RichSea leverages advanced blockchain technology and security measures to create a scalable, secure, and user-friendly platform.
Platform: Sui Blockchain Sui provides a high-performance, secure blockchain foundation for RichSea’s ecosystem.
Smart Contracts: Solidity RichSea’s smart contracts are built using Solidity, a widely adopted language in the blockchain industry, ensuring compatibility and functionality.
Consensus Algorithm: Delegated Proof-of-Stake (DPoS)
Using DPoS allows RichSea to achieve fast, efficient transactions while maintaining decentralization through community-elected validators.
Multi-Signature Wallets: Ensures that multiple approvals are required for transactions, enhancing user and fund security.
Regular Smart Contract Audits: Routine audits are conducted to detect vulnerabilities and maintain the integrity of the platform.
Routine Security Updates: Continuous security updates help protect against new threats, ensuring the platform’s resilience.
Horizontal Scaling: Allows RichSea to expand capacity by adding resources, ensuring stable performance as the user base grows.
Off-Chain Transactions: Some transactions are handled off-chain to reduce congestion and lower fees, enhancing the user experience.