# **What is Rikeza Chain?**

Rikeza Chain is an innovative solution to bring programmability and interoperability to Rikeza Chain. Rikeza Chain relies on a system of PoA consensus that can support short block time and lower fees. The most bonded validator candidates of staking will become validators and produce blocks. The double-sign detection and other slashing logic guarantee security, stability, and chain finality.

Please read the FAQ to get started.

What can I do with Rikeza Chain?
The purpose of the new blockchain and DEX is to create an alternative marketplace for issuing and exchanging digital assets in a decentralized manner.

You can: Send and receive RIK
Issue new tokens to digitalize assets, and use Rikeza Chain as underlying exchange/transfer network for the assets.

For developers, you can also: Rikeza Chain, RIK boasts smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). The design goal here was to leave the high throughput of Rikeza Chain intact while introducing smart contracts into its ecosystem.

Because RIK is EVM-compatible, it launched with support for the rich universe of Ethereum tools and DApps. In theory, this makes it easy for developers to port their projects over from Ethereum. For users, it means that applications like MetaMask can be easily configured to work with TC. Seriously – it’s just a matter of tweaking a couple of settings. Check out Use MetaMask or R Walletfor Rikeza Chain to get started.

You can: Send and receive RIK
Explore the transaction history and blocks on the chain, via RIK SCAN, API and node RPC interfaces.

Developers can also: Issue new tokens to digitalize assets
Run a full node to listen to and broadcast live updates on transactions, blocks, and consensus activities
Develop wallets and tools to help users use Dapps
Get Started
Want to try it Rikeza Chain? Just give a peek at the first few of pages of the getting started guide.
You could also have a read through the FAQ.

Want to develop on Rikeza Chain? First, read through the FAQ and learn about tokens here.

Asset Management RIK20 Asset
A token protocol on RIK which is compatible with RIK20. It extends RIK20 and contains more interfaces, such as getOwner and decimals. Read the full proposal here: https://github.com/RIKEZAMAINNET/go-rikeza

Rikeza Chain is ready for other projects to migrate their tokens to take advantage of performant transactions with more liquidity options and native marketplace features.
More information about how projects can set themselves up for this (via rikscan.com or partners) will come soon.

Technology Details
Continue reading below if you are interested in what is happening under the hood!

Rikeza Chain as a Block Chain: about consensus, software stack, network layout and roles.
Run a Rikeza Chain full node: how to run a full node and become part of the p2p network of Rikeza Chain.
Our support can be reached at 365/24/7: contact@rikeza.io

# **Who Are the Founder of Rikeza?**

Rikeza (Rikeza Blockchain Ltd) was launched in November 2021. Rikeza was founded by Mohit Shukla and Team, two experienced blockchain developers and a business consultant.

The team included founder of Rikeza. Akshay Kumar a full-stack developer and blockchain engineer and played an integral role in implementing Web3.

Founder and Chief executive officer of Rikeza, Mohit Shukla is a blockchain programmer and entrepreneur. Before jointly starting Rikeza Blockchain Ltd. , Mohit Shukla had served as the Director of Study'n'Learn, and the Chief executive officer of P2P Software's.

# **Introduction of Rikeza Chain**

Rikeza Chain relies on a system of PoA consensus that can support short block time and lower fees. The most bonded validator candidates of staking will become validators and produce blocks. The double-sign detection and other slashing logic guarantee security, stability, and chain finality.

The Rikeza Chain also supports EVM-compatible smart contracts and protocols. Cross-chain transfer and other communication are possible due to native support of interoperability. RIK Exchange remains a liquid venue of the exchange of assets on both chains. This dual-chain architecture will be ideal for users to take advantage of the fast trading on one side and build their decentralized apps on the other side. 

The Rikeza Chain will be: EVM-compatible: Supports all the existing Ethereum tooling alog with faster finality and cheaper transaction fees.
Interoperable: Comes with efficient native dual chain communication; Optimized for scaling high-performance dApps that require fast and smooth user experience.
Distributed with on-chain governance: Proof of Staked Authority brings in decentralization and community participants. As the native token, RIK will serve as both the gas of smart contract execution and tokens for staking.

RIKEZA

Rikeza Blockchain is an innovative solution to bring programmability.Rikeza relies on a system of PoA consensus that can support short block time and lower fees

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YFDAI is an entire permission less DeFi ecosystem that combines Staking & Farming services and soon, Lending/Borrowing services, SafePredict, and Insurance together with their own DEX called SafeSwap and their own LaunchPad where legitimate projects in the DeFi space can launch their new vetted projects with contract audits, locked liquidity and locked dev tokens in time release smart contracts.  Whereas other DeFi protocols rely upon minting new tokens to sustain their staking and farming rewards, YFDAI has allocated tokens for these products which will be replenished with fees generated by the ecosystem. YFDAI also has a deflationary burn mechanism built into the platform that will ultimately reduce the total supply to just 13,950 tokens.

YFDAI’s mission is to clean up the DeFi space by de-risking the purchase of new projects by performing due diligence vetting and requiring adherence to the same protocols that YFDAI itself adhered to on their launch.  YFDAI’s motto is ‘no more exit scams or rug pulls.’

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