{"id":457774,"date":"2021-03-15T10:17:40","date_gmt":"2021-03-15T14:17:40","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=457774"},"modified":"2021-03-15T10:17:40","modified_gmt":"2021-03-15T14:17:40","slug":"rubix-blockchain-green-initiative-solves-bitcoins-carbon-emission-problem","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rubix-blockchain-green-initiative-solves-bitcoins-carbon-emission-problem\/","title":{"rendered":"RubiX Blockchain Green Initiative Solves Bitcoin\u2019s Carbon Emission Problem"},"content":{"rendered":"<h2>\nProof of Harvest Consensus Mechanism by RubiX\u2019s Blockchain Green Initiative provides an enterprise level Zero Carbon Footprint blockchain alternative that is cryptographically 1,000,000 times more secure than the ECDSA 256 encryption used by Bitcoin or Ethereum<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">LEWES, Del., March  15, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=P3Uq57IcA8-r3B_rtbMwMJZxePrCj6SLJwknZBukEJ58MMIRrG4aQ8MH9XSKFs4eO6peIBvm43TYB-hLiHeqBw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>RubiX<\/u><\/a>, a full-scale Blockchain-as-a-Service (BaaS) and security solutions company, today announces the launch of its free, open-source public blockchain testnet availability with the Blockchain Green Initiative.<\/p>\n<p>The RubiX (RBX) proofchain was purpose-built on Proprietary \u2018Proof of Harvest\u2019 (POH) Consensus mechanism to facilitate cloud-to-chain migrations that meet the need for a variety of enterprise-level applications, including NFTs, DeFi, Payments, Smart Contracts and Industrial Applications.<\/p>\n<p>RubiX provides an unparalleled level of security as a layer-one solution, combined with a decentralized identity token (DID) which is split non-linearly into private and public shares. The result is a level of security 1,000,000 times stronger than Bitcoin\u2019s ECDSA 256 encryption algorithm.<\/p>\n<p>\u201cOur goal was to cut down the Carbon Emissions caused by Bitcoin and other Proof of work (PoW) based blockchain mining activities, using a secure proof-of-harvest alternative that\u2019s cryptographically superior to the current blockchain platforms,\u201d says Chakradhar Kommera, Chief Technology Officer at RubiX. \u201cOur solution can be used to democratize an unlimited number of industries and is driven by users, not investors. 100% of RubiX tokens are meant for eco-friendly mining without any carbon emissions. Smart contracts &amp; NFTs consume more energy than simple coin transfers with current PoW protocols, hence there is an even bigger need to use a sustainable blockchain technology.\u201d<\/p>\n<p>Not only is POH consensus from RubiX faster (0.25 seconds confirmation) and more secure than competitors, it uses no dedicated power for mining, and it is 100% eco-friendly. As the use of cryptocurrency increases, so does the industry\u2019s carbon footprint. RubiX uses minimal nodes for POH based consensus, so its carbon footprint is zero. RubiX is committed to nullifying its environmental impact by refraining from POW mining. Anyone with a computer or a smartphone can download the full RubiX node and become a validator and a miner using no extra electricity for the same, contributing to the goal of a carbon-neutral economy.<\/p>\n<p>RubiX is currently handling more than three million unique weekly active Industrial users &#8211; more than any other public blockchain at this point of time.<\/p>\n<p>To learn more about RubiX and how to build or switch your existing Smart Contracts, NFTs, DeFi or Industrial applications to a sustainable and secured technology or contribute towards the development of the Blockchain Green Initiative, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=-rcQUOj4RTaeVc0XMxFCMTpS7Rf119l4tvNSm5bFkZZfKz3E0b6WhHpVcPLXzQsT3vhRPlJA0P1Kf0_bvJjtdA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.rubix.network<\/u><\/a>.<\/p>\n<p>Developers can access RBX whitepaper and Testnet at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=UvpzkcGqmUAf4yyDLTBdngWP-UWgHghrvNR6aqIsOei5tPDqN6iCYt7skdEfQIISU2S4HXmjPUHioCWtFoqOsLVqYvgUIOLVZSvMC5WEAzLtlnwP5-VgHojxUvU_FSn51PiYfk9KaF7ieh8WVjT9dw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>https:\/\/github.com\/rubixchain\/rubixnetwork<\/u><\/a>.