What is realchain project (What does ‘real’ mean)?

The realchain project is a protocol that solves data privacy issues through blockchain technology. Its main features include:

1. The ability to exchange and share decentralized data without the intervention of a third party.

2. Provides verifiable randomness (proof-of-stake) to prevent malicious attackers from taking advantage of the network for faster transactions and lower fees.

3. Provides developers with a trustless environment, allowing users to interact directly with others.

What does ‘real’ mean?

So what does ‘real’ mean? Real is the combination of a virtual asset with the real world. It can be understood as a decentralized database or ledger. Specifically, it is the well-known “chain” that we are familiar with, as the underlying technology of blockchain is based on distributed ledger methods.

Literal meaning, “real” is actually a way of recording data. In our daily lives, we often hear a term called “permanent offline”, which refers to storing data from the real world as a reference and ensuring that it originates from the original object.