-term holders automatically and organically positions these holders to become validators on the blockchain network over time. Holders earn to validate on the network! Welcome to (PoE) proof-of-earn!"
For more information about Roburna, please visit them below
Last updated