<\/p>\n<p>\n        <strong>About RubiX<\/strong><br \/>\n        <br \/>RubiX is a proofchain protocol that can scale with asynchronous parallelism to facilitate real world decentralized applications. Cryptographically strong, POH consensus algorithms are used for transaction validation. RubiX uses Proof of Harvest satisfying PBFT rule for consensus allowing full nodes to be run across all platforms (Server, NAS, VMs, PCs, Embedded Platforms, IoT&#8217;s and Mobiles). The platform leverages real world Distributed File System (DFS) based on content-based addressing for data storage.<\/p>\n<p>RubiX has primarily two types of tokens: Protocol tokens generated with strong mathematical proofs that are mined by nodes working to secure the network by storing proofs (capped under 51 million), and Asset tokens that can represent any underlying asset or contract including NFTs. DeFi or Smart Contracts, RubiX Network is an aggregation of several account-chains existing in parallel. Transactions achieve consensus individually, allowing for asynchronous parallelism leading to very high scalability. Account-chains are linked through unique tokens &amp; tokenchain hashes.<\/p>\n<p>\n        <strong>Media\/PR Contact:<\/strong><br \/>\n        <br \/>Uproar PR for RubiX<br \/>Brittany Johnson<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=vI9LMgL115DHF_EPsX3qMJ1yOykLNbmTu_r-U5j-m4EhN0kB_0S9HN7qmYKfCMvX79lTcfRBJaBjpTQZ-LA4hdCUpWa2jsF4pMDGq7-BqNo=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>bjohnson@uproarpr.com<\/u><\/a><br \/>312-878-4575 x246<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MDE2NiM0MDYzNDUxIzIyMDc2Nzk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/dbf3263a-f7a7-4834-ad90-102c1e4c15fd\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Proof of Harvest Consensus Mechanism by RubiX\u2019s Blockchain Green Initiative provides an enterprise level Zero Carbon Footprint blockchain alternative that is cryptographically 1,000,000 times more secure than the ECDSA 256 encryption used by Bitcoin or Ethereum LEWES, Del., March 15, 2021 (GLOBE NEWSWIRE) &#8212; RubiX, a full-scale Blockchain-as-a-Service (BaaS) and security solutions company, today announces the launch of its free, open-source public blockchain testnet availability with the Blockchain Green Initiative. The RubiX (RBX) proofchain was purpose-built on Proprietary \u2018Proof of Harvest\u2019 (POH) Consensus mechanism to facilitate cloud-to-chain migrations that meet the need for a variety of enterprise-level applications, including NFTs, DeFi, Payments, Smart Contracts and Industrial Applications. RubiX provides an unparalleled level of security as a layer-one solution, combined with &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rubix-blockchain-green-initiative-solves-bitcoins-carbon-emission-problem\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RubiX Blockchain Green Initiative Solves Bitcoin\u2019s Carbon Emission Problem&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-457774","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RubiX Blockchain Green Initiative Solves Bitcoin\u2019s Carbon Emission Problem - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rubix-blockchain-green-initiative-solves-bitcoins-carbon-emission-problem\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RubiX Blockchain Green Initiative Solves Bitcoin\u2019s Carbon Emission Problem - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Proof of Harvest Consensus Mechanism by RubiX\u2019s Blockchain Green Initiative provides an enterprise level Zero Carbon Footprint blockchain alternative that is cryptographically 1,000,000 times more secure than the ECDSA 256 encryption used by Bitcoin or Ethereum LEWES, Del., March 15, 2021 (GLOBE NEWSWIRE) &#8212; RubiX, a full-scale Blockchain-as-a-Service (BaaS) and security solutions company, today announces the launch of its free, open-source public blockchain testnet availability with the Blockchain Green Initiative. The RubiX (RBX) proofchain was purpose-built on Proprietary \u2018Proof of Harvest\u2019 (POH) Consensus mechanism to facilitate cloud-to-chain migrations that meet the need for a variety of enterprise-level applications, including NFTs, DeFi, Payments, Smart Contracts and Industrial Applications. 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