ReserveBlock, an open-source layer-1 blockchain, has today announced the listing of its native coin, RBX, on the Bitmart exchange. This milestone comes barely a week after RBX was listed on Deepcoin and Bitrue exchanges.
The RBX token’s main utility is to validate ReserveBlock’s Proof of Assurance (PoA) consensus on the decentralized tokenization layer 1 protocol and secure the network. Its listing on Bitmart will make the cryptocurrency available to a worldwide audience while increasing access to the ever-expanding ReserveBlock ecosystem.
To celebrate the event, ReserveBlock will be hosting an AMA, competitions, and RBX staking in partnership with BitMart. Through these initiatives, the community will be able to gain knowledge about RBX, its applications, and how to join ReserveBlock’s validator governance and obtain random block rewards.
A Sustainable Layer-1 Mining Ecosystem
Adhering to the same principles and values as Bitcoin, ReserveBlock has implemented a unique Proof of Assurance (PoA) protocol. This protocol offers a decentralized, liquid, nearly fee-free, and energy-efficient solution for securing the network and confirming transactions. PoA’s lightweight architecture also democratizes access to mining, enabling anyone to join with just a standard home computer.
As for its value proposition in DApp building, the ReserveBlock protocol provides users with powerful on-chain tokenization tools and features, including royalty enforcement, multi-asset non-fungible tokens (NFTs), asset wrapping and pairing, peer-to-peer media transfer, domain name service, and on-chain self-governance.
To further improve the efficiency and utility of the platform for its users, ReserveBlock RBX also recently released a core wallet update that is optional for all native users. This update includes Over The Air (OTA) wallet updates and an auto snapshot importer, as well as a number of ‘quality of life’ features.
Source: https://coinpedia.org/information/reserveblock-unveils-rbx-token-on-global-market-with-bitmart-exchange-listing/