Rubix is an L1 blockchain protocol consisting of thousands of proofchains that always compose to one global state without needing centralized coordinators. The architecture is modular where apps/enterprises can build subnets, merge them, and detach them, all on a public chain with one swarm key. This modular architecture with multi-threading results in parallelism & ultra-high scalability. It also helps in achieving zero gas fees. Rubix is the only L1 with a decentralized identity built right from the scratch.
Rubix also solves the state storage problem seen in other chains - Rubix is highly storage efficient & hence ideal for Web3 applications. RBT is the native utility token, which is a must to perform a peer-to-peer transaction on the chain. Miners are incentivized with RBT rewards. There will be a maximum of 51.4 million tokens eventually, of which about 6 million are mined. Rubix node can be run on any system with 8GB RAM & i5 processor, and does not need high-end ASIC nodes. We have several enterprises & apps being built on Rubix currently in verticals like ESG, carbon credits, NFTs, telecom, gaming & stablecoins.
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