Rise DPoS Blockchain Update: by PandaTanku

Rise Update: by PandaTanku

Yohoo, welcome readers to this newsletter. Today we’ll talk about what has been going on at RISE and what is coming in the near future! Don’t forget to like, subscribe and share. The future is in your hands. Together we can make a difference! Let’s get moving.

Note: This letter is written by a community member and is not published by the official RISE team. I do not own any documentation/information of any links and all rights go to their respectful owners.

Quick Intro on RISE
Rise is a blockchain platform using the DPoS consensus algorithm. The vision of RISE is to make it easy to get started and build (mobile) dapps on its platform. This is enabled by offering a wide variety of coding languages that integrate with the platform as well as Drag and Drop or Builder applications to help you get started. RISE also offers the incubator service to help blockchain startups with dev/advise/guidelines and possibly more.

Delegated Proof of Stake used by RISE makes use of 101 delegates that are forging and verifying blocks. Who decides the delegates? The people owning RISE can vote who the delegates are and in fact there is no minimum of RISE required in order to vote. All you need is to have your RISE in the wallet and vote for a delegate. You can vote for only 1 delegate per RISE address/wallet and 1 vote costs 1 RISE. Once you have voted for a delegate and that delegate is in the top 101 (based on the RISE shares the delegate has from all the voters included), you will receive your RISE share from the block rewards/fees. You do not require to leave your wallet running to receive rewards.

DPoS consenus allows everyone to participate and get rewarded and is one of the most energy efficient algorithms currently in use by blockchains.

What has been done in the past weeks

Dev
The team has made progress in various areas. We could say the dev team has been working hard. The RISE core has been rewritten in TypeScript and Andrea working to clean up a few modules to make sure good code practices are followed. Why TypeScript you may ask? You can get some more info on this blog:
https://blog.codewithdan.com/2017/08/26/5-key-benefits-of-angular-and-typescript/
Besides Andrea aka Vekexasia, we got some other talented devs working towards completing the test-units. Currently 68% of the codebase is covered. All details about the latest developments can be found here:
https://medium.com/rise-vision/the-rise-of-typescript-b6181618192a

Recruitment
We got an awesome team working for RISE, but why not expand and add some bright heads to the team? 
We got some interesting personalities joining the team that will help develop and market RISE to the masses.
Marketing:
https://twitter.com/CryptoPioneer/status/935634818972422144
Development:
https://twitter.com/CryptoPioneer/status/937742577624862722
Community Manager:
https://twitter.com/RiseVisionTeam/status/941610442157256704

What is to come in the very near future:

Rise Base Establishment
Regulations, scams, how is RISE preparing for the future? Rise is setting its foot in Gibraltar and establishing a base. Gibraltar is currently the place to be for blockchain and DLT (Distributed Ledger Technology). Things are moving quickly and Rise Vision should be incorporated by 1st of Jan 2018:
https://twitter.com/CryptoPioneer/status/941642345329635328
What makes Gibraltar so interesting? Read few posts and check these videos to get you convinced. ;)
https://www.coindesk.com/gibraltar-to-create-license-for-blockchain-startups/

Airdrops, ICOs, Incubator
The incubator idea behind RISE is to help new projects get started, help with dev, follow any regulatory guidelines where applicable with the help of RISE’s expertise in the cryptosphere. Any blockchain startups making use of the incubator service will share 20% of their coins/tokens to RISE holders. First in line is the “Interlet” project. The Announcement is getting closer and we may see some action soon. A snapshot of the rise-wallet is projected to take place in January 2018 for the Interlet airdrop, more detailed information will follow later:
https://twitter.com/CryptoPioneer/status/940344586194620417
Make sure to hold your RISE in the wallet (and ofcourse vote for your favorite delegate to earn some more )
Other projects in line are “Chipz” and possibly a fitness application.

Where to catch up on all the previous news?

You can check out all official newsletters here:
https://rise.vision/news
Official newsletters are release bi-weekly, usually on Fridays. Make sure to have a look to stay up to date on the RISE progress.

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